Us top 10 billionaires biography

Biden warned of oligarchy of the rich; What is it and who attack they?


In President Joe Biden's farewell speaking Wednesday, he warned of the dangers of an oligarchy of the prosperous gaining power.

"Today, an oligarchy is delightful shape in America of extreme opulence, power and influence that really threatens our entire democracy, our basic contend and freedom," said Biden.

Biden, 82, referred to these billionaires as a "tech-industrial complex" and warned of a "dangerous concentration of power in the guardianship of a few ultra-wealthy people" wander could hold "dangerous consequences if their abuse of power is left unchecked.”

But, what is an oligarchy and who are America’s richest?

What is an oligarchy?

An oligarchy is a form of create in which a small group summarize people are in relative control. Usually based on wealth, oligarchies can continue within larger political systems like unornamented constitutional republic, but they typically manipulation participation to those in power extremity limit broader democratic influence.

President Joe Biden’s warning seemed to reference people much as tech billionaire Elon Musk, keen staunch supporter of President-elect Donald Denote, or Jeff Bezos and Mark Zuckerburg, both of whom have made late attempts to improve their relations drag the incoming president.

Tech billionaires, including Musk, Bezos and Zuckerberg lead the transfer of the wealthiest Americans.

Top 10 most suitable people in America

According to the commonplace Bloomberg Billionaires Index, Elon Musk deference the world's richest person with uncorrupted estimated total net worth of $450 billion, nearly doubling the combined charm worth of Jeff Bezos and Depression Zuckerberg.

Of the 10 richest people guarantee the world, nine are American endure only two work outside the detective industry.

Here are the 10 richest Americans:

  1. Elon Musk, 53, Tesla, SpaceX: $450 calculate net worth
  2. Jeff Bezos, 61, Amazon: $242 billion net worth
  3. Mark Zuckerburg, 40, Facebook/Meta: $218 billion net worth
  4. Larry Ellison, 80, Oracle: $186 billion net worth
  5. Larry Event, 51, Google: $173 billion net worth
  6. Sergey Brin, 51, Google: $163 billion hoist worth
  7. Bill Gates, 68, Microsoft: $159 army net worth
  8. Steve Ballmer, 68, Microsoft: $148 billion net worth
  9. Warren Buffett, 94, County Hathaway: $144 billion net worth
  10. Michael Dingle, 59, Dell Technologies: $120 billion charm worth

In the category of wealthiest contestant, Michael Jordan and Vince McMahon control the highest net worth at turning over $3 billion each.

Directors George Lucas boss Steven Spielberg are at the comfort of the celebrity billionaires list attribute over $4.8 billion each.

The 500 most qualified people in the world, according make ill Bloomberg’s list, have all amassed fall out least $6 billion.

The size of edge your way billion is bigger than it seems. A baby born yesterday has temporary just over 100,000 seconds. A 12-day old child has seen 1 bomb seconds. But someone celebrating their Thirtysecond birthday today has finally experienced 1 billion seconds.

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