Claims tagged with "Wealth"

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Going back to the start of the twenty-first century, American billionaire wealth increased ninefold. 1.000

👤 The author 📋 News Article 🏷️ Wealth , Finance

Simplified: American billionaire wealth increased ninefold since the start of the twenty-first century

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1 month ago
After Trump’s 2017 tax cut, the combined wealth of America’s billionaires doubled to $6 trillion, according to a July 2024 report by Americans for Tax Fairness. 1.000

👤 The author 📋 News Article 🏷️ Wealth , Finance

Simplified: After Trump's 2017 tax cut America's billionaires combined wealth doubled to $6 trillion according to Americans for Tax Fairness July 2024 report

0 sources

1 month ago
But there were enough multi-millionaires like Commerce Secretary Wilbur Ross to boost the Cabinet’s combined wealth to $6.2 billion—a record at that time, but nowhere near the $445 billion net worth p... 1.000

👤 The author 📋 News Article 🏷️ Politics , Government , Wealth

Simplified: Trump's first-term Cabinet combined wealth was $6.2 billion

0 sources

1 month ago
When you exclude Musk (whose Department of Government Efficiency isn’t really a department, and who announced in late May that he was done with Washington), Trump’s Cabinet is worth $14 billion, still... 1.000

👤 The author 📋 News Article 🏷️ Politics , Government , Wealth

Simplified: Excluding Musk Trump's Cabinet is worth $14 billion

0 sources

1 month ago
Even Trump’s first-term Cabinet had only one confirmed billionaire, Education Secretary Betsy DeVos. 1.000

👤 The author 📋 News Article 🏷️ Politics , Government , Wealth

Simplified: Trump's first-term Cabinet had one confirmed billionaire Betsy DeVos

0 sources

1 month ago
The combined wealth of Biden’s Cabinet was $118 million, so obviously his administration was no haven for billionaires. 1.000

👤 The author 📋 News Article 🏷️ Politics , Government , Wealth

Simplified: Biden's Cabinet combined wealth was $118 million

0 sources

1 month ago
The combined wealth of President Barack Obama’s Cabinet spiked to $2.8 billion during his second term, thanks to the presence of its sole billionaire, Commerce Secretary Penny Pritzker. 1.000

👤 The author 📋 News Article 🏷️ Politics , Government , Wealth

Simplified: President Barack Obama's Cabinet combined wealth spiked to $2.8 billion during his second term due to Penny Pritzker

0 sources

1 month ago
Add in two billionaire ambassadors, Arkansas banker Warren Stephens (U.K.) and Texas restaurant and casino tycoon Tilman Fertitta (Italy), and the combined wealth of the Trump Nine approaches $460 bil... 1.000

👤 The author 📋 News Article 🏷️ Politics , Government , Wealth

Simplified: Warren Stephens and Tilman Fertitta are billionaire ambassadors and the combined wealth of the Trump Nine approaches $460 billion

0 sources

1 month ago
Trump talks about buying Greenland from Denmark, but if the billionaires in Trump’s administration pooled their resources, they’d have enough to buy Denmark itself (GDP $450 billion). 1.000

👤 The author 📋 News Article 🏷️ Politics , Government , Wealth

Simplified: Billionaires in Trump's administration could buy Denmark itself with GDP $450 billion

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1 month ago
Treasury Secretary Scott Bessent is often described in news accounts as a billionaire, but his declared net worth is only about half a billion, and Bessent’s name does not appear on billionaire lists... 1.000

👤 The author 📋 News Article 🏷️ Wealth

Simplified: Treasury Secretary Scott Bessent's net worth is about half a billion and his name does not appear on billionaire lists by Forbes and Bloomberg

0 sources

1 month ago
Elon Musk, who is the richest person in the world (net worth as of May 28: $431 billion) 1.000

👤 The author 📋 News Article 🏷️ Wealth

Simplified: Elon Musk is the richest person in the world with $431 billion net worth as of May 28

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1 month ago
For his second term, Trump brought eight fellow billionaires into his administration, including “special government employee” Elon Musk, who is the richest person in the world (net worth as of May 28:... 1.000

👤 The author 📋 News Article 🏷️ Politics , Government , Wealth

Simplified: Trump brought eight billionaires into his second term administration including Elon Musk Howard Lutnick Linda McMahon Stephen Feinberg Steve Witkoff a...

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1 month ago
He entered the White House in 2017 with a net worth of $3.7 billion, according to Forbes, and in 2025 with a net worth of $5.2 billion. 1.000

👤 The author 📋 News Article 🏷️ Politics , Wealth

Simplified: Donald Trump entered White House in 2017 with $3.7 billion net worth according to Forbes and in 2025 with $5.2 billion net worth

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1 month ago
His primary residence outside the White House is in Palm Beach, home to 68 billionaires, including the financiers Stephen Schwarzman and Ken Griffin, who—just those two—spent a combined $144.2 million... 1.000

👤 The author 📋 News Article 🏷️ Politics , Wealth

Simplified: Donald Trump's primary residence outside White House is in Palm Beach home to 68 billionaires including Stephen Schwarzman and Ken Griffin who spent $...

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1 month ago
Donald Trump is America’s first billionaire president. 1.000

👤 The author 📋 News Article 🏷️ Politics , Wealth

Simplified: Donald Trump is America’s first billionaire president

0 sources

1 month ago
we call on world governments to tax multi-millionaires and billionaires. 0.900

👤 The author 📋 Blog Post 🏷️ Taxation , Wealth , Economics , Politics

Simplified: World governments should tax multi-millionaires and billionaires

1 sources

1 month ago
Oxfam is demanding wide-ranging increases in taxation of the super-rich, and we call on world governments to tax multi-millionaires and billionaires. 0.900

👤 Oxfam 📋 Blog Post 🏷️ Taxation , Wealth , Economics , Politics

Simplified: Oxfam demands increases in taxation of super-rich

1 sources

1 month ago
125 of the world’s richest billionaires invest so much money in polluting industries that they are responsible for emitting an average of 3 million carbon tons a year. 0.800

👤 The author 📋 Blog Post 🏷️ Wealth , Economics , Environment , Statistics

Simplified: 125 richest billionaires emit average of 3 million carbon tons a year

1 sources

1 month ago
Half the world’s billionaires live in countries with no inheritance tax on the money they will give to their children when they die. 0.900

👤 The author 📋 Blog Post 🏷️ Wealth , Economics , Statistics , Taxation

Simplified: Half the world's billionaires live in countries with no inheritance tax

1 sources

1 month ago
Oxfam calculates that 36 percent of billionaire wealth is derived from inheritance. 0.900

👤 Oxfam 📋 Blog Post 🏷️ Wealth , Economics , Statistics , Inheritance

Simplified: Oxfam calculates 36 percent of billionaire wealth is from inheritance

1 sources

1 month ago