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That’s just rich people on the left, a billionaire is seriously something way more (depressing), and those with 2, 8, 15 billions are IMO mentally ill, for those needing even more … We need a new word for how ill they are.

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MrScruff@lemmy.zip ⁨1⁩ ⁨day⁩ ago
Illionaire

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- Denjin@feddit.uk ⁨1⁩ ⁨day⁩ ago
  New Nas album just dropped
  
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NateNate60@lemmy.world ⁨1⁩ ⁨day⁩ ago
It’s not reasonably possible to own the stuff on the left without being a billionaire. All of that would cost hundreds of millions.

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- Lost_My_Mind@lemmy.world ⁨1⁩ ⁨day⁩ ago
  Right…what he’s saying is that’s not a great measure of BILLIONAIRES if it only costs MILLIONS.
  
  It’s underselling how big the gap really is.
  
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  - NateNate60@lemmy.world ⁨1⁩ ⁨day⁩ ago
    I’m not underselling anything. I believe a quick napkin calculation will show that it’s roughly in the right ballpark.
    
    Private jet: 100 million USD each (reference)
    
    Superyacht: 500 million USD each (reference)
    
    Sports car: 150 thousand USD each (reference)
    
    Mansion: 10 million USD each (reference)
    
    Total: 741 million USD
    
    Most billionaires keep most of their wealth in actual investments (stock, bonds, Caymanian bank accounts, ~~swimming pools filled with gold coins~~). Though this information is not public, let us assume that only 10% of their wealth is contained within these “lifestyle” objects, which is likely an overestimation. This would give us a total of 7.4 billion USD
    
    Given the actual average wealth of a billionaire to be 5.3 billion USD (reference), I maintain the objects I have described accurately describe what a typical billionaire would be able to afford (if not slightly more than they could afford, actually).
    
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