Billionaire wealth surged to previously “unimaginable” heights in 2024, leading experts to predict that at least five people will become trillionaires within a decade, according to a new report from Oxfam International.

Tesla CEO Elon Musk is widely expected to be the world's first trillionaire. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes ...

Oxfam and its supporters warn that such concentrations ... net worth of just over $2 trillion—with Trump supporter Elon Musk the world's richest man, worth an estimated $449 billion as of ...

The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald Trump.

Oxfam report said billionaire wealth grew by $2 trillion last year, or roughly $5.7 billion a day, three-times faster than in 2023.

According to a new study by Oxfam, five individuals are projected to reach trillionaire status within the next decade, each amassing a

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,

Davos—where the world's richest and most powerful huddle together for public talks. Here's what happened at the forum on Tuesday.

The wealth of the world's 10 richest men grew US$100 million ($160 million) an hour on average last year, according to Oxfam's Takers Not Makers report, published on Monday.

The combined wealth of UK billionaires surged by a staggering £35 million per day in 2024, reaching a total of £182 billion, according to a new report by Oxfam. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

Tensions between technology leaders Elon Musk and OpenAI CEO Sam Altman were on full display this week after the Tesla CEO slammed the new artificial intelligence (AI) infrastructure project,