• piccolo@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    10
    ·
    2 months ago

    Ok… if i give up my phone, i feed a family for a week. If bezo gives up a yacht, he feeds 1,000 familes for life. See the problem here?

    • Lauchs@lemmy.world
      link
      fedilink
      English
      arrow-up
      2
      ·
      2 months ago

      Except there are many more non billionaires than billionaires. There are some 750ish billionaires in the US.

      Median American has a net worth of about 200k. So, 5,000 median Americans gets you about a billion.

      Divide the American population (~333 million) and lo and behold, worth about 66,666 billionaires.

      So, in other words, blaming billionaires is easy but really…