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.

A latest inequality report revealed a major prediction that within the coming decade approximately five renowned personalities on this planet can eventually become trillionaires.

Billionaire wealth skyrocketed by USD 2 trillion in 2024, highlighting increasing inequality. Oxfam's report underscores the growing gap, with Asia contributing USD 299 billion. The wealth gap is fueled by inheritance,

According to the anti-poverty group Oxfam International, billionaire wealth surged by $2tn (€1.93bn) in 2024, equivalent to roughly $5.7bn (€5.5bn) a day, three times faster than the year ...

Five people are expected to amass at least $1 trillion in wealth within the next decade, if current trends continue, according to Oxfam’s annual inequality report, released Sunday. Tesla and ...

Unit4, a leader in enterprise cloud applications for people-centric organizations, today released findings from an IDC InfoBrief, sponsored by Unit4, entitled "The Path to AI Everywhere: Exploring the Human Challenges,

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Climate breakdown and inequality are deeply interwoven, with each crisis exacerbates the other; according to a new report.

Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990

In 2024, an average of nearly four new billionaires were coined every week, according to Oxfam. Much of their wealth will be passed down to heirs.

For the Galaxy S25 Ultra, Samsung has tweaked its design, added a new 50-MP ultra-wide sensor and focused even more on the phone's AI capabilities. For the second year in a row, the story of ...