Billionaire wealth on the rise, says Oxfam, warning of 'aristocratic oligarchy'
As global elites arrive in Davos for the annual World Economic Forum, the global advocacy group Oxfam reported that billionaires' wealth increased three times faster in 2024 than the previous year, and it warned of an emerging aristocratic oligarchy with enormous political clout,
As the world economic forum kicks off in Davos, Oxfam is putting the spotlight on wealth inequality. According to the ...
Move over billionaires. The first trillionaires are on their way.
The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald ...
The combined wealth of UK billionaires surged by a staggering £35 million per day in 2024, reaching a total of £182 billion, ...
Follow The Hindu’s updates of Day 1 of the World Economic Forum 2025, in Davos, Switzerland, on January 20, 2025 ...
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
There is increasing disparity in the world today as an "aristocratic oligarchy" is amassing wealth at unforeseen levels, a ...
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The World Will Have 5 Trillionaires SoonThe world will soon have five trillionaires. New research shows this will happen within a decade. Who will they be?
The wealth of the world’s billionaires skyrocketed by a staggering 2$ trillion (£1.64 trillion) in 2024, a surge three times ...
Tuesday saw the World Economic Forum in Davos begin in earnest. Not even a star turn from David Beckham could stop AI dominating conversations.
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