Related Stories
The Seven Richest Billionaires Are All Media Barons
Key Excerpts from Article on Website of Mint Press News
Posted: December 16th, 2025
https://www.mintpressnews.com/the-seven-richest-billionaires...
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. 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. In September, President Trump signed an executive order approving a proposal to force through the sale of social media platform TikTok to an American consortium led by Ellison-owned tech company, Oracle. Under the planned arrangement, Oracle will oversee the platform’s security and operations, giving the world’s second-richest man effective control over the platform that more than 60% of Americans under thirty years of age use for news and entertainment. No other period in history has seen such a rapid and overwhelming buy up of our means of communications by the billionaire class – a fact that raises tough questions about freedom of speech and diversity of opinion. Today, the world’s seven richest individuals are all major media barons, giving them extraordinary control over our media and public square, allowing them to set agendas, and suppress forms of speech they do not approve of. This includes criticisms of them and their holdings, the economic system we live under, and the actions of ... governments.
Note: For more along these lines, read our concise summaries of news articles on financial inequality and media manipulation.
Related Stories
Latest News
Key News Articles from Years Past
