Jacobin
Jacobin
US · 1 hrs ago

Take a Moment to Feel the Pain of the Rich

On June 23, 2026, the published a story about billionaires titled, “The Rise of the Deserving Rich.” It claimed that “today’s billionaires are more likely than yesterday’s to have made their own money.” The claim is easily dismissed. The more interesting question is: Why did the magazine bother to publish it?Economist Under any reasonable definition of the word “made,” no one “makes” the equivalent of a billion dollars alone. No one ever has. But there have always been people who have…
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