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Emeritus Prof Christopher May
Emeritus Prof Christopher May
@ChrisMayLA6@zirk.us  ·  activity timestamp 2 weeks ago

While the rest of us struggle to maintain our standard of living & if *do* we have any wealth mostly have it tied up in our home (with all the problems that entails around liquidity & value), the billionaire class once again saw its wealth climb on the back of a third year of stock-market rises across the world.

The only solace we can take is that when the AI-bubble bursts they will see a sharp decline in wealth (but will remain billionaires).

#inequality #politics

https://www.theguardian.com/news/2025/dec/31/billionaires-added-record-wealth-2025

the Guardian

Billionaires added record $2.2tn in wealth in 2025

Just eight billionaires accounted for a quarter of the gains, led by Elon Musk, Jeff Bezos, Larry Ellison and Larry Page
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