Billionaires should not exist. Especially not at a time when the gap between the richest and the poorest individuals is growing so much - and when so many people around the world
struggle to afford basic necessities like housing, healthcare, transportation, and even groceries.
But last year, in 2025, the richest 500 people in the world pulled in a collective
$2.2 trillion USD. That was just for that one year alone. Their overall wealth, including this 2025 increase, is now valued at around
$11.9 trillion USD.No one needs that much money, especially not when others are suffering. The right answer is simple: governments need to properly tax the rich!Most of this wealth-increase from 2025 went to
just 8 billionaires. Those greedy individuals included
oligarchical tech bros like Elon Musk, Jeff Bezos, Larry Ellison, and Larry Page. Musk alone saw his net worth surge up from a 'measly' $190.3 billion to $622.7 billion just last year. That's an increase of more than 300%.
Just this one year's worth of gains (again, $2.2 trillion) for these individuals - who certainly did not need it - could have raised around
3.8 billion people from poverty. Instead, it's all being hoarded by a select few.
It's a failing of the system that billionaires exist at all. We do not need them. Yet the system is set up for them to win, especially through 'corporate welfare' schemes that incentivize and subsidize massive companies and their leadership.
This wealth disparity is wildly out of control and there's no reason for it to continue, not while people are going to bed hungry - if they're lucky enough to afford housing at all.
Sign the petition to demand that governments, including the U.S. government, properly tax the rich and lift people out of poverty!