Group’s report comes as the world’s political and financial elite prepare for an annual gathering in Davos, Switzerland.

But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes ...

In 2024, an average of nearly four new billionaires were coined every week, according to Oxfam. Much of their wealth will be ...

TomasSereda/istockphotoWhat the world needs is more billionaires — said no one ever. And yet, here we are. Oxfam reports that ...

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

Like Biden's call for making billionaires "begin to pay their fair share" through the U.S. tax code, Oxfam - a global advocacy group - called on governments to tax the richest to reduce inequality ...

Billionaire wealth in Ireland increased by €35.6 million per day, Oxfam Ireland said upon the January 20 publication of Oxfam ...

The collective wealth of the world's billionaires rose by $2 trillion in 2024 to $15 trillion, according to a report published Monday by anti-poverty charity Oxfam International. The rapid ...

The next three decades will see over 1,000 of today’s billionaires transfer more than $5.2 trillion to their heirs. Oxfam calculates that 36 percent of billionaire wealth is derived from inheritance.

The Oxfam report is based on data from sources including estimates of the wealth of billionaires made by the US business magazine Forbes and data from the World Bank. According to the report ...

Oxfam, an independent non-governmental organisation, has revaleed that the wealth of four Nigerian billionaires can cover the ...