On this day in 1916, American oil tycoon John D. Rockefeller becomes the world's first billionaire.

Over the years, the attitudes of Americans and billionaires has evolved and become complex. For journalists like Tom Scocca, the existence of billionaires are not complex. It is wrong. Learn more today straight from his writing.

Today is September 29, 2020.

This is the Librarian’s Almanac.

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