The 10 richest Americans got $365 billion richer in the past year. Now they’re on the verge of a huge tax cut
- The richest 10 Americans grew their wealth by $365 billion between April 2024 and April 2025, according to Oxfam.
- This surge occurred amid debates over a Republican bill to extend Trump-era tax cuts that critics say would favor the wealthy.
- Elon Musk, Tesla's CEO, accounted for over half of the gains with an increase of $186.1 billion, while other billionaires also saw large rises.
- Oxfam estimated it would take 726,000 years for 10 median US workers earning just over $50,000 annually to earn what these billionaires gained in one year.
- The bill is expected to deepen wealth inequality by delivering most benefits to the top 10%, while cutting nearly $1 trillion from safety net programs.
12 Articles
12 Articles


10 richest men in the US collectively earned $1 billion every day last year, report
Despite market turmoil caused by Donald Trump’s tariffs, the group saw an increase in their collective wealth of $365 billion over the last 12 months
America's Super-Rich: 2024 Red Citizens for the First 10 Billion US. Elon Musk Runs the Class
Despite a short crisis on financial markets, the richest 10 Americans and they have grown to 365 billion dollars in the last year, according to a recent analysis by Oxfam, CNN informs.
American Multimillionaires Increase Luck in 365 Billion
In today's Express Economy, we explore the enormous growth of the prosperity of American billionaires, with Elon Musk leading the increase. We analyze the delay in the delivery of homes in Portugal, the historical damages of the Bank of Portugal and the importance of political stability. We also highlighted the biggest entry in Bolsa of the year, the CATL, the news of Google in IA and the success of the Portuguese Advolt in the global market.
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