• stoy@lemmy.zip
    link
    fedilink
    arrow-up
    50
    ·
    13 hours ago

    A question I have is once you are a billionaire, why do you need more money?

    What is there left that you can’t buy?

    • Free_Opinions@feddit.uk
      link
      fedilink
      arrow-up
      3
      ·
      5 hours ago

      Billion dollars grows by 70 million passively per year. Next year you have 1,070,000,000 which grows by 74.9 million and next year by 80 million and so on. Basically the more money you have the easier it is to make more money.

      Also, a billionaire doesn’t have billion dollars in the bank. That’s not what being a billionaire means.

    • Empricorn@feddit.nl
      link
      fedilink
      English
      arrow-up
      5
      ·
      8 hours ago

      The personality required to “earn” a billion dollars off the backs of your working employees is exactly why it will never be enough for them. Have enough money that all your grandchildren’s entire lives are paid for? Then it’s now about control. Who can you influence and how much of your shitty mentality can you project onto others?

    • bobs_monkey@lemm.ee
      link
      fedilink
      arrow-up
      38
      ·
      13 hours ago

      It’s a dick measuring competition with their buddies at that point, at the expense of the rest of us.

      • TheTechnician27@lemmy.world
        link
        fedilink
        English
        arrow-up
        7
        ·
        13 hours ago

        Not necessarily true. More money at that level isn’t about more material possessions or even more services: it’s about more power and influence. It’s playing toward oligarchy.

        • bobs_monkey@lemm.ee
          link
          fedilink
          arrow-up
          8
          ·
          11 hours ago

          I didn’t say anything about possessions and purchasing power, the competition in that echelon is about who has more ability to bend the world around them, thus the dick measuring comment.

    • ceenote@lemmy.world
      link
      fedilink
      arrow-up
      10
      ·
      edit-2
      13 hours ago

      People who want money for specific things and will eventually be satisfied stop long before reaching billionaire status.

    • JohnDClay
      link
      fedilink
      arrow-up
      1
      ·
      8 hours ago

      A city on Mars? I’m pretty sure that’s what Elon is trying to buy, he’s paying several billion dollars to work on it.

    • otp
      link
      fedilink
      arrow-up
      2
      ·
      10 hours ago

      What is there left that you can’t buy?

      Politicians are cheap, but getting the President of the USA to let you have all the power of the US President is pretty expensive.

      Unless you’re Putin. But Musk managed to do it without being Putin.