In response to President Trump appearing at this year's World Economic Forum remotely via video conference, Nabil Ahmed, Oxfam America’s Director of Economic and Racial Justice, said: “President Trump ...

Elon Musk, the world's richest man, speaks at a rally for Donald Trump at Madison Square Garden in New York City on Oct. 27, 2024. On Monday, Oxfam International Executive Director Amitabh Behar said ...

Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, Oxfam said Monday in its annual inequality report. The combined ...

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 to the ...

Billionaires including Amazon's Jeff Bezos and Tesla founder Elon Musk have seen their wealth soar during the COVID-19 pandemic while the world's poor face years of hardship, charity Oxfam said on ...

THE London-based humanitarian organisation called for urgent measures to tackle the "crisis of inequality" in the report released for the annual World Economic Forum meeting in Davos, in Switzerland.

Oxfam explains what oligarchy means for the U.S. and the world. For years, Oxfam—along with advocates and activists around the world—have argued that the extreme concentration of wealth leads to the ...

The COVID-19 pandemic has been good for the wallets of the wealthy. Some 573 people have joined the billionaire ranks since 2020, bringing the worldwide total to 2,668, according to an analysis ...

Jan. 20 (UPI) --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 to coincide with world ...