10 Richest Americans Have Gained $700 Billion in Wealth Since Trump Reelection

https://www.commondreams.org/news/billionaire-wealth-under-trump

540 points · 58 comments · view on lemmy.world

58 Comments

_chris@lemmy.world · 68 pts · 301d (2 replies)

Billionaires shouldn’t exist.

PunnyName@lemmy.world · 33 pts · 301d

Blue shell the rich.

DeICEAmerica@lemmy.world · 7 pts · 301d
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DaddleDew@lemmy.world · 65 pts · 301d

"have gained"

That's an interesting way to phrase "have stolen".

tornavish@lemmy.cafe · 55 pts · 301d

Kill them

JasonDJ@lemmy.zip · 44 pts · 301d

340,099,990 Poorest Americans have each given an average of $2000 to the 10 other people in the country so far this year.

harmbugler@piefed.social · 25 pts · 301d

Working as intended.

"It's the billionaires" is the answer to many of the world's worst problems.

b161@lemmy.blahaj.zone · 25 pts · 301d

Lot of rich cunts need to get Kirk’d.

DarkFuture@lemmy.world · 23 pts · 301d (3 replies)

Lol.

The collapse is inevitable.

Like, even a small child could sense it at this point.

UnderpantsWeevil@lemmy.world · 18 pts · 301d (2 replies)

The collapse is inevitable.

The Vanderbilts and Rockerfellers and JP Morgans weren't the ones bankrupted by the Great Depression. Elon Musk will not be the protagonist of the next Steinbeck novel. The "collapse" will just be further economic consolidation, until the people being squeezed are willing to resist their own exploitation as a collective unit.

If the stock market loses 90% of its value tomorrow, all that changes is valuation. The physical capital remains in the hands of the plutocrats as does the command over the bulk of human labor. And the pain we feel will be the consequence of policies they impose, not any real shortfall of goods or dearth of professional services.

SupahRevs@lemmy.world · 8 pts · 300d

Which is why we need to invest in non-capitalist owned economies. The more we grow these economies the more resilient the average person can be. Things like the CFNE need to expand https://cooperativefund.org/. More businesses need to be in a circular local economy where people's needs can be met without the wealthiest getting profits.

sparky@lemmy.federate.cc · 5 pts · 300d

Your second paragraph explains exactly why they’re all so horny for AI.

Corridor8031@lemmy.ml · 21 pts · 301d
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taiyang@lemmy.world · 21 pts · 301d (1 reply)

If it makes you feel better, I've noticed a lot, lot more private security in the uber-rich neighborhood I have to pass to get to work.

They're scared.

Almacca@aussie.zone · 26 pts · 301d

Not scared enough.

100_kg_90_de_belin@feddit.it · 20 pts · 301d (1 reply)

10 Richest Americans Have Gained Stolen $700 Billion in Wealth Since Trump Reelection

UnderpantsWeevil@lemmy.world · 6 pts · 301d

Texas Can’t Keep Up with Surge in Workers’ Wage Theft Complaints

Research by Round and her colleagues found that TWC ordered $99 million in wages ordered due across over 57,000 cases between 2010 and 2020, but 80 percent of those wages had yet to be recovered as of 2024. The TWC told the Dallas Morning News in 2023 that it could not verify Rutgers’ findings since it lacked access to the methodology.

“Collections is a difficult problem. It’s like collecting against any debt. If the money’s not there, the money’s not there,” Round said. TWC’s current enforcement and deterrent tools vary. Penalties of up to $1,000 can be imposed on bad-faith employers, the agency can order the employer’s bank to freeze funds and turn them over, or it can file a lawsuit against the employer. A lien is also attached to an employer’s property after a final determination of owed wages, which could force employers to pay back owed wages if they try to sell the property. There are currently more than 11,000 active liens totaling over $127 million, according to state data.

...

The number of investigators, however, is dwindling. As of earlier this year, there were just 611, the lowest point in decades nationwide, according to Rutgers University researchers. As of May 2025, there were only 68 federal investigators assigned in Texas—one for every 232,000 workers. A review of federal data shows that the total wages federal investigators ordered to be paid back in Texas is the lowest it’s been in 21 years at $7.5 million in the 2025 fiscal year, compared to tens of millions in prior years.

OhStopYellingAtMe@lemmy.world · 16 pts · 301d (1 reply)

The poor & dimwitted rubes who voted for trump see this as a good thing. They claim to be Christian but really they worship money.

Tollana1234567@lemmy.today · 2 pts · 301d

thats why POCs conservative thirst over rich old white people. they see being white and or rich as the epitome of success.

DeICEAmerica@lemmy.world · 16 pts · 301d (1 reply)
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zd9@lemmy.world · 5 pts · 301d

I'm hungry for some baguettes and French onion soup

SeductiveTortoise@piefed.social · 15 pts · 301d

You mean the pigs have gotten fatter? They will make some good bacon.

orioler25@lemmy.world · 13 pts · 301d (8 replies)

Bullets are cheap y'all.

E_coli42@lemmy.world · 5 pts · 301d (1 reply)

You go far enough left and you eventually get your guns back

orioler25@lemmy.world · 1 pts · 300d

Who doesn't use guns, exactly?

GaryGhost@lemmy.world · 2 pts · 301d (5 replies)

Which ones, I'm genuinely asking

moncharleskey@lemmy.zip · 3 pts · 301d (3 replies)

22 caliber rimfire rounds are by far the cheapest at around 6 cents per round, but they are pretty under powered and are really only good for target shooting and squirrels IMO. Your best pistocl caliber price is 9mm at 25 cents, and rifle caliber is 5.56/.223 Rem at about 50 cents each. That's for standard FMJ ball ammo, with prices rising for hollow points, frangibles, TUI, etc.

GaryGhost@lemmy.world · 3 pts · 301d (1 reply)

Yeah but a 22 would bpunce off an ice agents forehead, they have thicker skulls

UnderpantsWeevil@lemmy.world · 3 pts · 301d

Aim for the neck.

MBech@feddit.dk · 2 pts · 301d

But maybe having 10 people shoot the fuckers repeatedly with 22's would feel better?

cyberpunk007@lemmy.ca · 2 pts · 301d

22 cal

TankovayaDiviziya@lemmy.world · 10 pts · 300d

Because they have been doing insider trading.

GreenShimada@lemmy.world · 9 pts · 301d (1 reply)

Oooooh, I hear it makes their flesh and liver taste super delicious.

Almacca@aussie.zone · 8 pts · 301d

I'd rather just use them as fertiliser.

psycho_driver@lemmy.world · 9 pts · 301d (3 replies)

Hmm that would be 7 years of snap benefits.

AngryCommieKender@lemmy.world · 4 pts · 301d (2 replies)

\70. The figures I have heard on NPR say that SNAP costs 100 million per year

jj4211@lemmy.world · 3 pts · 301d

It's 100 billion, if you actually heard million, someone misspoke. Don't listen when Dr. Evil talks about amounts of money.

psycho_driver@lemmy.world · 2 pts · 301d

Your figures are wonky. There are ~42 million people on SNAP.

Almacca@aussie.zone · 9 pts · 301d

The robber barons are back! Or rather, they never left.

xc2215x@lemmy.world · 8 pts · 301d

Not shocking. Trump loves the wealthy.

EndOfLine@lemmy.world · 8 pts · 301d (1 reply)

Any minute now that trickle down effect is gonna feel like a torrential down poor of cash. Yup. Any minute now.

It'll probably start right after these job creators finish creating jobs for some of those estimated 7+ million unemployed Americans that are actively looking for work.

Tollana1234567@lemmy.today · 1 pts · 301d

job creating in south east asia, india, and south america, eastern europe. where the salary is lower.

nonentity@sh.itjust.works · 7 pts · 301d

Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.

Corporations are the only ‘persons’ which should be subjected to capital punishment, but billionaires should be euthanised through taxation.

decended_being@midwest.social · 7 pts · 301d (3 replies)

That's $2,000 per US citizen (approximately 350m People in the US)

OldChicoAle@lemmy.world · 6 pts · 301d (2 replies)

So glad I went to college and grad school to get a job at a biotech, helping produce life saving drugs, just to barely live paycheck to paycheck with 5 digit credit card debt.

The amount of times I think about suicide is too high for my liking. Honestly why do people even have kids anymore. Fuck this place.

Bytemeister@lemmy.world · 4 pts · 301d (1 reply)

That's why I dropped out. Sophomore year, I was calling a bunch of places to get an internship, and the answer was always the same... "We only do unpaid internships, and you pretty much need a master's in your field to get in." I dropped shortly after that and saved myself from spending another 20 grand on a STEM degree that would get me less per hour than a pizza delivery driver.

OldChicoAle@lemmy.world · 2 pts · 300d

It's wild. Entry level positions at my job now make twice as much as when I had those positions. Like why go for a promotion if doing less will let you take home almost as much

Yerbouti@sh.itjust.works · 7 pts · 301d

1789

DERRALEXANO@sh.itjust.works · 6 pts · 300d

brother of Mario

itisileclerk@lemmy.world · 5 pts · 300d (1 reply)

History is full of former evil empires. USA is number one on that list. It is The most evil society ever build and the world would be bettet without.

HeyThisIsntTheYMCA@lemmy.world · 6 pts · 300d

It is The most evil society ever build

there are some pretty tight competitors for that spot if we try not to have a recency bias

J92@lemmy.world · 5 pts · 300d

Hmmm. And the poor have gotten poorer?

Almost sounds like theft.

Proprietary_Blend@lemmy.world · 5 pts · 301d

Someone should slam them. Perhaps officials or maybe experts. That'll show em

raptir@mander.xyz · 4 pts · 300d

TheReturnOfPEB@reddthat.com · 4 pts · 301d (1 reply)

It doesn't have to be violent.

It just needs leaders that believe in the state more than billionaires. Jack Ma and China is a great example of how a state can reign in billionaires without violence.

T00l_shed@lemmy.world · 1 pts · 300d

It doesn't address the issue of billionaires.

elbiter@lemmy.world · 4 pts · 301d

Hey, nothing to see here, keep bitchin' at the people on food coupons...

venusaur@lemmy.world · 2 pts · 301d

Wait for the dump

DeICEAmerica@lemmy.world · 2 pts · 301d
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OldChicoAle@lemmy.world · 1 pts · 301d
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HurlingDurling@lemmy.world · 1 pts · 300d

Elon musk isn't American

frankiehollywood@lemmy.zip · -6 pts · 301d (1 reply)

what does this have to do with trump! They made money from increasing values in their assets which is mostly equity. Which means ur making money too if ur in the market - which u should be….and hence I’d be just like them.

innermachine@lemmy.world · 6 pts · 301d

Trump playing with tarrifs while him and all his buddies participate in insider trading has been the biggest, most blatant wealth steal in recent history that I am aware of. I tried playing the game with them and made a couple bucks, but I am not even playing with pennies compared to these assholes. They wrote the rules to make themselves win, and we will always be the losers.