The capture of our global economy by a privileged few has reached heights once considered unimaginable,” said the executive ...

The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next ...

Ahead of today’s inauguration of President Donald Trump, Oxfam America President and CEO Abby Maxman released the followin ...

Billionaire's wealth has grown faster last year, and now the world can expect at least five trillionaires within a decade, ...

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

Oxfam, the collection of 21 non government agencies (NGO), the goal of which is to fight poverty, issued its annual report on ...

Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.

This projection marks a significant shift from a previous Oxfam report that indicated only one person would reach this ...

In 2024, the number of billionaires rose to 2,769 while their combined wealth surged from $13 trillion to $15 trillion ...

The wealth of the world’s billionaires including Nigeria’s Aliko Dangote, Tesla and SpaceX chief executive, Elon Musk and ...

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