Top 5 Billionaires
1% of their equity and $1m per day how does it stack up
Guys, you’ve heard me talk about it before, but now I have compiled the data into a nice visual. I honestly think in the next few years we will begin to see calls for large mega cap companies to start designating shares to a general trust fund in order to close the gap funding for our current Social Security System. After all, you guys have listened to me prove that it is the expansion of the Federal Reserve asset base that offers all the base money to be multiplied by leverage to obtain higher and higher asset prices. Even fiscal stimulus like what we saw post Covid is also powering up the monetary cannons to concentrate wealth so acutely. So don’t be surprised if we start to see some counterbalancing of this wealth inequality start to target the very large MegaCap companies.
So in my graphic what I have pointed out is that for a mere 1% of the Top 5 Billionaires they could afford to give away $1m a day for a combined 28.3 years! It is crazy but when you look at the absolute disconnect between their actual net worth and relative income, well you should get the point, its reached obscene proportions.
So take a look at this chart, at the very top of the list is Elon Musk, where a mere 1% of his equity in Tesla could give $1 Million dollars away every single day, for the next 8.2 Years!! The group combined holds an astounding $1.033 Trillion dollars of unrealized equity net worth:
It is pretty amazing and just to really drive this point home, with Elon Musk worth $300 Billion, 1% is $3Bn and that would leave him with a paltry $297Bn…It is nothing honestly and Tesla itself could get a tax break from such a public/private ownership equity transfer. I believe that something will need to be done sooner or later, or society itself will force a monetary system change and it won’t be peaceful…history has proven this to be the case and its best if our leaders start to be proactive with the reality of our fiscal landscape rather than reactive before it is too late.
Inequality of wealth is always a product of unregulated and unchecked rogue capitalism because money always buys positions of power and influence, its inevitable and no I am not an anti-capitalist, but today’s economic and monetary landscape has very little to do with organic economics and monetary policy and more to do with a system designed to funnel capital to a very small subset of the general economy.
Ok we will be back with more, just wanted to get this short post out there, see what you think! I will send the subscriber trackers early tomorrow, boy o boy don’t miss it, lets just say MicroStrategy took a big hit today!
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