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Jeff Bezos Becomes the Richest Man In Modern History, Topping $150 Billion (bloomberg.com)
An anonymous reader quotes a report from Bloomberg: Jeff Bezos is the richest person in modern history. The Amazon founder's net worth broke $150 billion in New York on Monday morning, according to the Bloomberg Billionaires Index. That's about $55 billion more than Microsoft co-founder Bill Gates, the world's second-richest person. Bezos, 54, has now topped Gates in inflation-adjusted terms. The $100 billion mark that Gates hit briefly in 1999 at the height of the dot-com boom would be worth about $149 billion in today's dollars. That makes the Amazon chief executive officer richer than anyone else on earth since at least 1982, when Forbes published its inaugural wealth ranking. Bezos crossed the threshold just as Amazon prepares to kick off its 36-hour summer sales event, Prime Day. The company's share price was $1,825.73 at 11:10 a.m. in New York, extending its 2018 gain to 56 percent and giving Bezos a $150.8 billion fortune. A little more than a week ago, Facebook co-founder Mark Zuckerberg overtook Warren Buffett to become the world's third-richest person.
When is enough money enough money? I ponder...
If you're pondering this, you're wasting your time. The disease of Obscene Greed has proven to be limitless, and we'll soon be counting the world's trillionaires.
With a few more years of stagnant employee wages and no corporate tax we can get him to $200 billion in no time.
Interesting how when he makes $150 billion, it's because he deserves it. When i make $150,000 it's because IT salaries are too high and we need more visas.
That's right. he should give all his money to every man, woman, and child in the US. Cut us a one time check for $460, and it will surely change our lives.
“Common sense is not so common.” — Voltaire
And he still pays his warehouse workers a shit wage. He's a fucking asshole.
I do not know too much about Jeff Bezos, but this scene from 1999, where he explains why he is driving a Honda Accord despite being a billionaire, may explain why he is not just your average billionaire, but the richest man on earth. https://youtu.be/3VUGj34jTqY?t... Vote me down, but somehow I think he is a great guy.
A great guy!? He actively undermines unionization efforts of his workforce yet refuses to pay them a liveable wage. Oh he's a real stand-up guy alright. He wouldn't air condition his warehouses for the longest time and workers got sick and a few died. I hope several people vote you down.
I do not know too much about Jeff Bezos, but this scene from 1999, where he explains why he is driving a Honda Accord...
(Bezos) "This is a perfectly good car."
Uh, common sense isn't exclusive to obscenely rich people.
...despite being a billionaire, may explain why he is not just your average billionaire, but the richest man on earth.
He got rich because he had a decent idea and got lucky. Despite intelligence or great ideas, most people don't realize just how much timing and pure luck has to do with great success. Had he tried to launch his company in 2001 after the dot-bomb hit, he may have gone down with many other digital ships.
That's right. he should give all his money to every man, woman, and child in the US. Cut us a one time check for $460, and it will surely change our lives.
Actually for quite a few people, it would.
That's a few months of food for a family. That's a couple of months student loan payments. It's a medical bill or a co-pay. It's a dentist visit.
It's money to escape from one's dreary meaningless job and life of toil.
How many jets, yachts, houses, or real estate does he really need?
We need to understand something, gains from capital do NOT require "hard work". Capital breeds like cockroaches. This delusional myth that "if you work hard then you will be successful" is nonsense. "get an education and work hard" is another bullshit myth.
Bezos can sit back, be a drunk and he'll get richer faster than anyone who "works hard".
Either you are really good at trolling or you are the most underpaid IT employee in California.
Yes. Not because of the stock, because he built Amazon by abusing his employees with shit conditions and wages.
And if you thought the Microsoft tax was bad, check out the Amazon marketplace tax.
const int one = 65536; (Silvermoon, Texture.cs)
SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
The disease of Obscene Greed has proven to be limitless, and we'll soon be counting the world's trillionaires.
The disease of Obscene Envy is equally boundless it seems.
Being a control freak imprisoned by your own creation, unable to go out in public without armed escort and incapable of retiring to enjoy life? Hated by thousands, including your own abused employees? Known for getting rich by undercutting every middle man and wiping out hundreds of competing businesses?
Yeah, fuck that. I'll take my average life (and Freedoms) any day. No envy here.
how does he afford these? Hud housing? I make $80k/yr and I'm stuck in an apartment until my kid graduates from college.
It's not just numbers in a computer. Money is _power_. He's literally got the power to reshape society and bend it to his whims. People with that kind of money use it to make other people do what they're told. And if you don't fall in line they buy off a group of thugs to make sure you do, or else.
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