The Trillionaire Era: Five Billionaires Poised to Break the $1 Trillion Mark in the Next Decade
Oxfam’s latest inequality report, unveiled on the eve of the World Economic Forum in Davos, projects that five billionaires, led by Elon Musk, are set to surpass $1 trillion in wealth within a decade.
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Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writes
Oxfam estimates that 6% of the ultra-wealthy ... It wasn’t just Silicon Valley CEOs who showed their support. LVMH’s chief Bernard Arnault and his family were in attendance as well as India ...
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 ...
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Bernard Arnault slides down to world's fifth-richest person after LVMH disappointment
Bernard Arnault lost a spot in the billionaire rankings after LVMH Moet Hennessy posted results that weren't as strong as some luxury-goods rivals. Forbes' calculations on billionaires updated on ...