Billionaires Dominate Trump’s Second Inauguration, Raising Concerns Over Influence
Elon Musk, Jeff Bezos, and Mark Zuckerberg were prominently seated, intensifying debates about wealth, power, and democracy in Trump’s second term.
- Elon Musk, Jeff Bezos, and Mark Zuckerberg, with a combined net worth of nearly $900 billion, were seated near President Trump during his inauguration, sparking discussions about their influence on his administration.
- Musk, who donated over $200 million to Trump’s campaign, now leads the newly created Department of Government Efficiency and has a direct line to the White House, raising ethical concerns.
- Critics argue the presence of billionaires at the event symbolizes a growing oligarchy, with fears they may shape policies to benefit their businesses over public interest.
- Trump’s inauguration also saw fossil fuel billionaires gain $3 billion in wealth in a single day, buoyed by his executive orders favoring deregulation and energy production.
- Major tech and business leaders, including Sundar Pichai, Tim Cook, and Bernard Arnault, attended the event, reflecting a shift in corporate alignment toward Trump’s business-friendly policies.