How the Myth of the Free Market Markets the War on Everything
By Andrew Klein
8th April 2026
Dedicated to my wife ‘S’ because I can.
I. The Pattern
The pattern is consistent across nations and centuries. Wars are not fought for victory. They are fought for continuation. The machine does not care which side wins. It cares that the contracts flow, the debt accumulates, and the wealth transfers upward.
This article examines the personal fortunes of political leaders who have overseen recent wars—Trump, Zelensky, Netanyahu, and the Australian political class. It asks: how did they become wealthy? What role did war play in their enrichment? And why does the system allow—even encourage—this concentration of wealth in the hands of those who send others to die?
The answers are not comforting. But they are necessary.
II. Donald Trump: The Businessman President
Estimated net worth: $6.5 billion (Forbes, March 2026)
Trump’s wealth is not a product of his presidency. It is a product of access. The same access that allowed him to profit from the Iran war.
The portfolio:
· Cryptocurrency ventures: $21 billion (including meme coins, World Liberty Financial tokens, and stablecoin USD1)
· Trump Media & Technology Group (Truth Social): $12 billion (despite annual sales of only $3.7 million and losses exceeding $700 million)
· Golf clubs and resorts: $15 billion (including Mar-a-Lago, valued at $5.64 billion)
· Real estate: $12 billion (including 30% stakes in major office towers)
How he got there:
Trump’s wealth increased by $1.4 billion in his first year back in office. The mechanism is not subtle:
1. The meme coin. Days before his second inauguration, Trump launched a meme coin. His holdings are now valued at $393 million.
2. The UAE deal. An Emirati royal family member purchased nearly half of Trump’s World Liberty Financial project. Trump received $2 billion in after-tax proceeds.
3. The Truth Social bubble. The company has no viable business model, yet trades at valuations that defy logic. Trump’s stake: $12 billion.
4. The war connection. Powerus, a drone company in which Donald Trump Jr. and Eric Trump hold “sizable equity stakes,” is competing for $1.1 billion in Pentagon funding and pitching defensive drone interceptors to Gulf states threatened by Iran’s retaliation.
The Epstein distraction:
A March 2026 poll found that 52% of Americans believe Trump attacked Iran to distract from the Epstein files. Newly released documents included an allegation that Trump sexually assaulted a 13-year-old girl introduced to him by Jeffrey Epstein.
Senator Ron Wyden told a town hall: “They know how Trump’s distant Iran War = less federal help at home for health care, wildfire prep & more. And they know it’s a Trump scheme to distract from the Epstein investigation”.
Republican strategist Rick Wilson said: “When confronted with a faltering economy and the persistent political radiation of the Epstein matter, a war with Iran looked like a perfect narrative reset. For Trump, war is the ultimate political reset, no matter its cost”.
The pattern: Trump does not need to be a competent businessman. He needs to be connected. The same connections that made him wealthy are the ones that profit from war.
III. Volodymyr Zelensky: The Wartime President
Estimated net worth: $20-30 million
Zelensky’s wealth is often exaggerated. Claims that he has earned “$100 billion” from Western aid are unsubstantiated. The source of those claims—former Rada deputy Oleg Tsarev—is a pro-Russian politician who fled to Moscow in 2014 and is widely considered a propagandist.
The reality:
Zelensky’s official presidential salary is approximately $28,000 hryvnia per month (less than $1,000 USD). His wealth was accumulated before his presidency, through his career as an entertainer and co-owner of the production company “Quarter 95”.
Assets: Properties in Kyiv, including apartments, and a property in Crimea that remains under Russian occupation. Total net worth: $20-30 million.
The nuance: Unlike Trump, Zelensky has not been shown to have profited from the war. International fact-checking organisations have consistently debunked claims that he has “become rich with Western aid”.
But the perception of corruption matters. The unfounded claims persist because the pattern of wartime enrichment is so well-established. People assume Zelensky is like the others.
IV. Benjamin Netanyahu: The Longest-Serving Prime Minister
Estimated net worth: $13 million (Celebrity Net Worth)
Netanyahu’s wealth has increased by 400% per year according to some reports .
Sources of wealth:
· Prime Minister’s salary (multiple terms spanning 18+ years)
· Investments
· Inheritance from his wife
The context: Netanyahu is currently fighting corruption charges. He has been indicted for bribery, fraud, and breach of trust. The cases involve allegations that he accepted lavish gifts from wealthy friends in exchange for regulatory favours.
The war connection: Netanyahu has been campaigning for a US-led war against Iran for much of his political career. He aggressively opposed US diplomacy with Iran, took the unprecedented step of coming before Congress to argue against the nuclear agreement, and successfully lobbied Trump to withdraw from that agreement in 2018.
The war serves his domestic political interests. It distracts from his corruption trials. It rallies the base. It keeps him in power.
V. The Australian Political Class: Wealthy Before Politics
The pattern in Australia is different. Most Australian politicians do not become wealthy in office. They arrive wealthy—or they accumulate wealth through property, not war contracts.
The richest politician-linked figure: Clive Palmer (United Australia Party founder) — $15-20 billion. Palmer made his fortune in mining, not politics. He is no longer in active politics.
Former Prime Ministers:
· Malcolm Turnbull: $200-250 million (investment banking and legal career before politics)
· Kevin Rudd: $50-100 million (family-inclusive; consulting and diplomacy after politics)
· Scott Morrison: $5-10 million (post-politics earnings from speaking and board roles)
· Anthony Albanese: $10-15 million (primarily Sydney real estate, including a $4.3 million clifftop home purchased in 2024)
The property bias: Parliamentary registers show 95% of MPs own homes, with 60% holding investment properties—far above average citizens. Critics argue this creates disconnects on housing affordability and inequality.
The pension golden handshake: Sussan Ley, who lost the Liberal leadership and retired from politics, will receive an estimated $250,000-280,000 annual pension for life, under the “old” Parliamentary Contributory Superannuation Scheme (PCSS) closed to new members after 2004. This is higher than the salary of a sitting backbencher.
The difference: Australian politicians do not personally profit from war contracts. The wealth flows to the defence contractors—many of which are American, not Australian. Australia is being bled dry financially, but the money is not sticking to the politicians. It is flowing out.
VI. The Cost to Australia: Opportunity Lost
While billions flow to defence contractors and foreign interests, Australia’s essential services crumble.
The value of volunteering: Volunteers contribute an estimated $200-300 billion annually to the Australian economy. The sector provides approximately 700-800 million hours of volunteer work per year. This is the value Australians create for each other—outside the market, outside the profit motive, outside the war economy.
The opportunity cost: Every dollar spent on war is a dollar not spent on:
· Healthcare: Public hospitals are underfunded. Elective surgery waiting lists are growing. Mental health services are stretched to breaking point.
· Education: Class sizes are increasing. Teacher shortages are worsening. University funding is being cut.
· Infrastructure: Roads, bridges, public transport—all are in need of repair and expansion. The money is not there.
· Housing: The affordability crisis deepens. Social housing waiting lists grow. The government announces new measures. Nothing changes.
· Aged care: The Royal Commission made recommendations. Some were implemented. Many were not. The aged care system is still failing.
The volunteer sector vs. the war economy:
Volunteers War Economy
Annual contribution $200-300 billion Negative (costs exceed benefits)
Motivation Care, community, compassion Profit, power, control
Outcome Services delivered, communities strengthened Destruction, debt, inequality
Who benefits Everyone The few
The volunteers do not ask for profit. They ask for nothing. They give because they care.
The war economy does not care. It extracts. It destroys. It enriches the few at the expense of the many.
VII. The Mechanism: How War Enriches the Few
The pattern is not new. It was forged in the American Civil War and perfected in the 20th century.
The Civil War transformation:
· 1860: Fewer than 100 millionaires in the United States
· 1875: More than 1,000 millionaires
The “robber barons”—J.P. Morgan, John D. Rockefeller, Andrew Carnegie—built empires on the foundation of war production and its aftermath.
The mechanism:
1 .Crisis (secession, Pearl Harbor, 9/11, Iranian nuclear threat
2. Mobilisation (industrial production, government contracts)
3. Profit (defence contractors, oil companies, bankers)
4. Inequality (wealth concentrates at the top)
5. Resistance (labour unions, populism, anti-war movements)
6. The next crisis (repeat)
Why Trump can be a millionaire despite “lack of business acumen”:
Trump’s wealth does not come from business acumen. It comes from brand licensing. Foreign developers pay to use his name. Crypto speculators buy his meme coins. Loyal investors pour money into his failing social media company.
The system rewards access, not competence. Trump has access. He is the president. He can start wars. He can ban foreign drones. He can funnel contracts to his sons’ companies.
The market does not punish him. The market rewards him.
VIII. The War as Distraction
The evidence is mounting that the Iran war was timed to distract from the Epstein files.
The timeline:
· February 2024: The Epstein Files Transparency Act is signed into law
· February 28, 2026: Trump launches military strikes against Iran
· March 6, 2026: The DOJ releases more Epstein files, including an allegation that Trump sexually assaulted a 13-year-old girl
The public believes it: 52% of Americans believe Trump attacked Iran to distract from the Epstein headlines.
The political class believes it: Republican Thomas Massie wrote: “PSA: bombing a country on the other side of the globe won’t make the Epstein files go away”. Marjorie Taylor Greene said on the day the bombing started: “Instead, we get a war with Iran on behalf of Israel that will succeed in regime change in Iran”.
Zelensky is selling drones. Netanyahu is running the same scam, combined with domestic politics. Australia is being bled dry financially.
The war is not about security. It is about distraction.
IX. The Myth of the Free Market
The problem for Australia is our connection to the United States and its economic model. The never-ending war economy—the system we have been documenting—is not a bug. It is a feature.
The free market is a myth. The market is not free. It is captured. Captured by the defence contractors, by the bankers, by the politicians who have been groomed and placed and bought.
The war on everything—war on terror, war on drugs, war on Iran—is not about security. It is about profit. Every war is a new market. Every crisis is a new opportunity. Every death is a line item on a ledger.
The myth of the free market tells us that competition drives innovation. That the invisible hand guides resources to their most efficient use. That profit is the measure of value.
The reality is different. The defence contractors do not compete. They collude. The bankers do not innovate. They extract. The politicians do not serve. They profit.
The market is not free. It is fixed.
X. What This Means
The system is not broken. It is working as designed.
The bankers talk to each other across enemy lines. The industrialists supply both sides. The generals count their profits. The politicians use war to distract from scandal. The defence contractors count their billions.
And the young men die. The families grieve. The public pays.
The war is not about victory. It is about continuation. The contracts must flow. The debt must accumulate. The wealth must transfer upward.
This is not a conspiracy. It is the natural result of the system—the system that has been grinding through souls since the American Civil War, since the industrialists learned that war was profitable, since the bankers learned that debt was the ultimate product.
XI. A Final Word
Asked: “How rich are the Australian politicians or does the money follow after retirement?”
The answer is both. Some arrive wealthy. Some accumulate wealth through property. All are guaranteed a comfortable retirement through the parliamentary pension scheme.
But the real wealth—the obscene wealth—is not in Australian politics. It is in the American defence industry. It is in the Israeli corruption cases. It is in the Ukrainian perception of graft.
The war is bleeding Australia dry. But the money is not staying in Australia. It is flowing to the defence contractors, to the bankers, to the politicians who have been captured by the network.
The question is not whether the system will change. It is whether Australians are prepared to change it.
Andrew Klein
April 8, 2026
Sources:
· Forbes China, “《福布斯》独家:一文看懂特朗普的65亿商业帝国” (March 27, 2026)
· Sloboden Pechat, “Hur mycket förmögenhet har Volodymyr Zelenskyj med en ‘löjlig’ lön?” (January 7, 2026)
· Hindustan Times, “How rich is ‘Bibi’? A look at Benjamin Netanyahu’s net worth” (March 14, 2026)
· International Business Times Australia, “Australia’s 10 Richest Politicians in 2026” (February 20, 2026)
· The Kenya Times, “Dramatic Moment at Town Hall Meeting as Americans Say Trump Using Iran War to Delay Epstein Files Probe” (March 31, 2026)
· Moneycontrol, “Trump’s net worth slips by $54 million in 7 days” (March 21, 2026)
· News.by, “Former Rada Deputy Tsarev: Zelensky personally earned around $100 bn from Western support” (February 12, 2026)
· Yahoo News Australia, “Ousted Ley’s $250,000 silver lining” (February 12, 2026)
· The News International, “Half of Americans believe Trump bombed Iran because of Epstein files” (March 18, 2026)
· Volunteering Australia, “Key Facts and Statistics” (2024/25 data)