this post was submitted on 09 Aug 2024
1030 points (98.0% liked)

World News

39102 readers
2249 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 7 points 3 months ago (1 children)

Right. You do have to still be smart enough in some way to retain the money/power. Or lucky/connected enough (daddy is watching out that dumb-as-rocks junior doesn't blow all of his $100m, etc)

[–] [email protected] 25 points 3 months ago* (last edited 3 months ago) (2 children)

If you earned 100m in your lifetime, you've only had a 10th of a billion dollars.

Musk has hundreds of billions of dollars.

That's a very, very big difference. He could literally set aside enough money for 10 very wealthy life times, and not even make a dent in his play money.

[–] [email protected] 4 points 3 months ago

I'd call earning 30 mil over 60 years "very wealthy," which would net you 3333 lifetimes at that rate out of 100 billion.

Starting at 18 years old At that rate you could pay off a 3 bedroom house in a major city before you were 21. Even if you had to work 8-6, 6 days a week for that money you could probably retire by 40 years old.

[–] [email protected] 1 points 3 months ago

That's a good point.