Group’s report comes as the world’s political and financial elite prepare for an annual gathering in Davos, Switzerland.

The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...

Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, Oxfam said in its annual inequality report.

The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that ...

At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

In response to President Trump appearing at this year's World Economic Forum remotely via video conference, Nabil Ahmed, Oxfam America’s Director of Economic and Racial Justice, said: “President Trump ...

Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990.

Oxfam International, in its latest assessment of global inequality timed to the opening of the World Economic Forum meeting, also predicts at least five trillionaires will crop up over the next ...

The Oxfam report, which draws on data compiled by Forbes, is timed to coincide with the kickoff of the annual World Economic Forum meeting in Davos, Switzerland, an elite gathering of some of the ...

As the global political economy faces a critical test, global leaders should urgently prioritise strengthening democratic ...

That's a question being debated in the rarefied air of Davos, Switzerland, as billionaires and less wealthy movers and shakers gather at the World Economic Forum to consider the ... This year Oxfam's ...

Oxfam said in a report that Trump's election ... as global elites descend on Davos for their annual confab. The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the ...