[OC]Top 10 Global Billionaires by Net Worth and Their Related Companies

The top 10 in the US hold more wealth than how many millions of US citizens?

0.0001% compares to ?

Bernard is interesting wrt company’s market cap.

Everybody yells at me whenever I say I like Elon more than I hate him (and I really hate some of the stuff he says and does) But for me the tally is LOTS of minuses, but more pluses.

That said, I am still surprised at how he can be the world’s richest man given all the craziness around him and FROM him. It’s just strange that NOBODY has schemed their way to higher worth through some sort of financial bullshit, vendor lock-in, abuse, or just plain old investment. I know he owns a lot of companies that do some unique stuff, like Starlink, Neuralink, and SpaceX, while simultaneously owning a large share of a major car manufacturer.

But it boggles my mind that A: He has not been able to destroy his fortune, and B: Nobody else has been able to hoard more resources. Maybe there is some sort of psycho banker somewhere that just silently hoards more money without the public knowing. But come on, he CAN’T be the world’s richest man, running around with a chainsaw on stages?!?!? World is crazy.

People need to stop the myth of successful products creating billionaires.

It’s about who you know. Networking.

If you don’t know people or have ultra rich family wealth your company will almost never take off on a billionaire trajectory.

When PayPal emerged (Elon original gold strike) there quickly become other competition. The big investors heavily poured money into Musk because of where he came from and what values he held.

He wasn’t a “genius” then. He was a nepo baby South African high society, one that still holds idealization of slavery as the ultimate business success. No sugar coating it’s morally comparable to the US Confederacy fighting to keep their free labor to continue becoming filthy rich (and family wealth which has perpetuated into today).

What matters most for nobodies getting huge investor capital is the “I scratch your back and you scratch mine.”

Look how politically influential he became a few years later. I don’t think Musk stumbled into politics; he was inflated into a massive source of wealth *in expectation* that he would wield political power. US politicians who are weary of democracy and bureaucracy slowing down their plans will get behind a company that promises to help expedite their shared interests.

His supposed genius is a branding campaign to garner faith in investors as well as cult followers. Like with DogeCoin or other crypto/stock market pump-n-dump shenanigans his followers of mostly young white men do what he says. Having unquestioning followers is way more important than having a lot more followers who may be skeptical of new schemes.

Getting back to source of wealth, Tesla is about 4% of the US car market. Sales are in decline. Emerging markets have devoured overseas market and the Cyber Truck hasn’t been able to get close to meeting the hyped prediction.

Yet investors over time have held a steady *increasing* in stock value! Why? Because Big Money likes what Musk can do outside of his company—in the White House, for example—so they continue to support the company stock. It’s not about a product it’s about the person. The graph that the US needs to see is how many billionaires are stock-owners of their other billionaire buddies.

TV economists deify the biggest stocks because they have to cheerlead and hype so viewers at home with retirement portfolios keep the faith and don’t pull out. When breaking down billionaire success they want to paint a Hollywood hero, an aspiration for the common man—not a con artist, wage thief, or political pawn.

Every year a corporation becomes less about improving a product and more about eking out more shareholder value, bloodletting even when breaking even or losing revenue.

All of these billionaires with companies that have peaked like Tesla should be declining in wealth, logically, but the way extreme wealth works basically if you get rich enough it takes effort hard to get poor.

Their portfolios are well diversified and investors are eager to have a piece of the billionaire boys club that shows no sign of stopping.

Musk is pouring tons into this SpaceX Starship that is honestly never going to be a Mars inhabiting plan like it was sold as. He spent tons investing in political campaigns. His Tesla vehicles are becoming irrelevant (and would be moreso if he didn’t manipulate US trade and EV policies)… but he will continue to become richer.

I remember not long ago Musk become a billionaire. He is now a $415 billionaire. It’s bogus to believe this is accessible to anyone with a dream and an incredible idea.

It would be wise for anyone to see this reality for what it is: the formation of a wealth gap in the near future so great as to have virtually the whole planet enslaved to the bidding of trillionaire omnipotent beings.

The chart is interesting, but the different scales between left and right sides make it awkward.

If Musk’s net worth is 40% of Tesla’s then it should be 40 percent as long, and probably located inside of the chart.

I think these should all have the same rounding.

There is a stats concept called the Ramanujan Principle… that when you see numbers they are parsed as a crude log chart, because the first thing you notice is the length.

Honestly, given the scale of the data rounding to the nearest billion might be best.