The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.
LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday, marking a pair of surprise billionaire appearances at the event attended by a cadre of moguls worth well over $1 trillion.
Behar said the planet's five richest people — Tesla CEO Elon Musk, LVMH owner Bernard Arnault, Amazon founder Jeff Bezos, Oracle founder Larry Ellison, and investor Warren Buffett — have seen their fortunes increase by 114 percent since 2020, and the prospect of someone amassing $1,000 billion — a trillion — is now very real.
The wealth of the world’s billionaires skyrocketed by a staggering 2$ trillion (£1.64 trillion) in 2024, a surge three times
According to a new study by Oxfam, five individuals are projected to reach trillionaire status within the next decade, each amassing a
A fashion mogul has gained more wealth this year than Elon Musk, Mark Zuckerberg, or anyone else on the global rich list. Bernard Arnault, the founder and CEO of LVMH Moët Hennessy Louis Vuitton ...
The development organization Oxfam predicts that the world’s first trillionaires could emerge within the next decade. The report highlights that the wealth of the ten richest billionaires has grown by an average of $100 million per day over the past ten years.
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Luxury magnate Bernard Arnault has gotten almost $1 billion a day richer so far in 2025.Tefano Rellandini/Getty Images Bernard Arnault has gained more wealth in 2025 than anyone else, including ...
The world will soon have five trillionaires as the wealth growth rate of its richest people rises faster than earlier estimates, according to a recent forecast.
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.