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.

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.

"New Zealand’s climate target for 2035 fails to show our commitment to stand with the Pacific and stop climate harm" said Oxfam Aotearoa Climate Justice Lead, Nick Henry. The New Zealand Government has just announced its climate target for 2035 under the Paris Agreement.

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.

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,

In 2024, an average of nearly four new billionaires were coined every week, according to Oxfam. Much of their wealth will be passed down to heirs.

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

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

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 ...

DeepSeek’s free, open-source AI model is upending financial predictions and causing major turmoil in the stock market.

Unit4, a leader in enterprise cloud applications for people-centric organizations, today released findings from an IDC InfoBrief, sponsored by Unit4, entitled "The Path to AI Everywhere: Exploring the Human Challenges,