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Nov. 22, 202307:55
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NEW YORK (AP) — The world might see its first trillionaire sooner than you think. And that puts a spotlight on today’s richest 1%.
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 pointed to the growing wealth gap that skyrocketed globally during the COVID-19 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 Jeff Bezos, Oracle founder Larry Ellison and investment guru Warren Buffett — have more than doubled since 2020. Read More...
Explore More The driver of the truck involved in the collision that killed founding Dixie Chicks member Laura Lynch could face criminal charges, according to reports.
Officials are looking into whether the motorist, who has not been publicly identified, was under the influence, Texas Department of Public Safety PIO Sgt. Eliot Torres told TMZ.
The driver was taken to a hospital with non-life threatening injuries following the Dec. 22 crash and while there, had blood drawn to tests for drugs and alcohol, according to TMZ. Read More...