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TopicDoes the existence of multi billionaires make sense?
Broseph_Stalin
11/08/19 6:32:43 PM
#35:


legendary_zell posted...
By what rational metric does this make sense?


Amazon made a profit of $10 billion dollars last year. How does it not make sense that stock in that company would be worth billions? MS has even higher profits but omg how is Gates so wealthy?! Starting a company that hundreds of millions (or even billions) of people will pay money to use is not the same as earning a wage from one person.

Economic illiteracy is a huge problem in this country that no one talks about. And we wonder why someone like Trump gets elected.
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