It was a record-breaking year for the world's richest people. In 2025, the world’s 500 wealthiest individuals saw their fortunes balloon by an unprecedented $2.2 trillion, driving their combined net worth to nearly $12 trillion, according to the Bloomberg Billionaires Index. This surge was fueled by robust gains across stocks, cryptocurrencies, and commodities, buoyed by President Donald Trump unleashing a free-market-blitz, cutting corporate taxes and loosening regulations. To no surprise, Big Tech do ...

Billionaire investor Chamath Palihapitiya defended President Donald Trump’s “One Big, Beautiful Bill” against claims that the rollback of certain subsidies has harmed the solar energy industry.Trump ‘Did Not Kill Solar’On Sunday, in a post on X, Palihapitiya said, “To be very clear, Trump did not kill solar,” adding that “the best run solar businesses” have continued to thrive even after the passing of the bill, which brought steep cuts to incentives for solar and wind power projects. According to the Socia ...