senator. Bernie Sanders Criticized the country’s widening wealth gap and cited the staggering rise in wealth of some billionaires.
His comments are as follows Elon Musk Became the first person in history to have a net worth of approximately $750 billion.
Sanders slams billionaires’ surge in wealth
On Friday, Sanders took to the X website to express his concerns about America’s growing income and wealth gap. He noted that while millions of Americans struggle to afford basic necessities, the combined wealth of 10 billionaires will surge by $730 billion in 2025.
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The former presidential candidate wrote on
Citing figures from Forbes, he described the situation as “unethical and unsustainable” and called for action against the oligarchy.
The greatest economic crisis of our time is rising income and wealth inequality.
While millions of Americans struggle to pay rent, buy food or health care, 10 billionaires grew $730 billion richer in 2025.
This is unethical and unsustainable.
We must defeat the oligarchy. pic.twitter.com/fVhRJqqWuG
— Bernie Sanders (@BernieSanders) December 26, 2025
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Musk’s net worth reaches historic level
According to Forbes, Musk’s net worth has soared to more than $333 billion by 2025, increasing by an average of about $935 million every day, putting him at the top of the global wealth rankings.
Forbes reports that by 2025, the combined wealth of the world’s more than 3,100 billionaires will increase by US$3.6 trillion to US$18.7 trillion. The 10 biggest gainers, including Musk, added more than $729 billion.
Notably, six of the ten billionaires on the list include NVIDIA (Nasdaq: NVDA) Chief Executive Officer Jen-Hsun Huang and meta platform (Nasdaq: META) Chief Executive Officer Mark Zuckerbergis an American.
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Wealth inequality debate intensifies
Wealth inequality has been a hot topic in the United States for some time.
Billionaire Lawyer, 2025 John Morgan Warnings that widening income gaps could push the country to the brink of collapse. However, his proposed solution was met with criticism.
Earlier this year, financial influencers Tu Wei’an The wealth gap is predicted to worsen in 2025 due to the president’s economic policies Donald Trump.
Jamie DimonCEO JPMorgan Chase (NYSE: JPM ) asserts that the key to addressing inequality is economic growth for everyone, not just the top earners.
The growing gap between rich and poor is also having a significant impact on consumer spending. Lower-income families feel increasingly excluded, while higher-income families spend more and see wages rise faster.
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This article Bernie Sanders slams ‘immoral and unsustainable’ wealth inequality, calls for end to oligarchy as billionaires’ wealth soars originally appeared on Benzinga.com
