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
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.
The world is set to witness the emergence of five trillionaires within the next decade, according to Oxfam's latest inequality
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.
Currently the richest man in the world, Elon Musk, with earnings of 430 billion dollars, could become a trillionaire in a few years.
French luxury conglomerate LVMH is denying reports that it is responsible for deteriorating and rusting Olympic medals that were handed out to athletes during the Summer Games in Paris last year.
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 report stressed that much of today's billionaire wealth is unearned, often linked to monopolies, cronyism, or inheritance
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.
According to a new study by Oxfam, five individuals are projected to reach trillionaire status within the next decade, each amassing a
Elon Musk, Jeff Bezos, and three others are projected to become trillionaires over the next decade, further deepening global inequality as poverty levels remain stagnant.
Oxfam made the claim as political and business leaders gathered ... [Photo/Agencies] Behar said the planet's five richest people — Tesla CEO Elon Musk, LVMH owner Bernard Arnault, Amazon founder Jeff Bezos, Oracle founder Larry Ellison, and investor ...