Thursday, October 16, 2025

Billionaire Wealth Hits $33 Trillion

As billionaire wealth surges by an astonishing $33 trillion since 2015, according to recent analysis by Oxfam, prominent investor Mark Cuban is calling for a fundamental shift in how companies share success with employees.

Posted by Corky at 09:32 PM | 14 COMMENTS | permalink

Comments

Behind every great fortune there is a great crime.

#1 | Posted by Zed at 2025-10-16 10:26 AM

"You know who is funding the increase, particularly lately? Retail investors. 401ks," Cuban wrote in his recent post.

"The better question is, why are we not giving incentives to companies to require them to give shares in their companies to all employees, at the same percentage of cash earnings as the CEO?"

;;

Wow... only $33 trillion?

No wonder Trumpublicans supported cutting their taxes with the largest transfer of wealth upwards in our history!

Good job, Trump!

#2 | Posted by Corky at 2025-10-16 10:29 AM

Original report...

www.oxfam.org.uk

Of course, if we still had Gov of by and for the People rather than for the Corporations who now own the politicians... we wouldn't have this problem.

Which is why campaign finance reform is key to solving many problems.

#3 | Posted by Corky at 2025-10-16 10:46 AM

#4 | Posted by C0RI0LANUS at 2025-10-16 01:10 PM

Top RICHEST COMPANIES Of The World 2025

www.youtube.com

A very interesting graphic only presentation.

#5 | Posted by Corky at 2025-10-16 02:40 PM

The Trump admin looks to be transferring the wealth of the Country to the billionaires that seem to make up a large group within the Trump administration.

Why?


#6 | Posted by LampLighter at 2025-10-16 10:00 PM

Interesting how the national debt is 38 trillion and they have 33 trillion.

How much was transferred to them?

#7 | Posted by bat4255 at 2025-10-17 07:18 AM

"The better question is, why are we not giving incentives to companies to require them to give shares in their companies to all employees, at the same percentage of cash earnings as the CEO?"

Because Congress doesn't work for anyone under the top 1%

That much has be evident with this shut down which is all about protecting the 1% from paying taxes and taking away health insurance and medicaid to pay for it.

#8 | Posted by Nixon at 2025-10-17 07:27 AM

Maybe the farmers and federal workers can get jobs as butlers, footmen and maids in the homes of the new landed gentry we have here in America. It is a service economy.

#9 | Posted by lee_the_agent at 2025-10-17 10:02 AM

Does anyone think it's a coincidence that billionaire wealth seems to track closely to the national debt?

And then there's this:
The New Cost of American Inequality: $80 Trillion

#10 | Posted by Whatsleft at 2025-10-17 11:26 AM

Any magats on here who can explain why we needed to add trillions to the debt in order to give tax cuts to the rich?

#11 | Posted by SpeakSoftly at 2025-10-17 04:23 PM

Any magats on here who can explain why we needed to add trillions to the debt in order to give tax cuts to the rich?

#11 | Posted by SpeakSoftly at 2025-10-17 04:23 PM | Reply | Flag: ACCURATE

The trolls are too busy bleating AIPAC talking points demonizing Palestinians, AOC, and Zohran Mamdani.

Worst. Trolls. Ever.

#12 | Posted by C0RI0LANUS at 2025-10-17 04:29 PM

Maybe the farmers and federal workers can get jobs as butlers, footmen and maids in the homes of the new landed gentry we have here in America. It is a service economy.

#9 | Posted by lee_the_agent at 2025-10-17 10:02 AM | Reply | Flag: ACCURATE

And the daughters can become masseuses at any one of Dummkopf Trumpf's gold-plated golf resorts.

#13 | Posted by C0RI0LANUS at 2025-10-17 04:32 PM

The game was rigged the moment they drove the Golden Spike.

#14 | Posted by dutch46 at 2025-10-17 05:33 PM

Drudge Retort Headlines

More Than 170 U.S. Citizens Have Been Held by Immigration Agents (63 comments)

DOJ Indicts John Bolton (57 comments)

U.S. Working to Double Argentina Bailout to $40 Billion (40 comments)

'Conservative Republican' in Idaho Pleads with Trump as 3rd-gen Farm Flails (27 comments)

Survivors Reported in Latest US Caribbean Airstrike (22 comments)

Sidewalk Chalk Messages Force Stephen Miller to Flee Arlington (14 comments)

Billionaire Wealth Hits $33 Trillion (14 comments)

Border Czar Homan Denies He Took $50K from Undercover Agents (13 comments)

Capitol Police called to Investigate Swastika in GOP Congressional Office (13 comments)

Team Trump Says Food Stamp Funding to Dry Up in Two Weeks (11 comments)