"Morbidly Wealthy": The world’s five richest men have more than doubled their fortunes from $405b to $869b since 2020—at a rate of $14m/hr—while nearly five billion people have been made poorer

Xer0 , 5 months ago

If you really believe in the words that you preach, get off your screens and onto the streets. There will be no peaceful revolution, no war without blood. You can say I’m just a fool that stands for nothing. Well, to that, I say you’re a cunt.

GladiusB , 5 months ago

r/Iam14andedgy

Xer0 , 5 months ago

sugma

Macaroni_ninja , 5 months ago

Whoa whoa whoa dude

wabafee , 5 months ago

Man that’s bad why aren’t people doing something about this. Me then proceed to continue doomscrolling.

Linkerbaan , 5 months ago

In their pockets flation

Yewb , 5 months ago

These are all paper gains if they would never be able to realize that money in reality.

Sentau , 5 months ago

Yeah but to achieve this paper gains I would wager a lot of people have been screwed out of their real money

rabiddolphin , 5 months ago

You can use paper gains as leverage for loans against the gains and get that sweet liquidity to pay for underage escorts at Davos

NaNABCV , 5 months ago

Oh be quiet. I bet you believe in pizza gate

nbafantest , 5 months ago

You still have to pay taxes on whenever you need income to pay those loans

Blackmist , 5 months ago

Just see how much they claim to be worth when we finally get a wealth tax.

Malfeasant , 5 months ago

Eat them!

Darkncoldbard , 5 months ago

Go ahead… right behind you

crsu , 5 months ago

Make billionaires extinct

Darkncoldbard , 5 months ago

You got a plan?

KredeSeraf , 5 months ago

Large mobs and guillotines seemed to work fine a while back. Larger mobs and guillotines should still do nicely.

bitwaba , 5 months ago

The fun thing about that is if you live in a western nation, you’re almost guaranteed to be on the chopping block for being in the top 10% of earners world wide.

reagansrottencorpse , 5 months ago

I doubt many or any of us own the means of production.

bitwaba , 5 months ago

People don’t act rationally when heads start rolling.

rambling_lunatic , 5 months ago

crimethinc.com/…/against-the-logic-of-the-guillot…

BigBananaDealer , 5 months ago

by making trillionaire the new milionaire?

fosforus , 5 months ago

Ok, so … Biden’s economic policies are worse than Trump’s were?

Or perhaps a tiny thing called war in Europe and worst pandemic in a century is having some teeny tiny effects in world economy. But when you detect a fire inside your house, it’s often smarter to use a fire extinguisher to douse it, not gasoline.

ShortFuse , 5 months ago

“When the firefighter arrived, 50% of the building was burned. When they left, 70%.”

Under your logic, firefighters used gasoline to burn the other 20%.

nbafantest , 5 months ago

Ok, so … Biden’s economic policies are worse than Trump’s were?

This is a cherry picked headline based on the stockmarket crashing immediately after covid/lockdowns hit. Its a good thing that Biden’s economy has fully recovered since then. There was no guarantee that we wouldn’t be in a depression after the lockdowns. The fact that the economy and stock market are back to normal after covid is not a bad thing, despite the scary sounding headline.

NaNABCV , 5 months ago

Thank goodness Biden is doing so much to combat this

UFODivebomb , 5 months ago

Can’t wait to read some idiot’s argument on why Trump is the right guy to fix this lol

AeonFelis , 5 months ago

Because he already demonstrated his ability to cut down generational wealth

oascany , 5 months ago

This is actually really funny

UFODivebomb , 5 months ago

Lol. Lovely way to introduce that fact. Excellent delivery! Going to copy you :)

SoylentBlake , 5 months ago

“Morbidly Wealthy”…“Economically Obese”…?

tacosplease , 5 months ago

Doesn’t morbid mean - dangerous for life? As in those parasites are looking more succulent each day. LOL

nbafantest , 5 months ago

Remember, any time you see this headline, they’re cherrypicking the date to after the richest men lost 50% of their wealth in the Stock collapse immediately after covid/lockdowns hit.

Gloomy , 5 months ago

I wanted to check this. It’s not true. At the start of 2020 he had about 25 Billion Net worth. It has gone up as much as 350 Billion in late 2021 and is at 227 Billion as of now. I included a graph that showed the progress untill mid 2023. So no. No cherrypicking.

nbafantest , 5 months ago

You can even see the dip in Elon’s networth in 2020 in this chart lol If they had started 1 month earlier, Elons net worth would have only 3x instead they cherry picked a date after Elon’s networth had halved, so instead it 6x’ed.

Gloomy , 5 months ago (edited 5 months ago)

I don’t see it. Like, honestly, I can’t see it. If you zoom in you can see months and years.

The major dip I see in 2020 was from around 50 billion in Feb to 25 billion in April.

His net worth right now is 227.8 Billion (the graph ends in early 2023)

So it’s either 9 x higher if you take the 25 Billion or about 4.5 times higher if you take the 50 Billion. So they took the highest number.

What are you on about mate?

nbafantest , 5 months ago

I don’t see it. Like, honestly, I can’t see it. If you zoom in you can see months and years.

The major dip I see in 2020 was from around 50 billion in Feb to 25 billion in April.

Hey! You found when they cherry picked the dates for this headline! Congrats!

Illuminostro , 5 months ago

#guillotines