How Bernard Arnault, the world's richest man, is expanding his empire.
The billionaire CEO of the Louis Vuitton Moët-Hennessy group is treated like a head of state. He has become the controversial embodiment of the inversion of the balance of power between politics and business.
A simple and elegant scheme. Billionaires Deripaska, Mikhelson, and Gutseriev all provide financial incentives for Russia's contract soldiers going to Ukraine
“I am a major investor here in the [#UK]... If I see this country steering itself over a cliff backing #FossilFuel, I am going to start pulling out. I will push my #investments over to North America … I must invest where I know I have proper #leadership, not leadership which is on a clickbait cycle.”
Why would anyone want to use #TornadoCash on #Ethereum / #ETH, which is written in the systemically unsafe Programming Language that is #Solidity when #Monero :monero: / #XMR exists?
I've done office work for construction companies for a long time in my day job, often for work in #SanFrancisco, and the idea that #ElonMusk was able to even THINK about putting up that fucking sign in a couple of days, let alone one that strobes and is held up by sandbags...do you KNOW how hard the permitting process is in #SF? For one thing, it's constantly given by #LondonBreed as an excuse for why affordable housing isn't being built there. But this #billionaire gets to do as he LIKES? #X
The race to be the No. 1 Trump alternative will be shaped by the decisions of conservative megadonors.
the 2024 Republican primary, is set to be defined not by the passions of donors chipping in $20 in response to an email, but by millionaires and billionaires cutting checks worth tens of thousands of dollars, if not tens of millions, in response to a PowerPoint presentation and a sales pitch from a super PAC official.
Just like how there are more and less evil supervillians, there are more and less evil billionaires, but its impossible to become and especially remain a #billionaire without being corrupted by that evil of unlimited power stolen from workers. .
Emails and interviews reveal privacy-obsessed electronics magnate Barre Seid’s long history of backing efforts to attack climate science, fight Medicaid expansion, and remake the higher education system in a conservative mold....
Tax data obtained by @ProPublica provides a glimpse of what congressional investigators would find if Crow were to open his books…. Crow’s voyages w/Thomas, the data shows, contributed to a nice side benefit: They helped reduce Crow’s tax bill.…
TODAY’S CLASS WAR IS THE 1 PERCENT VERSUS THE PEOPLE JUST BELOW THEM
America’s privileged technocrats are not ready for what’s about to happen to them.
"Right now, we’re just at the start of what will be a titanic war between the masters of mankind and the technocrats. The masters hold most of the cards, including the fact that the technocrats largely don’t understand yet that they’re in a war and are not ready for it. Thus the technocrats will likely be defeated, unless they can do something they’ve never done before: Forge an alliance with the working class."
"The truth is, #capitalists hate #capitalism. Inevitably, the kind of person who presides over a giant corporation and wields power over millions of lives - workers, suppliers and customers - believes themselves to be uniquely and supremely qualified to be a wise dictator.
For this kind of person, #competition is "wasteful" and distracts them from the important business of making everyone's life better by handing down unilateral - but wise and clever - edits. Think of #PeterThiel's maxim, "competition is for losers."
That's why giant companies love to merge with each other, and buy out nascent competitors. By rolling up the power to decide how you and I and everyone else live our lives, these executives ensure that they can help us little people live the best lives possible....."
" Nobody becomes a #billionaire by accident. You have to have wanted that level of power, control & wealth more than you wanted anything else in your life. They all sacrifice family, relationships, stability, community, connection, and belonging in service of keeping score on a scale that actually yields no additional real-world benefits on the path from that first $100 million to the tens of billions.
This makes billionaires "a cohort that is, counterintutively, very easily manipulated." And they're all #manipulators
and hang out together, which means that when a #conspiratorial belief takes root in one billionaire's brain, it spreads to the rest of them like wildfire.
Then, billionaires "push each other further and further into extreme ideas because their entire careers have been predicated on the idea that they're genius outliers who can see things others can't, and that their wealth is a reward for that imagined merit."
🥥 This #BastilleDay, the late great British movie director #AlfredHitchcock wishes #French people the very best as they celebrate their hard-won traditions of Liberté, Égalité, et Fraternité.
He also reminds the rich that sharing is something they should have learned in #kindergarten. 🥥
How a Billionaire’s “Attack Philanthropy” Secretly Funded Climate Denialism and Right-Wing Causes - an exposé on the secretive Barre Seid (www.propublica.org)
Emails and interviews reveal privacy-obsessed electronics magnate Barre Seid’s long history of backing efforts to attack climate science, fight Medicaid expansion, and remake the higher education system in a conservative mold....
Winning ticket for $1 billion Powerball jackpot sold in Los Angeles, California (www.nbcnewyork.com)
A winning ticket in Wednesday’s $1 billion Powerball jackpot was sold in Los Angeles, California, according to the game’s website.