Billionaires - Febspot

Billionaires

A collection of 3 posts

Billionaires' wealth hits $18.3tn as Oxfam warns of growing political influence — I.guim.co.uk

Billionaires' wealth hits $18.3tn as Oxfam warns of growing political influence

Oxfam's annual survey found the number of billionaires topped 3,000 for the first time during 2025, with their combined wealth reaching $18.3tn. The charity said that since 2020 their collective wealth grew by 81% (about $8.2tn) and that sum would be enough to eradicate global

AI Boom Produces a New Class of Paper Billionaires — Static01.nyt.com

AI Boom Produces a New Class of Paper Billionaires

The recent artificial intelligence boom has not only made established tech billionaires richer but has also created a wave of new, largely paper, billionaires from smaller start-ups. Founders who have reached nine-figure and billionaire paper valuations include Alexandr Wang and Lucy Guo of Scale AI (after a $14.3 billion

Proposed California Wealth Tax Has Billionaires Weighing Moves Out of State — Static01.nyt.com

Proposed California Wealth Tax Has Billionaires Weighing Moves Out of State

Billionaires including Peter Thiel and Larry Page are considering cutting or reducing ties to California because of a proposed ballot measure that would tax residents worth more than $1 billion, people familiar with their thinking said. The proposal from the health care union S.E.I.U.-U.H.W.