The Latest Breaking News from Jeff Bezos

The rate of billionaires increases year on year, with the current number at 2,755 billionaires worldwide, according to Forbes magazine.

Mega-rich figures such as Andrew Forrest spend billions on climate change solutions while adding to carbon emissions.

Billionaires are better at figuring out what to do with their money than the government will ever be.

The real estate investment platform Arrived Homes had its latest batch of rental properties scheduled to be released at 11:00 AM EDT today, but the rush of new investors eager to buy shares of the new properties caused the website to crash just minutes after the launch.

A victory for free speech or for disinformation? That's the $44 billion question after Elon Musk's swoop on Twitter. Does it matter any more than Amazon's Jeff Bezos owning The Washington Post or all the French captains of industry whose often money-losing media purchases buy them a platform to voice…

It’s not only journalists. Musk has also blocked Public Citizen, a Washington DC-based nonprofit watchdog group that says it has been ‘standing up to corporate power and holding government accountable for 50 years’

"Musk’s desire in buying Twitter goes beyond a desire to control and shape public discourse," expert warns

Elon Musk paid $44bn to purchase Twitter, which is nearly as much as the $44.9bn assigned by the Biden administration to tackle climate change

During the Gilded Age of the late 19th century, and the early decades of the 20th century, U.S. captains of industry such as William Randolph Hearst and Jay Gould used their massive wealth to dominate facets of the economy, including the news media. They were, in many ways, prototype oligarchs…