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It was actually gifted to him by his parents, in the form of a $300,000 loan. How is it so difficult to accept that the vast majority of the wealthy were helped
by cultus 6y ago
It was actually gifted to him by his parents, in the form of a $300,000 loan. How is it so difficult to accept that the vast majority of the wealthy were helped by having wealthy parents rather than pulling themselves up their bootstraps?
https://en.wikipedia.org/wiki/Jeff_Bezos#Business_career https://en.wikipedia.org/wiki/Jeff_Bezos#Business_career
- airstrike 6y agoHow many people with $300k go on to build Amazon? Nobody is saying he didn't have any help, and that's frankly not the bar we want to measure people by.
- cultus 6y agoStatistically, people with wealthy parents are far more likely to be wealthy than those of poor parents. Bezos would have been far less likely to create Amazon did he not get that loan. Do you dispute this?
- airstrike 6y agoI don't dispute that, but also don't want to write policy to change that. It isn't really an informative fact. It's almost obvious, really.
- kolbe 6y agoMaybe. So what? No one is an individual. “He” is also a product of his parents’ DNA mixing to produce an intellectually healthy and superior brain. His parents also stuffed copious amounts of useful information into that brain. As did people around him growing up. And his parents used savings, likely derived from many generations of people passing on their wealth/culture/knowledge, to aid in the continuation of their DNA’s importance to humanity.
- isoskeles 6y ago$188,700,000,000 - $300,000 = $188,699,700,000
- ajtulloch 6y agoThis is exactly the same level of mathematical sophistication as in Paul's original post.
- isoskeles 6y agoI don't exactly give a shit, I googled Bezos current net worth. I'm savvy enough to know it's not liquid cash, if you're trying to make a snarky remark. Or you could just say what you mean.
- WalterBright 6y ago> loan People borrow $300,000 all the time to buy a house.