World News

They make more money because they already have so much money. At those levels, the money makes itself.

No they don't really do that either, they pay people to do it for them.

It's also impossible to work hard enough to "earn" a billion dollars. Billionaires are billionaires because they stole the wages and wealth from the workers who helped them succeed. None of them "earned" it because it's literally impossible to be such a good worker that you're worth a billion.

They shuffle around money to do things for them and sometimes that makes them more money.

Slight clarification: they pay people to shuffle money around to make them more money. It's all automated at this point to ensure they don't have to do anything.

The only German in the top 10 of the richest Germans that didn't inherit that spot is the founder of Biontec - and while he did a great job there it's just sheer luck that the pandemic hit when it did

Incoming Republicans who live in a trailer park to get upset at you over talking shit about something only the rich own

It's closer to more money than your entire extended family will earn in the next 50-100 generations of your family combined.

Good spirit in your comment, but it demonstrates the fundamental disconnect in how humans perceive vast sums of wealth. A YouTube personality, Tom Scott, did one of the best jobs I've seen of making this concept digestible for people, worth a watch: https://m.youtube.com/watch?v=8YUWDrLazCg

that's more money than you will ever earn in several lifetimes of actual work.

Imagine you earn 20 dollars an hour, ten hours a day, work five days a week, two weeks vacation so that's 50 weeks a year.

20 x 10 x 5 x 50 = 50,000 per year. All your expenses are covered for some reason.

To earn a million dollars you would need to work 20 years.

To earn a billion dollars you would need to work 20,000 years.

To be as rich as Elon Musk is now, you would need to work ~~3.7~~ 4.28 million years .

e: updated Musk number.

It seems like there is definitely an upper limit to the amount of money you can make from actual work. That doesn't seem fair

If you earn $100 an hour, and worked every day for 8 hours, and never spent anything, you'd have to have been working since 1400BC to earn a billion dollars.

Good thing Ocean's Gate already started that process for us.

Jack Ma didn't get knocked down because he's rich.

It was because he pissed off the CPC.

Not that I want to defend any mega-rich person, but he seemed to be using the influence that his wealth allowed him to speak out against actual oppressors.

Yeah, democracy my ass lol

You're saying that like it's a unique problem to the West. Do you think Asian billionaires don't have extra rights and latitude?

Musk, Gates, Bezos, and Zuckerberg all had multi millionaire parents that gave them "small loans" that catapulted them to billionaires. Now their fortunes, made in our lifetime by the labor of others, will be locked up for the next 400 years while people starve or die of preventable and treatable diseases.

Edit: Removed a raping skunk.

It still needs to be repeated over and over since people are absolutely opposing a higher inheritance tax thinking it would influence them inheriting their grandma's house because that's how those populists are usually spinning it...

Ikr? Everyone today grinding for that "generational wealth" and I honestly don't see why. Do people really want more spoiled brats in the world?

Imagine working so hard, you end up getting birthed by a billionaire! Keep pulling those bootstraps peasants!

Hey!! My dad worked very hard to inherit his wealth from his father, so I should benefit from that too! - billionaires

I think a scaling inheritance tax that accounts for all assets could work

I don't think inheritance should be illegal, but there should be a wealth cap.