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The Seven Richest Billionaires Are All Media Barons

Trump loyalist and CIA contractor Larry Ellison’s purchase of CNN appears imminent, and marks the latest venture into media for the world’s second-richest individual. But Ellison is not alone. Indeed, the world’s seven richest individuals are all now powerful media barons, controlling what the world sees, reads, and hears, marking a new chapter in oligarchical control over society and striking another blow at a free, independent press and diversity of opinion.
 
by Alan Macleod 

Part 3 - MAGA Mouthpieces
 
Many of these wealthy individuals have joined forces with President Trump, in an effort to support Republican policies and push a conservative worldview. Chief among these is the Ellison family, who quickly announced significant changes as CBS News, promising “unbiased” coverage and more “varied ideological perspectives”– widely understood as a shift towards right-wing, pro-Trump coverage.

Larry Ellison holds deeply conservative views, and became a top donor and fundraiser for the Republican Party, and a close Trump confident. Indeed, one Trump insider, noting his influence, went so far as to call Ellison as the “shadow President of the United States.”

Musk, of course, very publicly turned Twitter into a conservative-dominated platform, and was an unofficial member of Trump’s cabinet, becoming de facto head of the Department of Government Efficiency.

Zuckerberg has also taken a number of steps to align his platforms with the MAGA movement, including firing his fact-checking team (widely associated with liberal politics) and prioritizing what he calls “free speech.” Content moderation teams, the Meta CEO said, would be moved from California to Texas, “where there is less concern about the bias of our teams.”

Zuckerberg replaced Meta’s president of global affairs, the former Liberal Democrat deputy prime minister of the United Kingdom, Nick Clegg, with prominent Republican Joel Kaplan, who was George W. Bush’s chief of staff. He also appointed Dana White, the chief executive of the Ultimate Fighting Championship and a close Trump ally, to Meta’s board, despite his complete lack of relevant experience.

Many of these moves were likely made in response to Trump’s threat to imprison Zuckerberg “for the rest of his life” if he did anything to “cheat” him out of a 2024 presidential election victory. Zuckerberg subsequently met with Trump at Mar-a-Lago, and, alongside Bezos and other tech moguls, donated $1 million to Trump’s inaugural fund.

Bezos, meanwhile, pursued similar measures at The Washington Post, announcing that the newspaper would no longer publish opinions skeptical of capitalism. “We are going to be writing every day in support of defense of two pillars: personal liberties and free markets,” Bezos wrote, noting that readers wishing to see alternative viewpoints can find them on “the internet.”

The decision was widely seen as a major shakeup, and provoked public opposition from Post employees. “Massive encroachment by Jeff Bezos into The Washington Post’s opinion section today,” said the newspaper’s lead economics journalist Jeff Stein. “[It] makes clear dissenting views will not be published or tolerated there.”

The move was quite the reversal for Bezos, who had once called Trump a “threat to democracy.” Yet, by January 2025, he was sitting with Zuckerberg, Musk, and Arnault in prominent positions behind Trump at his inauguration.

Considering his nationality, Arnault has a surprisingly close relationship with Trump. In 2019, the French billionaire opened a new Louis Vuitton factory in Alvarado, Texas, a move that some have suggested was an attempt to please the president. Trump attended the facility’s opening, calling Arnault an “artist” and a “visionary.”

Due to their relationship with the Trumps, the Arnault family have become unofficial intermediaries between the French and U.S. governments. They were hosted by the Trumps at Mar-a-Lago in 2023, and, during an escalating trade war earlier this year, Bernard visited the White House to dampen down tensions between the U.S. and France.

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