• @[email protected]
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    6 months ago

    “Self made billionaires” is propaganda. No billionaire is self made. Their billions were leeched off all the workers who created their wealth.

    • @[email protected]
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      416 months ago

      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.

    • @[email protected]
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      116 months ago

      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?

        • Hotdog Salesman
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          66 months ago

          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

  • Drusas
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    736 months ago

    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.

    • @[email protected]
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      246 months ago

      'ol Zucky took a $100,000 loan from his father to found Facebook. Much self made, such from scratch.

      • @[email protected]
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        66 months ago

        There is absolutely truth to the saying “The best way to make a million dollars is to first spend 2 million dollars.” However, I think Zuckerberg is an exception more than a rule. That is, the difference between a million dollars and a billion dollars is about a billion dollars.

      • This is fine🔥🐶☕🔥
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        46 months ago

        That’s still very impressive ngl, despite my sheer disgust towards him and Facebook.

        100,000 to 1,000,000,000 is a massive jump.

    • circuscritic
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      186 months ago

      No, most new billionaires are hedge fund/private equity leeches that just suck money out of the economy.

  • @[email protected]
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    246 months ago

    Finally a study on this, nice. All those “no fucking shit” comments should be thankful someone actually proved this

  • @[email protected]
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    186 months ago

    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.

    • @[email protected]
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      276 months ago

      Didn’t he go to Harvard? Its no like he started on the struggle bus like the majority of people.

      • @[email protected]
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        66 months ago

        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.

        • @[email protected]
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          6 months ago

          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.

          • @[email protected]
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            26 months ago

            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.

    • Schadrach
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      76 months ago

      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.

  • @[email protected]
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    16 months ago

    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.