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Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writes
Oxfam estimates that 6% of the ultra-wealthy ... It wasn’t just Silicon Valley CEOs who showed their support. LVMH’s chief Bernard Arnault and his family were in attendance as well as India ...
How 2024 Saw Boom For Billionaires
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...
The Trillionaire Era: Five Billionaires Poised to Break the $1 Trillion Mark in the Next Decade
Oxfam’s latest inequality report, unveiled on the eve of the World Economic Forum in Davos, projects that five billionaires, led by Elon Musk, are set to surpass $1 trillion in wealth within a decade.
New York Post20d
French luxury giant LVMH denies responsibility for rusty, deteriorating Olympic medals
French luxury conglomerate LVMH is denying reports that it is responsible for deteriorating and rusting Olympic medals that were handed out to athletes during the Summer Games in Paris last year.