big story – Elon Musk, Jeff Bezos and Mark Zuckerberg dream of offering humanity a new horizon through space conquest or virtual reality.
The pandemic has been a good time for American tech millionaires. Over the past 20 months, their fortunes have soared to ever more dizzying heights. Elon Musk, maker of Tesla electric cars and SpaceX’s space rocket, has seen his fortune quadruple, surpassing the GDP of South Africa, his home country. The title of the richest person in the world was stolen from Jeff Bezos, head of the e-commerce site Amazon. Facebook founder Mark Zuckerberg’s fortune exceeds $100 billion.
We had to invent a term, millionaires, to distinguish them from simple billionaires. Even in the United States, where individual wealth is admired more than distrust or envy, their power is beginning to draw criticism.
Read alsoJean-Pierre Robin: “France’s millionaires are much richer than billionaires”
Leaks from the US Tax Office have revealed that most pay very little income tax, sometimes even no tax. Even if that’s the case
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Sylvia Plath is a contributor at TechNewsInc, covering news, politics, business, technology, sports, entertainment, and lifestyle. She focuses on delivering clear, accurate reporting and useful information on current affairs, helping readers stay informed through relevant stories, emerging trends, and developments that matter to a broad audience.
