Prominent Supporters of Capping Wealth at $1 Billion
Bernie Sanders – U.S. Senator who has said “billionaires should not exist” and proposed wealth taxes that would make accumulating more than a few billion dollars nearly impossible.
Alexandria Ocasio-Cortez (AOC) – U.S. Representative who has questioned the moral legitimacy of billionaires and supports heavy taxation of extreme wealth.
Jeremy Corbyn – Former UK Labour Party leader who has argued against billionaires and supported wealth redistribution.
Jean-Luc Mélenchon – French politician (La France Insoumise) who supports limiting extreme wealth.
Thomas Piketty – French economist who argues in Capital in the 21st Century that extreme wealth inequality is socially and economically destructive, proposing wealth taxes that would effectively limit billionaires.
Gabriel Zucman – Economist and co-author with Piketty, supports aggressive progressive taxation of billionaires.
Emmanuel Saez – Collaborator with Zucman; supports sharply progressive taxation that could cap ultra-wealth.
Anand Giridharadas – Author of Winners Take All, argues that billionaires maintain systems of inequality and advocates redistributive policies.
Rutger Bregman – Historian and author (Utopia for Realists) who has said that billionaires are a policy failure and supports extreme wealth taxation.
Noam Chomsky – Has stated that extreme concentrations of wealth are undemocratic and inherently unjust.
Dan Price – Former CEO who cut his own salary to raise employee wages, vocally critical of billionaire wealth and capitalism.
Nick Hanauer – Venture capitalist who argues against billionaire wealth and supports systemic wealth redistribution.
Morris Pearl – Former BlackRock executive who supports wealth taxes and limitations on billionaire wealth.
Kshama Sawant – U.S. (Seattle City Council) Socialist who has called for the abolition of billionaires. Advocates for nationalizing key industries and a maximum income or wealth limit.
Ilhan Omar – U.S. Congress - Co-sponsored Sanders’s “Make Billionaires Pay Act.” Frequently calls out wealth inequality and proposes high wealth and corporate taxes.
Rashida Tlaib – U.S. Congress - Strongly supports policies that limit wealth concentration and prioritize redistribution.
Clémentine Autain – French Parliament (La France Insoumise) - A progressive voice in France calling for strict wealth taxation and redistribution.
Manon Aubry – Member of the European Parliament (France) - Advocates for a European wealth tax and has criticized billionaire power.
Dambisa Moyo – Zambian-born economist - Critiques global inequality and wealth concentration - challenges the current power structures of billionaire wealth.
Stephanie Kelton – U.S. Economist, proponent of MMT (Modern Monetary Theory) - She supports wealth redistribution, public investment, and questioning traditional deficit logic — indirectly challenging billionaire wealth.
Mariana Mazzucato – Italian-American economist - Argues for restructuring the economy so public investment is fairly rewarded — has said current wealth accumulation by billionaires is extractive and unjustified.
Kate Raworth – British economist, creator of Doughnut Economics - Proposes limits on both deprivation and excess — a conceptual framework that supports capping wealth as part of a healthy economy.
Gabriela Bucher – Executive Director of Oxfam International - Strong critic of billionaire wealth; Oxfam frequently publishes reports arguing for steep taxes on the ultra-rich and redistribution.
Antoinette Sayeh – IMF Deputy Managing Director (Liberia) - Advocates for inclusive growth and equitable wealth policies, though her IMF role tempers overt anti-billionaire rhetoric.
Naomi Klein – Canadian writer and activist - Argues strongly against billionaire influence and neoliberalism; supports policies that would heavily restrict wealth accumulation.
Arundhati Roy – Indian author and activist - Known for powerful critiques of capitalism and elite power; morally and politically opposes billionaire wealth in poor societies.
Maya Contreras – U.S. advocate and policy commentator - Supports wealth redistribution and challenges billionaire political influence.