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As Biden warns of 'oligarchy,' Trump inauguration to host tech billionaires

Business Standard LogoBusiness Standard1d ago

As Biden warns of 'oligarchy,' Trump inauguration to host tech billionaires - Business Standard

Quick Summary:

President Joe Biden's pointed warning about the US becoming an oligarchy of tech billionaires will be illustrated at Donald Trump's inauguration, when the world's three richest men will sit on the dais as Trump is sworn in for a second term.

Elon Musk, the world's wealthiest person, took an unprecedented, hands-on role in the final stretch of Trump's campaign, spending some USD200 million through a super PAC.

Musk has a new role reshaping government in the upcoming administration and will be joined on the dais by Amazon founder Jeff Bezos.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-17 @ 07:47:13 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 879 words

Reading Time: 5 minutes read

Sentences: 37 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25209751

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 285 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 7 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "As Biden warns of 'oligarchy,' Trump inauguration to host tech billionaires" was covered 1 days ago by Business Standard, a news publisher based in India.

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