Latest in Billionaires Wealth Skyrocketing
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Lawmakers side-eye billionaire CEOs getting prime Trump inauguration seats
Billionaire tech CEOs Jeff Bezos of Amazon, Mark Zuckerberg of Meta, Sundar Pichai of Google, Tim Cook of Apple, and Elon Musk got prime seats at President Trump’s inauguration in the Capitol ...The Hill - 45m -
Tech Billionaires Get Prominent Places at Trump Inauguration
Tech CEOs pay homage to the new president at church service and swearing-in ceremony.Inc. - 2h -
Trump Will Take Office as a Crypto Billionaire
The Trump family’s new crypto tokens, which went on sale over the weekend, have soared in value — along with crypto markets in general.The New York Times - 4h -
Bannon says tech billionaires have 'surrendered' to Trump
Former Trump chief strategist Steve Bannon said tech billionaires attendance at Trump's inauguration is a sign of their "official surrender" to Trump.ABC News - 5h -
The Assist That Made Magic Johnson a Billionaire
He might even be a better entrepreneur than he was a basketball player, if that’s possible.Inc. - 7h -
Anti-poverty group says billionaires' wealth soared in 2024 as the elites prepare for another Davos
Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990ABC News - 18h -
Wealth of US ‘oil-garchs’ went up 15% in nine months as industry figures plan Trump inauguration party
Oil and gas firms have given more than $75m to Trump’s campaign and stand to benefit from his ‘drill, baby drill’ plan. As Joe Biden warns in his farewell address as president that “an oligarchy is ...The Guardian - 2d -
Tech billionaires attend inauguration church service
Top tech billionaires including some who were critics of Trump during his first term flock to his inaugural celebrations.BBC News - 3h -
Billionaires' wealth skyrocketing, anti-poverty group says ahead of Davos
Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some of the world's political and financial elite.CBS News - 10h -
Wealth of world’s billionaires grew by $2tn in 2024, report finds
Rate of wealth growth last year was three times faster than 2023, Oxfam inequality research reveals. The wealth of the world’s billionaires grew by $2tn (£1.64tn) in 2024, three times faster than ...The Guardian - 12h -
World could soon see its first trillionaires, Oxfam says, as billionaire wealth surges
Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, Oxfam said in its annual inequality report.NBC News - 13h -
Billionaires and their cash head to Washington for Trump’s inauguration
CEOs are lining up for a swearing-in ceremony that is expected to smash fundraising recordsFinancial Times - 2d -
The Guardian view on Biden’s warning of oligarchy: Trump and the malefactors of wealth | Editorial
The outgoing president was right, in his farewell address, to warn of the dangers posed by the billionaires around the table. . Aristocrats are “the most difficult Animals to manage, of anything in ...The Guardian - 4d -
At Davos, Trump will face a less friendly brand of billionaire – but their dominance is waning | Larry Elliott
These high priests of globalisation are facing the fact that Trump’s tariffs are part of a global shift to protectionism. Hollywood would struggle to come up with a better plot. On Monday, as ...The Guardian - 4d -
Women held keys to land and wealth in Celtic Britain
DNA analysis suggests Iron Age societies in Britain were built around women rather than men.BBC News - 5d -
Billionaire Bill Ackman wants to build a ‘modern-day Berkshire Hathaway’
Ackman has unveiled his vision to form a new business out of Howard Hughes Holdings “that would acquire controlling interests in operating companies.”MarketWatch - 6d -
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Billionaire Issa brothers’ EG Group readies $13bn US IPO
Private equity-backed petrol station business expected to list as early as this yearFinancial Times - Jan. 12 -
Jamie Dimon on the economy, billionaires, and income inequality
The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...CBS News - Jan. 12 -
Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts
Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and bets against China’s currency.The New York Times - Jan. 11 -
To resist the climate crisis, we must resist the billionaire class | Peter Kalmus
To solve the climate crisis, power must flow away from the billionaire class. When I feel uncertain, I find it’s helpful to write down things I know to be true. Fossil fuels are causing ...The Guardian - Jan. 10 -
Billionaire Frank McCourt's Project Liberty bids for TikTok ahead of Supreme Court arguments
The internet advocacy group's proposed purchase would bring TikTok under American ownership and prevent it from being banned in the U.S.CNBC - Jan. 9 -
This Billionaire’s ‘Don’t Die’ Strategy Boils Down to 5 Basics
Bryan Johnson, the founder of Braintree and subject of a new Netflix doc, is on a quest for remarkable longevity.Inc. - Jan. 9 -
The Billionaire Mining Magnate Who Bet Coal Had a Future---and Won Big
The U.K. closed its last coal-powered plant, but 76-year-old Low Tuck Kwong ignored naysayers and built a fortune from the world’s dirtiest fossil fuel.The Wall Street Journal - Jan. 7 -
Meta Follows Elon Musk’s Lead, Moves Staffers to Billionaire-Friendly Texas
According to Mark Zuckerberg, Meta trust and safety workers will be relocated to Texas to prevent them from “censoring” users. Experts point to other advantages.Wired - Jan. 7 -
Emirati billionaire investing $20B in US to build data centers
President-elect Trump announced Tuesday that Emirati billionaire Hussain Sajwani plans to invest $20 billion in the United States “over a very short period of time” to build data centers across the ...The Hill - Jan. 7 -
Business leaders court Trump as UAE billionaire promises to spend $20 billion on U.S. data centers
President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in ...MarketWatch - Jan. 7 -
Will flattery get you everywhere with Donald Trump? Billionaires are determined to find out | Arwa Mahdawi
The US has been for sale to the highest bidder for some time, while democracy dies in plain sight. The difference now? How shamelessly transactional the incoming president is. Reader, I was wrong. ...The Guardian - Jan. 7 -
Fubo’s stock skyrockets as Disney Hulu + Live TV deal creates YouTube TV rival
Shares of FuboTV Inc. skyrocketed Monday after the company announced a deal to combine Walt Disney Co.’s Hulu + Live TV service with Fubo.MarketWatch - Jan. 7 -
Maga vs the billionaires
Trump’s fragile coalition is already splintering over immigrationFinancial Times - Jan. 6 -
Washington Post cartoonist quits after drawing of Bezos, other billionaires with Trump is rejected
A Washington Post cartoonist has quit her role at the paper, saying that her bosses blocked publication of a satirical cartoon that depicted billionaires, including one resembling Post owner Jeff ...NBC News - Jan. 5 -
Washington Post cartoonist quits after drawing of Bezos, other billionaires with Trump rejected
A rough sketch of the cartoon shows several men resembling corporate billionaires kneeling before a man wearing a suit and a long tie, representing Trump.CNBC - Jan. 5 -
This money bias is 'the biggest barrier to building wealth,' says financial psychologist
Putting off some key financial moves because they seem too complex? You could be costing yourself over the long run.CNBC - Jan. 5 -
Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - Jan. 5 -
How Jensen Huang and 3 Nvidia Board Members Became Billionaires
Longtime Nvidia board member Tench Coxe is among the company’s newly minted billionaires.Inc. - Jan. 2