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Nobody becomes billionaire by working. You become a billionaire by exploiting others work.
Exactly…
Edit: I’m not saying they didn’t work but there is a limit of money someone can make working by themself, so at some point they start to delegate stuff to make more money, so yeah at the end start exploiting someone else to make more money.
Notch is a billionaire. He made Minecraft as a solo project, it became what it was, then he sold it to Microsoft.
Not saying that most billionaires didn’t get there via exploitation, but I don’t think it’s a strict prerequisite.
Ok but how much more money have made Microsoft with Minecraft exploiting other people?, I’m not saying they isn’t a billionaire I’m just saying at some point people start delegating work or like in this case selling it to someone who can delegate the work to make even more money.
You’re moving the goalposts though, you realize that right?
Your initial position was that you have to have exploited people to be worth a billion dollars (with an implicit “directly exploited,” since if you can’t make any money without indirectly exploiting people, which would make your point even more pedantic than I’m being.)
Other people later exploiting others to profit off your product is irrelevant. Hell, it’d be irrelevant if you made your billion dollars and then started exploiting people yourself. You still would have, in fact, become a billionaire without exploiting people to do so.
What about the billions Microsoft paid which are made off exploiting other people? Dirty money…
Wow you want to regulate private business? Sounds pretty woke /s
Read this idiots post history everyone
I don’t know, how does your butthole feel rn
I feel people still don’t understand how much a billion is. One Million dollars would still be life changing for most people here, but consider that 1 million seconds ago was 11 days ago, 1 Billion seconds ago was 31 years ago.
To put it in another perspective, a very bad investment would yield you 0.1% monthly. This means that if a billionaire was to invest money the worst way possible, he would have to spend over 1 Million dollars per month to ever decrease his fortune.
If you had an infinite money machine, that as long as you don’t spend more than a million per month it just keeps on growing, would you ever work? Yeah, thought so, billionaires are the same, they might have hobbies, and those hobbies might be something others consider work, but they’re not working.
I personally believe that if a person ever gets 1 Billion dollars he should receive a letter congratulating them for winning capitalism, and informing them that any cent above 1 Billion will be taxed at 99.9999% (including investments).
I’ve always liked the saying “The difference between a million dollars and a billion dollars is about a billion dollars” to really drive it home.
I don’t know any billionaires but I knew some extremely wealthy people and they def worked for it. One only slept from 1-5am, we knew because of their email and document edit times. Also had to supply them with satellite internet while they hiked up to my Everest base camp so they could keep working. Dude was intense but literally built an empire in his industry by himself.
People that were already multi-millionaires at birth? No idea.
This is also my impression of some billionaires. I found this article about the work ethic of some famous people: https://www.inc.com/business-insider/work-ethic-of-super-successful-people.html
I’m not buying 180 hour work weeks, that only leaves 38 hours or so for meals, bathing, etc. I’m not buying 100 hour work weeks for 24 years, either. I am curious what industries need graveyard shift receptionists that aren’t illegal industries.
It was interesting about the sports people, and may or not be believable.
Their hobby is working. Thats the difference.
I just don’t see how it’s humanly possible without artificial means and/or serious health consequences (mental and physical). Sleep deprivation is a torture tactic and causes serious issues. Even the gods rest in various mythologies.
My theory is that psychosis due to self-imposed sleep deprivation causes some of the crazier things Elon Musk does.
You’ve got me, there.
I think they were including things like travel and executive meals/networking as work time in the hours worked per week. I also assume these people really like their work (more like a hobby), which I can see making it easier to put in the hours. And at some point they can probably afford to pay for things that most of us do in our off hours (cook, clean, sit in traffic). So the numbers are definitely greater than butt in chair time.
Ok but 38 hours a week for sleep, hygiene? For years? Sleep deprivation alone causes serious mental and physical health issues and don’t just impact the sole individual. That’s deific, and I can see why the gods have issues, and they rest, according to the mythos.
That like 5 hours per night with 20 min to shower/get ready. Not great, but it can be done by taking meetings during your commute into work, having food delivered and eating/working at the same time. I assume that lady didn’t have kids during her time at Google (when she was working those hours).
Edit: Marissa Mayer did not have kids during her time at Google. She had her first after she’d moved to Yahoo. There are no mentions of her hours there, so I assume they were less (not as fun to put into the article)
I don’t think so…
