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
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.
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.
And the timing couldn’t be better, as Donald Trump is set to be inaugurated on Monday. Jeff Bezos, the owner of the Post, will even be in attendance, cheering on his billionaire buddy as America enters a new phase of oligarchy accelerated beyond measure.
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.
"Today, an oligarchy is taking shape in America of extreme wealth ... co-chair of his outside-government commission to recommend spending cuts, as well as with Amazon's Jeff Bezos and Meta's Mark Zuckerberg. Trump has invited all three of the powerful ...
Ivanka Trump and Jared Kushner exchanged greetings with Jeff Bezos, Lauren Sanchez and Elon Musk at the candlelight dinner for Donald Trump at the National Building Museum Sunday night.
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
Mr Trump is more transactional than presidents before him, which increases the risk of cronyism and self-dealing. But America’s economy, including its technology industry, is too unwieldy and dynamic to petrify into an actual oligarchy, whatever diplomats and departing presidents say. ■
As the 2024 presidential race entered its final stretch, the nation’s richest tech leaders gravitated toward Trump’s side.
Tech billionaires such as Tesla's Elon Musk of Tesla, Mark Zuckerberg of Meta, Jeff Bezos of Amazon ... he warned that the U.S. could become an "oligarchy." "Today, an oligarchy is taking shape ...