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Meh I know this one.
I like, If you earned $2,000 a minute, for every minute of you simply existing you would be a millionaire by halfway through the day, but to be a billionaire it would take you a full year of $2,000 a minute.
To be Jeff Bezos wealthy it would still take you 195 YEARS OF MAKING $2,000 A MINUTE
And how wealthy would he be by then
Yeah because making it isn't only about just waiting for time to pass and money to come it, it is also about compounding.
That meme needs to be updated, it's $11,000 per hour since the birth of Christ now...
You could confiscate 99.9% of the wealth of the top 100 richest people in the world, and they would all still be wealthier than 99% of the world's population.
100% why it needs to happen.
Obligatory visualization: https://mkorostoff.github.io/1-pixel-wealth/
Jesus fucking Christ
seconded.
I have a mousewheel which I can unlock for it to just spin freely. And that still took me way longer than expected.
I just wish I were the sort of person to advocate for violence, because I think it might be useful in dealing with this issue, but I'm not, so I won't.
I am, and I will. Violence isn't always the answer. But it is a solution to this particular problem.
Most definitely.
How do I page right
And this ... is after his ex-wife took a portion of it?
You wouldn’t even make the top ten richest people in the world list.
"BuT hE's WoRtH tHaT mUcH bEcAuSe Of AlL tHe HaRd WoRk He'S bEeN dOiNg!"
You tell that to his delivery drivers who can't even scratch their nose while driving or that 1984-dystopia-esque automated surveillance system he puts in their vehicles flags it as "distracted driving" and punishes them.
Oh and they don't even make enough to raise a family.
Not to defend the ultra-rich, but even most CEOs of small, shitty companies will not consider their employees' well-being for one second if they they can the line go up for another half milimeter. It's not helpful to consider just the most extreme cases like Bezos as "bad" and the low-tier ones as "not quite as bad".
There is absolutely no amount of hard work that deserves that much money, absolutely none. You could run a marathon every single day for 50 years and I still wouldn't say you deserved that much money.
Those fucking people man...
Tell me again how these CEOs with multi-million golden parachutes were worth that if they're bailing from a company they failed?
Elon is the prefect example of how little actual work a CEO does.
What does Elon do all day? Be a piece of a shit on Twitter. If CEO work was so demanding, there would be no way Elon would be the CEO of three different companies, chairman of the Board and CTO of one company, and a president of a "charitable" organization.
Reporting by The New York Times found that in 2022, the Musk Foundation gave away $230 million less than the minimum required by law to maintain tax-deductible status, and that in 2021 and 2022 over half the foundation's funds went to causes connected to Musk, his family, or his businesses.
Because them saying they're "worth" that is just mental gymnastics to make themselves feel better about abusing the position of power to leech as much money from as many people as possible for themselves.
They don’t need to make enough money to raise a family… they don’t get enough time off to do so in the first place.
By the time Harris or Trump finish out the next presidency you'll be poorer and he'll be making $10,000,00 an hour.
I think you missed a zero there
Right you are. Luckily it appears most people can derive my meaning by context.
But I'll edit it if that missing zero is too confusing for you.
There's no need for that attitude. Keep your sarcasm and defensive knee jerk reactions on reddit.
He doesnt make that in actual money tho. Rich people's value are vibes based egregors summoned through the stock market. So, in a similar vein, if the stock market crashes and never recovers, he loses most of his money. This is why I propose ripping down Wallstreet to starve the machine.
If you can borrow against that at any time you want (read: 90% of billionaires), then you have that money effectively liquid and untaxed.
Then they will take out a bigger loan to pay off the existing loan and as such, pay almost nothing in taxes, the stocks that they borrow against grow faster than the interest on their loans, and they can repeat this process until they die where their debt just gets eaten by taxpayers because they transfer assets at the right time to children and then their estate will pay back the debt after death (just transfer stock ownership to lenders probably)
Even if the stock market crashes during this time, they can declare bankruptcy, free themselves of their debt, and then sell assets and they already have a huge golden elevator ready to bring them back up.
He'd still have a lot of property to his name, a lot of other assets and stuff that aren't tied to an arbitrary stock market. Even if you crash it, mansions and luxury cars would still be very valuable. He will never not be a billionaire due to that.
That is, unless you redistribute his wealth. Then yeah, he wouldn't be filthy rich anymore.
$124,111,680,000 if you’re curious (24x365x2024x7000).
$124,194,137,760 if you want to account for leap years (365.2425 days / year)
Did you omit the leap years when a year is divisible by 100 (but not 400)?
Yep, that's why the decimal is .2425 instead of just .25
Still puzzles me why everybody's still shopping at Amazon.
Convenience
Yeah, especially if you don’t have a car. Going across town to buy one little knick knack can be an all day affair, with 2 public transit fares included.
This may explain why Amazon is much more popular in North America than Europe: public transit. So if you want to stick it to Jeff, work for better public transit and more walkable cities!
Sadly not having a car is my big reason. Bus stops don't always get me where I could grab the items I need... and fuck I hate amazon.
Yeah, convenience is a big deal, but I think it's time for people to grow a conscience and take an inconvenience if it means not supporting assholes like bezos.
Convenience is an umbrella term. There are a thousand different reasons people choose convenience and not all of them are synonymous with laziness. Single parents, working multiple jobs, with disabilities that limit mobility, lack of a car, not enough time to make a trip on public transit, lack of public transit options in their area, and countless more.
The ability to just choose to take a bunch of extra time, or take a car to go pick up an item, is a luxury and a privilege. And all that just to spite bezos and make you happy? Not reasonable.
They're getting worse. Packages are always late, reviews can't be trusted because they are mixed with unrelated products and can be bought anyway. At this point it's momentum that's keeping people there.
They're top on my list of companies I don't cater to:
Amazon Walmart Chick-fil-A Temu and those like them