The Seven Richest Billionaires Are All Media Barons.

“we all have to be concerned about the consolidation of huge billionaires getting control of nearly all of the major news outlets.”

No other period in history has seen such a rapid and overwhelming buy up of our means of communications by the billionaire class

Mint Press News, Alan McLeod, 25 Nov 25

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.

Media Monopoly

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. This lead is largely due to Ellison’s proximity to President Trump, who will ultimately have to sign off on such a deal.

Ellison has already spoken to senior White House officials about axing CNN hosts and content that Trump is said to dislike, including anchors, Erin Burnett and Brianna Keilar. It is this willingness to completely reorientate the network’s political direction that has made him the White House’s preferred purchaser of Warner Brothers Discovery. He is reportedly so wealthy that he can afford to pay in cash

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. Trump himself stated that he was extremely pleased that Oracle would be controlling the platform. “It’s owned by Americans, and very sophisticated Americans,” he said.

Israel’s Biggest US Donor Now Owns CBS

Billionaire David Ellison just bought CBS with Trump’s blessing. His father, Larry Ellison—the top US funder of the Israeli military—backs the move. Bari Weiss is set to reshape the newsroom. Media independence is on life support.

The Ellison family’s sudden venture into the realm of media and communications has shocked many, with senior media figures sounding the alarm. Longtime CBS News anchor, Dan Rather, warned that “we all have to be concerned about the consolidation of huge billionaires getting control of nearly all of the major news outlets.” “It is a particularly tough time for anybody working at CBS News,” he stated, citing pressure to change coverage to be more pro-Trump. “I think if [the Ellisons] were to buy CNN, it would change CNN forever, and it might be another very serious wound to CBS News,” he concluded.

Billionaire Capture

Rather is correct. 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 the United States and Israeli governments.

Sitting on a fortune of over $480 billion, Elon Musk is the wealthiest person in world history, and is projected to, within the next decade, become the planet’s first trillionaire. In 2022, Musk purchased Twitter, in a deal worth around $44 billion. The South-African born tech magnate quickly set about turning the platform into a vehicle for advancing his own far-right politics. In 2024, for example, he was a key figure in promoting an attempt to topple Venezuelan president, Nicolás Maduro, spreading misinformation about the country’s election, and even threatening Maduro with a future in the notorious Guantánamo Bay prison camp.

He has also very publicly rewritten his generative AI chatbot, Grok, on multiple occasions, so it would produce more conservative responses to users’ questions. One result of this was that Grok began to praise Adolf Hitler.

Musk overtook Jeff Bezos last year to become the world’s richest man. And like Musk, the Amazon founder and CEO has made several moves into the world of media. In 2013, he bought The Washington Post for $250 million, and quickly began exerting his influence on the newspaper, firing anti-establishment writers and hiring pro-war columnists. This came just months after he bought a minority stake in Business Insider (now rebranded to Insider).

One year later, in 2014, Amazon paid nearly a billion dollars to purchase Twitch, a streaming platform which hosts around 7 million monthly broadcasters. Amazon also owns a wide range of other media ventures, including movie studio MGM, audiobook platform, Audible, and movie database website, IMDB.

French billionaire, Bernard Arnault, meanwhile, has been buying up large swaths of his country’s media outlets. The chairman of luxury conglomerate, Louis Vuitton Moët Hennessy (LVMH) and the world’s seventh-richest man now sits on a media empire that includes daily newspapers such as Le Parisien and Les Echoes, magazines such as Paris Match and Challenges, as well as Radio Classique.

The remaining three individuals rounding out the top seven list all owe their wealth primarily to their media empires. Google co-founders Sergey Brin and Larry Page are collectively worth over half a trillion dollars. Google has become the dominant force in today’s hi-tech economy, and is also a major player in social media, having bought YouTube in 2006 for $1.65 billion. Thirty-five percent of Americans use the video platform as a primary source of news.

Mark Zuckerberg, meanwhile, owes his $203 billion fortune to his social media and tech ventures, including Facebook, Instagram, and WhatsApp. Like YouTube, Zuckerberg’s companies are major players in the modern news landscape, with 38%, 20% and 5% of Americans relying on Facebook, Instagram, and WhatsApp for their news and views.

MAGA Mouthpieces

Many of these wealthy individuals have joined forces with President Trump, in an effort to support Republican policies and push a conservative worldview. Chief among these is the Ellison family, who quickly announced significant changes as CBS News, promising “unbiased” coverage and more “varied ideological perspectives”– widely understood as a shift towards right-wing, pro-Trump coverage.

Larry Ellison holds deeply conservative views, and became a top donor and fundraiser for the Republican Party, and a close Trump confident………………………………………………………………………………………………………………………………………………………

Pentagon Contractors

A key factor in the rise of many of the world’s top seven richest individuals is their proximity to the U.S. national security state, with many of their companies growing wealthy in part due to feeding from the trough of Pentagon contracts. Today’s wars and espionage rely as much on hi-tech computing equipment as tanks and guns, and in 2022, the Department of Defense awarded Amazon, Google, Microsoft, and Oracle a $9 billion cloud computing contract……………………………………………………………………………………………………………………………………………………..

The Pentagon is Recruiting Elon Musk to Help Them Win a Nuclear War

With billions in defense contracts, Musk’s SpaceX is helping turn Trump’s nuclear vision into reality, threatening to dismantle decades of global nuclear deterrence., AI hypersonic missiles, Castelion SpaceX connection, Elon Musk military contracts, Musk nuclear war plans, Pentagon missile defense, SpaceX Pentagon contracts, Starlink military applications, Trump AI warfare, Trump nuclear defense plan, U.S……………………………………………………………………………………………………………………………………………………………

Arming and Supporting Israel

Another key attribute that many of the world’s richest individuals share is their passionate support for Israel and its expansionist project.

Nowhere is this more evident than with Ellison, who has made it his life’s goal to advance the Jewish State’s interests, both at home and abroad……………………………………………………………………………………. https://www.mintpressnews.com/the-seven-richest-billionaires-are-all-media-barons/290572/