The world’s wealthiest eight men control net wealth of $426 billion, based on estimates from Forbes.
Took me until this sentence to realize this article was from 2017. Muskrat is getting close to that all by himself - I saw something the other day that had him around $350 billion.
I’m sure the numbers are much much worse than they were 8 years ago.
Elon musk has between $470B-$500B to his name, according to bloomberg and forbes. That would make him richer than the world’s wealthiest 8 men in 2017.
That is not cash though. That is accumulated paper assets. I know people with million dollar net worths on paper that are broke in reality. As in unable to pay their bills. Assets and liquidity are separate things.
While I understand the point of rampant enshittification and capitalism, I thought that needs some clarity.
Took me until this sentence to realize this article was from 2017. Muskrat is getting close to that all by himself - I saw something the other day that had him around $350 billion.
I’m sure the numbers are much much worse than they were 8 years ago.
This list doesn’t include hidden wealth does it? Like Putin for example.
Elon musk has between $470B-$500B to his name, according to bloomberg and forbes. That would make him richer than the world’s wealthiest 8 men in 2017.
https://en.wikipedia.org/wiki/Wealth_of_Elon_Musk
I am totally on board this is my pre face.
That is not cash though. That is accumulated paper assets. I know people with million dollar net worths on paper that are broke in reality. As in unable to pay their bills. Assets and liquidity are separate things.
While I understand the point of rampant enshittification and capitalism, I thought that needs some clarity.
Top 3 today are just shy of 1 trillion dollars…
Yes. Yes they are.
Hasn’t the USD also decreased in value since then? Actually a good way to “make more billionaires”