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No one gets extremely rich selling food, water and electricity because these fields attract government intervention all the time. (Not saying it's a bad or goo
by raincole 2y ago
No one gets extremely rich selling food, water and electricity because these fields attract government intervention all the time.
(Not saying it's a bad or good thing, nor saying AI is comparable)
- abrichr 2y agoFood: - Ray Kroc – Turned McDonald's into a global fast-food empire. - Howard Schultz – Scaled Starbucks into an international giant. - Michele Ferrero – Created Nutella, Kinder, and Ferrero Rocher, making his family billionaires. Water: - François-Henri Pinault – Controlled Evian via Danone. - Antoine Riboud – Expanded Danone into a bottled water empire (Evian, Volvic). - Peter Brabeck-Letmathe – Former Nestlé CEO; Nestlé owns Perrier, Pure Life, Poland Spring, etc. Electricity: - Warren Buffett – Berkshire Hathaway Energy owns multiple utilities. - Li Ka-shing – Built major energy holdings through CK Infrastructure. - David Tepper – Invested heavily in power utilities via Appaloosa Management.