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

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.

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.

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.

Austin Carter reports that technology-related roles, including AI and machine learning specialists, are the fastest-growing jobs worldwide, according to the 2025 Future of Jobs Report by the World Economic Forum.

The gathering, led by India Global Forum (IGF) founder Manoj Ladwa, included entrepreneurs engaging with Musk. The delegates also toured the Starbase facility, where they saw the successful launch and booster catch of SpaceXs Starship Flight 7.

The wealth of the world’s billionaires including Nigeria’s Aliko Dangote, Tesla and SpaceX chief executive ... of Davos for the annual World Economic Forum (WEF) meeting on Monday.

The United States on Friday grounded SpaceX's Starship and ordered Elon Musk's company to investigate why the spaceship spectacularly disintegrated in a fiery cascade over the Caribbean during its latest test mission.