Billionaires 7 years ago:
https://web.archive.org/web/20171004002738/https://www.bloomberg.com/billionaires/
Billionaires today:
kamala harris’ proposed tax on unrealized gains seems like a great idea rn
And that’s just the wealth that we know about
That’s 18 people who own about a tenth of the US GDP. Something needs to be done, and soon.
That’s 18 people who own about a tenth of the US GDP.
Okay, sure. But that’s bad analysis. GDP is annual and net-worth is lifetime total. That’s also global wealth, not US-domestic (four of them aren’t even American).
Agree with the sentiment, but we should really be talking about global wealth not national income.
Something needs to be done
Well yeah it’s not apples to apples, I was just going for another massive dollar amount that was recognizable to give a sense of scale.
Hey, look, I found the thing the US is still number 1 at!
There are probably several Russian Oligarchs missing from this list because their wealth is mostly dark money. Rumor has it Putin is the wealthiest man in the world and has been for some time.
If my math is correct and we taxed everything over 100 billion at 100% we’d get over 900 billion in taxes. Nearly a trillion bucks if we limited these assholes to a measly 100 billion.
A trillion bucks, but not in cash; in shares of those companies. Try to sell it all for cash and you tank the share price. People lose their jobs, pension funds that own shares in those companies lose value.
That’s the trouble with taxing wealth. It’s not liquid like income. All that net worth is tied up in the companies and not easily accessed.
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I think it should be legal to murder a billionaire. They either have to pay for private security they can’t fully trust and always worry about being killed, or they can give away their money until they’re under a billion.
How has musk maintained his companies’ valuations? Particularly Tesla.
Blatant fraud
If only we could combine Jim, Alice and Rob into a single entity called The Waltronzoid, we could easily defeat all the other billionaires by creating a bazillionaire.
I think what’s fantastic about it is of they acted just as crazy as the other billionaires like Musk and Bezos where they decided they wanted to go to space. Then we could make fun of people blowing up their Walmart brand space ship and be like “what did you expect?”
Eat the rich!
I’ll take a #8, with fries please…
But there’s nobody to prepare the fries. The economy has transformed entirely to eating the rich…
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Save me a teriyaki one
Ugh, I hate ladderboards for games with cheaters and exploiters on top. Where are the moderarors?! I demand a refund.
Socioeconomic weeds choking out the rest of us.
Utter ignorance is how we find ourselves with so many morons admiring the thistle in the garden for its pretty purple flower. While economists stand around debating the merits of these weeds by divining dogma to give meaning to weeds natural stubborn deep roots.
Looks like Sam Walton would be atop the list had he figured out immortality.
Probably would top this list as the most decent person of the bunch too. He wasn’t a saint, but I haven’t seen evidence that he was rotten to the core, either.
Oil princes are far richer than this
Pardon my ignorance. I dont follow these kind of news. BUT, why the hell is musk is no 1? What has he done? Last i heard this manchild is running down twitter, tesla with cybertruck fiasco. Is it from spacex?
I mean, zuckerberg and bezos basically create meta and amazon.
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