Thinking the stripper likes you, thinking the streamer/tuber cares about you, thinking the politician cares about you, thinking the celebrity is genuine, etc.
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Not exactly though. Most billionaires don’t have billions liquid. It’s from them making millions in business and then investing in stocks, ETFs, and buying existing businesses.
Is Mr. Wonderful evil?
Few billionaires just make money off the backs of middle class workers directly. In China where they pay workers like $5 a week and they can’t leave…that is evil
In the USA it’s mostly from portfolio growth and they then borrow against what their portfolio is worth for tax free cash.
So if I start a business, save up 20mil, sell the business for 40mil, invest all my money, my investments do incredibly well and become worth over a billion, I’m evil?
24 Comments
zewm@lemmy.world · 48 pts · 91d
Every Trump supporter.
cattywampus@lemmy.world · 21 pts · 91d
SkyeStarfall@lemmy.blahaj.zone · 1 pts · 90d
diffaldo@lemmy.dbzer0.com · 9 pts · 91d
They are temporarily emberassed millionaires.
tomenzgg@midwest.social · 20 pts · 90d
Companies, instead of people, but the premise still applies.
binux@sh.itjust.works · 5 pts · 90d
Saturn devouring his son but nonchalantly
backalleycoyote@lemmy.today · 3 pts · 90d
Jesus on the cross: “My God, my God, why have you forsaken me?”
God: [ignore call]
ClownStatue@piefed.social · 19 pts · 91d
How millionaires look defending billionaires who don’t give a fuck about them.
cattywampus@lemmy.world · 18 pts · 91d
bridgeburner@lemmy.world · 11 pts · 90d
And since today, we now have trillionaires! Ain't that great? /s
diffaldo@lemmy.dbzer0.com · 10 pts · 90d
We made it! 🎉🎉 its gonna trickle down soon..
krisevol@lemmus.org · -3 pts · 90d
On paper. Not money.
bitjunkie@lemmy.world · 7 pts · 90d
What do you think money is?
krisevol@lemmus.org · 2 pts · 90d
It's the paper with US presidents on it.
darthsundhaft@piefed.social · 6 pts · 91d
Thinking the stripper likes you, thinking the streamer/tuber cares about you, thinking the politician cares about you, thinking the celebrity is genuine, etc.
Fredselfish@lemmy.world · 4 pts · 91d
And all the people sad Setywer the billionaire that didn't win California primary.
StarvingMartist@sh.itjust.works · 3 pts · 91d
Where are y'all seeing this?
FistingEnthusiast@lemmy.world · 4 pts · 91d
'Murica
The land of stupidity
janewaydidnothingwrong@lemmy.world · 2 pts · 91d
waz@feddit.uk · 5 pts · 91d
IDGAF if you think that, but you still understood it? Maybe it does.
HeHoXa@lemmy.zip · 5 pts · 91d
You're entering the vicinity of an area adjacent to a location. The kind of thread where there might be a typo, or some kind of weird acronym. Prepare to enter... The Scary Post
Clinttoris@lemmy.zip · -3 pts · 90d
Are billionaires inherently malevolent in your mind?
IAMgROOT@lemmy.wtf · 11 pts · 90d
yes, and in real life too
WorldsDumbestMan@lemmy.today · 7 pts · 90d
You have to be a monster to get to billions. The only way to get that much money, is simply to sap it from other hardworking people.
Clinttoris@lemmy.zip · 2 pts · 84d
Not exactly though. Most billionaires don’t have billions liquid. It’s from them making millions in business and then investing in stocks, ETFs, and buying existing businesses. Is Mr. Wonderful evil? Few billionaires just make money off the backs of middle class workers directly. In China where they pay workers like $5 a week and they can’t leave…that is evil In the USA it’s mostly from portfolio growth and they then borrow against what their portfolio is worth for tax free cash.
jve@lemmy.world · 5 pts · 90d
Yes.
Clinttoris@lemmy.zip · 1 pts · 84d
So if I start a business, save up 20mil, sell the business for 40mil, invest all my money, my investments do incredibly well and become worth over a billion, I’m evil?
jve@lemmy.world · 2 pts · 84d
So to be clear, in this hypothetical, your investments netted you a cool 2500% return, and then you hoarded all the money for yourself?