
If billionaires disappeared, thereâd be no more major innovation, no new iPhones or software, fewer new cars, less startup funding, less risky research, fewer ambitious tech companies, less private investment, fewer major business acquisitions, and less incentive for people to work toward building massive companies and improving the world đ
I didnât say they personally do all the minor things but billionaires are like the engine of a car. You donât need the engine to be visible or liked, but it provides the power that moves everything forward. They provide massive amounts of capital for businesses, innovation, research, infrastructure, and risky ideas that might otherwise struggle to get funded Everything around you cost money and makes money. Starbucks and the iPhone you cherish so much wouldnât exist if they didnât make money
The wealth is not disproportionate. Itâs based on the value you bring to the business. Thatâs how the world works. My dad isnât a billionaire but he owns a successful business. He makes 5x what our highest-paid employee makes. Does he work harder? No. Does he bring more value to the business? Yes
I think the problem with a lot of you is that youâre stuck in a poverty mindset because you grew up poor. Now you hate billionaires because youâve convinced yourself theyâre the root cause of all your problems. Thatâs not the case, I promise you. One of the best things about America is that you have options. You can bitch and complain about the system, or you can grind, create value, and become really fucking rich. Iâm choosing the ladder
First Elon assumes all the risk. If any of his companies go out of business the employees can just switch companies. Elon is fucked. Additionally Elonâs value isnât that he works harder physically than every employee. Itâs that his decisions, capital, vision, and ability to organize thousands of people can affect the entire company. One employee produces one piece of the machine. Elon helps decide where the entire machine goes.
Wonât someone PLEASE think of the rich people, if their company goes under they might have to become a worker like the rest of us đ˘ It seems to me like youâre saying that the âvalueâ Elon brings to a company is âhaving money and telling people what to doâ. Way to make my point for me.