"In Bezos’ case, the authorities likely initiated the search as part of their standard protocol." Jeff Bezos' $500M megayacht raided during Caribbean New Year celebration: 'Officials often conduct thorough checks' first appeared on The Cool Down.

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 in Ireland increased by €35.6 million per day, Oxfam Ireland said upon the January 20 publication of Oxfam's "Takers Not Makers" report. There were two new billionaires in Ireland last year, Oxfam Ireland said on Monday, adding that Irish billionaire wealth could carpet the whole of Phoenix Park in €50 notes almost 1.5x over.

"By the time you’ve got your 4th plane I think we can all agree…" Video of Jeff Bezos' new mega-jet stirs envy and outrage: 'You've got too much cash' first appeared on The Cool Down.

Billionaire wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990

The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.

The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next decade if current trends persist, according to Oxfam's annual inequality report released Sunday reported CNN Business.

The world is set to witness the emergence of five trillionaires within the next decade, according to Oxfam's latest inequality

Oxfam's latest report shows billionaire wealth surged by $2 trillion in 2024, with new billionaires minted daily. Discover how wealth inequality is widening globally.

Elon Musk, Mark Zuckerberg and Jensen Huang are among those expected to hit trillionaire status, with Oxfam suggesting that there will be five within the next 10 years. Within the next ten years five people will hold the title of trillionaire—with a 13-figure fortune to their name—according to a new study from Oxfam.

Now even President Biden in his farewell speech has warned us of the rise of an oligarchy in the U.S. The ultra-richest segments in the U.S. control a greater portion of wealth than they did during the Gilded Age. Just the top five billionaires today together own more than a trillion dollars in wealth.

The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald Trump.