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.
Billionaire wealth grew by $2 trillion in 2024 alone, equivalent to roughly $5.7 billion a day, at a rate three times faster than the year before, according to a new report from Oxfam. An average of ...
An Oxfam report found Australian billionaires' wealth increased by more than 8 per cent, or $28 billion, last year. Globally, the 10 richest people are all men and their wealth increased by more than ...
The super-rich have long played a role in U.S. politics but have an unusually prominent spot in incoming President Donald Trump's new administration. President Joe Biden's pointed warning about the ...