The world’s top megabillionaires — a list dominated by Big Tech and Wall Street barons — enjoy a gamut of luxuries that are unfathomable for most of us. Jeff Bezos owns a half-billion-dollar superyacht. Mark Zuckerberg’s portfolio of lush properties that stretches from Palo Alto to Miami Beach is worth nearly as much. Elon Musk’s wealth roughly equals the gross domestic product of Ireland or…
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Elon Musk has shared that he got “carried away” during his time heading the supposed “Department of Government Efficiency,” or DOGE, in the early months of the second Donald Trump term — with the billionaire seeming to express only mild regret for the sweeping, illegal government cuts that are slated to kill millions of people across the world over the coming years. “I think I got a little…
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The networks of two major players who helped capture the U.S. Supreme Court — anti-abortion lawyer Leonard Leo and oil billionaire Charles Koch — have also long targeted state courts to advance their regressive agenda. One of their tactics, influencing the way that state justices are selected nationwide, is being borne out in Kansas. On August 4, voters in Kansas will decide the fate of a…
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International media conglomerate Axel Springer, which owns multiple major news outlets, announced on Friday that it is awarding its 2026 Axel Springer Award to far right billionaire Peter Thiel, recognizing the Palantir co-founder for his “societal impact” and entrepreneurial feats as his company seeks to build out a mass surveillance network across the U.S. The Axel Springer Award…
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Billionaires with ties to Jeffrey Epstein have spent nearly $1.6 billion on influencing U.S. elections since the Supreme Court’s Citizens United decision unleashed a deluge of such spending on the electoral system, a new report finds, demonstrating the vast power over politics held by the so-called Epstein class. Americans for Tax Fairness Action Fund reveals in a new report Thursday that 40…
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Campaigners behind the one-time 5% billionaires wealth tax in California are calling out what they describe as trickery and deception by Democratic Gov. Gavin Newsom, who on Friday released a proposal for a national billionaire’s income tax even as he actively opposes the effort to tax the wealth of billionaires in the state that he and his party currently control. “Newsom does not want to…
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