Billionaires' wealth grew three times faster in 2024 than the year before, top anti-poverty group Oxfam International reported in its latest assessment of global inequality as some of the world's ...

Billionaires' wealth grew three times faster in 2024 than the previous year, anti-poverty group Oxfam International reported in its latest assessment of global inequality as some of the world's ...

The new administration has empowered a handful of extremely rich people to exert disproportionate influence over the ...

Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990 ...

Switzerland. Oxfam International, in its latest assessment of global inequality timed to the opening of the World Economic Forum meeting, also predicts at least five trillionaires will crop up ...

global advocacy group Oxfam International says, as some of the world’s political and financial elite prepare to attend an annual gathering in Davos, Switzerland. In its latest assessment of ...

Oxfam International reported that billionaires' wealth increased three times faster in 2024, outpacing the previous year's growth. Ahead of the World Economic Forum in Davos, the group also forecasts ...

Even places like Switzerland have abolished inheritance tax, he says, because it's easy to avoid. "Taxation is [based] on income and not on accumulated wealth as it should be, so that's the wrong tool ...