Wealthy people have always had a louder voice, but Trump’s new allies represent the starkest consolidation of wealth in US politics in recent memory

The re-election of Donald Trump as the president of the US thanks in part to South African-born billionaire Elon Musk has emboldened the super wealthy to come out of the woodwork and rub hands with the convicted politician to line their own pockets.

This is the new American oligarchy — extremely wealthy men cozying up to the new president, a convicted criminal and adjudicated sexual abuser, a man who attempted to illegally overturn an election, who bungled a major national crisis and remains the most ignorant person to ever sit in the Oval Office.

Several of the tech moguls also joined a small prayer service this morning at St. John’s Episcopal Church. Later, they blended in with the Trump clan directly behind the incoming president as he officially assumed power just after noon,

The super-rich have long played a role in U.S. politics but have an unusually prominent spot in incoming President Donald Trump’s new administration

Barely a day has passed so far this year without Elon Musk making some hysterical declaration about one or other British politician. “Starmer must go,” he announced on X. “He is a national embarrassment.

The richest 100 Americans gained $1.5 trillion in wealth during President Biden’s term in office, and Tesla CEO Elon Musk’s net worth more than doubled during that time. The richest Americans, decried by President Biden in his farewell address as an “oligarchy” threatening democracy,

Biden's farewell speech warning that oligarchs pose a threat to democracy has echoed a growing problem in the world, economic and historical experts say.

The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.

Mr. Bruni is a contributing Opinion writer. Ms. McLean is a contributing editor at Business Insider and an author of “The Smartest Guys in the Room,” a book about the collapse of Enron. Mr. Silver is the author of “On the Edge: The Art of Risking Everything.”

As the 2024 presidential race entered its final stretch, the nation’s richest tech leaders gravitated toward Trump’s side.

When President Donald Trump took his second term oath of office, tech titans Elon Musk, Mark Zuckerberg and ... Biden warned Americans that a powerful "oligarchy" was on the country’s doorstep ...