Core Points - Senator Bernie Sanders raised concerns about the concentration of media power among a few wealthy individuals in the U.S. [1][2] - He compared the situation in the U.S. to authoritarian regimes where media is controlled by a small group [2][3] Media Ownership Concentration - Elon Musk owns X, Mark Zuckerberg controls Facebook and Instagram, and the Ellison family has stakes in CBS and is interested in CNN and TikTok's U.S. operations [3][4] - Jeff Bezos owns Twitch and The Washington Post, highlighting the significant influence of these individuals in the media landscape [3][4] Wealth Rankings - According to Bloomberg's Billionaires Index, Elon Musk has a net worth of $442 billion, Larry Ellison ranks fourth at $254 billion, Jeff Bezos at $251 billion, and Mark Zuckerberg at $225 billion [5] - The tech sector continues to dominate the wealth rankings, indicating a concentration of financial power among tech leaders [5] Social Media Usage Statistics - Data from Statcounter GlobalStats shows Facebook accounts for nearly 59% of social media usage in the U.S., followed by Pinterest at 16%, X at 14%, and Instagram at 6% [6] - YouTube and Reddit each account for under 3% of social media usage, further illustrating the dominance of a few platforms [6]
Bernie Sanders Highlights How Handful Of Billionaires Like Mark Zuckerberg, Elon Musk, Jeff Bezos Are Controlling What Americans See - Tesla (NASDAQ:TSLA)