First - Fossil Fuelled - Trillionaires ?
(300 year old SaudRoyalFamily wealth
$1.4 trillion when inclusive of owning Saudi #Aramco )
https://en.wikipedia.org/wiki/House_of_Saud
Aramco - was Arabian-American Oil Company - fourth-largest company in the world by revenue, headquartered in #Dhahran.
Saudi #Aramco operates the #Ghawar Field - the world's largest onshore oil field; and the #Safaniya Field - the world's largest offshore oil field.
https://en.wikipedia.org/wiki/Saudi_Aramco
"A perfect storm is brewing in #Canada. Before the #boomers die and pass their wealth down to their heirs, they’re going to get old, and that’s going to cost Canada a lot of money. Because of that, the country stands to become poorer over the next decades—at the same time as millions of private individuals are getting richer from the wealth transfer."
https://macleans.ca/society/the-jackpot-generation/
#Trump has largely done the same, claiming his father only gave him a “very small loan” that he turned “into a company that’s worth many, many billions of dollars.” However, as #KamalaHarris noted during Tuesday’s #debate, Trump’s companies have filed for #Chapter11 #bankruptcy protection SEVEN TIMES.
In 2021, Trump fell off the #Forbes400 list for the first time in 25 years. He returned to the list in 2022, but fell off again in 2023.
Among the various topics touched on during Tues’ #debate was #Trump’s #inheritance, brought up by VP #KamalaHarris as she addressed the #MiddleClass.
How much Trump received has seemingly been a sensitive point for Trump. He has often claimed it was a “very small loan,” but a 2018 David Barstow, [the brilliant] Susanne Craig & Russ Buettner NYT’s report refuted that.
#FactCheck #TrumpLies #InheritedWealth #SilverSpoon #GenerationalWealth #SelfMadeMyth #LyingLiarWhoLies
https://thehill.com/homenews/nexstar_media_wire/4873145-how-much-did-trump-inherit-from-his-father/
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
#FactCheck #TrumpLies #InheritedWealth #SilverSpoon #GenerationalWealth #SelfMadeMyth #LyingLiarWhoLies
https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html
#Trump got $413M from his dad, much from tax dodges
#FactCheck #TrumpLies #InheritedWealth #SilverSpoon #GenerationalWealth #SelfMadeMyth #LyingLiarWhoLies
https://apnews.com/article/0452d29cd2564eaf97605ab90acc3a67
This is GOOD - it implicates many in capitalist rentier neoliberal economies, where unearned income accrues from interest, rent, shares, capital gains - including those who earn a wage by working but aren't #Wealthy #Rich #SuperRich nor benefit from #InheritedWealth
https://www.cambridge.org/core/books/why-we-cant-afford-the-rich/9B7A3F29535B7C6F8E0F711A540E608A
#Tesla is a #Cult
#LeonSkum is an #AfriKKKaner with #InheritedWealth
#LeonSkum is a #Racist #ManChild #AfriKKKaner who #InheritedWealth and has never had people say #No to him.
So the #DeadBird #X site is longer a thing for me. I have no dog in the fight so to speak.
That said, this #fascist #oligarch #AfriKKKaner is a threat to #CivilSociety #democracy #Peace and #Decency in general.
He is an #Embarrassment
#LeonSkum is a #WhinyLoser with #InheritedWealth
@ChrisMayLA6 The waste of our money is bad enough but the real evil of the monarchy is it’s embodiment of a system of class and hereditary privilege and power. #monarchy #inheritedwealth
@paul The wonderful thing about #elonmusk buying (#LBO) #twitter is that he’s revealing the psychopathy behind the #billionare mind. The others have been smarter. #inheritedwealth
