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“…on an individual basis today’s tech billionaires are not any wealthier than their early 20th-century counterparts. Adjusted for inflation, John Rockefeller’s fortune of $336bn and Andrew Carnegie’s $309bn exceed Musk’s $231bn, Bezos’s $165bn and Gates’s $114bn.

But, as chronicled by Peter Turchin in End Times, his book on elite excess and what it portends, today there are far more centimillionaires and billionaires than there were in the gilded age”

https://www.theguardian.com/books/2023/nov/25/we-will-coup-whoever-we-want-the-unbearable-hubris-of-musk-and-the-billionaire-tech-bros