Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990.

Davos, Switzerland — Billionaires' wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday as some of the world's political and financial elite ...

Trump's inauguration coincides with day one of Davos, a yearly meeting of the world's business and politics elite. Which will the powerful opt to skip?

How do we bring equality to the world? That's a question being debated in the rarefied air of Davos, Switzerland, as billionaires and less wealthy movers and shakers gather at the World Economic Forum ...

The new administration has empowered a handful of extremely rich people to exert disproportionate influence over the ...

Davos saw new excitement this year. The annual jamboree of world corporate and political leaders, who meet in the scenic ...

Has the merry-go-round of the global elite summit – epitomised by the World Economic Forum (WEF) at Davos, which concluded ...

DAVOS, SWITZERLAND — Billionaire investor Ray Dalio thinks the bloated US debt position could end up devaluing the dollar ( ...

Trump set himself above the bank and energy executives on the panel, who groveled, flattered and praised him. But like every dictator, he speaks not only for himself but for a social class.

The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have ...

He said private equity firms and family offices have reached out to provide financing options. Read more at straitstimes.com.