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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.
Notch initially developed Minecraft by himself when he started the project in May 2009. However, as the game gained popularity, he founded the company Mojang in 2010 and brought on additional developers to help improve and expand the game. By the time he sold Mojang and Minecraft to Microsoft in 2014, it was a collaborative effort with a team of developers.
A fair point. It’s been a while since then. I didn’t recall that.
That said, he’s just an easy example. There’s a few other people who could be used. There’s a billionaire who was an early Bitcoin adopter for example.
And it certainly would have been possible for Notch to become a billionaire without hiring people. The company only had 25 employees in 2014, and was doing $330million in revenue every year. There’s certainly a path he could have tread to still becoming a billionaire without hiring anyone.
It would have been harder, taken longer, and not been as profitable for sure, but doable.
I don’t believe it, it’s just too many things to do, not just the development but everything around it. And once you lose momentum, people go and find some other game to play. Timing and luck are very important.
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
And you’re asking people in lemmy this?
It’s like asking your highschool friends if models make good money
I would suspect never.
Either they are obsessed with their “work” and do it far more than that, or they do nothing.
Welcome to a day in the life of a billionaire. You’ll need to get up nice and early for a personalised yoga routine devised by your trainer, and then it’s straight out of the house to work. You’ve got breakfast scheduled with a CEO, and you’re going to spend an hour objectifying women with him before heading into the office. Quick hello, report from your executive team, and now it’s time for a power brunch with the man who sources child slaves for you to have sex with. Private jet flight to the next city over for lunch, you have a corrupt mayor to bribe so the minimum wage won’t go up. Then it’s time to fly back and spend an hour in your office looking important. You ended up sleeping with your secretary instead of getting anything done, but hey, we can’t all be faithful to our wives. Now that it’s 2pm, you’ve got to go play golf with your “professional contacts”. You refer to your caddy with a racial slur. At 4pm, you go back to the office for the last time today, where your son is waiting for you. It’s very hard educating a young man on how to inherit a fortune 500 company that runs itself. You spend most of the next hour telling him about golf. At 5pm, finally get in your limousine to go home. You’ve been working all day, and you’re beat. You praise yourself for your work ethic, and wonder if the single day you work next week is going to be as hard.
At which part of the day do you sit around and shitpost alt right propaganda on Twitter for hours?
You write all of that in the middle of the night to distract yourself from the guilt which robs you of your sleep, before your heavy medication kicks in. You give it to your social media staff in the morning to post throughout the day.
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).
Eat the rich
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.
they don’t work, they are the real bums doing nothing all day, living with the profits of OUR (the working class) hard work.
They don’t work and are the reason why the workers don’t have a good life.
What are you basing that on? Here’s a list - most are workaholics.
Hard disagree. Proud of you for posting a list of richest people though. Here I have a link too https://mkorostoff.github.io/1-pixel-wealth/
What are you disagreeing with?
And I in no way was saying that the wealth inequity wasn’t absurd.
That most are workaholics. I do not agree with that. Like the general premise of the comment you posted is what I disagree with I guess?
Oh, well, that’s pretty well documented. Most of those guys started companies and worked giant amounts of time.
I mean, literally the first person listed is Elon Musk. If you think he’s a hard worker who only got there through grinding then I have a bridge to sell you.
You’re going to take a single counter example and throw out everything else? I also mentioned there are different types, and some are like Christy Walton, who haven’t worked at all. But neither of those examples means that there aren’t a bunch of workaholics on the list.
Look, at least most of us agree that the wealth inequality is grotesque, but I’m not sure why you have a hard time with the concept that a lot of people get rich by focusing on making money and working very hard at it. I have a hard time with the concept of a CEO making orders of magnitude more than the average worker’s salary, but that doesn’t mean they don’t work a lot.
At some point they venture off to hobbies and try to pat themselves on the back with a bit of philanthropy.
Just look at the industrial amounts of bullshit spewing from Elon Musk’s Twitter feed.
Clearly the answer is no.
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.
Dude was intense but literally built an empire in his industry by himself.
With zero employees? Impressive!
I don’t know, how does your butthole feel rn
I don’t think so…
