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[-] protist@retrofed.com 23 points 1 week ago* (last edited 1 week ago)

MacKenzie Scott actually helped found Amazon, she married Bezos before Amazon even existed and literally worked on it with him from the very beginning. The whole idea that she married into wealth or "got it from the divorce" reeks of sexism.

She's also rapidly giving away her money with no strings attached, and she's supporting underserved communities all over the US. The HBCU in my city got a massive grant from her that's totally transformed what it will be capable of, for example. I just don't get why you're choosing this person to rag on out of all the truly vile billionaires out there

[-] SoleInvictus@lemmy.blahaj.zone 18 points 1 week ago

I don't see it as ragging on her. I think she is being used as an example as she has given away more in proportion to her total wealth than most other billionaires yet is now worth more than ever. The point I believe this meme is making is billionaires will still continue to be obscenely rich even if they are heavily taxed.

[-] smeenz@lemmy.nz 3 points 1 week ago* (last edited 1 week ago)

I see it as pointing out that even after giving away around 2/3rds of her wealth, the remaining third managed to generate more than what was given away.

In other words, an example of the axiom that you need money in order to make money, and if you have an obscene amount like $10 billion , it can double itself easily without any real effort on your part required

[-] Bamboodpanda@lemmy.world 15 points 1 week ago

I respect her contributions and philanthropy. I just don’t think essential social support should depend on the generosity of billionaires instead of stable public systems.

[-] protist@retrofed.com 4 points 1 week ago

No argument here

[-] echodot@feddit.uk 4 points 1 week ago

No human needs a billion dollars. It's an utterly obscene amount of money and just because you give away $26 billion does not mean that the remaining 10 billion is an acceptable amount to keep.

[-] protist@retrofed.com 5 points 1 week ago

I don't disagree, but my points still stand

[-] osanna@lemmy.vg 3 points 1 week ago

A million seconds is 11 days or so. A billion seconds is 31 YEARS.

just to put it in perspective of how big a billion truly is

[-] nonentity@sh.itjust.works 21 points 1 week ago

Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.

Corporations are the only ‘persons’ which should be subjected to capital punishment, but billionaires should be euthanised through taxation.

[-] qevlarr@lemmy.world 3 points 1 week ago

Financial obesity, love that term

[-] AFKBRBChocolate@lemmy.ca 18 points 1 week ago

People have a hard time conceptualizing really big numbers, and a billion is a really big number. If you put $1B into a fixed rate investment earning 5% annually, you'd be getting $50M a year just from that. Most investments in the market do much better than that. So if she kept just (just!) $10B of what she got, she could easily be getting back well over $500M without doing anything at all. Every year, forever. If she doesn't spend or give away that much, then what she gets back grows.

[-] meco03211@lemmy.world 20 points 1 week ago

The difference between 1 million and 1 billion is about 1 billion.

[-] Akh@lemmy.world 10 points 1 week ago

$1M in $100 bills weighs 10 kilos. $1B in $100 bills weighs 10,000 kilos.

[-] SpaceNoodle@lemmy.world 4 points 1 week ago

Yes, one thousand times one million is one billion.

[-] DontRedditMyLemmy@lemmy.world 3 points 1 week ago

Er...hmmm... freedom units plz!!

[-] fartographer@lemmy.world 4 points 1 week ago

Like, 2 elephants, one asteroid, and 16 1998 cloth top convertible Miatas

[-] Lupus108@sh.itjust.works 9 points 1 week ago

To imagine the huge difference between a billion and a million I always liked the example - a million seconds is roughly 11.7 days, a billion seconds is around 31.7 YEARS.

[-] Ulvain@sh.itjust.works 16 points 1 week ago* (last edited 1 week ago)

I prefer the "having 10,000$ is one step on the stairs" image.

Most people will never be on the first step, apart from people in industrialized countries and even then, not everyone.

A millionaire will be about 100 steps up, or about 4 floors. Ah ha! Look at you all small down there from my 4th floor vantage point!

Then a billionaire, in that same analogy, is 100,000 steps up, or 11 miles, somewhere in the fucking stratosphere. Think they can see the difference between you and the millionaire from up there?

Musk, at 680,000,000,000$? He's passed the fucking ISS, 750 miles from the Earth, basically wealth stops having any kind of meaning or human scale.

[-] webghost0101@sopuli.xyz 3 points 1 week ago* (last edited 1 week ago)

“You need to “earn” 1300 dollar per hour from the moment of birth to almost be a billionaire at 30 years old” - another way to perceive it.

You need to “earn” 317.10 dollar per second ($1.14 million per hour) around the clock to become a trillionaire at 100 years old.

[-] Black616Angel@discuss.tchncs.de 1 points 1 week ago

Okay, it's early where I am, but 1300*24(hours)*365,25(days/year)*30(years) is not a billion. It's 341.874.000, so barely a third of the way. You need to 'earn' roughly 3803$ per hour to be over a billion in 30 years.

[-] AFKBRBChocolate@lemmy.ca 2 points 1 week ago

Yeah, that's a good one.

[-] kboos1@lemmy.world 7 points 1 week ago

What about having $1bil and giving away $1mil is like having $1k and giving away a $1.

[-] AFKBRBChocolate@lemmy.ca 3 points 1 week ago
[-] Ulvain@sh.itjust.works 8 points 1 week ago

Except that the 1$ i give. I can imagine using it, just like i can imagine using the other 999$.

Billionaires have more money than they can imagine using, it's completely insane

[-] AFKBRBChocolate@lemmy.ca 2 points 1 week ago

What if you wanted to buy yourself something pretty, like Microsoft?

[-] lemmyng@lemmy.world 3 points 1 week ago

Then they'd have even MORE money they couldn't imagine using, and then they'll buy more companies, IPs and other shit that will give them even more money they couldn't imagine using and then they'd ha-DO YOU SEE THE PROBLEM HERE?!

[-] vairse@lemmy.world 3 points 1 week ago

Musk literally did that when he bought Twitter though, and is still in n trajectory to being the first trillionaire. At the level of billionaires, it no longer matters what you do, everything generates money and doesn't actually use your assets anymore

[-] AFKBRBChocolate@lemmy.ca 2 points 1 week ago

Yeah, I was being sarcastic

[-] BigBenis@lemmy.world 4 points 1 week ago

If you had $500k, you could buy an average house in my area. If you had $1M, you could buy two. If you had $1B, you could buy 2000 i.e. the entire neighborhood.

[-] AFKBRBChocolate@lemmy.ca 1 points 1 week ago
[-] HulkSmashBurgers@reddthat.com 2 points 1 week ago

50 million the first year. Each succesive year would be more because of compounding interest.

[-] radiofreebc@lemmy.world 1 points 1 week ago* (last edited 1 week ago)

I always say to people "how long is one million seconds?"

The answer is 11.5 days.

Then i say "how long is a billion seconds?"

The answer is 31.7 YEARS.

Nobody needs to be a billionaire.

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[-] Brokkr@lemmy.world 1 points 1 week ago

Another way to think about this, if she invested the $10B as you said, she could spend $1M every DAY forever and still have about $130 left over each year.

How much would you need to spend in a day to have a very comfy life? I could maybe think of a way to spend 10k, I would struggle to spend 100k in a day. I have no idea how to spend 10x that much EVERY DAY.

[-] LillyPip@lemmy.ca 1 points 1 week ago
[-] wonderingwanderer@sopuli.xyz 2 points 1 week ago

Holy shit, I knew it was a crazy scale, but that flabbergasted me...

[-] LillyPip@lemmy.ca 14 points 1 week ago* (last edited 1 week ago)

Such a small fraction of their net worth would change my life that it’s equivalent to pennies you might find in your sofa. Like not even millions or hundreds of thousands, but a thousand. A thousand would be life changing to me right now, and that’s .0001 of their worth.

Just LOOK.

Nobody should have that kind of money. Slay the dragons.

[-] lemmyng@lemmy.world 8 points 1 week ago

Every fact I scrolled past and read on that made me more depressed while slowly raising my blood pressure.

Throw the rich in a ditch.

[-] LillyPip@lemmy.ca 3 points 1 week ago

It gets annoying and boring to scroll. But that’s the whole point. Keep scrolling and it gets so much worse.

[-] user_name@lemmy.world 10 points 1 week ago

And she’s actively trying to give it all away and she’s doing it faster than other “philanthropists.” She didn’t start a foundation which will hoard most of it and give a tiny (legal minimum) away each year but is instead makimg direct gifts. She also isn’t giving small gifts to small organizations to help them grow, she’s making big gifts to big orgs that can handle the money.

And despite all of this is continues to grow too rapidly.

[-] kboos1@lemmy.world 3 points 1 week ago

Can she give me a small gift? Really anything more than what I have now would be nice but $1mil would be really cool?

[-] areakode@riskeratspizza.com 4 points 1 week ago

I agree. I could do a lot of good in my community with just $1 million.

[-] LillyPip@lemmy.ca 6 points 1 week ago* (last edited 1 week ago)

There are no ethical billionaires.

Can’t remember his name (which was his point), but there was one who donated all but 1 million to causes, and left in his will that everything should be donated. All anonymously. He said nobody needs more than a million, and didn’t want to be named in things.

He was the only one who seemed to get it, and I can’t remember his name, which seemed to be what he wanted. All the rest are snakes.

[-] Ghis@lemmy.world 4 points 1 week ago

Chuck Feeney. An actual role-model to follow if you become uber-wealthy.

[-] osanna@lemmy.vg 2 points 1 week ago

Though he was never uber wealthy (because he chose not to be) but the woz donates his meagre wealth to schools and museums. He could have been Elon musk wealthy but he chose not to.

[-] sparky@lemmy.federate.cc 5 points 1 week ago

And Jeff has given away $0. That guy is truly the scum of the earth.

[-] Tollana1234567@lemmy.today 1 points 1 week ago* (last edited 1 week ago)

he married a reptile queen to, he married a plastic doll that likely wont challenge or sue him like mackenzie woud. and his networth is like 300bn right now. up from 70bn before the pandemic.

[-] Tollana1234567@lemmy.today 1 points 1 week ago

she also refused to be named on any buildings after her, its only way to know you are genuine. unlike zuckerberg who donated to SFGH, TO name it after himself.

[-] its_kim_love@lemmy.blahaj.zone 1 points 1 week ago
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this post was submitted on 17 May 2026
160 points (98.8% liked)

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