A new study from Oxfam projects that five individuals are on track to become trillionaires within the next ten years, amassing fortunes with 13 figures to their names. This projection marks a significant shift from a previous Oxfam report that indicated only one person would reach this milestone within a decade.
Some of the tech industry’s biggest names were present at Trump’s inauguration. Among the attendees were Meta CEO Mark Zuckerberg, Amazon executive chairman Jeff Bezos, Apple CEO Tim Cook, and Alphabet CEO Sundar Pichai.
The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next decade if current trends persist, according to Oxfam's annual inequality report released Sunday reported CNN Business.
With the inauguration of President Donald Trump set to take place next week there will no doubt be plenty of people looking to get in on what will be the hottest ticket in town.
A historic photo of tech billionaires Tim Cook, Elon Musk, Mark Zuckerberg, and Jeff Bezos at Trump's inauguration showcases combined wealth exceeding $887 billion.
Musk is the richest person in the world with a net worth of $449 billion, according to the Bloomberg Billionaires Index. He sat alongside Zuckerberg and Bezos, cheering Trump on during his inaugural speech.
The wife of Mark Zuckerberg and co-founder of the Chan Zuckerberg Initiative attends the inauguration of U.S. President-elect Donald Trump in Washington, D.C.
Shares of Tesla and Meta Platforms jumped by over 60% during 2024. Despite the comparable gains, there is a gigantic valuation gap between the two stocks. One of these stocks is clearly a better buy than the other in 2025.
The world will soon have five trillionaires as the wealth growth rate of its richest people rises faster than earlier estimates, according to a recent forecast.
Shortly after Trump was sworn as president, Facebook users reported their accounts were forced to automatically follow him. Not exactly.
Business is big on many fronts for President-elect Donald Trump as he prepares to be sworn in for his second term at around noon today in Washington, D.C. (His meme coin $TRUMP hit nearly $11 billion in market value since its launch on Friday.