I wish the media wasn't so focused on stuff like this. It's only feeding their egos and driving them to even further to out compete each other in the worlds biggest a-hole contest.
For every musk or bezos there are a hundred billionaires whom we've never heard of and who are just as greedy. I don't think it necessarily changes much
Yeah I always think that we know their wealth because it is in shares of publicly traded companies but you know it’s some Saudi oil baron or Russian Oligarch that is actually wealthier. My guess is probably Putin takes top spot and then the Saudis.
Most rich fucks use LLCs to hide their ownership of assets. (At least, from the public.)
If they’re privately owned, then there’s little functional difference, but you can use them to avoid reporting requirements (ie in a hostile take over.)
But then, also, there’s a lot of random LLCs on a random company’s ledger. Some of them are investment firms, and such, but some are also the assets of people like bezos or the Rothschild family.
Imagine losing to someone even though you are rich.
If I had all that money I'd just have more than Jeff.
Honestly this is a no brainer. I wouldnt want to be second richtet person. Either richest person or nothing at that point.
Id just give away all the money and retire. Better thsn only being second
A lot of these net worth increases are from the rising value of companies whose shares they own a lot of (e.g. Amazon in Bezos's case)
Many people aren't interested in a life of leisure. They want to create, achieve, and strive. In the same way that someone may want to spend more time creating art, people like Bezos and Musk want to spend more time creating companies that build and make things. Both of them spend a lot of their time on passion projects having to do with space travel, for example.
So the question is: okay, you make your billion and you retire. What then? Lie around and watch TV and stuff? A lot of people are not interested in that.
The part about continuing to make stuff I understand, the fact that they continue to harm others in order to squeeze every last drop of additional money out of everything is the part I’ll never understand
He built his business by scamming warehouses... They're both dirt. Bezos just isn't as insecure and doesn't try to gloat where everyone can see his insanity.
After clicking OP’s body link I now know that the CEO that sits over Hennessy is the 3rd richest man in the world and has more money than Mark Zuckerberg. Weird.
It's a conglomerate with many of the really big French luxury brands: LVMH.
The LV is for Louis Vuitton, the M for Moët, and finally H for Hennessy. And they have many other $$$ brands under their umbrella.