this post was submitted on 15 Sep 2024
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[–] HelixDab2@lemm.ee -1 points 2 months ago (2 children)

Musk is the richest person in the world, AFAIK. I believe he's rapidly approaching trillionaire status.

[–] FuglyDuck@lemmy.world 5 points 2 months ago* (last edited 2 months ago) (1 children)

That. You. Know. Of.

Again. He’s not the richest man in the world. He’s the richest man in the world that is dumb enough to talk about it.

[–] HelixDab2@lemm.ee 1 points 2 months ago (1 children)
[–] FuglyDuck@lemmy.world 1 points 2 months ago

that they know of.

You can link any news agency you want. It will always come down to "that they know of."

most rich people will use tools to hide their assets (maybe not from the government, but from the public). Financial information- including stocks, general banking, companies they own or whatever. other assets these are generally confidential. The only really common exception is real estate, but there's ways of hiding ownership behind companies, trusts, or such. there are entire lawfirms dedicated specifically to doing just that.

People like the Rothschilds or Rockefeller families, and others... They don't advertise. They don't share that information, and they take extensive measures to ensure their privacy.

One of those measures is not talking to Forbes and telling them how much cash they have in assets.

So whenever reading that list. Always add that line: "the richest person dumb enough to brag about it" Because honestly, bragging about it like musk or bezos do... is really freaking stupid.

[–] aniki@discuss.tchncs.de 5 points 2 months ago (2 children)

That's fake money. Rockefellers and Rothschilds have real money. As in capital and assets.

[–] FuglyDuck@lemmy.world 2 points 2 months ago

I wouldn't call TSLA shares not an asset.

I would say those shares are significantly over valued. only reason they haven't already collapsed is because of all the fanbois still sucking musk off.

[–] HelixDab2@lemm.ee 1 points 2 months ago

When you're talking about 'richest people', that's total wealth, not just liquid money. The Rockefellers and Rothschilds may be wealthy as families, but no individual within them even comes close to having the amount of overall wealth that Musk and Bezos have.

This is not a good thing, BTW.