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International Business Times
International Business Times
Business

Oligarchs Already Own Much Of US - Can They Buy Democracy?

Elon Musk, the world's richest man, helped bankroll Donald Trump's winning campaign and now he is a close advisor to the president-elect (Credit: AFP)

They increasingly own everything from access to space to how we get news on Earth and now outgoing President Joe Biden warns America's new breed of Donald Trump-allied oligarchs could gobble up US democracy itself.

Biden used his farewell speech to the nation to deliver a shockingly dark message: that a nation which has always revered its entrepreneurs may now be at their mercy.

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