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 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.

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

President Joe Biden warned of an oligarchy that has wide influence over the country as part of his farewell speech Wednesday night. Bernie Sanders and Kevin O'Leary have very different opinions in whether the wealthiest people in America should be celebrated.

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.

The three wealthiest Americans, Elon Musk, Jeff Bezos and Mark Zuckerberg, sat together Monday at the second inauguration of President Donald Trump.

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.

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.

Multiple countries, including New Zealand and Australia, are trying to use tax and competition rules to stem the growing power of big tech.

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.

Last Wednesday, during former President Joe Biden's farewell address, he warned that the U.S. could become an "oligarchy." Here's what it means

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