“Self made billionaires” is propaganda. No billionaire is self made. Their billions were leeched off all the workers who created their wealth.
this post was submitted on 04 Apr 2024
476 points (100.0% liked)
News
28376 readers
6747 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
It's also about who you know not what you know. The opportunity to get wealthy is only given to those the older wealth approve of. All the biggest names in tech built their monopolies on VC dollars.
I would just like to hear the opinions of the two dumb cunts who downvoted this. Do they think billionaires are genius visionaries who saved us plebs from lives of mundane squalor?
Where can you see upvote/downvote count?
It usually depends on what app you're using. Desktop and a couple apps display it by default or when hovered. Others might not show it at all because they're built off reddit apps which doesn't show it separated
You don't fucking say.
It's almost like switching from monarchism and aristocracy to oligarchism and capitalism didn't really change much of anything. I'm very shocked.
Eat the rich.
I've been sharpening all my knives
So brave
You are irrelevant.
eAt tHe rICh
This but for real.
Finally a study on this, nice. All those "no fucking shit" comments should be thankful someone actually proved this
Not a fan of him by any means, but I believe the Zucc managed to become a billionaire at 23 without inheriting all or most of it like a bunch of these new young billionaires.
Still built his wealth off the back of others like any other billionaire, but I believe he's one of the more "self made" ones. Still couldn't have done it without family connections and risk-free loans most of us couldn't get, though.
Didn't he go to Harvard? Its no like he started on the struggle bus like the majority of people.
Oh, most definitely.
I meant that he actually had to work for what he made, rather than getting it as an inheritance, but he still had insanely favorable circumstances to start with.
No one ever works their way to a billion dollars, even with a favorable start, they steal other people's work to do it, but other than that, yeah, he didn't inherit a billion dollars like everyone else. Which is why this list is about billionaires currently under 30.
I still think it takes more effort to coordinate the theft of others work etc to become a billionaire compared to simply inherently a billionaire dollars. But this doesn't mean I morally value either.
Beats Notch. Notch would have been 34 when Microsoft bought Minecraft from him for MAX_UINT32 dollars. And other than expressing the wrong political views (but not especially throwing money at politics, mostly just tweets) he's one of the less evil billionaires.
Is this supposed to be surprising?
Except Taylor Swift?
I thought she came from a wealthy family that used their influence to give her a huge advantage entering the music industry.
Still, she has played her cards exceptionally well. But I don't think you can claim being self made when you had advantages that 99.9% of your competitors didn't have.
She's like 33
34 to be specific - I only know because I'm several months older than her, and it's always nice to have someone successful my age to compare myself to and feel worse about myself and how unsuccessful I am (I'm obviously joking a bit).
I am the same age as Natalie Portman, so I get it.
For real? I seriously thought she was like 25
She was. About eight years ago.
Whoa.
Wow what? I thought she's something like 37 or 38
They can cough it up or choke on the noose.
All current billionaires, people have made that amount before, they're just older now.
I wonder how many poor people under 30 had their formerly middle class parents homes bought by the rich.
There used to be a saying "never sell the family farm". I suspect this came from a similar period of massive transfer of wealth to the rich.