Davos, Switzerland — The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed ...

The world's five richest men more than doubled their fortunes from $405 billion to $869 billion since 2020, while almost 5 billion people around the world became poorer.

In the report, titled “Survival of the Richest” and delivered ahead of the World Economic Forum meeting in Davos, Switzerland, ... Oxfam reported that for the first time in 25 years, ...

The ultra-rich like Elon Musk, Warren Buffett, and Jeff Bezos have doubled their fortunes since 2020, Oxfam said, while 60% of the world got poorer.

World Economic Forum begins in Davos 04:19. Food companies making big profits as inflation has surged should face windfall taxes to help cut global inequality, anti-poverty group Oxfam said Monday ...

Oxfam’s report, titled Inequality Inc., paints a bleak picture of a dynamic between the world’s elite and impoverished that has only grown worse since the pandemic started in 2020.

The World Could Soon Have Its First Trillionaire as Inequality Worsens, Oxfam Reports. 2 minute read. Getty Images. By Koh Ewe. January 15, 2024 4:45 AM EST.