The world could get its first trillionaire within 10 years, anti-poverty group Oxfam says


The world could have its first trillionaire within a decade, Oxfam International said on Jan 15, 2024 in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski resort of Davos. Musk is currently the richest man on the planet, with a personal fortune of just under US$250bil, according to Oxfam. — AP

DAVOS, Switzerland: The world could have its first trillionaire within a decade, anti-poverty organisation Oxfam International said Jan 15 in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski resort of Davos.

Oxfam, which for years has been trying to highlight the growing disparities between the super-rich and the bulk of the global population during the World Economic Forum's annual meeting, reckons the gap has been “supercharged” since the coronavirus pandemic.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Paris court rejects French government request to suspend Shein's website for 3 months
YouTube largely back up after being down for thousands of users, Downdetector shows
Temu-owner PDD Holdings appoints co-CEO Zhao as co-chairman of board
Google Cloud lands deal with Palo Alto Networks 'approaching $10 billion,' per source
Russian defense firms targeted by hackers using AI, other tactics
People watched 700 million hours of YouTube podcasts on TV in October
Riot has a secret plan to remake its ‘League Of Legends’ game
Tesla drivers are buying escape tools and�cars�to avoid getting trapped inside
CelcomDigi upgrades One plan with 500Mbps home fibre Internet, starting at RM240 a month
LG will let TV owners delete Microsoft Copilot after customer outcry

Others Also Read