Just eight billionaires accounted for a quarter of the gains, led by Elon Musk, Jeff Bezos, Larry Ellison and Larry Page

Just eight billionaires accounted for a quarter of the gains, led by Elon Musk, Jeff Bezos, Larry Ellison and Larry Page

The richest 500 individuals in the world added a record $2.2tn to their wealth in 2025, according to the Bloomberg Billionaires Index, with just eight billionaires accounting for a quarter of the gains.

The gains increased their collective net worth to $11.9tn, bolstered by billionaire Donald Trump’s 2024 election victory and booming markets in cryptocurrencies, equities and metals.

Around a quarter of the gains were attributed to eight billionaires, including Elon Musk, Jeff Bezos, Oracle chair Larry Ellison and Alphabet Inc co-founder Larry Page, though 2024 saw more concentrated net worth gains with the same eight billionaires making up 43% of total net worth gains for the wealthiest 500 individuals in the world.

  • fonix232@fedia.io
    1·
    18 days ago

    “Added” my ass. They STOLE $2.2tn from the working people. They literally took it out from the mouths of starving families, struggling single mothers and fathers, while providing little to no value for all their greed.

  • tym@lemmy.world
    0·
    18 days ago

    everyone started dreaming while their sourdough starter fermented - then luigi happened and the gloves came off.

    I’m personally exhausted by all the talk with no general strike action - individualism killed the democracy star (USA is actually a republic but nobody’s ready to have that conversation)

    Aaron Russo was ahead of his time (and got got as a result IMO): https://odysee.com/AmericanFormOfGovernment:6

    • Bakkoda@lemmy.world
      0·
      18 days ago

      Every “conservative” I’ve ever talked to is ready to explain the federal reserve, democracy vs republic and some other generally useless information considering the potus is a felonious rapist.

      • tym@lemmy.world
        01·
        18 days ago

        What an individualistic reply. You’re exactly the type of person who needs to watch that video. It’s not very long and does a great job at explaining why democracy (majority rules) is dangerous. Probably best not to assign everyone you meet to one of the two oligarch parties, too.