Tesla CEO Elon Musk asked social media users whether they trust politicians over billionaires in a viral Twitter poll, drawing more than 1 million votes in a matter of hours, most voicing doubt in their elected representatives. The tech entrepreneur – himself a billionaire who frequently trades places with Amazon …
Read More »US billionaires own trillions in largely untaxed wealth – report
The 735 billionaires who call the US home have watched their wealth surge 62% over the last two years, reaching the shocking figure of $4.7 trillion, according to a report by Oxfam America released on Monday. While the billionaires’ wealth gains show no sign of slowing down, ordinary workers’ earnings …
Read More »Former fishing village in China has more billionaires than New York
China now hosts three cities with the greatest number of billionaires in the world, data from Global Rich List, an annual ranking prepared by the Shanghai-based research firm Hurun Report, shows. The greatest number of billionaires – 144 – live in Beijing, followed by Shanghai with 121. New York used …
Read More »Hollywood actor urges billionaires to buy fighter jets for Ukraine
American actor Sean Penn has called on a wealthy philanthropist to come forward with $500 million to procure at least two squadrons of fighter planes as well as missile defense systems for Ukraine, following President Volodymyr Zelensky’s repeated pleas to the US for just such a gift. “One billionaire could …
Read More »How Bill Gates bankrolls the media outlet that claims it’s not backed by billionaires
If you want to know what the ‘woke’ set are thinking – on issues from climate change to trans rights – The Guardian’s the newspaper to read. While its print sales have been in decline, falling over the past decade from 248,775 a day to 105,134 in July this year, …
Read More »Billionaires and celebs are right to fear climate change
It’ll be obvious when humanity has truly lost the climate change game. You know how? All those preachy COP26 multi-billionaires and the sermonising celebs who travel in their slipstream will start to sell off their beachfront houses. Why? Well, the first places that are gonna be washed away in this …
Read More »George Soros, one of the world’s most hated billionaires, is so wrong about China
Soros is probably the world’s most-hated billionaire, for a litany of reasons. Not all of them are legitimate or appropriate, yet it is an entrenched negative sentiment shared between both left and right. A hero to none, Soros is either a contemptuous political bogeyman, linked to many radical movements around …
Read More »The ‘space billionaires’ are leaving Earth’s orbit in the same mess they’ve left the planet. So how about they clean it up?
Not only is the junk – metal objects that flake off satellites, spaceships and other orbital debris – literally ‘out of sight, out of mind’, but few are even willing to conceptualize the clean-up of such a mess, subconsciously understanding that not only did they play no part in creating …
Read More »Billionaires Gates & Soros reportedly step in to cover fraction of foreign aid cut by UK, but some question their intentions
A group of international charities this week pledged to invest £93.5 million ($130m) into causes that will be missing money from the UK this year. The temporary funding will go to poor countries including Bangladesh, Ethiopia, Kenya, Malawi, Mozambique, Nepal, Nigeria, Sudan, South Sudan, Tanzania, Uganda and Zambia. It will …
Read More »‘Can’t wait to join the club’: Space billionaires Jeff Bezos, Elon Musk congratulate Richard Branson on his flight
“Congratulations on the flight,” Bezos wrote on Instagram to Branson and his crew following their successful flight to space and return to Earth on Sunday. Bezos added that he “can’t wait to join the club.” Branson made his way to suborbital space on the Virgin Galactic Unity 22 spaceplane from …
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