It’s not a rich list – it’s gone far beyond that. We need to talk about ‘extreme wealth’

Why did Moody's downgrade US credit rating again? How is Trump's Middle East trip boosting investments? What impact will Charter-Cox merger have on cable industry? Why is Tesla adding Chipotle executive to board? How are US tariffs affecting Walmart prices? What caused Fortnite to be blocked on Apple devices? Why is Novo Nordisk CEO stepping down now? How will Federal Reserve's planned 10% staff cut affect markets? What’s behind the drop in US consumer sentiment?

It’s not a rich list – it’s gone far beyond that. We need to talk about ‘extreme wealth’ | Dhananjayan Sriskandarajah

theguardian.com/commentisfree/2025/may/17/sunday-times-rich-list-extreme-wealth-damage

We recognise extreme poverty as ruinous, but this turbo-charged affluence is deeply damaging too. Treat it as such
Dhananjayan Sriskandarajah is chief executive of the New Economics Foundation and author of Power to the People
Once again, it’s the Hinduja family. Gopi Hinduja and his…

This story appeared on theguardian.com, 2025-05-17 08:00:03.