Oxfam’s latest inequality report, unveiled on the eve of the World Economic Forum in Davos, projects that five billionaires, led by Elon Musk, are set to surpass $1 trillion in wealth within a decade.
Larry Ellison, the Oracle ORCL co-founder and one of the richest people on the planet, watched $22.6 billion disappear in a single day on January 27—and he didn't even have to lift a finger.
The world is set to witness the emergence of five trillionaires within the next decade, according to Oxfam's latest ...
US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison -- is making a surprise ...
The report stressed that much of today's billionaire wealth is unearned, often linked to monopolies, cronyism, or inheritance ...
Behar said the planet's five richest people — Tesla CEO Elon Musk, LVMH owner Bernard Arnault, Amazon founder Jeff Bezos, ...
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.
Oracle (NYSE: ORCL) co-founder Larry Ellison’s September 2024 comments about AI-powered mass surveillance have resurfaced ...
Not everyone suffered. While Ellison and Huang lost billions, Mark Zuckerberg walked away $4.3 billion richer, and Jeff Bezos pocketed an extra $632 million. The market doesn't play favorites—it ...