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The Independentindependent.co.uk

Can money buy happiness after all? Billionaires weigh in (opens original article in a new tab)

TL;DR

The article explores the growing wealth gap in the U.S., with billionaires like Elon Musk amassing vast fortunes while many Americans struggle. Some wealthy individuals, such as Craig Newmark and Katherine Hayes, emphasize the importance of philanthropy and the limited impact of wealth on happiness beyond a certain income level.

  • The U.S. has 989 billionaires, with nearly a third of wealth held by 1% of the population.
  • Craig Newmark and Katherine Hayes discuss the impact of extreme wealth on happiness and the importance of philanthropy.
  • Elon Musk's fortune grew by $935 million per day in 2025, and he is set to become the first trillionaire.

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