The latest inequality report from the charity reveals that the world is now on track to have five trillionaires within a decade, a change from last year’s forecast of one trillionaire within 10 years.

The report, entitled Takers Not Makers, comes as many of the world’s political leaders, corporate executives and the super-rich travel to the Swiss ski resort of Davos for the annual World Economic Forum meeting from Monday.

Oxfam’s examination of billionaire assets also coincides with Donald Trump’s inauguration as US president. Trump is expected to include several billionaires in his team of close advisers, including the Tesla and SpaceX chief executive, Elon Musk, and to offer large-scale tax breaks to the wealthiest US citizens.