earned it all

Anti-Corporate Movement @lemmy.giftedmc.com

earned it all

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Bezos makes ~$2,500 every SECOND. His big idea? Get a bunch of funding to heavily undercut local bookstores and operate at a loss while destroying local businesses such that he could take over as a near monopoly. And it’s highly doubtful that it was his idea, but it worked because when you’re willing to cheat against those not willing to do the same you’re gunna win.

Here's the math since I was curious
1492 was 194,440 days ago * $5000 = $972,200,000
Forbes put bezos at $209,000,000,000 for 2025
- The author of the tweet didn't go far enough. Should have gone for for 1 million USD instead. Even if you made 1 000 000$ every day, it would still not be enough.
  Absolutely insane.
  
  shit, I was about to write that you overshot by a few zeroes, and then I looked closer and put the commas and everything, and you're right: 194,440,000,000.
  
  Well it says that you wouldn't even be a billionaire. That's right up against the limit for being a billionaire.
  But yeah bezos has over 200x that money
- nEt WoRtH iS nOT sAlaRy
- I feel like compound interest would be important here
  
  It cracks me up that compound interest gets raised every time someone makes an argument about just how much money billionaires have. As if the only reason we're not billionaires is because we were too dumb to invest the $5,000 we've been making every day since Columbus sailed the ocean blue.
  
  When did compound interest even get invented?
  
  No it isn't because it's an imagery used to show how absurd that amount of money is. 5000 a day is easy to grasp and a few hundred years is easy to grasp.
- I'm more interested about the 5k/d. That must be excluding compound interest. Like, all the money if just being stuffed into mattresses, or something. OTOH, having your money in a bank account might have reset you to zero in 1929.
- Yeah but what if you have compound interest?
- Does this account for inflation?
  
  Can you even do that since this is before USD was a thing
  
  Inflation makes the money you earned longer ago worth less, so it would be an even less amicable comparison.

Whenever a capitalist says he got wealthy through hard labor ask him whose.

Conservative logic: Giving poor people a small amount of money will cause them not to work, whereas passing laws that benefit billionaires will cause them to create jobs.

If you made 7000 dollars every hour since Jesus was born, you would still not have as much money as Jeff Bezos.

Here is Bezos' wealth represented to scale.

It’s a mental illness
- Maybe but there are also lots of people with mental illness who manage it and are still decent people. Not every sociopath is a serial killer but every billionaire is fucking evil. The decision to acquire great wealth at other's expense and use it only for yourself is something else.

It makes me think of hoarders. It just happens to be the case that money is universally sought-after, and so we think "it make money, is good!" But it's not much different from someone with stacks of ancient newspapers filling 98% of their living space. It's not like Jeff could actually spend all of that money even if he wanted to. He has more than he could ever need to live the most lavish and privileged of lifestyles, including giving the same to several generations of his offspring. He could still go to space and do all that crazy shit with 10% of what he has in his bank account. It can't be normal.

Bezos does not make a billion dollars in a week, unless you count certain short term gains based on random variation of the stock market, in which case he also loses a billion dollars in some weeks.
- That poor man. How does he cope?
  
  ikr. I'd just die of embarrassment if i made less than $150B in a few years.
- Over the last 6 years he's gained ~150B. That puts it at 410M per week on average over that time period.
- So how much does he profit off of amazon every week?