Let's all celebrate!

Start here
Post Reply
User avatar
Admin
Site Admin
Posts: 832
Joined: Thu Dec 22, 2022 2:42 am

Let's all celebrate!

Post by Admin »

Rich people are getting richer, faster. Yay!

https://www.stuff.co.nz/business/money/ ... lf-of-2023

A trillion US dollars.

Just six months of their profits would solve world hunger several times over.

Ho hum.
User avatar
arthwollipot
Posts: 451
Joined: Sun Jan 08, 2023 11:20 pm

Re: Let's all celebrate!

Post by arthwollipot »

Except they can't use it for that because it's all tied up in assets and in majority shares in successful companies. They could sell off their shares to liquidate that virtual wealth, but can you really see Elon giving up his controlling interest over SpaceX and Tesla?
User avatar
Admin
Site Admin
Posts: 832
Joined: Thu Dec 22, 2022 2:42 am

Re: Let's all celebrate!

Post by Admin »

Like hell he would. The only charity Musk is interested in is one that benefits Elon Musk.
Post Reply