JBly@lemmy.world to A Boring Dystopia@lemmy.world · 7 days agoElon Musk is now worth more than the 2nd richest man (Jeff Bezos) and the third richest man (Mark Zuckerberg) combined!lemmy.worldimagemessage-square50fedilinkarrow-up1314arrow-down15file-text
arrow-up1309arrow-down1imageElon Musk is now worth more than the 2nd richest man (Jeff Bezos) and the third richest man (Mark Zuckerberg) combined!lemmy.worldJBly@lemmy.world to A Boring Dystopia@lemmy.world · 7 days agomessage-square50fedilinkfile-text
minus-squareUmeU@lemmy.worldlinkfedilinkarrow-up19·7 days agoAnyone know how this is being accounted for? Which of his assets gained him like 200+billion in the last year? I know twitter lost value after he financed it through the saudis, so he must have gained somewhere else, anyone want to save me a Google?
minus-squarelime!@feddit.nulinkfedilinkEnglisharrow-up22·7 days agothis is stock value, and he gained the ~200B since the 6th of November.
minus-squareuebquauntbez@lemmy.worldlinkfedilinkarrow-up7·7 days agoSo if I own a single dollar and tell everyone it’s a trillion worth … does that make me rich or am I a fool?
minus-squarejj4211@lemmy.worldlinkfedilinkarrow-up2·7 days agoNo, it has to be something more imaginary than a dollar, and someone else has to actually give you a dollar for it while you claim it’s only one trillionth of the amount of imaginary things you could sell to people. Note a while ago a youtuber did a stunt to illustrate: https://www.youtube.com/shorts/8SYIksrZeu4
minus-squarelime!@feddit.nulinkfedilinkEnglisharrow-up14·7 days agoa fool, until someone believes you.
minus-squareSkunkWorkz@lemmy.worldlinkfedilinkarrow-up11·7 days agoA fool unless you can convince an entire market that it’s a trillion dollars worth.
minus-squarePlexSheep@infosec.publinkfedilinkarrow-up7·7 days agoLook up unlimited money limited. It was a real company
minus-squarecows_are_underrated@feddit.orglinkfedilinkarrow-up3·7 days agoMax Fosh is an absolute madman. Casually got the richest man in the world for like 2 days.
Anyone know how this is being accounted for?
Which of his assets gained him like 200+billion in the last year?
I know twitter lost value after he financed it through the saudis, so he must have gained somewhere else, anyone want to save me a Google?
Politics.
this is stock value, and he gained the ~200B since the 6th of November.
So if I own a single dollar and tell everyone it’s a trillion worth … does that make me rich or am I a fool?
No, it has to be something more imaginary than a dollar, and someone else has to actually give you a dollar for it while you claim it’s only one trillionth of the amount of imaginary things you could sell to people.
Note a while ago a youtuber did a stunt to illustrate: https://www.youtube.com/shorts/8SYIksrZeu4
a fool, until someone believes you.
A fool unless you can convince an entire market that it’s a trillion dollars worth.
Look up unlimited money limited. It was a real company
Max Fosh is an absolute madman. Casually got the richest man in the world for like 2 days.