This is not shocking given New World Wealth – grandly described as a “wealth intelligence” outfit – appear to have a headcount of one, and has never made its underlying data public. What’s the harm is ...

The Philippines' GNI rose to $4,470 in 2024 but remains short of upper-middle income status as inequality and political ...

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 ...

The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to address global inequality.

Davos, Switzerland: A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from Donald Trump's presidency, as global elites descend ...

President-elect Donald Trump, who visited Davos twice during his first term and was set to take the oath of office on Monday, is expected to take part in the forum's event by video on Thursday.

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 of the world's political and financial elite.

Oxfam International reported that billionaires' wealth increased three times faster in 2024 than in 2023, outpacing the previous year's growth. Ahead of the World Economic Forum in Davos, 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 ...