“Billionaires are raking in staggering profits off the backs of ordinary workers,” said Chuck Collins of the Institute for Policy Studies.
The collective wealth of US billionaires surged to $8.1 trillion in 2025 as working-class Americans faced a cost-of-living crisis made worse by President Donald Trump’s tariff regime and unprecedented assault on the social safety net.
An analysis released Friday by the Institute for Policy Studies (IPS) found that the top 15 US billionaires saw the largest wealth gains last year, with their collective fortune growing from $2.4 trillion to $3.2 trillion. That 33% gain was more than double the S&P 500’s 16% increase in 2025.
What IPS describes as the “elite group” of US billionaires includes Tesla CEO Elon Musk, the richest man in the world; Google co-founder Larry Page; Amazon founder Jeff Bezos; and Oracle executive chairman Larry Ellison.
Just a bit more wealth at the top. Gonna trickle down any day, now guys. No way they’d just hoard it as a measuring contest. No one is that juvenile, right?
I think this is less of a water in the dam situation and more of a candy in the piñata situation.
A whole lot trickles down once you kneecap 'em.
Kneecapping them would be unlikely to bleed them, I propose hanging and spearing them. Also I want to do at least one human sacrifice.
Crueler to keep them alive and make an example out of them. The kneecapping is just to “clip their wings”, slow them down, and give them some pain they cant forget.
Some will trickle down alright, 10% trickle up and 1% trickle down. Be happy with your 1%.
It used to be the excuse for qualitative easing that they’d invest it rather than spend it (“the velocity of money”) but now they have robot armies, space programs, and AI data centers to blow the money on.