Billionaire wealth on the rise, says Oxfam, warning of 'aristocratic oligarchy'
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, and it warned of an emerging “aristocratic oligarchy” with enormous political clout,
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Elon Musk, Mark Zuckerberg and Jensen Huang are among those expected to hit trillionaire status, with Oxfam suggesting that ...
The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald ...
Oxfam report said billionaire wealth grew by $2 trillion last year, or roughly $5.7 billion a day, three-times faster than in ...
According to a new study by Oxfam, five individuals are projected to reach trillionaire status within the next decade, each ...
Australian billionaires earn $67,000 an hour, according to a new report from Oxfam, which is 1300 times more than what everyday workers make.
There is increasing disparity in the world today as an "aristocratic oligarchy" is amassing wealth at unforeseen levels, a ...
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, ...
Elon Musk’s controversial gesture, which some interpreted as a Nazi-style salute, drew criticism from Trump’s political ...
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