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.
Data is Beautiful
Be respectful
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.
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.
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.
Ah yes, the documentary Brewster’s Millions
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.
Hard to fail when you lose upwards.
Needs more jpeg
Maybe an issue with your Lemmy client, it looks fine to me
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.
Still looks like a potato on my end, I can't read it :(
This is all I can get
Yeah seriously need something printer quality
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.
If the wealth listed in this post were distributed evenly to every citizen of the US, each would receive an over $3000 windfall
That would change my life rn. Just that little amount
How so?
3k? I could actually afford an emergency, or could repair the differed stuff on my car for starters.
I bought a lottery ticket today, if i win big ill help you out!
Why only Americans? Some of the people on the list are not from the US
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.
Mackenzie Scott didn't inherit billions ....
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.
List is lousy with Waltons...
And Waltons and Mars.
All of them.
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.
This list is far from complete. The entirety of western royalty is missing for one thing.
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.
It's rung-by-rung, but the people in front of you are pulling it up behind them.
"yes"
To be fair we aren't shown any information on those that didn't inherit large amounts, which likely do exist.
How come there are no muslims on these lists?
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
The Aramco shareholders should be on the list.
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.
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)
Billionaires are constantly making money using their money, and it often includes lending (or some convoluted scheme that includes lending as an intermediary step).
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)
It's interest on a loan, or unfair (high) interest on a loan, depending on where you are.
They don't want poor muslims to be aware of just how much money they have.
can we put these on a deck of playing cards for no particular reason...?
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.