A Boring Dystopia

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7 years ago there were no billionaires worth more than $100 billion - today there are 18! (sh.itjust.works)

submitted 19 hours ago* (last edited 19 hours ago) by [email protected] to c/[email protected]

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Billionaires 7 years ago:

https://web.archive.org/web/20171004002738/https://www.bloomberg.com/billionaires/

Billionaires today:

https://www.bloomberg.com/billionaires/

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[–] [email protected] 5 points 15 hours ago (2 children)

Bill Gates signed his pledge more than 10 years ago. His wealth doubled in the last 7 years, meaning that he's gotten average increases of like 10% per year.

Mr. Gates, you're going the wrong way!

[–] [email protected] 6 points 14 hours ago

It's just more proof billionaires simply cannot spend the money they have accumulated.

They need to be guillotined.

[–] [email protected] 1 points 14 hours ago

Meh. Net worth can be volatile in the upper echelons of wealth. It's often based on volatile assets. He's still giving away plenty. I'm seeing a budget of $8.6 billion in 2024 for the Gates Foundation.

Also, his wealth doesn't need to be spent within his lifetime to remain true to the pledge. The Gates Foundation can continue functioning long after his death, much like other foundations like the Carnegie Foundation.