Last year marked the second-largest annual increase in billionaire wealth since records started, according to Oxfam.

Ahead of today’s inauguration of President Donald Trump, Oxfam America President and CEO Abby Maxman released the followin

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

Donald Trump was sworn in Monday as the 47th president of the United States with some of the richest people on the planet standing close behind him on the inaugural platform—a symbol of what observers described as the nation's slide toward oligarchy.

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 surged last year, with the world's richest individuals adding $2 trillion to their pockets in 2024, according to a new report released Monday.

Oxfam report said billionaire wealth grew by $2 trillion last year, or roughly $5.7 billion a day, three-times faster than in 2023.

A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from Donald Trump's presidency, as global elites descend on Davos for their annual confab.

The S&P 500 largely erased its post-election gains the past few weeks. As Trump’s inauguration nears, investors seem ready to play the market again.

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,

Australian billionaires earn $67,000 an hour, according to a new report from Oxfam, which is 1300 times more than what everyday workers make.

Zionist Organization of America's Morton A. Klein said Trump is "the greatest president ever for Israel" - and for its billionaire supporters