Seven Richest Billionaires All Media Barons
Illustration by MintPress News
Alan MacLeod
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.
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Ellison, whose net worth stands at a staggering $278 billion, has been on a media spending spree of late. Earlier this year, he provided the funds for Skydance to purchase Paramount Global, another gigantic conglomerate that controls such products as CBS, BET, MTV, Comedy Central, Nickelodeon, Paramount Streaming, and Showtime.
Immediately upon being appointed CEO of CBS News, Larry’s son, David, began drastically reorientating the network’s political outlook, firing staff, pushing it to become pro-Trump, and appointing self-described “Zionist fanatic” Bari Weiss as its editor-in-chief.
The Ellison family, however, is far from finished. 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. 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.👇
Billionaire Capture
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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.
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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.
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Zuckerberg has also taken a number of steps to align his platforms with the MAGA movement, including firing his fact-checking team (widely associated with liberal politics) and prioritizing what he calls “free speech.” Content moderation teams, the Meta CEO said, would be moved from California to Texas, “where there is less concern about the bias of our teams.”
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Many of these moves were likely made in response to Trump’s threat to imprison Zuckerberg “for the rest of his life” if he did anything to “cheat” him out of a 2024 presidential election victory. Zuckerberg subsequently met with Trump at Mar-a-Lago, and, alongside Bezos and other tech moguls, donated $1 million to Trump’s inaugural fund.
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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.
Bezos’ Amazon has long enjoyed a close relationship with the CIA, having signed a $600 million contract with the agency in 2014. Yet both Google and Musk’s aerospace company, SpaceX, have been intertwined with Langley since their inception.
The CIA bankrolled and oversaw Brin’s PhD research at Stanford University, work which would later form the basis of Google. As one investigation noted, “senior U.S. intelligence representatives including a CIA official oversaw the evolution of Google in this pre-launch phase, all the way until the company was ready to be officially founded.”
As late as 2005, In-Q-Tel, the CIA’s venture capitalist arm, was a major shareholder in Google. These shares were a result of Google’s acquisition of Keyhole, Inc., a CIA-backed surveillance firm whose software eventually became Google Earth. By 2007, the government was using enhanced versions of Google Earth to surveil and target enemies in Iraq and beyond, according to The Washington Post. By this time, the Post also notes, Google was partnering with Lockheed Martin to produce futuristic technology for the military. There also exists a revolving door of employment between Google and various branches of Federal government.
It would be no stretch, meanwhile, to state that Elon Musk owes his largesse in no small part to his intimate relationship with the CIA. In-Q-Tel chief Mike Griffin helped birth SpaceX, providing support and advice from the beginning, and even accompanied Musk to Russia in 2002, where the pair attempted to purchase cheap intercontinental ballistic missiles to start the company.
Griffin repeatedly championed Musk at the CIA, describing him as the “Henry Ford” of the space industry, and worthy of the government’s full support. Still, by 2008, SpaceX was in dire straits, with Musk unable to make payroll and believing both SpaceX and Tesla Motors would be liquidated. But he was saved by an unexpected $1.6 billion NASA contract that Griffin had helped secure.
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No billionaire, however, is more intimately connected to the CIA than Larry Ellison. Ellison began his career by working with the CIA on a database system called Project Oracle. In 1977, he would co-found tech giant Oracle (named after his previous project). The CIA was Oracle’s only customer for some time, before Ellison branched out and began to win contracts with other branches of the national security state, including Navy Intelligence, Air Force Intelligence, and the NSA.
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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. Ellison is an enthusiastic supporter of Prime Minister Benjamin Netanyahu, with whom he vacationed with on his private island in Hawaii. So impressed was he with the embattled prime minister that he offered him a seat on Oracle’s board, replete with a yearly salary of $450,000.
Ellison is the largest single donor to the Israeli Defense Forces (IDF). In 2017 alone, he pledged $16.6 million to build a new training facility for IDF soldiers, whom he described as defending “our home.”
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David Ellison is no less ardent a Zionist, and even met with a top Israeli general in order to aid a project spying on American citizens, according to an investigation by The Grayzone. The scheme was aimed at attacking American citizens participating in pro-Palestine activism in the face of Israel’s attack on Gaza. The documents also mention Brin’s name as a potential collaborator in the plan.
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Zuckerberg’s platforms – Facebook, Instagram, and WhatsApp – have displayed a no less concerted bias in favor of Israel. As far back as 2016, Facebook was collaborating with the Israeli government on matters of censorship, with Justice Minister Ayelet Shaked revealing that the social media platform complied with 95% of her requests for pro-Palestine content to be removed.
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Zuckerberg’s platforms have long shut down Palestinian voices on dubious “hate speech” grounds. However, the censorship was drastically increased after the October 7 attacks.
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In 2023, Instagram also inserted the word “terrorist” into the bios of thousands of users who mentioned they were Palestinian. When challenged on this, they claimed it was an auto-translation bug.
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Zuckerberg himself is known to be a strong supporter of Israel, and has numerous familial connections to the state. After the October 2023 attacks, he released a statement denouncing Hamas and other resistance forces as “pure evil,” an action that earned him an official thank you from the State of Israel.
Musk has also put himself and his vehicles in the service of Israel. In November 2023, he traveled to Israel to meet with both Netanyahu and President Isaac Herzog and offer his unqualified support to their attack on Gaza. Describing Hamas as “evil” and “revel[ing] in the joy of killing civilians,” Musk attempted to publicly whitewash Israeli violence, stating unequivocally that the IDF goes out of its way “to avoid killing civilians.” At the time of his visit, Israeli strikes had killed at least 20,000 people in four weeks of bombings.
Netanyahu has stated that Twitter is among Israel’s “most important weapons” in the war, and defended Musk from accusations of fascism, after he gave a Nazi salute at the Conservative Political Action Conference.
During his visit, Musk also signed a deal with the government of Israel, giving the latter effective control and oversight over Starlink communications portals operating in Israel and Gaza.oration.
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Google has also collaborated in disseminating Israeli government propaganda to tens of millions of Europeans, despite the content breaking its own terms of service.
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Arnault has remained quiet on Gaza. He has, however, invested heavily in Israel. Diamonds and other precious stones are a mainstay of the Israeli economy, and the Frenchman’s luxury brands disseminate the stones globally. Activists have called for Israeli diamonds to be labeled conflict minerals and boycotted by ethical consumers. He also invested in Israeli tech and security firm, Wiz, a company recently purchased by Google for $32 billion. Earlier this month, LVMH signed a $55 million deal with Israeli actress and former IDF soldier, Gal Gadot, making her the the face of their brand.
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