Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writes
But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes ...
Legit on MSN2d
Oxfam Warns Of 'Aristocratic Oligarchy' As Elites Descend On Davos Forum
The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald ...
Press Trust of India on MSN1d
Billionaire wealth soars three times faster by $2 trillion in 2024: Oxfam report
The year 2024 saw 204 new billionaires getting minted -- an average of nearly four every week. Asia itself got 41 new ...
Oxfam America1d
President Trump to be a leader “of and for billionaires,” — Oxfam
Ahead of today’s inauguration of President Donald Trump, Oxfam America President and CEO Abby Maxman released the followin ...
Oxfam says world ruled by “aristocratic oligarchy,” as billionaire wealth surges by $2 trillion
The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that ...
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 ...
New 'oligarchy' under fire as elites descend on Davos
A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from ...
Oxfam America11d
7 ways you helped Oxfam fight for a more just and equal future in 2024
2024 was a year of unparalleled humanitarian crises. At top of mind are the conflicts, protracted crises, and severe weather ...
Anti-poverty group says billionaires' wealth soared in 2024 as the elites prepare for another Davos
DAVOS, Switzerland (AP) — Billionaires' wealth grew three times faster in 2024 than the year before, a top anti-poverty group ...
Morning Star2d
Wealth of British billionaires increased by £35m per day last year, Oxfam study finds
BRITISH billionaires’ wealth surged by £35 million a day last year, new research reveals, as the rest of the nation worries about energy bills. According to a report by Oxfam released today, the ...