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They aren't gonna stop are they? (lemmy.dbzer0.com)
submitted 1 month ago by to c/aboringdystopia@lemmy.world
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cross-posted from: https://lemmy.dbzer0.com/post/71026243

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[–] 46 points 1 month ago* (2 children)

Nah the wealthiest people aren't on the list, and they are much wealthier than any of these guys. The family of Saud is way up there but keep most of their wealth hidden.

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  • [–] [S] 49 points 1 month ago (1 child)

    They're a big family though, none of which have more than Musk INDIVIDUALLY.

    You'd be right about Putin and other despots with de facto one person ownership of entire countries worth of wealth and resources, though.

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  • [–] 20 points 1 month ago (2 children)

    Yes if you think what they report officially is correct. Most everyone is aware they only report a small fraction of their wealth. Musk is by far not the first trillionair, he is the first one publicly.

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  • [–] 10 points 1 month ago (1 child)

    Most everyone is aware

    Evidently not true if you have to insist on it being true.

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  • [–] -5 points 1 month ago (1 child)

    Most != All

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  • [–] 5 points 1 month ago (1 child)

    Ah yes, I'm just part of that small, stupid minority. Gotcha.

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  • [–] -3 points 1 month ago

    I mean you said it, not me. They are like the most infamous for hiding their wealth. Maybe them and Major CPC party members are another. Of course characters like Putin and Kim (and associated upper brass) also hide the vast majority of their wealth. Like it kinda goes without saying, they have no reason to tell anyone and there is zero benefits in telling anyone.

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  • [–] 1 point 1 month ago (1 child)

    Yeah I suspect this doesn't account for "old money" at all. That class of people is so entrenched they own such foundational layers of society that nothing touches them at all. If anyone knew what they owned it could be taxed away from them.

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  • [–] 1 point 1 month ago*

    Security through obscurity is a very valuable lesson. It's the king who rules in public who gets his head chopped off. This is why some find these more public personas to be placeholders for the real movers and shakers. If one stays out of the limelight they can weather changes and maintain control.

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