this post was submitted on 11 Sep 2024
851 points (95.0% liked)
Facepalm
2685 readers
1 users here now
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
You don't get knocked down when you have as much money as he does. He could lose 99% of his money and still be one of the richest men in the world.
He could lose 99.999% of his wealth, and still be among the richest 1% in the world.
To be in the richest 1% worldwide you need to be a millionaire. He's worth $242 billion. If he only lost 99% of his wealth, he'd still be a billionaire, and still be 1000x richer than people who were merely in the top 1% worldwide. To be in the top 1% in the US you'd have to shave a 9 off that. He could lose 99.99% of his wealth and still be in the top 1% in the US.
You can get knocked down without being destroyed. Like if he were just forced from his CEO positions they would be great.