Tuesday, January 21, 2025

Donald Trump: man of the people. Not unless you're a white, male billionaire!


Photo creditsWikipedia
HeadlineNew York Times, 1/19/2025

Billionaire boys' club
President Biden warned in his farewell address to the nation last week that an oligarchy is taking shape in America. In Washington, the oligarchs are already here, buying big houses. 
Counting President-elect Donald J. Trump himself, there are at least a dozen billionaires among his cabinet picks and those headed for senior roles in the new administration. Elon Musk tops the list with a $429 billion net worth, according to Forbes, making him the world’s richest man. Mr. Trump weighs in with an estimated $6.8 billion. 
It is an extraordinary concentration of wealth in a city where power has always been more important than money, but is now more than ever intertwined with it.

Related post:
Meet the American oligarchs, starring Elon Musk.  (5/1/2022)
 

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