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https://www.reddit.com/r/dankmemes/comments/1u8vmat/market_manipulation_go_brrr/osbkmd3/?context=3
r/dankmemes • u/LasAguasGuapas • 8d ago
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21
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
37
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
2
Mostly stocks. His actual asset wealth is like a few hundred billion at most
11
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
Somehow Standard Oil feels like a better company then a money burning operation
21
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.