The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.

Currently the richest man in the world, Elon Musk, with earnings of 430 billion dollars, could become a trillionaire in a few years.

But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes from either inheritance, cronyism and corruption or

The world is set to witness the emergence of five trillionaires within the next decade, according to Oxfam's latest inequality

The report stressed that much of today's billionaire wealth is unearned, often linked to monopolies, cronyism, or inheritance

The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next decade if current trends persist, according to Oxfam's annual inequality report released Sunday reported CNN Business.

Behar said the planet's five richest people — Tesla CEO Elon Musk, LVMH owner Bernard Arnault, Amazon founder Jeff Bezos, Oracle founder Larry Ellison, and investor Warren Buffett — have seen their fortunes increase by 114 percent since 2020, and the prospect of someone amassing $1,000 billion — a trillion — is now very real.

Elon Musk, Jeff Bezos, and three others are projected to become trillionaires over the next decade, further deepening global inequality as poverty levels remain stagnant.

The wealth of the world’s billionaires including Nigeria’s Aliko Dangote, Tesla and SpaceX chief executive, Elon Musk and others grew by $2trillion (£1.64trillion) in 2024, three times faster than in 2023, amounting to $5.7billion a day, according to a report by Oxfam .

(CNN) — Move over billionaires. The first trillionaires are on their way.

According to a new study by Oxfam, five individuals are projected to reach trillionaire status within the next decade, each amassing a

PARIS, Jan 28 (Reuters) - LVMH (LVMH.PA), opens new tab has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter ...