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.

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.

Currently the richest man in the world, Elon Musk, with earnings of 430 billion dollars, could become a trillionaire in a few years.

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

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.

“Above all, we need this ceasefire not only to hold for the forty-two days, but to become a permanent ceasefire,” said Abby Maxman, president and CEO of Oxfam America, speaking on behalf of a ...

PARIS, Jan 27 (Reuters) - Stella McCartney is repurchasing the minority stake held by LVMH in the house she founded about five years after the luxury group bought it, LVMH and Stella McCartney ...

PARIS, Jan 27 (Reuters) - Investment bank Morgan Stanley has raised its rating on French luxury goods giant LVMH (LVMH.PA), opens new tab to 'overweight' from 'equal weight'. "While LVMH should ...

The family of the owner of French luxury giant LVMH, has been in talks since late last year with rugby team Stade Francais to share its Jean-Bouin stadium in western Paris to replace Paris FC's ...

But, as part of LVMH Watch Week 2025, Zenith has revealed two watches that call on far more contemporary inspirations and trends. The first is the Chronomaster Sport Rainbow, a watch that builds on recent hits across the industry - including within Zenith ...