Producing more millionaires is a sign of economic dynamism.
—
Yinka Adegoke,
semafor.com,
8 June 2026
The stock market was a primary driver of the surge in new millionaires, with the S&P 500 and tech-heavy Nasdaq Composite Index rising about 18% and 21% last year, respectively.
Analysts estimate that across the country, roughly $124 trillion in assets will move from older Americans to their heirs and charities by 2048, with boomers at the center of that transfer.
—
Nick Lichtenberg,
Fortune,
9 June 2026
The state holds the funds indefinitely until they’re claimed by their rightful owners (or heirs).
Tech billionaires have made the history of science a very hot market, one which tends to suck volumes into private collections and away from both the purview of scholars and the eyes of the public and law enforcement.
—
Matthew Wills,
JSTOR Daily,
8 June 2026
The billionaires will never find happiness from their money.
Greek shipping tycoons, Morley said, may be intrigued by the glory of owning Onassis’s yacht; Middle Eastern oil magnates could have the means to buy a pricey piece of history.
—
Michael Ballaban,
CNN Money,
9 May 2026
For the manifesto’s authors, a just fashion system enriches the lives of workers, their families and their communities, not the coffers of billionaire fashion tycoons.
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