A pseudonymous creator with a sizable following posted a defense of billionaire wealth leaderboards, framing the displayed net-worth figures for names like Musk, Page, Brin, Bezos, and Ellison as capturing only a sliver of the total value delivered to employees, investors, customers, and society at large. Boom Supersonic founder and CEO Blake Scholl replied in agreement, noting that such lists are frequently misread as evidence of hoarding rather than indicators of wider surplus creation.
almost everyone reads this list as wealth hoarded.
it’s the opposite. each name here is a rounding error on the surplus they unleashed on to the world through both the peripheral individuals (employees, investors, etc) involved & the compounding value of their creation to society in general (which allows others to also pursue greatness).
The exchange highlights an ongoing tension in how wealth lists are interpreted, yet no broader reception data, thread reach metrics, or external corroboration appear in the available cluster.
Nothing in the posts connects the argument to Boom Supersonic’s aircraft development timeline, hiring plans, or funding status, leaving any business relevance unestablished.
Positive users support the argument that billionaire wealth creates societal surplus via investments and jobs, while negative users attack it as bootlicking fallacies and insults.
@signulll True of the Sackler family wealth as well?
@signulll @honeyNonABG That is a list of people who have made the world a better place
@signulll awful lot of men out there who seem to really want to be throating these billionaires. friendly reminder, it looks kind of gay
@signulll Our education system has completely failed the population, they have no conception of how basic economics work.
@signulll @honeyNonABG All I know is they’ve created a lot more millionaires than the government has
@stone_maison_ no system is perfect brother.
@signulll They should really adjust this list so it's two-tiered. Liquid wealth and illiquid wealth.
@signulll @wholemars Yup
almost everyone reads this list as wealth hoarded.
it’s the opposite. each name here is a rounding error on the surplus they unleashed on to the world through both the peripheral individuals (employees, investors, etc) involved & the compounding value of their creation to society in general (which allows others to also pursue greatness).
@signulll ask people to think what the world would look like if these people handn't made their riches?
@signulll glazing billionaires man 🥀🥀🥀🥀
@signulll It is how valuable their share of their respective company(s) are not how much value they created. Google and amazon have had shits with more revenue and profit than spacex. Elon being the richest man is because of delusion. Share price / earnings for tesla and spacex are horrid
@afqywd they ain't paying me bud but i do think free market capitalism & rules lifts all.
@signulll That is what people do not understand. Putting a figure beside their net worth's noting their positive impact on global GDP would help give these negative individual's head a shake.
@MusksChaosWeen lmao, unfortunately none of these ppl are paying me anything.
@signulll Technological innovation in a market system is inherently philanthropic, by a 50:1 ratio. The millions or billions of people who use the innovation to improve their lives will capture more value than they ever can.
@signulll I suspect their current cash / net worth ratios are absolutely tiny.
All of that wealth is deployed in some of the world's most productive businesses, it's nearly impossible to get that message over to the detractors though.
@signulll
@signulll If people believe this is from hoarding they are so misinformed their opinion is null. However their level of immense wealth should somehow be redistributed to the poor, the avenue of which that can/should be done is a timeless question
@signulll Larry Ellison spent a shit ton of money this year just to own the narrative for Israel. People think it’s Trump, but that’s just a byproduct of who is the most loyal. He secured it for Netanyahu.
@signulll