Billionaires
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X @The Wall Street Journal
The Wall Street Journal· 2025-11-05 01:30
There are 3,508 billionaires on the planet. About a third were in the U.S.—their fortunes accounted for 43% of the collective wealth, according to Altrata, a wealth-intelligence firm.🔗: https://t.co/0SsuMLqw8b https://t.co/8JnA9D2pBS ...
X @The Wall Street Journal
The Wall Street Journal· 2025-11-01 21:00
There are 3,508 billionaires on the planet. About a third were in the U.S.—their fortunes accounted for 43% of the collective wealth, according to Altrata, a wealth-intelligence firm.🔗: https://t.co/WYkTC9CDhP https://t.co/VZEJKy64aF ...
X @The Wall Street Journal
The Wall Street Journal· 2025-10-31 11:28
There are 3,508 billionaires on the planet. About a third were in the U.S.—their fortunes accounted for 43% of the collective wealth, according to Altrata, a wealth-intelligence firm.🔗: https://t.co/aLIIzFvj31 https://t.co/ut2HLyNZmH ...
X @Bloomberg
Bloomberg· 2025-10-30 23:02
Two tech billionaires pled their cases to California. This week, one scored a major victory and the other, a large setback. https://t.co/YPD7toADsv ...
'Billionaires Will Exist As Long As The Stock Market Exists' — Mark Cuban Defends The Wealthy's Place In The Economy
Yahoo Finance· 2025-10-30 16:01
Core Viewpoint - Billionaires are a byproduct of the stock market, and attempts to eliminate them could lead to economic disaster for ordinary Americans, according to billionaire entrepreneur Mark Cuban [1][3]. Group 1: Wealth and Economic Impact - Cuban argues that taxing or capping the wealth of the ultra-rich would force the top 10% to sell their stock holdings, potentially wiping out the savings of more than half the country [3]. - He emphasizes that the concentration of capital is essential for the market's structural foundation, and liquidating these assets would collapse the value of everyone else's savings, not just those of the wealthy [3]. Group 2: Fairness in Capitalism - Cuban advocates for increasing opportunities rather than capping wealth, suggesting that all employees should have a direct stake in their company's success, similar to CEOs [4]. - He proposes that every employee should hold the same percentage of their earnings in company stock as the CEO [4]. Group 3: Taxation Views - While opposing taxes based on unrealized stock valuations, Cuban supports a "windfall tax" on individuals who realize $1 billion or more in taxable cash income in a single year [5]. - He questions the fairness and feasibility of taxing unrealized stock wealth, highlighting the volatility of the stock market and the potential for tax refunds if the market corrects or crashes [6].