Short for âplutocrat,â i.e. a person whose immense wealth provides them with outsized power within society, both through political and non-political avenues. âPlutesâ has gained usage in recent years as the debate over the influence of billionaires has risen to the top of our political discussion, especially on Twitter. Anand Giridharadas, a prominent political commentator and author of the book âWinners Take Allâ recently used the phrase âPlutes gonna pluteâ in a livestream for the New York Times.
Michael Bloomberg said he bought Democrat victories in the 2018 election? Lol. Plutes gonna plute.