<![CDATA[What creates billionaires, statistically speaking?]]>What creates billionaires, statistically speaking?

]]>https://board.circlewithadot.net/topic/dc584159-12ae-4b74-b498-c974c60263ae/what-creates-billionaires-statistically-speakingRSS for NodeFri, 05 Jun 2026 22:03:02 GMTWed, 03 Jun 2026 08:45:34 GMT60<![CDATA[Reply to What creates billionaires, statistically speaking? on Wed, 03 Jun 2026 09:44:51 GMT]]>@codinghorror

Abusive and exploitative business practices: 73%

Inheriting wealth from people who engaged in abusive and exploitative business processes: 27%

]]>https://board.circlewithadot.net/post/https://infosec.exchange/users/david_chisnall/statuses/116685530170442554https://board.circlewithadot.net/post/https://infosec.exchange/users/david_chisnall/statuses/116685530170442554Wed, 03 Jun 2026 09:44:51 GMT<![CDATA[Reply to What creates billionaires, statistically speaking? on Wed, 03 Jun 2026 09:29:24 GMT]]>@codinghorror

- A big part from 10% is from destroying the planet (including fossil-energy, plastics… )
- At leats part from 7 include over-priced junk food and toxic addictive crap
- Another 7% are landlords paaristes and leeches…
- …

And basically all of them take a shitton of public money…

Ah yes, "self-made men" being hated because of "anti-rich/anti-success jealousy"… according to themselves 🤡

]]>https://board.circlewithadot.net/post/https://mamot.fr/users/devnull/statuses/116685469436766944https://board.circlewithadot.net/post/https://mamot.fr/users/devnull/statuses/116685469436766944Wed, 03 Jun 2026 09:29:24 GMT<![CDATA[Reply to What creates billionaires, statistically speaking? on Wed, 03 Jun 2026 09:25:37 GMT]]>@codinghorror 99% by lack of sufficient taxes.

]]>https://board.circlewithadot.net/post/https://infosec.exchange/users/dascandy/statuses/116685454568021075https://board.circlewithadot.net/post/https://infosec.exchange/users/dascandy/statuses/116685454568021075Wed, 03 Jun 2026 09:25:37 GMT<![CDATA[Reply to What creates billionaires, statistically speaking? on Wed, 03 Jun 2026 09:23:37 GMT]]>@codinghorror So basically

53% are just rich by birth/speculation crap and other bullshit jobs

13% more from technofascism and bullshit jobs, that's artificial stupidity, crapvertising industry which is both
- a malware distribution networks
- surveillance capitalism
Helping authoritarian governments with mass surveillance tech and toxic business patrices (US companies software licensing models are basically ripoff… Same for UE proprietary software as they adopt the same toxic practices…

1/2

]]>https://board.circlewithadot.net/post/https://mamot.fr/users/devnull/statuses/116685446674159422https://board.circlewithadot.net/post/https://mamot.fr/users/devnull/statuses/116685446674159422Wed, 03 Jun 2026 09:23:37 GMT<![CDATA[Reply to What creates billionaires, statistically speaking? on Wed, 03 Jun 2026 09:03:31 GMT]]>@alesroubicek
In this context your original reply gets interesting.

Just to think about the obvious cases of being subsidised, particularly if government (esp. military/LEOs) is on the (cash) line (TL;DR: techfashbros et consortes).

@codinghorror

]]>https://board.circlewithadot.net/post/https://mastodon.social/users/dzwiedziu/statuses/116685367656820899https://board.circlewithadot.net/post/https://mastodon.social/users/dzwiedziu/statuses/116685367656820899Wed, 03 Jun 2026 09:03:31 GMT<![CDATA[Reply to What creates billionaires, statistically speaking? on Wed, 03 Jun 2026 09:00:15 GMT]]>@codinghorror

Arguably, most of the billionaires below the "Finance, investing, asset mgmt, trading" line belong on that line, since one becomes a billionaire at any of those companies by being lucky doing those four things.

]]>https://board.circlewithadot.net/post/https://infosec.exchange/users/bradr/statuses/116685354814033000https://board.circlewithadot.net/post/https://infosec.exchange/users/bradr/statuses/116685354814033000Wed, 03 Jun 2026 09:00:15 GMT<![CDATA[Reply to What creates billionaires, statistically speaking? on Wed, 03 Jun 2026 08:57:39 GMT]]>@dzwiedziu @codinghorror in my book, it is how to transition from millionaire to billionaire.

]]>https://board.circlewithadot.net/post/https://indieweb.social/users/alesroubicek/statuses/116685344578122959https://board.circlewithadot.net/post/https://indieweb.social/users/alesroubicek/statuses/116685344578122959Wed, 03 Jun 2026 08:57:39 GMT<![CDATA[Reply to What creates billionaires, statistically speaking? on Wed, 03 Jun 2026 08:56:46 GMT]]>@codinghorror
I see that choosing rich parents is still the most valued option! \s

]]>https://board.circlewithadot.net/post/https://mastodon.social/users/dzwiedziu/statuses/116685341097403411https://board.circlewithadot.net/post/https://mastodon.social/users/dzwiedziu/statuses/116685341097403411Wed, 03 Jun 2026 08:56:46 GMT<![CDATA[Reply to What creates billionaires, statistically speaking? on Wed, 03 Jun 2026 08:56:10 GMT]]>@alesroubicek
Perhaps they come after, as the parasi… pardon, the billionaire is already attached to the host.

@codinghorror

]]>https://board.circlewithadot.net/post/https://mastodon.social/users/dzwiedziu/statuses/116685338758865677https://board.circlewithadot.net/post/https://mastodon.social/users/dzwiedziu/statuses/116685338758865677Wed, 03 Jun 2026 08:56:10 GMT<![CDATA[Reply to What creates billionaires, statistically speaking? on Wed, 03 Jun 2026 08:52:01 GMT]]>@codinghorror I can't see state subsidies and bailouts in the chart.

]]>https://board.circlewithadot.net/post/https://indieweb.social/users/alesroubicek/statuses/116685322392099819https://board.circlewithadot.net/post/https://indieweb.social/users/alesroubicek/statuses/116685322392099819Wed, 03 Jun 2026 08:52:01 GMT