Merry Christmas: 2025 Was A Record-Breaking Year For Greed - Above the Law
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Merry Christmas: 2025 Was A Record-Breaking Year For Greed - Above the Law
"Elon Musk Becomes Richest Person In History With Record-Setting Net Worth This December, Elon Musk became the first person ever worth at least $600 billion. Just four days later, Musk became the first person worth more than $700 billion. No other person has ever been worth even a paltry $500 billion. Forbes most recently pegged Musk's net worth at $749 billion, and I'm too disgusted to look again to see if that rises any higher before my deadline."
"Donald Trump Monetizes The Presidency Like Never Before Though historically many former presidents had trouble with it, in modern times it is de rigueur for American heads of state to feather their own nests. Bill and Hillary Clinton, for example, gave 729 paid speeches from February 2001 to May 2016 in return for an average payout of $210,795 per address, earning a total of more than $153 million."
Greed intensified in 2025 across finance and politics, producing record personal fortunes and expanded monetization of public roles. Elon Musk reached unprecedented net worth milestones, surpassing $600 billion, then $700 billion, with Forbes estimating $749 billion, positioning him as a potential first trillionaire. Political figures increasingly monetized their positions and profiles, with post-presidency speaking fees and other income streams reaching sums far above historical norms. Examples include paid speeches netting Bill and Hillary Clinton over $153 million from 2001–2016. These patterns signal deepening wealth concentration and growing intersections between political power and profit motives.
Read at Above the Law
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