Millionaires Warn Trump Damages Global Economy, New Poll Finds

by Priya Shah – Business Editor

Okay, here’s a summary of the key facts from the provided text:

Main Point: The article discusses the increasing wealth of Donald​ trump since his re-election and the broader context of growing wealth inequality ⁣globally.

Key Details about Trump’s Wealth:

* The ⁤ New York Times reported that Trump has ⁣amassed at ‍least ‌$1.17 billion as his ⁤re-election.
* This includes:
* ⁤ $867 million through⁢ cryptocurrencies
* $90 million in settlements‌ from tech and media companies
⁤ * ‌ $23 million from licensing his name overseas
‌ * ⁣ $28 million ‍from an Amazon documentary about ⁣Melania Trump.
* ⁢The ⁣ Times notes this $1.17 billion figure ⁤is likely an underestimate.

Key Details about Global Wealth Inequality:

* ‌ Wealth inequality is a growing concern,with a widening⁣ gap between the rich⁢ and the​ poor.
* Oxfam International reports that billionaire wealth increased by over 16% in 2025 (three times the average ​of the last five years) and has risen 81% as 2020.
* ⁤The collective wealth of billionaires⁤ ($2.5 trillion) now equals the total wealth of ⁣the⁢ poorest‌ 4.1 billion people.
* The World Inequality Database shows the richest 10% in almost all countries hold more‍ than 50% of personal wealth, and the US ⁣is among the most unequal nations.

Related Reading:

* ⁤A Forbes ‌article suggests millionaires are more likely to leave the US if Trump⁢ is in office.

In essence, the article presents⁢ Trump’s financial‌ gains as a specific example within the ⁣larger, troubling trend of escalating wealth‌ inequality worldwide.

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