Billionaire wealth surged in 2024, says Oxfam

Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.
Behar said the planet's five richest people — Tesla CEO Elon Musk, LVMH owner Bernard Arnault, Amazon founder Jeff Bezos, Oracle founder Larry Ellison, and investor Warren Buffett — have seen their ...
Move over billionaires. The first trillionaires are on their way.
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...
A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from ...