The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.

Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.

The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.

Oxfam's latest report shows billionaire wealth surged by $2 trillion in 2024, with new billionaires minted daily. Discover how wealth inequality is widening globally.

In the United States "we are in a situation where you can buy a country, with the risk of weakening democracy", said the head of Oxfam France, Cecile Duflot. The world's three richest men will be at his inauguration: Musk, Amazon founder Jeff Bezos and ...

The world is set to witness the emergence of five trillionaires within the next decade, according to Oxfam's latest inequality

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,

Former Commerce Secretary Wilbur Ross said Elon Musk’s Department of Government Efficiency — the cost-slashing body known as DOGE — should train its sights on the World Bank after it was accused of losing track of $24 billion in climate funding.

Government yet to deliver on promise to turbocharge economic growth The economy is now 0.1% smaller than it was before Labour came into power. It's been almost six months but the new government is ...

According to results shared by Costco executives at its annual meeting Thursday, more than 98% of shares voted against the proposal.

"In Bezos’ case, the authorities likely initiated the search as part of their standard protocol." Jeff Bezos' $500M megayacht raided during Caribbean New Year celebration: 'Officials often conduct thorough checks' first appeared on The Cool Down.

Why would Oxfam, a once-respected charity, publish a careless and ill thought-out piece of propaganda such as its latest pamphlet, Takers not Makers: The Unjust Poverty and Unearned Wealth of Colonialism?