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.

"Today, an oligarchy is taking shape in America of extreme wealth ... co-chair of his outside-government commission to recommend spending cuts, as well as with Amazon's Jeff Bezos and Meta's Mark Zuckerberg. Trump has invited all three of the powerful ...

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

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

In his farewell address, outgoing US President Joe Biden warned "an oligarchy is taking shape in America of extreme ... after his 2024 election victory include Meta's Mark Zuckerberg, Amazon's Jeff Bezos, Apple's Tim Cook and Google chief executive Sundar ...

"Today, an oligarchy is taking shape in America of extreme ... the nation’s richest tech leaders gravitated toward Trump’s side. Meta and Amazon each donated $1 million to Trump’s ...

Mr Trump is more transactional than presidents before him, which increases the risk of cronyism and self-dealing. But America’s economy, including its technology industry, is too unwieldy and dynamic to petrify into an actual oligarchy, whatever diplomats and departing presidents say. ■

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

"Today, an oligarchy is taking shape in America of extreme ... You saw the CEOs of Amazon and X and Meta and Google and TikTok. It's the attentional oligarchs whose power he cares about.

In his ongoing rampage against the laws of the land, Trump this week fired National Labor Relations Board acting chair Gwynne Wilcox — despite her congressional appointment not being up until 2028. Wilcox’s firing closes down the NLRB,

Opinions and thoughts are the author’s own and not those of AFROTECH™. “Oligarchy” is the word that has been spread across the internet and used to describe what has been observed during Donald Trump’s inauguration.