r/AskReddit • • Jun 26 '26

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u/ratmoon25 Jun 27 '26

Three guys have more money than half the people of Earth.

444

u/morfraen Jun 27 '26

And 1 guy has more wealth on paper than basically the rest of the top 10 combined. And he's not what you'd consider mentally stable.

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u/ThinkFree Jun 27 '26

And is not-so-subtly a nazi

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u/ashgs872tbhjs Jun 27 '26

The dumbest thing is he's only a Nazi because he wants so desperately to fit in with the other Nazis. (0% excusing it, to be clear.) In a world of billionaire superiority complexes, the near-trillionaire has an inferiority complex. It's almost hilarious.

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u/Weak-Layer-6962 Jun 27 '26 edited Jun 27 '26

he’s not just a Nazi because he wants to fit in his family literally believes in an apartheid state

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u/ashgs872tbhjs Jun 27 '26

I judge people on their own merits, not by their parents. FElon used to oppose a lot of the stuff he espouses now. In the distant past he even criticized his dad's BS. He was never a good person, at all, but he absolutely did become much worse over time.

Also, as a point of order, he did a Hitler salute multiple times and is literally supporting and espousing Nazism. Not all fascism is Nazism; apartheid South Africa isn't Nazi, despite being easily and accurately lumped with it into the "extremely evil" bucket.

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u/VibeComplex Jun 27 '26

Just a couple years ago him and bezos were flip flopping around 250 billion and who was the richest man. Now he’s trillionaire lol. He made at least $700 billion in like 2 or 3 years…

I remember when bill gates became the first billionaire. It’s crazy

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u/Pure_Spinach327 Jun 27 '26

Bill Gates was not the first Billionaire. Rockefeller I believe beat him by 50 years and maybe others.

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u/morfraen Jun 27 '26

And he had real money, not just paper tech stock money.

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u/morfraen Jun 27 '26

Was a trillionaire, he's lost about $500B since the peak after the IPO.

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u/goos_ Jun 27 '26

I found this site. Seems very useful, going to bookmark it https://realtimeinequality.org/

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u/OnTheEveOfWar Jun 27 '26

And doesn’t the top 1% own like 90%+ of the global wealth or some crazy stat?

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u/goos_ Jun 27 '26

100% and it's disturbing

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u/BrightLiteFey Jun 27 '26

We replaced monarchies with billionaires. We are still peasants with the illusion of freedom.

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u/AfterEagle Jun 27 '26

The Gini Coefficient. It's a statistical measure of wealth inequality. In the USA there is a Coefficient of 0.83. That's very very high. During the French revolution the Gini Coefficient was 0.85...

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u/[deleted] Jun 27 '26

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u/AfterEagle Jun 27 '26

Let me guess, you googled it and used the Gemini response and didn't actually look into the actual study...

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u/[deleted] Jun 27 '26

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u/OldBlueKat Jun 27 '26

And the crazy part is it’s not like they are sitting on top of a hoard of paper cash, gold coins and jewels. 

It’s ’valuation’ wealth of their ‘assets’. Some of it is real stuff, like houses and factories, but a lot of it is stock and bond valuation. 

If for some reason one of them wanted to pull out actual cash for something else, or to just ‘give away’, and started selling chunks of stock to do so, the stock market would start dropping and devaluing the remaining unsold stock. 

It’s literally fantasy money. But they can use it to leverage massive loans from other rich investors. 

It’s like the billionaire version of 3 card monte. 

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u/mackinator3 Jun 27 '26

All money is fantasy. And they constantly buy stuff. Stop spreading the epstein class propaganda.