World leaders have gathered for the World Economic Forum annual meeting in Davos, Switzerland. One of their main goals is to align their responses to geopolitical shocks such as floods and wildfires that hamper trade,

Critics argue this surge in ultra-wealth worsens inequality, fueling calls for stronger taxes and regulation.

The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.

A new study from Oxfam projects that five individuals are on track to become trillionaires within the next ten years, amassing fortunes with 13 figures to their names. This projection marks a significant shift from a previous Oxfam report that indicated only one person would reach this milestone within a decade.

At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

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,

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.

U.S. President Donald Trump has re-designated Yemen's Houthi movement as a 'foreign terrorist organization', imposing stricter economic penalties. This move responds to recent Houthi attacks on commercial shipping in the Red Sea.

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

Ahead of the World Economic Forum in Davos, Oxfam International has reported a stark increase in billionaires' wealth, which surged three times faster in 2024 than the previous year. Notably, Oxfam projects five trillionaires will emerge over the next decade,