“The golden age of America begins right now,” Trump proclaimed. For his billionaire backers, it has already begun.
LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday, marking a pair of surprise billionaire appearances at the event attended by a cadre of moguls worth well over $1 trillion.
The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next decade if current trends persist, according to Oxfam's annual inequality report released Sunday reported CNN Business.
The LVMH Moët Hennessy Louis Vuitton titan had prime seating near former Presidents Bill Clinton, George Bush and Barack Obama.
A gathering of the world’s wealthiest individuals attended the inauguration, and in a telling gesture, the tech billionaires were seated in front of Trump’s nominated Cabinet.
Mr Trump is more transactional than presidents before him, which increases the risk of cronyism and self-dealing. But America’s economy, including its technology industry, is too unwieldy and dynamic to petrify into an actual oligarchy, whatever diplomats and departing presidents say. ■
The crowded dais in the Capitol Rotunda on Inauguration Day featured four of the world’s five wealthiest men, five U.S. presidents, tech titans and business moguls, and two foreign leaders with
Republicans are defined today more by a single man than perhaps either party has been in decades, even as the clock starts ticking on Donald Trump’s tenure.
Designers drop their resistance to the right as Usha Vance, Ivanka Trump and others set a new tone of American conservatism.
The sight of Jeff Bezos, Mark Zuckerberg and others at President Trump’s swearing-in was another sign of how business is adapting to a new Washington.
First up in Tuesday's Forbes Daily newsletter is Trump's January 6 pardons and immigration orders, Aurora self-driving trucks in tech news, a TikTok update and more.