The wealth of the world’s billionaires grew at roughly $5.7 billion (€5.5 billion) per day last year, according to Oxfam’s annual report on the financial affairs of the richest people on earth.
On The Intercept Briefing podcast with Tech Policy Press’s Justin Hendrix: how a new inaugural era of class unity in tech and ...
The amount of money owned by the world's richest people has increased so quickly we are now on track to see the first five trillionaires within the next 10 years, a report by Oxfam has predicted.
Calling out Amazon founder Jeff Bezos’ domain of online purchases in many countries and Aliko Dangote’s hold on cement in Nigeria, Oxfam says that about 18% of billionaires’ wealth comes ...
Customs officials in St. Barts inspected Jeff Bezos' superyacht on New Year's Eve. The three-hour search was routine, according to Page Six. Bezos was apparently not present. Aboard the craft were ...
Amazon’s Jeff Bezos and Tesla’s Elon Musk have spent millions on rare artifacts, including historical space memorabilia. Billionaires often buy citizenship in multiple countries—so-called ...
Jeff Bezos has seen his wealth rise due to the huge investments ... In spite of this major wealth accumulation among the ultra-rich, Oxfam actually highlights that global poverty levels have remained ...
In 10 years' time, Oxfam predicts that the world will have five trillionaires. Forbes estimates that Elon Musk is worth US$433 billion, while Jeff Bezos, Larry Ellison, and Mark Zuckerberg have more ...
Read also: Billionaire wealth surges $2tn in 2024, as 133m Nigerians face hunger – Oxfam Others expected to surpass $1 trillion include Amazon founder Jeff Bezos, Meta CEO Mark Zuckerberg, Oracle ...
Oxfam made the claim as political and business leaders gathered ... LVMH owner Bernard Arnault, Amazon founder Jeff Bezos, Oracle founder Larry Ellison, and investor Warren Buffett — have seen their ...
Oxfam bases its calculations on data from Swiss bank Credit Suisse and Forbes. The eight individuals named in the report are Gates, Inditex founder Amancio Ortega, veteran investor Warren Buffett, ...