this post was submitted on 07 Dec 2024
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[–] [email protected] 50 points 1 month ago (1 children)

Mackenzie Scott built Amazon alongside of Bezos. She didn’t inherit it nearly as much as she just got her split. She is just as complicit in what Amazon has become.

[–] [email protected] 2 points 1 month ago (2 children)

In fairness, I think she's been trying to give away nearly all her money to many charities. It's just that billions is such a huge amount it can literally take awhile to give it away.

If you've ever watched Brewster's Millions you'll see even that amount is hard to get rid of on purpose.

[–] [email protected] 2 points 1 month ago (1 children)

Her wealth actually grew. She gave away 17B and still came out 2B above the starting number. I don't think it's possible for a billionaire to give it all away. Not without just throwing the bulk of the stock shares at someone.

[–] [email protected] 2 points 1 month ago

Yup. That's why such wealth can only really be controlled by the government. When you're that rich, even actively trying to give it away is difficult because the way the system is set up, you can literally make a ton of money by just having it sit in a bank.

Even giving the shares away isn't really giving away the money - it's just making someone else extremely wealthy instead.

[–] [email protected] 2 points 1 month ago

Ah yes, the documentary Brewster’s Millions

[–] [email protected] 24 points 1 month ago (1 children)

More evidence that this kind of wealth disparity does not occur without generational wealth. Show me a super rich person, and I'll show you a nepo-baby.

Hard cycle to break.

[–] [email protected] 4 points 1 month ago

Hard to fail when you lose upwards.

[–] [email protected] 16 points 1 month ago (3 children)
[–] [email protected] 10 points 1 month ago

Maybe an issue with your Lemmy client, it looks fine to me

[–] [email protected] 8 points 1 month ago (2 children)

Many Lemmy clients don't show a full resolution image when opening the image from the front page. Follow the link to the comments and reopen the image, you'll see the full resolution version.

[–] [email protected] 4 points 1 month ago

This is all I can get

[–] Polkira 4 points 1 month ago (1 children)

Still looks like a potato on my end, I can't read it :(

[–] [email protected] 4 points 1 month ago (1 children)
[–] Polkira 2 points 1 month ago

Much, thanks!

[–] [email protected] 1 points 1 month ago

Yeah seriously need something printer quality

[–] [email protected] 12 points 1 month ago* (last edited 1 month ago)

It’s missing the Heineken heir. Charlene de Carvalho-Heineken, she’s worth $14B

So assume this list is incomplete and is missing more heirs.

[–] [email protected] 8 points 1 month ago (2 children)

If the wealth listed in this post were distributed evenly to every citizen of the US, each would receive an over $3000 windfall

[–] [email protected] 6 points 1 month ago (1 children)

That would change my life rn. Just that little amount

[–] [email protected] 1 points 1 month ago (1 children)
[–] [email protected] 1 points 1 month ago (1 children)

3k? I could actually afford an emergency, or could repair the differed stuff on my car for starters.

[–] [email protected] 3 points 1 month ago

I bought a lottery ticket today, if i win big ill help you out!

[–] [email protected] 3 points 1 month ago* (last edited 1 month ago) (1 children)

Why only Americans? Some of the people on the list are not from the US

[–] [email protected] 2 points 1 month ago

Fair, it's still almost $150 for every person alive in the world which would be live changing for far more people.

FTR I chose US because it is in US funds.

[–] [email protected] 7 points 1 month ago (1 children)

Mackenzie Scott didn't inherit billions ....

[–] [email protected] 7 points 1 month ago

Technically. So much technically. She's also the only one on there who is personally famous for her philanthropy. She's given something like 17 billion dollars away.

In a note about billionaires, her fortune still grew.

[–] [email protected] 7 points 1 month ago (1 children)

List is lousy with Waltons...

[–] [email protected] 3 points 1 month ago* (last edited 1 month ago)

And Waltons and Mars.

[–] [email protected] 6 points 1 month ago (1 children)
[–] [email protected] 1 points 1 month ago* (last edited 1 month ago) (2 children)

Not Oprah. Probably all 1999 other known billionaires to a greater or lesser degree, though. Social mobility is rung-by-rung; you can do multiples in theory but you have to get really lucky that many times in a row.

[–] [email protected] 5 points 1 month ago (1 children)

This list is far from complete. The entirety of western royalty is missing for one thing.

[–] [email protected] 2 points 1 month ago* (last edited 1 month ago)

That's a good point. Charlie III is so hereditary it's his whole brand. It looks like he might not actually have a billion, though, just most of one.

I'm not sure if any other European Royal families might have managed to retain more.

[–] [email protected] 2 points 1 month ago

It's rung-by-rung, but the people in front of you are pulling it up behind them.

[–] [email protected] 5 points 1 month ago
[–] [email protected] 3 points 1 month ago

To be fair we aren't shown any information on those that didn't inherit large amounts, which likely do exist.

[–] [email protected] 3 points 1 month ago

can we put these on a deck of playing cards for no particular reason...?

[–] [email protected] 3 points 1 month ago (4 children)

How come there are no muslims on these lists?

[–] [email protected] 3 points 1 month ago

I imagine they just get less coverage

İf you want to do research for yourself, find the top three holdings of Morocco, Egypt, Arabia, Turkey and Indonesia

[–] [email protected] 1 points 1 month ago (2 children)

Could be because they consider usury a sin, and that's basically how most of these people got wealthy?

Maybe I'm misunderstanding what usury is.

[–] [email protected] 6 points 1 month ago* (last edited 1 month ago) (1 children)

Usury is for-profit moneylending, basically. The Fidelity lady would count, the others are harder to say, either because it's a different sector or something I've never heard of it.

There's Muslim definitely-hereditary gotta-be-billionares, like all the petrostate royal families, but they hide their assets enough to stay off of the official lists.

(Halal lending exists, and it's basically our-interest-isn't-interest because we found a random Imam who we convinced to say so. Funny how there's always a loophole, when the rules get really inconvenient for enough believers)

[–] [email protected] 1 points 1 month ago (1 children)

Billionaires are constantly making money using their money, and it often includes lending (or some convoluted scheme that includes lending as an intermediary step).

[–] [email protected] 1 points 1 month ago* (last edited 1 month ago)

They borrow themselves as a way of dodging US taxes, which might be what you're thinking of.

Holding bonds is the obvious way all of these people would probably be doing the sin of riba. It's not necessarily public information, though. (And you can invest in bonds too; there's no secret money glitch, just a societal lottery that someone will inevitably win)

[–] [email protected] 1 points 1 month ago

It's interest on a loan, or unfair (high) interest on a loan, depending on where you are.

[–] [email protected] 1 points 1 month ago

They don't want poor muslims to be aware of just how much money they have.

[–] [email protected] 1 points 1 month ago* (last edited 1 month ago)

The Aramco shareholders should be on the list.

[–] [email protected] 2 points 1 month ago

Maybe you can add a score on each one for how much of that they have given away to charity so I can prioritize who I want to eat first.