Today, Elon Musk became the world’s first trillionaire, but it was never inevitable.
Nabil Ahmed, Oxfam’s Senior Director of Economic Justice, shares how an era of regressive policy choices paved the way to this frightening time, while people worldwide are struggling to get by.️
Oxfam America
Oxfam America noted in an analysis released Thursday that a $1 trillion net worth would mean that it would take Musk 2,740 years to spend $1 trillion if he spent $1 million per day.
Critics warn SpaceX’s initial public offering may be a threat to market stability and Americans’ retirement savings.