As Elon Musk and his billionaire brethren take power in Trump’s second term, the lack of legal guardrails — and the fading power of Big Media — is becoming an existential crisis.
Several of the tech moguls also joined a small prayer service this morning at St. John’s Episcopal Church. Later, they blended in with the Trump clan directly behind the incoming president as he officially assumed power just after noon,
Wealthy people have always had a louder voice, but Trump’s new allies represent the starkest consolidation of wealth in US politics in recent memory
President Joe Biden warned of an oligarchy that has wide influence over the country as part of his farewell speech Wednesday night. Bernie Sanders and Kevin O'Leary have very different opinions in whether the wealthiest people in America should be celebrated.
The three wealthiest Americans, Elon Musk, Jeff Bezos and Mark Zuckerberg, sat together Monday at the second inauguration of President Donald Trump.
At President Trump's inauguration, three of the wealthiest people sat front-row. Days prior, former President Biden warned of an oligarchy forming.
"Today, an oligarchy is taking shape in America of extreme wealth ... as well as with Amazon's Jeff Bezos and Meta's Mark Zuckerberg. Trump has invited all three of the powerful CEOs to his Monday swearing-in ceremony, now moved to be inside the Capitol ...
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.
Last Wednesday, during former President Joe Biden's farewell address, he warned that the U.S. could become an "oligarchy." Here's what it means
The super-rich have long played a role in U.S. politics but have an unusually prominent spot in incoming President Donald Trump's new administration.
As the 2024 presidential race entered its final stretch, the nation’s richest tech leaders gravitated toward Trump’s side.
Multiple countries, including New Zealand and Australia, are trying to use tax and competition rules to stem the growing power of big tech.