In 2024, an average of nearly four new billionaires were coined every week, according to Oxfam. Much of their wealth will be ...
The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to address global inequality.
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.
Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some ...