Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writes
But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes ...
‘We're in the era of the billionaire,' human rights expert says. Here's why wealth accumulation is accelerating
In 2024, an average of nearly four new billionaires were coined every week, according to Oxfam. Much of their wealth will be ...
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Is the U.S. witnessing the rise of oligarchy?
Now even President Biden in his farewell speech has warned us of the rise of an oligarchy in the U.S. The ultra-richest ...
Get ready for the world’s first trillionaires
Move over billionaires. The first trillionaires are on their way.
Oxfam: Billionaires growing richer faster than ever
There is increasing disparity in the world today as an "aristocratic oligarchy" is amassing wealth at unforeseen levels, a ...
How 2024 Saw Boom For Billionaires
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...