Billionaires’ wealth globally grew three times faster in 2024 than the year before, global advocacy group Oxfam International says, as some of the world’s political and financial elite prepare ...

Billionaires’ fortunes are growing at an unimaginable pace. In 2024, billionaire wealth surged at triple the rate of 2023, and new Oxfam data shows we can expect at least 5 trillionaires within a ...

Eight of the world's richest men own approximately the same amount of wealth as the poorest half of the population, a new report from Oxfam claims. Four of these eight billionaires are from the ...

The richest 1% are already responsible for nearly 30% of all unpaid taxes—amounting to $205 billion annually. That’s $562 million in unpaid taxes per day, or $6,500 every second. Ahead of Tax Day, ...

A new report by Britain’s Oxfam International found that Canadian billionaires saw their wealth grow by a staggering 51 per cent since the pandemic began. Fares Alghoul is a former general ...

If the IRS cuts 50,000 employees, the agency’s diminished capacity would result in a loss of $395 billion over 10 years.

The world's richest 2,153 people controlled more money than the poorest 4.6 billion combined in 2019, the charity Oxfam said on Monday. It said poor women and girls were at the bottom of the scale ...

The fifth generation of Cargills and MacMillans added four more billionaires to the family which now has 12 billionaires. Oxfam’s research says that just 5.9% of the value of an average basket ...