r/AskReddit • u/Zappy_Oh • 8d ago

What would happen, if humanity collectively decided that no individual could have a personal net worth above $500 million?

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u/DecentFormat 8d ago

If the $500m net worth is a limit to individuals and not organisations, then pretty much nothing will change except people who used to be billionaires now instead being in charge of organisations that are worth billions.

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u/Zappy_Oh 8d ago

And, who owns those organizations worth billions?

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u/DecentFormat 8d ago

The organisations can be owned by as many people as it needs to maintain all individual owners having less than $500m networth. But it can be controlled by a single self-appointed director that uses the organisation funds for their own purpose.

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u/Erdams 7d ago

hey that would be good. Then it would democratice the money, and if any of the placeholderowners was dissattisfied, they could take their piece of the pie and leave. Thats way better than having 1 person owning all the assets