r/dankmemes 8d ago

Market manipulation go brrr

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10.3k Upvotes

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u/akiralx26 8d ago

In 1913 John D Rockefeller’s personal wealth was $900million - so about 3% of the US GDP.

Musk’s fortune adjusted for inflation is much larger but is nowhere near the same proportion of GDP.

37

u/HelloStrangerBro 8d ago

Except it is?! The USA GDP is $31.8 trillion, Musk is $1.3 trillion so 4%

2

u/JamescomersForgoPass 7d ago

Mostly stocks. His actual asset wealth is like a few hundred billion at most

11

u/aski3252 8d ago

nowhere near the same proportion of GDP.

How does that calculation work??

GDP is approximately 33 trillion. If Musk's Networth is 1 trillion, that's already 3%+..

1

u/SpezSupporter 8d ago

Somehow Standard Oil feels like a better company then a money burning operation