Davos, Switzerland — Billionaires ' wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday as some of the world's political and financial elite ...

Oxfam predicted that at least five trillionaires will crop up over the next decade. A year ago, the group forecast that only one trillionaire would appear in that period.

Oxfam believes the rates on the top 1% should be high enough to significantly reduce their numbers and wealth. The funds should then be redistributed. “We do face an extreme crisis of wealth ...

Davos, Switzerland — The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed ...

Pro-Palestinian protesters have planned to walk the streets of Basel “silently” to demonstrate against Israel’s participation in the Eurovision Song Contest. Local group Basel for Palestine ...

These findings by Oxfam, from a report titled An economy for the 99%, was released Sunday as the globe's leaders and the business elite traveled to Davos, Switzerland, for this week's annual ...

At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade. ... Switzerland, Sunday, Jan. 19, 2025.

Oxfam International reported that billionaires' wealth increased three times faster in 2024 than in 2023, outpacing the previous year's growth. ... Switzerland, on January 13, ...

The Oxfam report, which draws on data compiled by Forbes, is timed to coincide with the kickoff of the annual World Economic Forum meeting in Davos, Switzerland, an elite gathering of some of the ...

Oxfam says billionaires’ wealth soared in 2024, with 4 ‘minted’ every week. The group’s report comes as some of the world’s political and financial elite prepare for an annual gathering ...

Meanwhile, Celine Dion delivered a pre-recorded address during Tuesday’s semi-final amid speculation she may return to Switzerland Stay up to date with notifications from The Independent ...