The world could get its first trillionaire within 10 years, anti-poverty group Oxfam says

January 15, 2024

Currently, Musk is the richest man on the planet, with a personal fortune of just under $250 billion, according to Oxfam, which used figures from Forbes. With Brazil hosting this year’s Group of 20 summit of leading industrial and developing nations, Lawson said it was a “good time for Oxfam to raise awareness” about inequalities. Brazilian President Luiz Inacio Lula da Silva has put issues that concern the developing world at the heart of the G20 agenda. To calculate the top five richest billionaires, Oxfam used figures from Forbes as of November 2023. For the bottom 60% of the global population, Oxfam used figures from the UBS Global Wealth Report 2023 and from the Credit Suisse Global Wealth Databook 2019.