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

Last year marked the second largest annual increase in billionaire wealth since records started, according to Oxfam. The global charity now predict at least five trillionaires within a decade.

Costco shareholders rejected a proposal urging the wholesale club operator to evaluate any risks posed by its diversity, equity and inclusion practices. According to preliminary 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.

“Above all, we need this ceasefire not only to hold for the forty-two days, but to become a permanent ceasefire,” said Abby Maxman, president and CEO of Oxfam America, speaking on behalf of a ...

The highest outstanding student debt in the UK has topped more than £250,000, figures obtained by Money show. One student now owes £252,554 - a record high, labelled "truly alarming" by the ...

If Ryan Gregory turns up on your doorstep, chances are you're about to inherit some money. For more than two decades, Ryan has been working as an heir hunter, tracking down distant relatives from ...