Move over billionaires. The first trillionaires are on their way.

German Chancellor Olaf Scholz and billionaire Elon Musk have publicly feuded in recent weeks as Musk voices support for Scholz’s opposition, the far-right Alternative for Germany party.

Political Strategist Julio Rivera joins FOX 5's LiveZone to discuss President Donald Trump addresses world leaders at the World Economic Forum in Davos on Thursday, the crack down on immigration policies,

The 55 th Annual Meeting of the World Economic Forum opened this week with a powerful message and all-encompassing themes. Klaus Schwab, World Economic Forum Founder and Chairman of the Board of Trustees, global leaders, leaving no doubt about his message: the undeniable need for, in Schwab’s words, Collaboration for the Intelligent Age.

At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

U.S. President Trump is to speak to an international audience for the first time after returning into the White House with a speech and Q&A by video conference to the World Economic Forum’s annual event in Davos on Thursday.

The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.

Leading business and political figures attending the World Economic Forum meeting in Davos, Switzerland, have discussed and debated topics such as technology, tariffs, climate change, Ukraine, Gaza and the global economy this week.

Roche descendant André Hoffmann talks pharma, feuds and ESG as he takes a stand against ‘arrogance’ of Trump and Musk

Gopalakrishnan, who currently serves as the IISc Council chairman, clarified that his association with the institute began years after the alleged incident.

“Elon Musk is falsely smeared,” the Israeli prime minister wrote on X, adding that the tech mogul “is a great friend of Israel”. According to the Times of Israel, Netanyahu avoided addressing the issue of Musk’s salutes. But the newspaper did add that Musk posted his Holocaust jokes just one hour after Bibi’s comments appeared online.

President Donald Trump has begun his second administration with a series of controversial moves and decisions.