But Oxfam, which tries to spotlight the growing disparities between the super-rich and the bulk of the global population, says the gap has been "supercharged" since the COVID pandemic.

Among the findings, Oxfam highlighted how the personal fortunes of the world’s five richest people — Tesla CEO Elon Musk, Bernard Arnault and his family of luxury company LVMH, Amazon founder ...

Some 148 of the world’s largest corporations made nearly $1.8 trillion in profits in the 12 months leading up to June 2023, Oxfam said. That’s 52.5% higher than their average was between 2018 ...

Oxfam estimates that 6% of the ultra-wealthy riches are from “crony sources,” while countries with lax ... LVMH’s chief Bernard Arnault and his family were in attendance as well as India ...

Other than luxury goods titan and LVMH CEO Bernard Arnault, the group saw their wealth rise over the past 12 months, which Omar Ocampo, researcher at the Institute for Policy Studies, previously ...

In an annual assessment of global inequalities published earlier this week, Oxfam International said the first trillionaire could emerge within the next decade — as the anti-poverty organization ...

LVMH faces pressure from weak China demand and tariffs, but valuation and H2 2025 recovery potential look compelling. See why LVMHF stock is a strong buy.

Elon Musk, Jeff Bezos, Mark Zuckerberg Among Those In Race To Become First Trillionaires, Oxfam Warns Of Growing Wealth Inequality ...