this post was submitted on 11 May 2025
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[–] [email protected] 151 points 1 day ago (1 children)

Bezos makes ~$2,500 every SECOND. His big idea? Get a bunch of funding to heavily undercut local bookstores and operate at a loss while destroying local businesses such that he could take over as a near monopoly. And it’s highly doubtful that it was his idea, but it worked because when you’re willing to cheat against those not willing to do the same you’re gunna win.

[–] [email protected] 27 points 1 day ago

Best part is Amazon can't even manage to shop books without destroying them at this point.

[–] [email protected] 72 points 1 day ago

Whenever a capitalist says he got wealthy through hard labor ask him whose.

[–] [email protected] 55 points 1 day ago

If you made 7000 dollars every hour since Jesus was born, you would still not have as much money as Jeff Bezos.

[–] [email protected] 115 points 1 day ago* (last edited 1 day ago) (8 children)

Here's the math since I was curious

1492 was 194,440 days ago * $5000 = $972,200,000

Forbes put bezos at $209,000,000,000 for 2025

[–] [email protected] 52 points 1 day ago (2 children)

The author of the tweet didn't go far enough. Should have gone for for 1 million USD instead. Even if you made 1 000 000$ every day, it would still not be enough.

Absolutely insane.

[–] [email protected] 33 points 1 day ago (1 children)

shit, I was about to write that you overshot by a few zeroes, and then I looked closer and put the commas and everything, and you're right: 194,440,000,000.

[–] [email protected] 8 points 1 day ago

Yeah, it's so fucking wild.

[–] [email protected] 10 points 1 day ago (1 children)

Well it says that you wouldn't even be a billionaire. That's right up against the limit for being a billionaire.

But yeah bezos has over 200x that money

[–] [email protected] 1 points 1 day ago

No, Bezos has basically the same amount of money. Still absolutely wild.

[–] [email protected] 16 points 1 day ago

nEt WoRtH iS nOT sAlaRy

[–] [email protected] 16 points 1 day ago (4 children)

I feel like compound interest would be important here

[–] [email protected] 35 points 1 day ago (4 children)

It cracks me up that compound interest gets raised every time someone makes an argument about just how much money billionaires have. As if the only reason we're not billionaires is because we were too dumb to invest the $5,000 we've been making every day since Columbus sailed the ocean blue.

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[–] [email protected] 2 points 1 day ago

No it isn't because it's an imagery used to show how absurd that amount of money is. 5000 a day is easy to grasp and a few hundred years is easy to grasp.

[–] [email protected] 10 points 1 day ago (2 children)

When did compound interest even get invented?

[–] [email protected] 23 points 1 day ago* (last edited 1 day ago) (1 children)
[–] [email protected] 10 points 1 day ago* (last edited 20 hours ago) (3 children)

Compound interest when charged by lenders

Today “compound interest” usually relates to reinvested dividends and amortized growth/appreciation of investments (e.g., stocks, bonds) simply because non-predatory loans are designed for payoff within some fixed term. So if the term “compound interest” applies, something unexpected is happening (e.g., default) and the loan will be bundled and sold at a discount to collections.

Not far enough back to make a difference I’d wager

I’ll take that wager! 5k daily, ignoring inflation and leap-years, compounding annually (not quarterly) at 10% annualized ROI, gives us the standard annuity formula

1.1 * 5000 * 365 (1.1^n^-1) / 0.1

where n is the number of years, which

… in 100 years becomes ~278 billion (e11)

… in 200 years becomes ~3.8 million billion (e15)

… in 300 years becomes ~53 billion billion (e19)

… in 400 years becomes ~721 thousand billion billion (e23)

… in 533 years becomes ~231 billion billion billion (e29)

If that sounds incredible to you, you’re not alone. It’s the result of a hyperbolic growth curve that starts slow but keeps accelerating indefinitely, and 533 years is a very long time in market terms, so you easily reach the silly-numbers range.

Edit: the numbers before were napkin computation. I edited this to use the standard annuity formula which should be more accurate. Point should be the same though. Exponential growth is crazy.

[–] [email protected] 3 points 1 day ago (1 children)

100% agree with the point you're making and 100% disagree with the math that you did to get there.

[–] [email protected] 2 points 1 day ago* (last edited 20 hours ago)

Lol you’re right! It looks like the final number I gave was only for 400 years. I didn’t actually reach 533.

Also I was rounding numbers midway through like a pen and paper physics computation. Since that error scales exponentially, even if I had gotten to 533 the final number was guaranteed to be off.

Update: fixed it

[–] [email protected] 3 points 1 day ago (2 children)

even $1 at 1% compound interest gets ridiculous after a hundred years

[–] [email protected] 3 points 1 day ago
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[–] [email protected] 4 points 1 day ago

DAMN YOU AND YOUR MONSTER MATHS!

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[–] [email protected] 6 points 1 day ago

I'm more interested about the 5k/d. That must be excluding compound interest. Like, all the money if just being stuffed into mattresses, or something. OTOH, having your money in a bank account might have reset you to zero in 1929.

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[–] [email protected] 37 points 1 day ago (1 children)
[–] [email protected] 7 points 1 day ago

Maybe but there are also lots of people with mental illness who manage it and are still decent people. Not every sociopath is a serial killer but every billionaire is fucking evil. The decision to acquire great wealth at other's expense and use it only for yourself is something else.

[–] [email protected] 44 points 1 day ago
[–] [email protected] 30 points 1 day ago

It makes me think of hoarders. It just happens to be the case that money is universally sought-after, and so we think "it make money, is good!" But it's not much different from someone with stacks of ancient newspapers filling 98% of their living space. It's not like Jeff could actually spend all of that money even if he wanted to. He has more than he could ever need to live the most lavish and privileged of lifestyles, including giving the same to several generations of his offspring. He could still go to space and do all that crazy shit with 10% of what he has in his bank account. It can't be normal.

[–] [email protected] 66 points 1 day ago

Conservative logic: Giving poor people a small amount of money will cause them not to work, whereas passing laws that benefit billionaires will cause them to create jobs.

[–] [email protected] 26 points 1 day ago (1 children)

548 years to a billion dollars at 5k per day. Saved you a calculator.

[–] [email protected] 8 points 1 day ago

Thank you, now try telling this to my debt collectors

[–] [email protected] 6 points 1 day ago* (last edited 1 day ago) (1 children)

taxes or the guillotine. decapitilization or decapitation.

I prefer the first option, but ultimately the outcome is what's important.

[–] [email protected] 22 points 1 day ago (1 children)
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[–] [email protected] 25 points 1 day ago (3 children)

Bezos does not make a billion dollars in a week, unless you count certain short term gains based on random variation of the stock market, in which case he also loses a billion dollars in some weeks.

[–] [email protected] 42 points 1 day ago

Over the last 6 years he's gained ~150B. That puts it at 410M per week on average over that time period.

[–] [email protected] 42 points 1 day ago (1 children)

That poor man. How does he cope?

[–] [email protected] 3 points 1 day ago

ikr. I'd just die of embarrassment if i made less than $150B in a few years.

[–] [email protected] 11 points 1 day ago

So how much does he profit off of amazon every week?

[–] [email protected] 8 points 1 day ago

bUt hE GivE TO CharITY! i BELievE HiM! gOoD wHiTE MasTEr!

[–] [email protected] 5 points 1 day ago (7 children)

Ehh I think we are forgetting about compounding interest.

[–] [email protected] 5 points 1 day ago (1 children)

that's true, but still think about how long it would still take.

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