Exactly! If billionaires were put in a a position where they need to stop being billionaires and distribute their wealth or else people will kill them, they’d distribute their wealth real fucking fast
Also, he has a lot of kids now… money tied up over inheritance squabbles and civil cases getting redistributed to lawyers and court systems. I imagine more kids will come out of the woodwork too claiming a piece of the inheritance pie
I was thinking about this the other day. If I had half a trillion dollars (like the guy who just bought the presidency) I would spend it building a city from scratch. A walkable/bikeable city with free public transportation. I don’t have enough expertise to speak about affordable housing ideas, but with that amount of money I can pay someone to come up with some good regulations. Don’t know why but that’d be my passion project.
but if not, and they have two or more children ic tje amount gets split between them. Then you handlo those, and their children etc. It’s financial homeopathy
Only if the wealth is redistributed to the masses though.
Yeah exactly. Normal inheritance means their kids or spouse inherit, and the number of billionaires remains the same.
Fun fact, if I were to inherit the wealth of a billionaire family member who was shot in public I’d get philanthropic real fast!
Many people say this. However of those who talk the talk, barely any ever walk the walk.
However I think if you are born an heir to a billionaire, you’d lack the perspective which might foster selfless philanthropy.
I’d like to think that if someone from the working class would randomly get such money they would. But it still seems unlikely.
self preservation isn’t a selfless motive, but if it results in philanthropy then that’s a win.
Exactly! If billionaires were put in a a position where they need to stop being billionaires and distribute their wealth or else people will kill them, they’d distribute their wealth real fucking fast
Not before trying to buy their way out of it.
“What if I uh, personally kill 1000 millionaires to offset each billion reducing my greedy hoarding footprint.”
I would assume most of Elon Musk’s kids are not a fan of Billionaires.
Really one only ever heard his one daughter speak out against him, since she’s been a frequent target for his anti-trans bullshit.
I haven’t heard any of the other kids speak up against him on any topic.
Also, he has a lot of kids now… money tied up over inheritance squabbles and civil cases getting redistributed to lawyers and court systems. I imagine more kids will come out of the woodwork too claiming a piece of the inheritance pie
I feel like that depends too. There’s a ton of working class that dream of somehow becoming billionaires which is why they don’t want to tax them.
They’re certainly not all fans.
https://www.cnbc.com/2024/07/25/elon-musks-transgender-daughter-in-first-interview-says-he-berated-her-for-being-queer-as-a-child.html
Almost all big lottery winners are working class. Look at what they do with their winnings on average, you don’t need to guess.
I was thinking about this the other day. If I had half a trillion dollars (like the guy who just bought the presidency) I would spend it building a city from scratch. A walkable/bikeable city with free public transportation. I don’t have enough expertise to speak about affordable housing ideas, but with that amount of money I can pay someone to come up with some good regulations. Don’t know why but that’d be my passion project.
Hells yeah! !fuckcars@lemmy.world, !notjustbikes@feddit.nl.
This assumes a single person inherits everything. In reality, it’d be quickly distributed for every billy that dies.
The Adjusters go brrrrrrrrrrrrrrrr
but if not, and they have two or more children ic tje amount gets split between them. Then you handlo those, and their children etc. It’s financial homeopathy
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Narrator: it isn’t
In some cases, the wealth might simple be gone because the stock crashes of which the bulk of the wealth is built.
By this algorithm, it would have to. Otherwise it’d just create a new billionaire who’d go to the back of the line