Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some of the world's political and financial elite.

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

There is increasing disparity in the world today as an "aristocratic oligarchy" is amassing wealth at unforeseen levels, a report published by development organization Oxfam said. Published ahead of the World Economic Forum (WEF) in Davos,

Oxfam Nigeria, a non-profit organisation, has warned that the wealth gap in Nigeria has reached crisis levels, with 70 percent of the population experiencing hunger.

Oxfam's 2024 report reveals billionaire wealth surged by $2 trillion, with the richest 10 growing by $100m a day

Billionaire wealth skyrocketed by $2 trillion in 2024, reaching an unprecedented $15 trillion—equivalent to $5.7 billion amassed daily, according to an Oxfam report released today. This marks a sharp acceleration, with wealth growing three times faster than the previous year and representing the second-largest annual increase on record.

The first trillionaires are on their way. Five people are expected to amass at least $1 trillion in wealth within the next decade, if current trends continue, according to Oxfam’s annual inequality report,

Over the course of colonialism from 1765 to 1900, the United Kingdom (UK) drew an astounding $ 64.82 trillion from India, as per the latest annual report on global inequality by rights group Oxfam International.

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

The wealth of the world's super-rich is growing ever faster, a study published on Monday by the development organization Oxfam has shown ahead of the World Economic Forum (WEF) in Davos. According to the report,

Davos: The UK extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to