Billionaire wealth surged in 2024, says Oxfam

Move over billionaires. The first trillionaires are on their way.
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald ...
The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to address global inequality.
Within a decade, the world could witness the emergence of its first trillionaire, Oxfam International warns in its latest ...
Follow The Hindu’s updates of Day 1 of the World Economic Forum 2025, in Davos, Switzerland, on January 20, 2025 ...
Oxfam’s ‘Million Pound Pint’ campaign aims to highlight the disparity between the super-rich and the rest of the population.
Drawing on a range of studies and research papers, Oxfam calculated that between 1765 and 1900, the richest 10 percent in the ...
The most important step in any solution is to increase the taxes the super-rich must pay, an idea that gained significant ...