standardmedia.co.ke

Oxfam report: Growing inequality could see world's first trillionaire

A person walks inside the venue, on the first day of the annual World Economic Forum meeting in Davos, Switzerland, Jan 15, 2024. [Reuters] As hundreds of world leaders and chief executives headed to ...
NBC 10 Philadelphia

Billionaire wealth surges to ‘unimaginable' levels in 2024 as Oxfam predicts emergence of five trillionaires within a decade

Billionaire wealth surged in 2024, as the world's richest people increasingly benefited from inheritance and powerful connections, according to Oxfam's latest annual inequality report. The combined ...
Financial Standard

Removing CGT breaks could boost budget by $22.7bn: Report

New research suggests 24,000 millionaires pocket half of capital gains tax breaks, according to Oxfam Australia.
Oxfam America

Africa’s richest four hold more wealth than half the continent — Oxfam

In 2000, Africa had no billionaires. Today it has 23 whose, combined wealth has soared by 56% in just the past five years, reaching a staggering $112.6 billion. Africa’s richest 5% hold nearly $4 ...
Oxfam America

House budget bill would inflict ‘immeasurable harm’ on communities across the US, paving the way for the ‘world’s first trillionaires’ – Oxfam

In response to the House of Representatives voting to pass its budget reconciliation bill, Oxfam America President and CEO Abby Maxman said: “Today, Republicans in the House voted to punish everyday ...
seattlepi.com

South Africa commissions an inequality report for G20 summit

CAPE TOWN, South Africa (AP) — South Africa said Thursday it has commissioned a report on global wealth inequality in time to present at the Group of 20 summit it hosts in November. South Africa, ...