Bill Gates's Net Worth Hits $90 Billion (bloomberg.com)
schwit1 quotes a report from Bloomberg: The net worth of the world's richest person Bill Gates hit $90 billion on Friday, fueled by gains in public holdings including Canadian National Railway Company and Ecolab Inc. Gates's fortune is now $13.5 billion bigger than that of the world's second-wealthiest person, Spanish retail mogul Amancio Ortega, according to the Bloomberg Billionaires Index. At $90 billion, the Microsoft Corp. co-founder's net worth is equal to 0.5 percent of U.S. GDP. Less than two weeks ago, Bill Gates topped Forbes' "100 Richest Tech Billionaires In The World 2016" (Warning: may be paywalled) list with an estimated fortune of $78 billion.
doesn't that mean taking my money and giving to some dumb lazy bum?
This is exactly the sort of belief that keeps society locked into the status quo. If you redistributed wealth as most people agreed as fair, then sure, lazy bums would get more money. So would every single blue and pink collar worker, most managers, and basically everyone who isn't a rockstar or fortune 500 executive. You have no idea how badly you're being fucked and yet you continue to cheer for it. Why?