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Billionaires' wealth skyrocketed last year, anti-poverty group says ahead of Davos gathering
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.
Billionaire wealth surged in 2024, says Oxfam as world leaders meet for Davos
Billionaire wealth surged last year, with the world's richest individuals adding $2 trillion to their pockets in 2024, according to a new report released Monday.
Billionaires' wealth soared in 2024, anti-poverty group says as the elites prepare for another Davos
Billionaire’s wealth has grown faster last year, and now the world can expect at least five trillionaires within a decade, even as the number of people in poverty has barely budged since 1990
Billionaires’ wealth soared in 2024, at least five trillionaires expected in next decade, anti-poverty group says
The anti-poverty group Oxfam International's latest report on global inequality is calling for caps on CEO pay, better salaries for workers, and echoes former President Joe Biden's call for higher taxes on the wealthiest to get them to pay their fair share.
Billionaire wealth soars three times faster by USD 2 trillion in 2024: Oxfam
Billionaire wealth across the globe surged by USD 2 trillion in 2024 to USD 15 trillion at a rate three times faster than the previous year, a study showed on Monday here as the richest of the world b
Billionaire wealth growing at 'unimaginable' rate as poverty persists, Oxfam says
Oxfam's annual inequality report shows the rapid acceleration of wealth accumulation by the world's richest in 2024, as 44 percent of the world continues to live in poverty. FRANCE 24's Business Editor Charles Pellegrin speaks with Oxfam International's Executive Director Amitabh Behar at the opening of the World Economic Forum in Davos,
Billionaire Wealth Skyrockets By $2 Trillion In 2024, While Poverty Levels Remain Stagnant: Report
Billionaire wealth surged globally by $2 trillion in 2024, reaching a total of $15 trillion in 2024, growing at a pace three times faster than the previous year, a report revealed ahead of the World Economic Forum Annual Meeting.
4h
Allianz CEO says he expects less 'extortion' via fines under Trump govt
The CEO of German insurer Allianz said on Wednesday that U.S. President Donald Trump would be good for financial services and ...
8d
on MSN
World Economic Forum says Trump to take part virtually in Davos meeting, days after inauguration
The World Economic Forum’s president says U.S. President Donald Trump will take part virtually in the annual meeting in Davos ...
4d
As the World Warms, Davos Braces for Political Drama
A new U.S. president’s promise to expand fossil fuels that is at odds with global ambitions to combat climate change will be ...
1d
BI Davos Diary Day 2: Donald Trump and AI have dominated conversations at the World Economic Forum
Tuesday saw the World Economic Forum in Davos begin in earnest. Not even a star turn from David Beckham could stop AI ...
11h
on MSN
Davos 2025: Trade, tariffs, AI and UN chief Guterres dominate World Economic Forum agenda
A speech by the U.N. chief, economic growth potential in places like China and Russia, the challenges of artificial ...
1d
on MSN
What the first 24 hours of Trump's administration tell us about the world he hopes to craft
From tariffs and the Middle East to the climate crisis and world health, here's the global reaction to President Trump’s ...
3h
World Economic Forum
Latest stories about World Economic Forum on Business Insider ...
CNN
3d
Biden’s economic legacy: Historic wage gains, investment and job growth but marred by inflation
Biden
will hand off an economy that continues to grow at a healthy clip. Real Gross Domestic Product, the broadest measure of
economic
output, expanded at an annualized rate of 3.1% during the ...
4h
Allianz CEO says he expects less 'extortion' from fines under Trump govt
The CEO of German insurer Allianz said on Wednesday that he expected fewer regulatory fines under U.S. President Donald Trump ...
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