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To: nuconvert

Bezos 168 billon, Buffett 116 billon, Brin 110 billon, Page 108. Billon, Zuckerberg 68 billion, Bezos ex wife 47 billion. This Russian “oligarch” ... 11 billion.
Ours are called entrepreneurs... theirs are oligarchs. I guess it must be because theirs have outsized power over their society and government or something.


18 posted on 03/12/2022 7:51:41 AM PST by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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To: DesertRhino

All depends on how one wears the hate hat.


22 posted on 03/12/2022 7:58:23 AM PST by going hot (Happiness is a Momma Deuce)
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To: DesertRhino

Bezos made his business from nothing - thirty years ago he started his business in, of course, a garage. He is an extremely smart guy.

This is typical of the tech billionaires, and even Warren Buffet. In most ways the Chinese billionaires like Jack Ma did it the same way, they built a buisiness that succeeded wildly, by exploiting new tech more successfully than their competitors. This is the same thing that Henry Ford did, that Andrew Carnegie did.

You can argue that in becoming so successful some of them have become monopolists. This is IMHO true.

The Russians however became rich because they effectively received a land grant from their king, an exclusive right to exploit oil reserves somewhere, or bauxite, or timber. They are semi-independent agents of the state.


25 posted on 03/12/2022 8:07:11 AM PST by buwaya
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