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As billionaires’ wealth soars, US workers struggle: ‘The rich keep getting richer for no good reason’

The Guardian Tech Friday 26 June 2026, 09:00 UTC By Michael Sainato 1 min read
Key Points

Ultrarich face backlash as billionaire tax in California makes it to the ballot and Americans organize for higher wagesThe day that Elon Musk became the world’s first trillionaire, Gilberto Rubio, a security officer in the San Francisco area, said he was thinking about how to cut back on meals to save money. Jessica Ordeñana, a bartender in midtown Manhattan, was worrying about air conditioning ahead of a heatwave because she can’t afford her soaring electricity bills.

Ultrarich face backlash as billionaire tax in California makes it to the ballot and Americans organize for higher wages

The day that Elon Musk became the world’s first trillionaire, Gilberto Rubio, a security officer in the San Francisco area, said he was thinking about how to cut back on meals to save money.

Jessica Ordeñana, a bartender in midtown Manhattan, was worrying about air conditioning ahead of a heatwave because she can’t afford her soaring electricity bills.

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US (LOCATION) California (LOCATION) Americans (ORG) Elon Musk (PERSON) Gilberto Rubio (PERSON) San Francisco (LOCATION) Jessica Ordeñana (PERSON) Manhattan (LOCATION)
Originally published by The Guardian Tech Read original →

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