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,

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 ...

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 ...

The New Zealand Government has just announced its climate target for 2035 under the Paris Agreement. New Zealand is obliged to set a Nationally Determined Contribution (NDC) that shows ‘maximum possible ambition’ to reduce climate-harming emissions. The NDC must also show progress from the 2030 target.

This projection marks a significant shift from a previous Oxfam report that indicated only one person would reach this milestone within a decade.

Elon Musk, Mark Zuckerberg and Jensen Huang are among those expected to hit trillionaire status, with Oxfam suggesting that there will be five within the next 10 years. Within the next ten years five people will hold the title of trillionaire—with a 13-figure fortune to their name—according to a new study from Oxfam.

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

After my husband left me, I found solace in a virtual companion—and realized AI's true potential might be in emotional labor.

Oxfam's updated report comes as billionaire wealth grew significantly ... His wealth has grown 35% over the last year, largely due to investments in AI and space exploration. Mark Zuckerberg: Meta's CEO has refocused on AI after shifting away from the ...

Former U.S. President Donald Trump has re-designated Yemen's Houthi movement as a 'foreign terrorist organization', resulting in harsher economic penalties. The move aims to address the group's attacks in the Red Sea,