The Trillionaire and Democracy @GeorgRockallSchmidt
The Trillionaire and Democracy  @GeorgRockallSchmidt
Uploaded June 2026 | Updated September 2026, 1 week ago
Elon Musk is the first trillionaire and real-life James Bond villain. When I started writing this video, his net worth was $1.1 trillion; when I finished, it was $1.3 trillion. He controls Twitter, Tesla, SpaceX, xAI, 66% of all active satellites, and has unparalleled influence on public opinion and government policy. How did Elon Musk become the richest person in the world? What does this mean for Democracy?

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Sources

SpaceX IPO made Musk a Trillionaire – Robert Reich in The Guardian
theguardian.com/commentisfree/2026/jun/12/spacex-ipo-elon-musk-trillionaire

Evaluating USAID and projecting the effects of defunding on mortality up to 2030 – The Lancet
thelancet.com/article/S0140-6736(25)01186-9/fulltext

Net Worth Held By Top 0.1% in US (and other similar stats) – Federal Reserve Economic Data
fred.stlouisfed.org/series/WFRBLTP1246

How Much To End World Hunger? - World Food Program
wfpusa.org/news/how-much-would-it-cost-to-end-world-hunger

WFP Donation Page
wfpusa.org/give
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Georg Rockall-Schmidt |

The Trillionaire and Democracy

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