Oxfam said the fortunes of the five richest men — Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison, and Warren Buffett — have spiked by 114% in real terms since 2020.

DAVOS, Switzerland (AP) — The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski resort of Davos.