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Capitalism is dead, says a millionaire on track to become a billionaire.
by jojobas 3y ago
Capitalism is dead, says a millionaire on track to become a billionaire.
- defrost 3y agoHe'll be lucky to hit a billion. The million was media money, book returns, and he declared nearly half a million paid back in taxes. Near as I can tell the ire was generated due becoming rich from books describing the Greek plumment into very not rich, leading to calls of Yanis being a champagne socialist profiting from the misfortune of many. https://www.thetimes.co.uk/article/greeks-sneer-as-yanis-varoufakis-reveals-fortune-n3t523c6h https://www.thetimes.co.uk/article/greeks-sneer-as-yanis-var... The full wiki on this Greek - Australian (became a citizen of Oz in 1991) is: https://en.wikipedia.org/wiki/Yanis_Varoufakis https://en.wikipedia.org/wiki/Yanis_Varoufakis
- jojobas 3y agoSo, he became rich by exercising capitalism (investing his time and insight in writing his books and getting handsome returns, owning a "substantial property portfolio" etc). Anyone would be lucky to become a billionaire, people already reporting ~1M euro annual income require much less luck.