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.