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 ...
financial-world13d
These five billionaires could hit $1 trillion in wealth by 2035
Currently the richest man in the world, Elon Musk, with earnings of 430 billion dollars, could become a trillionaire in a few ...
businessday9d
Five trillionaires expected within a decade, says Oxfam
The world is set to witness the emergence of five trillionaires within the next decade, according to Oxfam's latest ...
Reuters7d
LVMH touts good start to 2025 but Q4 results underwhelm
PARIS, Jan 28 (Reuters) - LVMH (LVMH.PA), opens new tab has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter ...