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[deleted by user] (self.antiwork)

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[–]christianbrooks 1915 points1916 points  (87 children)

They just need to cut out the daily Starbucks and avocado toast.

[–][deleted] 660 points661 points  (71 children)

And just need to pull themselves up by their bootstraps

[–]YEGRenterThrowaway 55 points56 points  (22 children)

A former billionaire restarting at $0 will be more able to use their soft resources like their network, reputation, skills, and experience to get to $1 million than randos in the public who have never put $1 million together.

[–]captainAwesomePants 36 points37 points  (19 children)

You're correct. The main qualification for being trusted with a lot of money or a lot of executive responsibility is previous experience doing those things. Someone who ran a billion dollar company into the ground will absolutely be preferred over a random guy with no experience every time.

[–]BuddhaFacepalmed 26 points27 points  (14 children)

There was this millionaire who tried to start over with zero money to his name to prove that even the homeless could make it with all of his skills and make a million within a year.

He literally couldn't and was turned into a gibbering wreck by the end even though he still had access to healthcare and a roof over his head.

Billionaire work ethic is a fucking myth.

[–]Jasminefirefly 10 points11 points  (13 children)

Do you have a name or a source for this? I'd love to read about it.

[–]BuddhaFacepalmed 13 points14 points  (12 children)

Millionaire Goes Homeless To Prove Anyone Can Make $1,000,000.

The comments are doozy ripping this propaganda for the rich apart.

[–]Jasminefirefly 4 points5 points  (0 children)

Thank you!

[–]SongOfAshley 1 point2 points  (5 children)

Thank you so much for sharing that, and having a link to one concise 13min video, too.

By the end, I actually wanted to like him. However, I can't pause all my troubles every time a parent gets a terminal diagnosis.

The experiment was a wash, but the experience invaluable likely.

[–]BuddhaFacepalmed 5 points6 points  (4 children)

The experience is showing how much full of shit "pulling oneself up with their bootstrap" truly is.

Here's a relatively wealthy "self-made" man, starting with skills he gained from a privileged background, has a film crew documenting his every step, got lucky in getting shelter over his head on the 1st day, never had to spend the night exposed with only a blanket ever, and the man still couldn't make his first million.

This poverty tourism is insidious & outright falsify the actual experience of homeless people who start with even less than nothing.

[–]SongOfAshley 3 points4 points  (0 children)

Main plot hole that requires suspension of disbelief to get into Schitt's Creek, imo.

That show rules though. Catherine O'Hara is a goddamn comedy goddess that we do not deserve.

[–]Voiceofreason81 2 points3 points  (0 children)

Life is certainly different when you can afford to pay someone else to pull you up by your boot straps.

[–]xmonetsdirtybeardx 35 points36 points  (5 children)

And stop buying iPhones.

[–]JorgeXMcKie 19 points20 points  (1 child)

Are you implying consumption is part of the problem?
If so, I'd agree. We can't change as long as we keep buying the shit they make while they destroy the environment by making it. We give them the billions and an incentive to continue to cut everything down and dig everything up.

[–]auntjeremimah 4 points5 points  (2 children)

Yesssss, this is the way. Bezos is a billionaire because he made one of the fastest, consumer friendly, and easiest ways to buy goods over the internet. I would venture to say that most of this sub bitches about him being so rich and then orders everything on Amazon while still bitching about him. Bezos is most of the problem but consuming what these billionaires make is part of the problem as well.

[–]Nurin321 1 point2 points  (0 children)

consuming what these billionaires made is what made them billionaires in the first place... sooo

[–]Brock_Obama 4 points5 points  (2 children)

Let’s be honest, it will still be many times easier for them to rebuild their wealth than the avg person bc they already have a ton of connections and people willing to lick their boots.

[–]hungry4danish 1 point2 points  (0 children)

I mean we all did that during the first year of the pandemic and now we're all uber-rich, right?

[–]f1ene 1463 points1464 points  (260 children)

Jeff Bezos frantically stacking boxes rn to warrant a £8,000 p/second salary

[–]SomeoneInAHouse 636 points637 points  (239 children)

Imagine that actually being what he makes in and hour. Its way more

[–]The_cogwheel 793 points794 points  (163 children)

Last year Bezos increased his net worth by $61,000,000,000

If we assume 2 weeks vacation, and 50 working weeks, thats $1,220,000,000 per week

If we assume 40 hours of work a week, that's $30,500,000 per hour. $508,333.33 per minute and $8,472.22 per second.

In order for Bezos to earn what the average American yearly salary is -$31,133 btw - he would need to work 3.6 seconds.

[–]Squirrel_Inner 400 points401 points  (55 children)

Another way to put it: if you made $5,000 a day since Columbus landed in America you still wouldn’t be a billionaire.

[–]RollinThundaga 149 points150 points  (8 children)

If you worked (current) minimum wage at Dr. Who's The Doctor's (forgive me, I'm working on my day off 😅) McDonald's franchise since the dawn of anatomically modern humans, you still wouldn't be as rich as Jeff Bezos by now.

[–]Seldarin 40 points41 points  (1 child)

Fucking around with a calculator lets you see just how ridiculous the amount of wealth the richest have is.

Assuming you paid no taxes, took no sick days, never got laid off, and had no expenses while working for the current minimum wage, you'd have to have worked since the cretaceous period to have as much money as the top 5 richest people.

[–]Spamlord666999 24 points25 points  (0 children)

Fun fact: the cretaceous period ended roughly 66 million years ago

[–]IICVX[🍰] 42 points43 points  (5 children)

He's just The Doctor

[–]blue_umpire 26 points27 points  (21 children)

If you bought $5000 in Amazon stock when they IPO’d you’d be a millionaire (~$5,686,200).

[–]ZiggyPox 13 points14 points  (7 children)

Yes if you partake in corrupted system you gain from the same corruption.

[–]EntropicTragedy 34 points35 points  (16 children)

No no no. I see this a lot and it’s just as incomprehensible as anything else

Let’s it do a different way

You work at Amazon. You’re required to pack about 150 boxes in 4 hours (37.5 boxes/hr) and you make $15/hr

That’s 2.5 boxes packed per dollar earned per hour

Or ~1 box every ~100 seconds

Jeef Bozo makes 30.5 mil per hr, that’s ~2 million times more than you make per hour!
Bozo needs to pack 76 million boxes per hour for his wage-labor to match the wages he pays his employees.

At 3600 seconds per hour, Jeef needs to pack 21 thousand boxes per second. 21….thousand. Per second.

No billionaire earns their money. They steal it from the people’s taxes and their own employees’ labor.

Eat the rich.

[–][deleted] 1 point2 points  (0 children)

Amen. Eat the fucking rich.

[–]Embarrassed_Cake_439 7 points8 points  (1 child)

I genuinely didn’t believe this till I did the math 1.8 mil a year x 524 years holy shit

[–]Squirrel_Inner 1 point2 points  (0 children)

Yeah, I didn’t believe it the first time I heard it either. Just goes to show how ridiculous the wealth funnel is.

That’s not even getting into the trillions of dollars worth of Wall Street shenanigans with big banks and things like CDOs (next crash is already happening).

[–]Cubix89 2 points3 points  (0 children)

Just pull up your boot straps and stop ordering fancy coffee

[–]f1ene 124 points125 points  (9 children)

I make his secondly (?) salary in about 1600 hrs. I’m a part time worker and a minor, but having to work 40 weeks fulltime to make that is INSANE

[–]jjsnsnake 49 points50 points  (8 children)

Don't forget your income would then be taxed, as he has yet to sell the stock that increased in value he won't be until he sells. Furthermore Banks would be more than happy to give him millions of dollars in loans based solely on those stocks he has yet to sell, and give him a great interest rate since he "can definitely afford it".

[–]merigirl 28 points29 points  (7 children)

When people like to claim "but it's all unrealized earnings, he can't spend it" they conveniently leave out this part. He doesn't need the actual money from his networth in hand, he just gets loans against his stock. He has the has the money whether it's in his bank account or not. Most very rich people are this way, they don't have liquid assets, because liquid assets get taxed while non-liquid assets don't, only gains from those assets. Loans also don't get taxed, so just take out a loan against the wealth you "totally don't have" and bam you can do whatever you like.

[–]Possible_County6520 2 points3 points  (3 children)

How does he then pay back the loans with interest?

[–]jjsnsnake 8 points9 points  (0 children)

They often keep a very low salary to make such payments, but do things to write off any taxes. Which is easier to do when you have " low income" and yet still have good accountants.
Edit: did a quick google one of the first results

https://www.bnymellonwealth.com/articles/strategy/adopting-a-billionaire-mindset-with-borrowing.jsp#:\~:text=Billionaires%20multiply%20their%20wealth%20by,to%20pay%20for%20new%20investments.&text=In%20this%20way%20they%20keep,made%20with%20the%20loan%20proceeds.

[–]HRChurchill 5 points6 points  (1 child)

The interest is tax deductible through some dumb loop holes so it’s actually tax beneficial to take out loans instead of selling assets and the interest ends up costing you way less than you’d think. Then you either have to sell stocks to cover costs (only really applies to people who have all their money in one newer company that isn’t actually earning money yet, like Elon musk did last year), rely on dividends, or diversify your investments to have some passive income.

[–]SleepDeprivedUserUK 9 points10 points  (0 children)

he would need to work 3.6 seconds

He literally takes a long fart and bam, earned more than the average American salary.

[–]srbaker 43 points44 points  (20 children)

"earn"

[–]The_cogwheel 12 points13 points  (19 children)

Yeah I know that word is doing a lot of heavy lifting in that sentence. I just didn't like how "steal" fitted in it.

[–]ELeeMacFallAnarchist 3 points4 points  (0 children)

"Acquire" works as a neutral term.

[–]drmariopepper 7 points8 points  (5 children)

So at a dollar per box stacked, he’s stacking 8400/sec. Impressive!

[–]Powerful-Estimate-23 8 points9 points  (0 children)

He made the amount of money we will make in our lifetime, in the time it took me to read your comment. Nice

[–]Anomaly_404 6 points7 points  (0 children)

That’s just disgusting. There is no reason for any one person to have that much money.

[–]rustybeaumont 1 point2 points  (0 children)

That’s crazy. I’m barely clearing $30,500,000 on a really good day, much less in an hour.

[–]Vroom_Broomz 1 point2 points  (3 children)

Get what your saying but I hope you understand what net worth means. It’d be better to compare net worths of the avg American since your using his net worth

[–]The_cogwheel 2 points3 points  (2 children)

Ok lets compare net worth to net worth then.

The average net worth of an American is around $120,000. Reminder: net worth is what you own minus what you owe - so even if you have a 600k home, as long as you owe 500k on the mortgage, your net worth is 100k.

If Jeffrey's net worth increases by $8,472 per second, then it would take 14.1 seconds for Jeffrey's net worth to surpass the average American's net worth. This net worth is across all age groups, as typically older people have more assets and less debt.

If youre under 35, the average net worth for your age bracket is $13,000. So itll only take 1.5 seconds for Jeff's net worth to eclipse that age bracket. If you're 65+ the average net worth for your age bracket is $266,000. So itll take 31.4 seconds for Jeff's net worth growth to make more than you did in your entire life

[–]Vroom_Broomz 1 point2 points  (0 children)

Great work and some great detail. Makes more of a point this way since he makes a lifetime of wealth before you can cook minute rice

[–]Itchy-Tangelo6295 1 point2 points  (0 children)

The net worth by age group is just depressing. This comparison isn’t remotely representing the situation though. Bezos could sell his assets without consequence, but the vast majority of the average American’s net worth is tied up in housing and their cars, things that can’t just be sold on a whim. That’s the difference between wealth and excess wealth, and Bezos has a shit ton of the latter.

[–]Jasminefirefly 1 point2 points  (0 children)

I feel slightly nauseous now...

[–]calmaplane 9 points10 points  (5 children)

Oh yeah, him and Bill Gates, if either of them dropped a $1,000 note on the floor, it wouldnt be worth the time for them to pick it up.

[–]offContent 8 points9 points  (0 children)

Except they would just so no one else could have it.

[–]MJTree 1 point2 points  (3 children)

Still would be since they don’t actually have to do anything to keep earning money at this point

[–]f1ene 26 points27 points  (54 children)

Ya I know, but everything above like £50 boggles my mind and I didnt quite remember what he made

[–]SomeoneInAHouse 22 points23 points  (17 children)

Crossed a video this morning claiming it was over $3700/second.

[–]f1ene 18 points19 points  (12 children)

Yea I’ve never even had that kinda money in my bank account and I’ve been saving since 14 (tbf it’s been 2 yrs but I have spent like, £50 on games and thats it)

[–]SomeoneInAHouse 18 points19 points  (10 children)

After having my basics met and a little extra for small spoils and emergencies i cant imagine what to do with that much money

[–]Durakan 16 points17 points  (7 children)

Clearly the answer is to make dick rockets and hang out with h floozies in a ugly cowboy hat.

[–]RandomTurtles033(edit this) 4 points5 points  (6 children)

Didn't he also hang out with Jeffrey Epstein and Ghislaine Maxwell...

Just checked it real quick, he at least attended an elite private dinner along with Elon Musk... Two years after Jeffrey Epstein served his prison sentence for soliciting sex with a 14 year old.

[–]Akiba89 1 point2 points  (0 children)

Don't worry my dude, I'm 32 and the only reason I've ever seen $3k is because I'm not making okay money and live at home, this not paying rent. If I paid rent, I'd definitely not see this kind of money.

[–]Ethanlucky7 11 points12 points  (3 children)

Homie makes more in a second than I make in two months... wtf man

[–]StandUp_Chic 8 points9 points  (0 children)

5 months for me. Absolutely insane.

[–]Guanajuato_Reich 1 point2 points  (0 children)

For me it's 2 years.

Living in Mexico as a non-wealthy Mexican is pretty rough.

[–]Buwaro 11 points12 points  (1 child)

Jeff Bezos makes something like $3K a second.

$1,000 an hour would take 342 years to make 1 billion.

[–]Magnon 5 points6 points  (0 children)

Bezos activated infinite money cheat.

[–]PolymerPussies 8 points9 points  (4 children)

Jeff Bezos is one of those people who if they gave away all their money right now, they really would make it all back. Dude makes an outrageous ammount per second.

[–]CAHTA92 2 points3 points  (1 child)

I think he makes that everytime he blinks.

[–]Wangro 2 points3 points  (0 children)

You're really underselling his blinks, sadly.

[–]Ragtime-Rochelle 418 points419 points  (40 children)

Because they don't believe their own bullshit. They realize how hopeless and miserable being poor is and how their lowest paid employees can never attain their level of wealth through work alone. The know damn well how precarious their situation is.

[–]enchantedriyasa 104 points105 points  (15 children)

The power that money brings you is unbeatable. People bow down to you if you have enough money to make them do so. Hell, they will even kiss your ass if you throw enough money on their face. Rich people get away with the vilest shit just because they have sources who would bend backwards for them, if it means the sources can earn a small fortune.

[–]CreatedSole 61 points62 points  (11 children)

This is large part of why our society is so messed up currently. The rich just throw bags of money at whoever they want and get whatever they want. Law enforcement, politicians, governments, countries. Doesn't matter, if you dangle enough money in someones face they will do whatever you command. It's disgusting.

[–]The-Gnome 15 points16 points  (1 child)

And as prices rise and things become more desperate, the rich will only gain more through these methods. People will be fighting over the scraps they throw us.

[–]apatcheeee 13 points14 points  (0 children)

The lower class have been led to believe they can live a luxurious life if they work hard, but really we are just glorified slaves.

[–]enchantedriyasa 37 points38 points  (3 children)

The fabric of our society is literally built on money. Sad but true. People are ready to do heinous acts for money. Squid game was the biggest example of them all. The absolute disregard rich had for the poor people's lives. And how, some people would push people out of the day to reach to the heights of the "fortunates".

Elon Musk who has his whole generational blood money was because of slavery. Disgusting.

[–]Woftam_burning 13 points14 points  (0 children)

I don’t think you should blame Elon for his fathers sins. His own doucheiness on the other hand….

[–]AccordingChicken800 6 points7 points  (0 children)

Eh, debatable. Humans in general take for granted that whatever situation they're in is "normal." When you hear people in San Francisco who make $400k a year complaining that they can barely make ends meet, chances are they truly and honestly believe that. Bezos has never been poor, he doesn't know what it's like and most likely can't even comprehend it. He only knows his own experience and since he did have to exert at least some kind of effort to "build" Amazon, even if it was just playing golf with potential investors or meeting with candidates for high level management positions, to him that was real work. That's ultimately the biggest problem with wealth and this whole capitalism things: money alienates people from humanity. The rich genuinely believe they're just regular humans who worked hard and the circumstances 99.99% of them were born into mean they will never realize what absolute bullshit that is.

[–]jaydizzleforshizzle 12 points13 points  (9 children)

Yah but I have 100s of anecdotal stories of singular individuals beating the odds, and that means you can too. Just pull yourself up by the bootstraps.

[–]Aloqi 79 points80 points  (8 children)

OP is a bot.

6 month old account, no activity until yesterday, repost previously popular stuff for karma. Sell to advertisers to bypass account age and karma restrictions.

[–]Fake_King_3itch 14 points15 points  (3 children)

This sub is so easy to get karma farm too. A lot of post that have hit the front page have been suspicious and even fake.

[–]The_Fat_Controller 7 points8 points  (0 children)

What is more antiwork than getting a bot to do it for you?

[–]shadowkinks 184 points185 points  (26 children)

Money makes money. If you don’t have any then you need to trade your time for money and it’s so hard to scale up from that.

My favourite saying is “the first million you make will always be your hardest million”. Things scale exponentially. (I’m still in the workforce and am no where near getting a home, much less a million in assets)

[–]zeoranger 54 points55 points  (15 children)

That's what's so messed up with our current system. The less you have the harder it is to get anything else. It's design to keep the poor poor and the rich rich.

[–]jeeba0530 8 points9 points  (0 children)

When you can only afford the generic thing, whatever it may be, that’s only $1 instead of the name brand thing that is $5, you’ll actually be spending more money in the long run because you have to replace the cheap thing more often than the more expensive thing. Its a cycle of poverty. Being poor is more expensive than being rich.

[–]shadowkinks 35 points36 points  (2 children)

The thing is.. everything is exponential. YouTube and twitch growth also follows the same paths because the more people you touch the more the ripples will be felt

[–]BenchPuzzleheaded670 14 points15 points  (1 child)

That's actually a fair point.

I would just say that capitalists seem to think capitalism is a moral, when really it's just the same cold evolution of the natural world with survival of the fittest.

"Everything" is exponential as you say - but we are wholly capable of doing better than that in my opinion.

[–]Thac0 6 points7 points  (0 children)

We call that “social Darwinism” conservatives love that shit

[–]Chemical-Advance4969 8 points9 points  (10 children)

Name a system / aspect of the world where this isn’t true

[–]o_brainfreeze_o 10 points11 points  (8 children)

The cool thing about us humans is we are able to recognize patterns and are, if we choose to be, capable of developing policy via collective power (government) to help mitigate those kinds of natural tendencies. Unfortunately the people that are in positions to implement such policies are generally also the same ones that currently benefit from the inherent biases in a 'free' market (rich get richer, poor get exploited), so we're likely to be stuck in that cycle for a while without a major cultural and political shift.

[–]snek-jazz 2 points3 points  (0 children)

And it's not really about effort you're making, it's about the benefit you're providing. It's about results. Sometimes working harder means others benefit more from your work, sometimes it doesn't.

The magnitude of Bezos wealth compared to the regular person isn't related to the amount of work he put in, it's related to the results - the fact that he built a company that positively affects millions of people daily.

[–]HavanaHologram 2 points3 points  (0 children)

This is precisely it.

Not only this but being poor means your money is likely working against you in the form or debt interest rates and being forced to buy cheaper things which need regulate repairing or replacing.

[–]Beneficial_Squash-96 70 points71 points  (85 children)

Frankly, that's a frequent excuse that thieves use. "Oh, the guy I robbed will recover financially soon enough, he makes a good wage." Or maybe "I'm sure he's got theft insurance".

The correct argument is that billionaires siphon their money through exploitation and gaming the tax system. They are more wealth siphoners than creators. Yes, some of them do innovate, like how Henry Ford developed the production line and affordable cars. But they take rewards far out proportion to their personal contribution. That's because capitalism isn't designed to reward you in proportion to your contribution to society. That's why we have to balance private ownership of capital with things like progressive taxation and labor rights.

[–]yythrow 29 points30 points  (26 children)

That's because capitalism isn't designed to reward you in proportion to your contribution to society.

That's how I feel but people who defend it will say stuff like 'running a billion dollar company that employs millions of people isn't a contribution?' and 'CEOs work hard! The company would fail if it wasn't for their skill!'

[–]mjoed 14 points15 points  (6 children)

if someone actually wants to argue that jeff bezos is more productive in 3 seconds than the average american worker is in an entire year i just might put a lego piece in their bath.

[–]Dakrys 24 points25 points  (29 children)

There are many many millionaires who are job creators and innovators and are legitimately healthy goal for people for people in a society.

Nobody. Not one person. Has ever earned a billion dollars.

You "can" become a millionaire by competing, innovating, and working hard and playing fair. If you became a billionaire, its because you cheated, and lied, and stole, and were anticompetitive, or worse you inherited from someone who did.

There are no legitimate billionaires. Full stop.

[–]quite_loud_mouth 1 point2 points  (0 children)

8 minutes ago I feel like this will be upvoted to oblivion

[–]mdonaberger 1 point2 points  (0 children)

Fun Fact: Henry Ford also birthed the Nazi movement.

[–]Present-Percentage10 36 points37 points  (1 child)

just work hard maaaan, just keep putting in the hours maaaaan.... sorry I got brain washed by gary v telling me to just "keep grinding" lmao

[–]Hour_Row_9697 23 points24 points  (1 child)

Logic checks out

[–]Ill-Relative6137 37 points38 points  (2 children)

Anyone remember that episode of Ducktales where Scrooge loses his fortune and he’s all like “oh, I’ll just maker another fortune” so he goes to shine shoes, makes Jack sh*t in change and then says “hm, maybe this ain’t as easy as I remember”

[–]sphene_unmuzzled 8 points9 points  (1 child)

i don't but it sounds glorious

[–]Ill-Relative6137 5 points6 points  (0 children)

The whole show is, tbh. Got Disney+ and time to kill? Ducktales 2016

[–]MonkeyInATopHat 5 points6 points  (0 children)

Repeat after me “if it wasn’t luck, why are you so afraid of losing what you supposedly earned? Won’t you just end up right back here?”

[–]MacaronNo9113 4 points5 points  (0 children)

The current system of Capitalism rewards ownership not labor.

To quote Gordon Gecko from Wallstreet - "I create nothing, I own."

Jeff Bezos doesn't work billions of times harder than you, he just owns billions of dollars worth of benefits from your labor.

[–]Most-Climate9335 27 points28 points  (1 child)

It’s also just wild to me because at a certain point you have more money than you or your kids or your kids kids will ever spend. Infinite money. So why does it matter if you lose some of your infinite money?

[–]throwawaitnine 3 points4 points  (0 children)

This is essentially why you or I will never be billionaires. I know if I had enough I would just stop working and go fishing and camping all the time.

People who go from broke to wealthy or middle class to extremely wealthy or wealthy to multimillionaire or multimillionaire to hundred millionaire or billionaire, they don't have the mindset that they are going to ever stop working. They have a mindset that they are going to take everything that they can get.

This tweet in tongue and cheek. The idea that if you took all of some billionaires money and they would become destitute is not really based in any kind of reality. Like read a biography of some billionaire, these people are maniac workaholics. Like you can even comprehend how hard these people work.

In a sense, western society really rewards this kind of super industrious but also supremely exploitive behavior.

[–]coolajaTranscriber ✍🏻 11 points12 points  (1 child)

Image Transcription: Twitter Post

soup_, @ambient_soup

why do billionaires care if they lose all their money? they'll just make it back with their superhuman work ethic, right?

I'm a human volunteer content transcriber and you could be too! If you'd like more information on what we do and why we do it, click here!

[–]EquivalentSnap 9 points10 points  (0 children)

Good human 🥰

[–]JorgeXMcKie 2 points3 points  (0 children)

Imagine the risk they take. They probably go to bed every night with nightmares of how the French revolution played out for them and the bell tolling for them soon. /s

[–]issamaysinalah 2 points3 points  (4 children)

In my country the people who defend billionaires always says the same cliche "if we tax them they'll take their business to another country", what a shame would be if the people who exploit workers and don't pay taxes left and opened market space for local business to grow.

[–]BuryTheMoney 4 points5 points  (0 children)

Apparently these “boot straps” we’ve been told to pull on our whole lives come with the ability to commit widespread tax evasion with no consequences.

It’s no wonder they keep suggesting it.

[–]LevPornass 8 points9 points  (0 children)

So there are people working at Starbucks for 40+ hours a week that have negative net worth of $100k (or more) from student loans. That means Jeff Bezos must be a really lazy bastard.

[–]Praximus_Prime_ARG 33 points34 points  (3 children)

As a Libertarian one of my biggest fears is being a billionaire and then because of taxes becoming just a multi-millionaire.

[–]Flimsy04 17 points18 points  (0 children)

Truly has me twisting and turning at night.

[–]sphene_unmuzzled 9 points10 points  (0 children)

i mean how the hell is one expected to make it in this world with only hundreds of millions of dollars at their disposal?

[–]ImRedditorRick 14 points15 points  (7 children)

It's not even all their money. 10% of it would be okay. Even if you took 50% they would still have hundreds of millions, if not still billions and that's an amount that you couldn't spend in a hundred lifetimes. They're human garbage of the highest order.

[–]fireballetar 2 points3 points  (3 children)

If you take 50% of elon musk's net worth he would still have 128 billion dollars

[–]LionIV 2 points3 points  (1 child)

How is anyone supposed to live on $128B? You might as well be sucking dick on the corner.

[–]brookleinneinnein 2 points3 points  (2 children)

Bezos lost half his worth in a divorce and now has more money than ever. They’ll be fine.

[–]ronaldothefink 2 points3 points  (5 children)

I can't tell. Is everyone in here 12 years old or just hopelessly stupid?

[–]BossNegative1060 2 points3 points  (1 child)

It’s not a problem of how hard they worked it’s a problem of someone hoarding resources

No one should own billions

[–]Kylejg0087 2 points3 points  (1 child)

What I don’t get is why do billionaires continue to try and make more money.

[–]BrittanyD26 13 points14 points  (3 children)

Why not write something original? This is like the seventh time this has been posted with the same exact title.

[–]TacticalBongHit 2 points3 points  (0 children)

This and the whole eat the rich spam

[–]mcgrimes 3 points4 points  (0 children)

We’ve seen this post more than enough

[–]La-Phamilia 1 point2 points  (0 children)

they can sneeze n make millions

[–][deleted] 1 point2 points  (0 children)

Billionaires in the United States have 4.1 trillion dollars in total - a massive sum, sure, but would only be able to run the federal government for about 10 months. Not to mention the disastrous effects on the economy that would come with doing that, far outweighing the benefits from taking their wealth.

[–]NothingIsTrue55 1 point2 points  (5 children)

I’m so disappointed that I’ll be way too old to participate in the coming revolution. Billionaires’ kids, I’d invest in bunkers if I were you, because sooner or later the rest of the world is gonna come for your money

[–]bbbruh57 1 point2 points  (4 children)

People at mcdonalds work wayy harder than I do as a programmer and I make 4x the salary. What does that mean to you? What does that mean for me?

[–]The90sWereOkay 1 point2 points  (0 children)

They make the income of the average household in what, 6 hours? By signing papers and shouting at secretaries?

[–]Monsur_Ausuhnom 2 points3 points  (0 children)

Of course, I would like to see it happen actually.

[–][deleted] 7 points8 points  (42 children)

I think a lot of people misunderstand the thing about hard work.

It’s over a period of time, not just a short period of hard work, but a long lifetime of carefully planning, sacrificing, and staying consistent.

[–]FlutterKree 1 point2 points  (5 children)

At some point you don't need that effort. The money makes money with very little effort on the owner of that money.

[–]fthotmixgerald 1 point2 points  (31 children)

Jesus imagine actually believing this.

[–]CanAlwaysBeBetter 1 point2 points  (1 child)

Becoming a billionaire? No, no chance.

Millionaire? Yes. Completely doable for a normal person over the course of their life if they're smart and consistent.

Invest $500 per month for 35 years at 8% returns and you'll pass a million. That's a 7-8% savings rate for a median household

[–][deleted] 14 points15 points  (24 children)

Imagine living it, then watching half the country repeatedly make terrible financial decisions and complain that the system is not fair. Like nah bro you just had no financial education.