Billionaire wealth surged last year, with the world's richest individuals adding $2 trillion to their pockets in 2024, according to a new report released Monday.

In response to President Trump appearing at this year's World Economic Forum remotely via video conference, Nabil Ahmed, Oxfam America’s Director of Economic and Racial Justice, said: “President Trump’s decision to dial into Davos—which now looks ...

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

As the global political economy faces a critical test, global leaders should urgently prioritise strengthening democratic governance and social safeguards in trade rather than undermining them. ITUC General Secretary Luc Triangle took this key message to the 2025 World Economic Forum (WEF) Annual Meeting.

Oxfam International's Executive Director Amitabh Behar described the World Economic Forum's Annual Meeting as filled with 'nervous energy'. The event lacked focus on marginalized communities facing inequality.

There is increasing disparity in the world today as an "aristocratic oligarchy" is amassing wealth at unforeseen levels, a report published by development organization Oxfam said. Published ahead of the World Economic Forum (WEF) in Davos,

Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.

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

Within a decade, the world could witness the emergence of its first trillionaire, Oxfam International warns in its latest inequality report. Released during the World Economic Forum in Davos, the report underscores a stark reality: the wealth of the top five billionaires has more than doubled since the pandemic,

As global elites arrive in Davos for the annual World Economic Forum, the global advocacy group Oxfam reported that billionaires' wealth increased three times faster in 2024 than the previous year,

Follow The Hindu’s updates of Day 1 of the World Economic Forum 2025, in Davos, Switzerland, on January 20, 2025

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