But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes from either inheritance, cronyism and corruption or

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

The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.

2024 was a year of unparalleled humanitarian crises. At top of mind are the conflicts, protracted crises, and severe weather events that are becoming more and more frequent. As our president and CEO Abby Maxman reflected in our end of year webinar, “ [Oxfam] works with our head, hearts, and hands, and the heart hurts a lot right now.”

Oxfam's latest report shows billionaire wealth surged by $2 trillion in 2024, with new billionaires minted daily. Discover how wealth inequality is widening globally.

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 Trump.

As global elites arrive in Davos for the annual World Economic Forum, the global advocacy group Oxfam reported that billionaires' wealth increased three times faster in 2024 than the previous year,

In the world ranking of Forbes the billionaires richest in the world I am Elon Musk (with an estimated wealth of $421.2 billion), Bernard Arnault ($233 billion) e Jeff Bezos ($195 billion). In the top 10,

The world will soon have five trillionaires as the wealth growth rate of its richest people rises faster than earlier estimates, according to a recent forecast.

Elon Musk, Jeff Bezos, and three others are projected to become trillionaires over the next decade, further deepening global inequality as poverty levels remain stagnant.

Currently the richest man in the world, Elon Musk, with earnings of 430 billion dollars, could become a trillionaire in a few years.