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@edgemaster72@lemmy.world

2026-11-06 14:37 UTC

Isn’t he supposedly a trillionaire these days? $80B is a good start, but it’s not nearly enough

Replies (3)

  • @Freeposity@lemmy.world 2026-11-06 14:43

    Yeah the fact that this 80 billion dollar loss, which is larger than the GDP of a lot of countries, has zero effect on his quality of life is a pretty good indicator that billionaires are a danger to our economy.

    Open ##5491707

  • @OwOarchist@pawb.social 2026-11-06 17:58

    Isn’t he supposedly a trillionaire these days? Only briefly, he went back down under $1T only a week or two after reaching it.

    Open ##5492532

  • @MangoCats@feddit.it 2026-11-06 21:37

    Put together $765M in direct contributions, $40B loss in the Twitter-Xitter transmografication, call it $50B in total “investment”. In 2015 he was worth about $13B, today, after losses, he’s worth in the neighborhood of $770B, that’s a CAGR of around 45%, $50B “losses” while that kind of growth is happening is in the noise.

    Open ##5494460