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Formula One Champion Lewis Hamilton Calls for Limits on Billionaire Wealth

PBD Podcast · Spencer Pratt Loses Lead + Trump's 'Meet The Press' Walk Off · June 8, 2026
Formula One Champion Lewis Hamilton Calls for Limits on Billionaire Wealth
PBD Podcast
PBD Podcast
Spencer Pratt Loses Lead + Trump's 'Meet The Press' Walk Off
"There is such a disparity between wealthy and the poor. You still, when you drive around LA, there's still so many people living on the streets. There should— you shouldn't be able to have billions, right? I think there should be a limit to how much you can have because there's enough to go around to everyone."
Lewis Hamilton, worth an estimated $500 million and dating billionaire Kim Kardashian, told Jay Shetty's podcast that there should be legal limits on how much wealth individuals can accumulate. Hamilton, who moved to Monaco to avoid UK taxes and owns multiple supercars and a yacht, advocated for wealth redistribution despite acknowledging he didn't know how to implement such a law. Critics noted Hamilton's lifestyle contradicts his stated values about wealth inequality.

About this episode

In this episode of the PBD Podcast, host Patrick Bet-David and co-hosts Vinnie Oshana, Tom Ellsworth, and Adam Sosnick examined multiple controversies surrounding elections, international relations, and cultural shifts. The discussion opened with breaking news about California's voter ID requirements, revealing that gym memberships are legally acceptable forms of identification for voter registration according to the state's official website. This led to analysis of the Los Angeles mayoral race where Spencer Pratt lost an 8-point election night lead to Nithya Raman as late mail-in ballots were counted over subsequent days, with statistical charts showing improbable vote distribution patterns. The conversation expanded to compare California's week-long ballot counting process with Florida and Texas, which report results on election night. A contentious debate erupted over Israel-Iran relations following Trump's abrupt walkout from his Meet the Press interview with Kristen Welker, where he called the network 'crooked' after being pressed on election fraud claims. The Pentagon's recent elevation of Israel's espionage threat level to 'critical' sparked discussion about intelligence gathering by allies. Bet-David emphasized the complexity of Middle East alliances while Oshana pressed for accountability regarding Israeli actions in Lebanon. The episode also covered Formula One champion Lewis Hamilton's controversial podcast comments advocating for limits on billionaire wealth despite his own $500 million fortune and tax-avoidance residency in Monaco. The show concluded with enthusiastic discussion of the YouTube creator economy's disruption of Hollywood, highlighting how Kane Parsons' 'Backrooms' ($10 million budget, $150 million gross) and Curry Barker's 'Obsession' ($750,000 budget, $150 million gross) are revitalizing movie theaters while major studio productions like 'The Mandalorian' lose money. The hosts announced Trump's plans to attend the Knicks-Spurs NBA Finals game, debating whether his appearance during the Knicks' 12-game winning streak could be seen as bad luck if they lose.

Key takeaways

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