#billionaires

#billionaires

The AI boom has created a record-breaking wave of new billionaires and high company valuations in the past year at a rate unprecedented in history.

If we want progress-real, sustainable, transformative progress-we need more billionaires. Not the ones who sit atop dynasties of inherited wealth. Not the extractors.

Parents have been making these judgy comments to each other forever--in the '90s it was about too much tv. And it's especially gross coming from a billionaire with a gaggle of nannies. Keeping kids engaged in activities and/or responding to 'I'm bored' 24/7 sounds exhausting when you don't have hired help to do it for you, and there's nothing wrong with a reasonable amount of screen time.

Billionaires as a group now account for 1.7% of total wealth worldwide, but in certain countries, this figure can exceed 4.0%, showing significant wealth concentration.

"My neighbors, my friends, my family, the people who are most deserving are going to be basically reverse Robin Hooded by these billionaires, and we can't be lining their pockets while we're cutting a trillion from Medicaid, SNAP, food assistance and other vital services," said Ashmu Murakami, Sunrise Movement.

The average billionaire worldwide is 67.3 years old, but many countries see their billionaires aging into their seventies, eighties, or even nineties.

"If you can rent Venice for your wedding, you can pay more tax." – Greenpeace protest banner targeting Jeff Bezos highlights the disparity in taxation for billionaires.

Phay, who was apparently living in San Francisco a decade ago, is now in custody for breaking into Ty Warner's mansion and severely injuring a woman.

Three years before Elon Musk performed a Nazi salute on stage, he claimed to buy Twitter to restore free speech, yet his actions suggest different motivations.

"Aspirations to wealth can be positive, but aspiring billionaires risk losing their integrity if they don't choose their role models wisely amidst troubling headlines."

Maybe that's why the President is calling. What could he possibly have to say? The film cleverly captures the bewilderment of billionaires facing global crises.