news • 3 years ago

Elon Musk now worth $222 billion. Jeff Bezos trailing at $196 billion.

LibsEatPoop3 [he/him] to

news • 3 years ago

47 Comments

Elon Musk trolls Jeff Bezos as he widens his lead as the richest person on Earth

amp.cnn.com

Elon Musk's personal wealth is now $222 billion, widening his gap as the richest person in the world according to Bloomberg's Billionaires Index. Musk's personal wealth skyrocketed an extra $10.6 billion after a secondary share sale by investors, announced last week, valued the space company over $100 billion, CNBC reported.

Okay, why is Musk worth so much? Bezos I can understand given how huge Amazon is? But what has Musk done that’s anywhere close to that in scale?

Chat

Noodlecat [none/use name]
·
edit-2
2 years ago
deleted by creator

link
- CrimsonSage [any]
  ·
  3 years ago
  Exactly, a system that originally functioned as a way to price and generate capital becomes a giant ponzi scheme.
  
  link

news

Create a post

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !news@hexbear.net

Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.

Rules:

-- PLEASE KEEP POST TITLES INFORMATIVE --

-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --

-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --

-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --

-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--

-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--

-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --

-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

990 users / day
1.38K users / week
2.22K users / month
4.2K users / 6 months
22.5K local subscribers
23.3K subscribers
19.3K Posts
390K Comments
Modlog