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Billionaires

A Tiny BC Farming Town’s Fight Against Billionaire Speculators

The purchase of dozens of farm properties by two U.S. billionaires has prompted a small B.C. community to call for restrictions on foreign ownership of agricultural land.The beloved annual celebration of Japanese Canadian culture returns to Oppenheimer Park to mark a milestone anniversary. Since 2008, a company co-owned by American billionaires Bobby Patton Jr. and Mark Walter has bought 25 properties in Dunster, an unincorporated community of approximately 240 people located 40 minutes north of Valemount. The properties, which were bought through a company registered in Canada called Fraser River Landholdings Ltd., include 16 homes, almost all of which are now vacant.

Most Of The World’s Wealth Belongs To All Of Us

Let’s consider a fact so stark it barely registers: the world’s five richest billionaires have more than doubled their wealth since 2020. Meanwhile, 60 percent of humanity has grown poorer over the same period. At current trajectories, we will see the world’s first trillionaire within a decade. We have grown so accustomed to statistics like these that they have lost their capacity to shock. But they should shock us. Extreme inequality of this magnitude — the richest one percent owning 43 percent of all global financial assets, while emitting as much carbon pollution as the poorest two-thirds of humanity — is not merely an unfortunate side effect of an otherwise functioning system.

Albania ‘Flamingo Revolution’ Protests Gain Pace

Protests against a luxury resort being built on vital wetlands in Albania are now well into their third week – and they’ve attracted the ire of Albanian PM Edi Rama. He denounced the opponents of the Trump-family-linked project as exhibiting a “fascist mentality”, and denied the building works’ massive environmental impacts. On 3 June, the Canary reported on the anger against building works in the Vjosa-Narta protected landscape and the island of Sazan. At the time, the protests had lasted for three days. Now, however, the so-called ‘Flamingo Revolution’ has built momentum into a wider critique of Rama’s leadership.

Protesters Tear Down Albanian Development Site Fences

Some 200 protesters on Saturday tore down metal and razor wire fences surrounding a ‌luxury development site on Albania's Adriatic coast, in another ‌sign of growing anger against construction in environmentally sensitive areas. Albanians have been protesting for ​weeks against a planned luxury resort backed by a company linked to Jared Kushner, the son-in-law of U.S. President Donald Trump, near Vlora, which is famed for its flamingos and a turtle nesting ‌site. On Saturday, villagers from ⁠Rrjoll, located in an area of sandy beaches and pine forests in northwestern Albania, protested against another ⁠project not linked to Kushner, saying it was being built on their confiscated land.

Protests Tell Megarich: Albania Not For Sale!

A major coastal development project on the protected island of Sazan and the Zvërnec Peninsula — spearheaded by Affinity Partners, an investment firm linked to President Donald Trump’s son-in-law, Jared Kushner, and daughter Ivanka Trump — has sparked daily waves of widespread protests in Tirana, the capital. More than 6,000 elaborate villas and accompanying luxury infrastructure for the superrich are projected. The developers estimate the enormous project will exceed €4 billion ($4.6 billion). (tinyurl.com/vc3cx4ft)  The mass demonstrations and the government repression, caught on videos of bulldozers, barbed-wire fences and security guards dragging protesters across the sand, may have a far-reaching impact. 

Like Midas, Our Rulers Want To Monetise Everything They Touch

I am old enough to remember the fall of the Berlin Wall, and the wave of excitement it unleashed. With the Soviet Union consigned to the history books, the world was going to become a better, safer place. Liberals crowed that the West’s superior, democratic values had won out. Intellectuals like Francis Fukuyama wrote about the “end of history”: the triumph of free-market capitalism and a resolution of ideological struggle. Nearly half a century on, the celebratory mood of that time looks not just misplaced but positively deluded.

Jeffrey Epstein, The Russian Mob, And The Maxwells’ Hidden Assets

The release of the Epstein Files has shocked the public with unimaginable stories of the pedophilia, exploitation of women and brash depravity of the ruling class. While these stories have been the major source of public outrage, a deeper dive into the Epstein Files reveals the inside world of how the billionaire class operates to control information and collude with each other - hide their crimes and gain massive wealth at the expense of the working class. In this episode, Chris Hedges speaks with Maureen Tkacik, an investigative journalist who has studied and written about the Epstein Files for The American Prospect and The Nation.

Union Coalition Brings ‘Billionaires Tax’ Proposal To Illinois

Chicago - The “billionaires tax” idea, which has been gaining support in several states—including Washington state, where it’s now law—has come to Illinois, courtesy Chicago-area unions. After a morning press conference in Chicago, busloads of members of the Chicago Teachers Union, SEIU Healthcare Illinois, Cook County College Teachers Union Local 1600, SEIU Local 73, the Illinois Federation of Teachers, Warehouse Workers for Justice, and assorted progressive Chicago-area community groups descended on the state capital of Springfield.

Fortress Yellowstone

Santarem, Brazil— The taxi judders uphill into a forest brimming with life. Palm fronds droop over the road like huge, oily hands, and green birds flap between trees. And then, abruptly, the forest ends, and we emerge onto a denuded plain where the sun beats down on road and car and red dust. I am here to see firsthand how the ultra-rich are remapping the Earth’s remaining wild places, deciding what is sacrificed and what is conserved and for whom.  For me, this road into the Brazilian Amazon began a few weeks prior and nearly 5,000 miles away, on a different dirt road through a sprawling Montana ranch. 

Movement To Create Unregulated ‘Billionaire Fiefdoms’ Gaining Momentum

The Trump Administration is supporting the development of privatized libertarian enclaves that are not subject to local or national laws where the wealthy can exploit land and peoples for profit. Known as the Network State Movement, many of these 'special economic free zones' already exist in the United States and around the world, but their backers, such as Peter Thiel of Palantir, are searching for a place to create the first private 'nation'. Clearing the FOG speaks with Dr. Beth Geglia, an anthropologist and documentarian who focuses on tech-futurist territorial movements, about the first zones, how Trump's Board of Peace is connected to the Network State Movement and the fight back.

US Attacks In Venezuela, Greenland Lay Groundwork For Billionaire Fiefdoms

On January 3, 2026, Tim Stern, a German investor, was sleeping peacefully at his Venezuela residence when the phone on his small bedside table suddenly went wild. As he explained to Timothy Allen of the “Free Cities Podcast,” calls streamed in immediately after news broke that the United States had bombed Caracas in the early hours of the morning. Within hours, it was clear that Venezuelan President Nicolás Maduro had been captured and was being sent to the United States — a change, Stern said in the podcast, that “is going to be the start of an absolute bonanza here in Venezuela.”

Oxfam Report Highlights How Billionaires Rig Politics

Oxfam’s latest global inequality report, released during the World Economic Forum in Davos on January 19, reveals how billionaires use their extreme wealth to keep profiteering and maintain an infrastructure of sympathetic politicians, media and bureaucracies in place. Resisting the Rule of the Rich. Protecting freedom from billionaire power found that, globally, billionaire wealth rose by more than 16% last year — reaching a record $18.3 trillion. One of the report’s more alarming statistics is that, last year, “billionaire wealth increased three times faster than the average annual rate over the previous five years”.

Billionaires Are Buying Your Hospitals

South African billionaire Johann Rupert has enjoyed a sudden surge in wealth. His expanding fortune, like those of billionaires around the world, is not a sign of brilliance or achievement. It is a symptom of a system built to funnel wealth upward into the hands of the 1%. Rupert’s net worth jumps from $13.7 billion to $19.1 billion in under a year, powered by sales of high-end jewelry through Richemont, the luxury goods holding company he founded. With his exploding profits he invests in hospital networks, viewing them simply as financial assets, not the essential services the rest of us — the 99% — need and have the right to. The headlines call it “performance,” but anyone living outside the 1% knows it is extraction.

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. Paramount Skydance– an Ellison-owned company– is in pole position to purchase Warner Brothers Discovery, a conglomerate that controls gigantic film and television studios, streaming services like HBO Max and Discovery+, franchises like DC Comics, and TV networks such as HBO, TNT, Discovery Channel, TLC, Food Network, and CNN.

The Truth About The ‘Gen Z’ March In Mexico

A youth march with the notable absence of youth. A march against violence that ended with deliberately provoked violence. A nonpartisan march with one of its key proponents in the pay of the nation’s conservative party. A march inspired by imagery from the hit left-wing comic One Piece descending into a maelstrom of far-right hate. The contradictions surrounding Mexico’s so-called “Generation Z” march on November 15 — also known as the “15N protests and riots” — are abundant. Moreover, they provide an object lesson in the “franchise model” of international demonstration symbolism in which a domestic event is appropriated to suit the agenda of the franchisees.
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