RIP Philo

Bezos now richest person in history

Estimated net worth: $105Bn

That piker Bill Gates: $92Bn

The title may be fake news though - John D. Rockefeller was worth $336Bn in 2007 dollars.
Permalink Send private email xampl9 
January 9th, 2018 11:15am
Not quite...he still has some distance to go.

https://en.wikipedia.org/wiki/List_of_wealthiest_historical_figures
Permalink AlFranken 
January 9th, 2018 11:25am
How much money do you need to go to heaven?
Permalink Lotti Fuehrscheim 
January 9th, 2018 11:39am
Lord Bezos is a cheap bastard who makes people work like slaves for little money.

There is no heaven however. I have seen no proof of that.

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A new report claims that ten percent of Amazon’s Ohio workforce is receiving food stamps.
The Columbus Dispatch reports that Amazon has made the list of huge companies where workers are still forced to claim food stamps after a new report revealed that ten percent of the companies workforce in Ohio have been claiming federal aid. According to Policy Matters Ohio, as of August 2017 Amazon had 1,430 workers in the Ohio area on food stamps. Zach Schiller, Policy Matters’ research director, stated that food stamps become a taxpayer-funded subsidy for companies that pay extremely low wages.
Permalink AlFranken 
January 9th, 2018 11:42am
>John D. Rockefeller was worth $336Bn in 2007 dollars.

Simply adjusting wealth by inflation can be quite misleading.

A recent analysis of D'Arcy from Pride & Prejudice who had an income of £10,000 per year back in 1813 reveals this.

Adjusting just for inflation, that would be £800,000/year

But goods are cheaper now relative to what people are paid, adjusting for that puts him on the equivalent of £9,500,000/year.

But there were fewer people then and the national economy was much smaller, to equal his 'standing' in British society would now require £61,500,000/year.

Finally, he didn't actually work for a living, to receive that much unearned income from assets which back then would have realised around 2% would require £3,000,000,000.
Permalink Rafael Sabatini 
January 9th, 2018 12:09pm
So tell me Elizabeth Bennet, what was it that first attracted you to multi-billionaire, handsome, young, unmarried Mr. Darcy?
Permalink Mrs. Merton 
January 9th, 2018 12:12pm
>food stamps become a taxpayer-funded subsidy for companies that pay extremely low wages

A similar argument was used on this morning's farming program. The minister was arguing that the supermarkets were too powerful in their negotiations with the farmers on the smaller farms, so government subsidies were required to produce a more level playing field and keep them in business.
Permalink Zaq 
January 9th, 2018 12:16pm
he also burns tires for electricity to run his cheap cloud
Permalink tulipoman 
January 9th, 2018 12:22pm
Farmers are always asking for handouts.
Permalink The Grim Reaper 
January 9th, 2018 1:20pm
Bill Gates would be worth about 200 billion if he wasn't trying so hard to be a goodie two shoes and give it all away via his foundation.

He's failed at being a true robber baron!
Permalink ^xFrCM6k)Z"87Dn" 
January 9th, 2018 10:40pm
Not really, that's what robber-barons do.

Make BILLIONS through monopoly products.  Then return a pittance back to the public out of guilt once they retire.


That's what Andrew Carnegie did, anyway.
Permalink SaveTheHubble 
January 10th, 2018 8:38am
What?

Carnegie led the expansion of the American steel industry in the late 19th century and is often identified as one of the richest people (and richest Americans).[4] He became a leading philanthropist in the United States and in the British Empire. During the last 18 years of his life, he gave away about $350 million[5][note 1] to charities, foundations, and universities—almost 90 percent of his fortune. His 1889 article proclaiming "The Gospel of Wealth" called on the rich to use their wealth to improve society, and stimulated a wave of philanthropy.
Permalink AlFranken 
January 10th, 2018 9:42am
Yup.  Steel robber-baron, returning funds in his later years.  Classic.
Permalink SaveTheHubble 
January 10th, 2018 3:30pm
That source's source is interesting.

http://time.com/money/3977798/the-10-richest-people-of-all-time-2/

Stalin they put as #5 because he "controlled all of Russia" and so they assign the entire value of the country to him.

Augustus Caesar they have as #2 at 4.6 trillion, because he "owned all of Egypt".

Mansa Musa, the King of Mali, at #1 though probably really was the richest guy in history. Mali was the #1 supplier of gold in the world at a time that gold was at its largest demand.
Permalink Reality Check 
January 10th, 2018 7:38pm

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