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

The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to ...

In total, billionaire wealth skyrocketed by $2 trillion, adding more than 200 individuals to this cohort. The accumulation of ...

There is increasing disparity in the world today as an "aristocratic oligarchy" is amassing wealth at unforeseen levels, a ...

“That’s an unimaginable amount,” Rebecca Riddell, senior policy lead at Oxfam America, said of $1 trillion. “This extreme inequality is nothing to celebrate.” The ranks of the ...

Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful ...

Oxfam examines what this means for the U.S. and the world ... it’s only fitting to use the term for the direction that America is headed. What does oligarchy look like in the U.S.? For starters, let’s ...

The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that ...

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