“The golden age of America begins right now,” Trump proclaimed. For his billionaire backers, it has already begun.

LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday, marking a pair of surprise billionaire appearances at the event attended by a cadre of moguls worth well over $1 trillion.

The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next decade if current trends persist, according to Oxfam's annual inequality report released Sunday reported CNN Business.

Mr Trump is more transactional than presidents before him, which increases the risk of cronyism and self-dealing. But America’s economy, including its technology industry, is too unwieldy and dynamic to petrify into an actual oligarchy, whatever diplomats and departing presidents say. ■

A gathering of the world’s wealthiest individuals attended the inauguration, and in a telling gesture, the tech billionaires were seated in front of Trump’s nominated Cabinet.

A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and Zuckerberg.

"I didn't want to get out of my seat because I didn't want to lose it," said one guest at President Trump's pre-inauguration Candlelight Dinner.

All eyes may have been on the wide-brimmed accessory, but what was most significant for the industry was the fact that Bernard Arnault, the CEO of LVMH, attended the Republican’s inauguration ceremony

Billionaire wealth grew three times faster in 2024 than it did in 2023, Oxfam reported, citing data from Forbes. The increase in the world’s super-rich over the past 12 months has been

A custom hat that was almost lost and a lingerie-inspired “shirt” that may still be at large: every inaugural fashion moment that nearly stole the show.

Tech superinvestor Marc Andreessen has been traveling the podcast circuit, sharing his insider take on why his industry has veered sharply to the right of late. Eventually, these interviews, like his one with the New York Times ’ Ross Douthat, wind around to Andreessen’s theory of “the Deal, with a capital D:”