But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes from either inheritance, cronyism and corruption or

The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.

Billionaire 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

"By the time you’ve got your 4th plane I think we can all agree…" Video of Jeff Bezos' new mega-jet stirs envy and outrage: 'You've got too much cash' first appeared on The Cool Down.

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

The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next decade if current trends persist, according to Oxfam's annual inequality report released Sunday reported CNN Business.

As global elites arrive in Davos for the annual World Economic Forum, the global advocacy group Oxfam reported that billionaires' wealth increased three times faster in 2024 than the previous year, and it warned of an emerging aristocratic oligarchy with enormous political clout,

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.

The world will soon have five trillionaires as the wealth growth rate of its richest people rises faster than earlier estimates, according to a recent forecast.

According to a new study by Oxfam, five individuals are projected to reach trillionaire status within the next decade, each amassing a

The wealth of the world’s billionaires skyrocketed by a staggering 2$ trillion (£1.64 trillion) in 2024, a surge three times

It varies from country to country but the small numbers at the very top of the pile – Forbes identified 2,640 billionaires worldwide last year – often pay very little. French economist Gabriel Zucman estimates they pay as little as 0.3 per cent of their wealth in tax each year. How is this possible?