I absolutely hate stuff like this.<p>My net worth has grown substantially in the last several years, however my <i>income</i> has actually gone <i>down</i> in that time.<p>So do I have an income of millions of dollars? I haven't sold anything that has appreciated (and I don't intend to).<p>Elon Musk's <i>net worth</i> may have increased, and most certainly Elon Musk is much, much richer than I am, <i>and</i> has a higher income, but this shell game of conflating "income" and "net worth" is just stupid.<p>There are examples here like:<p>"If you buy a donut, thats like Elon buying a dunkin donuts franchise!"<p>Yeah, except I don't sell property or land to buy <i>donuts</i>. How much money does Elon actually take per year in <i>income</i> is the relevant question here.
Since I'm unemployed, I just put in '0' (not quite true, I own some dividend stocks lol); every comparison was just infinity (∞).<p>Also the scrolling is a bit broken on Firefox on Linux.
This doesn't seem to account for the cost of living; living off $100/day in San Francisco might very well result in a lower quality of life than living off of $5/day in somewhere else in the world.<p>The general premise still stands of course.<p>I'm curious; are there any organizations where donations help build regions economies? One would think that if a region relied on donations to survive then, without change, they'd continue relying on donations which isn't a great long term solution. The ideal solution seems to be helping these regions jump start and build their economies through education and financial support. If people can afford to go to school and get an education then hopefully they are able to start moving their local community and economy forward.<p>Tough problems to solve, anyone know if there's any good books on the subject? I know there's nothing I can do to help but I'd be interesting in learning more about the problem and potential solutions.
Website scrollbar thing is completely broken in latest Firefox on Windows. I get 2 scrollbars and have to scroll the 2nd one manually for the effect to work.
Can we tag this ‘thinly veiled website asking for donations’? I dont mind donating, but I don’t like getting sales pitches the way the website did. It’s cheap and nasty.
Moron confuses increase in net worth with income, news at 11.<p>By this token, anyone who owns a house probably made a $100k+ extra in income the last couple of years.
This demonstrates something I kept say while people were dunking on Bloomberg for spending a bunch of money to try to get the Dem nomination in 2020 were being silly; for him, it was like the equivalent of buying new furniture or taking a vacation. He paid that kind of money to have a non-zero chance at becoming POTUS, and probably had a decent-enough time working on it. Made perfect sense.
This is a neat data visualization but ultimately unpersuasive. The idea is that I am much richer than someone earning $1.90/day (I am), and that in consequence I should donate $5 of my money to help that poor person. But why ask me? Why not ask Elon Musk, the presented point of comparison, to donate $2,000,000, which as this site points out is worth less to him than $5 is to me? Not only would he be giving up less, he'd be helping 400,000x as many people as me.<p>It genuinely sickens me that people let billionaires walk all over the rest of humanity like this. Musk and his ilk could single-handedly transform the economic prospects of whole communities in poor countries. I can't. So why am I the bad guy for not donating the $5 I want to spend on a coffee to get me through my workday?
it's quite a fun thought experiment but the guy really needs some lessons in economics.<p>imagine billionaires cashed up all their assets, I doubt they'd get the full amount, probably 15% of their way into cashing it will crumple the rest due to market confidence etc
Ooof, I did not like this site. It feels like it's trying to take away from the hilariously disproportionate wealth of Elon Musk by shifting the focus to "the world", with the implied message being "see, you don't have it so bad!". Nice deflection.
> In 2021, Elon Musk's net worth grew by an estimated $121 billion.<p>And it's dropped by more than that in 2022... So I guess we should all be happy we've made billions more than Elon this year.
So I get that this is a click-baity way to get people to donate to people living in extreme poverty. But why compare yourself to billionaires? I'm not Elon Musk, and I'm cool with that. I haven't started multiple industry-changing companies. If I start the next Paypal, Tesla, AND SpaceX, I sure hope I am worth many billions - because my companies would be worth a ton.