Nvidia's Jensen Huang, Meta's Mark Zuckerberg, and Oracle's Larry Ellison are all up over $50 billion this year thanks to soaring stock prices.
  • ohwhatfollyisman@lemmy.world
    20·
    2 months ago

    they are not “wealth gainers”.

    they are hoarders, plain and simple. they have a mental illness which society needs to recognise for what it is.

    send them wishes to get well soon if you can hit any of them up on social media.

  • jubilationtcornpone@sh.itjust.worksEnglish
    18·
    2 months ago

    As an Arkansan, I appreciate the thumbnail photo of Jim, Alice, and Rob Walton who earned their wealth the good old fashioned way. By inheriting it from their dad. They spent a decent chunk of it gentrifying the Northwest corner of the state to the point that if you were born here, you can no longer afford to live here.

      • jubilationtcornpone@sh.itjust.worksEnglish
        1·
        2 months ago

        My opinions are mixed. I like living here in general. I don’t like the extremely rapid transformation of Benton & Washington counties into a vast sea of urban/suburban sprawl.

        We also have tons of serious social problems that get very neatly painted over by the relentless construction and “newness”.

        I’m sure when Tom and Steuart have spent hundreds of millions of Jim’s money to transform this area into the “biking capital of the world”, all our problems will be solved. …ha ha.

        • Cadeillac@lemmy.worldEnglish
          2·
          2 months ago

          They’ve basically demolished everything in my hometown to make room for more interstate or something. People there have gone to shit too. I don’t have many positive experiences lately, but I’m working a lot harder on not letting so much shit get to me

  • SkyeStarfall@lemmy.blahaj.zone
    3·
    2 months ago

    It’s nauseating how this shit is celebrated in mainstream media. As if a single person wouldn’t already be in exorbitant luxury with just a few million USD, maybe 10 million in an expensive area

    What even is the point

    • LifeInMultipleChoice@lemmy.world
      2·
      2 months ago

      I wanted to see how much money that means they pulled from the working class.

      Led me here: https://www.uscurrency.gov/life-cycle/data/circulation

      From 2021 to 2022 about 71 billion was added to circulation.

      Going off nothing but shitty guesswork let’s say 100 billion was added this past year. So that would mean 260 billion was pulled up the ladder. ~330 million People. Would that not mean those 10 people took an average of 787 dollars from every other American?

      Or is that just cash? So it isn’t all of it, not sure how our digital currency works now, is it all backed up by that currency somewhere or no?