Billionaires Current Affairs, GK & News

Oxfam Report: Profiting from Pain

According to a report titled ‘Profiting from Pain’ by Oxfam International, during the Covid-19 pandemic a new billionaire emerged every 30 hours, while a million people might slip into extreme poverty every 33 hours during this same time period. The report was released at the World Economic Forum, Davos, and the organization further highlighted that ..

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Davos: Millionaires group calls for Wealth Tax

A group of hundred billionaires have submitted a plea to the World Economic Forum. The title of the plea is “Make us Pay more tax” What did the millionaires do? A group of millionaires and billionaires have issued a plea. The group calls themselves as “Patriotic Millionaires”. They are of the view that the ultra ..

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Ritesh Agarwal named as the world’s second youngest billionaire

As per the recently released Hurun Global Rich List 2020, Ritesh Agarwal- the founder of Oyo Hotels, has been named as the world’s second youngest billionaire. His wealth was estimated at $1.1 billion, at the age of 24. In the global list, Kylie Jenner, the cosmetics star was only ahead of the Indian entrepreneur at ..

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Hurun Global Rich List 2020 released

As per the recently released ‘Hurun Global Rich List 2020’, China is home to the highest number of billionaires of the world. The report placed Amazon founder and CEO Jeff Bezos in the top rank, who possesses wealth amounting to $140 bn. Microsoft Founder Bill Gates is in the third spot, while Mukesh Ambani was ..

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Oxfam Annual Wealth Check report 2019: Key Facts

The Annual Wealth Check report 2019  of Oxfam has been released. The release of the report marked the start of the World Economic Forum in Davos. The important features of the report are: 26 richest billionaires own as many assets as the 3.8 billion people who make up the poorest half of the world. The ..

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India ranked 6th in list of wealthiest countries

According to a report by New World Wealth, India has been ranked 6th in the list of wealthiest countries with total wealth of $8,230 billion US dollars. As per report, India was the best performing wealth market globally in 2017 as its total wealth swelled from 6,584 billion dollars in 2016 to 8,230 billion dollars ..

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