Lemdro.id

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Our Mission 🚀

Lemdro.id strives to be a fully open source instance with incredible transparency. Visit our GitHub for the nuts and bolts that make this instance soar and our Matrix Space to chat with our team and access the read-only backroom admin chat.

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We believe in maintaining a respectful and inclusive environment for all members. We encourage open discussion, but we do not tolerate spam, harassment, or disrespectful behaviour. Let's keep it civil!

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Are you an experienced moderator, interested in bringing your subreddit to the Fediverse, or a Lemmy app developer looking for a home community? We'd be happy to host you! Get in touch!

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!lemdroid@lemdro.id

founded 2 years ago
ADMINS
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“Billionaires are raking in staggering profits off the backs of ordinary workers,” said Chuck Collins of the Institute for Policy Studies.

The collective wealth of US billionaires surged to $8.1 trillion in 2025 as working-class Americans faced a cost-of-living crisis made worse by President Donald Trump’s tariff regime and unprecedented assault on the social safety net.

An analysis released Friday by the Institute for Policy Studies (IPS) found that the top 15 US billionaires saw the largest wealth gains last year, with their collective fortune growing from $2.4 trillion to $3.2 trillion. That 33% gain was more than double the S&P 500’s 16% increase in 2025.

What IPS describes as the “elite group” of US billionaires includes Tesla CEO Elon Musk, the richest man in the world; Google co-founder Larry Page; Amazon founder Jeff Bezos; and Oracle executive chairman Larry Ellison.

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