this post was submitted on 01 Jan 2026
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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.

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[–] switcheroo@lemmy.world 18 points 1 day ago

They didn't add jack shit, they stole from the workers.

[–] WanderWisley@lemmy.world 7 points 1 day ago
[–] fonix232@fedia.io 101 points 2 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.

[–] Mulligrubs@lemmy.world 5 points 1 day ago

Government is our only defense against robber barons. If any government allows itself to be controlled by billionaires, there's NO REASON for the government. It's just a super expensive middleman.

[–] AlternatePersonMan@lemmy.world 36 points 2 days ago

If I mathed right, that's roughly $8,800 per U.S. citizen. That is truly fucked up.

Parasites masquerading as geniuses.

[–] kent_eh@lemmy.ca 11 points 1 day ago (2 children)

And how much did they contribute back to the countries that allowed them to amass that ridiculous amount of wealth?

Haha, you're funny

[–] CharlesDarwin@lemmy.world 2 points 1 day ago

Their "contributions" are about breaking the countries that gave them everything they have, and fucking over nearly everyone in those countries.

[–] phoenixz@lemmy.ca 9 points 1 day ago

So when are we finally going to stop this, stop the billionaires?

We need laws that put hard caps on ownership and personal wealth. Nobody should be able to have a net worth of over, say, 10 million dollars. Any income over that should be taxed 100% until the person goes below the 10 million line

We done even need different economic systems, capitalism works well to generate wealth, that is fine, we just need to put rules on where that wealth goes.

With taxes, that is a simple fix.

Imagine if you will, if nobody can be worth over 10M, and companies het similarly capped at, say, 1 billion.

You have a company worth 1 billion? You can't have a single owner because of the 10M cap. You'll end up with many ay more smaller companies or bigger companies with loads of small share holders. Companies can compete and grow but the perverse incentives of endless growth would be gone. Companies can finally focus on the end consumers again, and make better products

Meanwhile governments get a huge tax influx, that can be used to fund independent investment foundations that help new startups with funding and professional help to get your new company started

That tax money could be used as well to fund free healthcare, free education, maybe even universal income. We could eradicate the poor.

People could stop focusing on survival and start focusing on living and loving.

I dunno, there are loads of details missing, of course, but this sounds like something doable.

[–] AnchoriteMagus@lemmy.world 51 points 2 days ago (1 children)

Hoarding currency is a mental illness.

[–] BoJackHorseman@piefed.social 13 points 2 days ago (1 children)
[–] Splanda@sh.itjust.works 4 points 2 days ago* (last edited 2 days ago)

"Plastic surgery can fix that right up. Don't worry, it's on the house"

[–] crystalmerchant@lemmy.world 3 points 1 day ago

What's fucked up is there is a Bloomberg Billionaires Index. What the fuck is this hero worship slobbering

[–] Formfiller@lemmy.world 7 points 1 day ago* (last edited 1 day ago)

Well it’s sure starting to look like guillotine thirty

[–] tehsillz@lemmy.world 3 points 1 day ago (1 children)

People still give them money

[–] girthero@lemmy.world 1 points 1 day ago

I don't understand why shareholders keep feeding these pieces of shit.

[–] wickedrando@lemmy.ml 4 points 1 day ago

It’s incredible they all work so hard while also shit posting 24/7 and dressing like trash.

[–] paperazzi@lemmy.world 2 points 1 day ago

That's nothing. In 2026 they'll at least double that, guaranteed.

What's the number after trillion? Might as well find out soon because there is no stopping the greed juggernaut.

[–] _Nico198X_@europe.pub 2 points 1 day ago

ah good, a list

[–] gandalf_der_12te@discuss.tchncs.de 1 points 1 day ago (1 children)

there's multiple ways to deal with that. i just want to name a few:

  • in the past, many countries in europe did it like that that companies are still privately owned, but the companies have to fulfill government-dictated regulation, such as restricting environmental pollution, making sure working conditions for humans are safe, making sure human workers have enough holidays and time off, and such
  • a possible alternative that's often discussed is repossessing the companies entirely, such that the companies become the possession of either the state or the people. i want to comment that there is essentially a mechanism to do this, which is taxation. taxation today is already a mechanism to move wealth from a person or organization to the state. it just has to actually be used properly.
  • i'm too lazy to list more options rn
[–] skisnow@lemmy.ca 2 points 1 day ago* (last edited 1 day ago) (1 children)

Singapore has low taxes and high public spending, due to the government owning significant shares in all the major companies there. Public services are funded from the dividends. There's the added bonus that the government have people on the Board of Directors to prevent any anti-consumer or anti-competitive corporate shenanigans before they start, rather than having to challenge it in court later on.

The US or UK occasionally buy shares in companies to bail them out, but always flake out a few years later and sell them for a quick pre-election cash injection.

[–] gandalf_der_12te@discuss.tchncs.de 2 points 1 day ago* (last edited 1 day ago)

yeah i'm actually a big fan of state-run companies, such as schools and medical facilities and transport companies (they are companies too, think about it. just not for-profit companies, but public-benefit companies). i'm even thinking it maybe could be extended a little further to make maybe 30% of the apartments in a city city-owned.

[–] tym@lemmy.world 3 points 1 day ago* (last edited 1 day ago) (2 children)

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 8 points 1 day ago (1 children)

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.

[–] Formfiller@lemmy.world 7 points 1 day ago* (last edited 1 day ago)

Nazi’s and facists are far left?lol this is propaganda and misinformation. You really believe that being “represented” by people who are literally owned by Israel and the oligarchs is better than democracy? Look around that’s easy to debunk. Believing this nonsense would be a good example of falling into the tankie mindset.

[–] Janx@piefed.social 2 points 1 day ago

Gee, wonder where it came from.