Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writes
But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes ...
Will Women Do Wealth Differently? We’re About To Find Out
HARE is a new television series exploring what a 59-year old heiress of a mining fortune would do with her money. Not what ...
‘We're in the era of the billionaire,' human rights expert says. Here's why wealth accumulation is accelerating
In 2024, an average of nearly four new billionaires were coined every week, according to Oxfam. Much of their wealth will be ...
Women Stand To Inherit Trillions from Spouses During the Great Wealth Transfer
Key Takeaways Women stand to inherit roughly $40 trillion from their spouses during the Great Wealth Transfer, Cerulli ...
Billionaire wealth surges to ‘unimaginable' levels in 2024 as Oxfam predicts emergence of five trillionaires within a decade
Last year marked the second-largest annual increase in billionaire wealth since records started, according to Oxfam.
'Most billionaire wealth is taken, not earned': A new report reveals how 60% of world’s wealthiest are building their fortunes
Oxfam International's latest assessment reveals that extreme wealth among the world's richest is largely unearned, driven by ...
Wealthy leaders share financial advice they gave their kids: Invest early, learn from failure — and think carefully about inheritance
Wealthy leaders share the financial advice they gave their kids, including invest early, budget —and think carefully about ...
CBS News8d
Billionaires' wealth skyrocketed last year, anti-poverty group says ahead of Davos gathering
By contrast, at least four new billionaires were "minted" every week in 2024, and three-fifths of billionaire wealth comes from inheritance, monopoly power or "crony connections," it said.
Arabian Business17h
DIFC report pinpoints coming $1tn generational wealth transfer
Families in the Middle East will pass down around $1trn (AED 3.67trn) in wealth to heirs in coming years, according to a ...
How to shield your pension from Labour’s inheritance tax raid
In last October’s Budget, Chancellor of the Exchequer Rachel Reeves announced measures intended to close some inheritance tax ...
Oxfam: Wealth of billionaires is growing ever faster
The wealth of the world's super-rich is growing ever faster, a study published on Monday by the development organization ...