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Arwa Mahdawi

Stable7 articles3 sourcesDernière mise à jour: 13.06.2026

Derniers articles

Pity the poor billionaires – demands for higher taxes must feel hurtful | Arwa Mahdawi
ACTU
12.05.2026

Pity the poor billionaires – demands for higher taxes must feel hurtful | Arwa Mahdawi

No wonder they are upset by the slogan ‘tax the rich’. Despite their wealth increasing 81% since 2020, they need our emotional support now more than everWon’t anyone think of the poor, poor, billionaires? Their endless money can buy them political power, but it can’t buy them love. Instead of being worshipped by the hoi polloi, titans of industry are denounced! Despised! Disrespected! Insert another D-word of your own!Thankfully, class solidarity is strong among the super-rich. Steve Roth bravely brought attention to the plight of his fellow billionaires during a recent earnings call. “I consider the phrase ‘tax the rich’ … spit out with anger and contempt by politicians … to be just as hateful as some disgusting racial slurs,” the Vornado Realty Trust CEO said. Continue reading...

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Guardian Business
Nine dollars for a Starbucks is an ‘affordable luxury’? CEOs need to wake up and smell the coffee | Arwa Mahdawi
ACTU
06.05.2026

Nine dollars for a Starbucks is an ‘affordable luxury’? CEOs need to wake up and smell the coffee | Arwa Mahdawi

The head honcho thinks splurging nearly $10 on a beverage during a cost-of-living crisis is fine for a ‘special experience’. It’s time to offer my own valuable adviceI don’t mean to vent, but what is up with Starbucks CEO Brian Niccol’s obscenely large compensation package? Niccol, who joined the company in 2024, is one of the best-paid executives in the US, raking in $96m (£70m) in just his first four months on the job. The man makes 6,666 times more than the company’s typical employee, according to a 2025 Executive Paywatch report. He also regularly commutes to work via private jet. Can’t expect a strategic genius to live next to the office like the rest of the hoi polloi.Still, while he might be good at flogging drinks, Niccol apparently has trouble reading a room. As the cost of living surges, and the federal minimum wage remains at $7.25, the CEO is getting roasted for calling a $9 coffee “a really affordable premium experience”. Speaking to the Wall Street Journal, Niccol noted that the K-shaped economy, in which higher-income households are thriving and splurging while the bottom half struggles, isn’t really affecting business. Continue reading...

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Guardian Business
Should Barron Trump be drafted – or left alone to keep building his $150m fortune? | Arwa Mahdawi
ACTU
22.04.2026

Should Barron Trump be drafted – or left alone to keep building his $150m fortune? | Arwa Mahdawi

Prominent Maga bros have suggested the 20-year-old son of the US president should be called up this year. Why does this seem so vanishingly unlikely?It can’t be easy being the youngest son of a man who compares himself to the son of God. Rather a lot to live up to, isn’t there? Still, Barron Trump seems to be taking it in his stride. Rather than rebelling and becoming a socialist, the 20-year-old is shaping up to be just like dad: Barron is already worth $150m, according to a 2025 Forbes calculation. That’s largely from World Liberty Financial, a Trump family cryptocurrency company he co-founded. (Reportedly it’s Barron who got the president into crypto.)Barron isn’t just trading alt-coins. The university student has also launched a yerba mate brand called Sollos. (Yerba mate is a caffeinated herbal tea from South America). And he’s been engaged with politics behind the scenes. Barron is widely credited for boosting his dad’s most recent election campaign by connecting him to manosphere influencers such as Adin Ross and Theo Von. Continue reading...

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Guardian Business