3 ms·

Gates is worth about $100B, Elon Musk about $850B. Let's call it $1T altogether. That would be at most about $115 per human on Earth (~8.5B humans). Not sure th

Gates is worth about $100B, Elon Musk about $850B. Let's call it $1T altogether. That would be at most about $115 per human on Earth (~8.5B humans). Not sure that is sufficient to "end hunger and homelessness."

carlob 1mo ago
let's set aside for a second the fact that this is not how things work, but you are off by an order of magnitude EDIT: parent comment was edited: it used to say $15
- trollbridge 1mo ago
  1 trillion divided by 8.5 billion is $117. Global GDP is around $126T, so accumulated wealth of less than 1% of global GDP can barely move the needle.
- lkbm 1mo ago
  Not sure which number you're questioning, but it all looks right to me: $852.7B[0] + $109.9B[0] = $962.6B ~= $1T ($1,000,000,000,000) World population ~= 8.3B (8,300,000,000)[1] $1,000,000,000,000 / 8,300,000,000 people = $120.481927711 per person[2] [0] https://www.forbes.com/real-time-billionaires/ https://www.forbes.com/real-time-billionaires/ [1] https://www.worldometers.info/world-population/ https://www.worldometers.info/world-population/ [2] https://www.google.com/search?q=%241%2C000%2C000%2C000%2C000+%2F+8%2C300%2C000%2C000 https://www.google.com/search?q=%241%2C000%2C000%2C000%2C000...
- xur17 1mo ago
  > you are off by an order of magnitude On which figure?
kridsdale1 1mo ago
That not even enough for DoorDash in Seattle.
dgellow 1mo ago
It’s not like giving that money to people is the only option. you can spend it in projects that produce food, build low cost houses, etc.
mcswell 1mo ago
Your calculation only makes sense if every one of those 8.5B humans is suffering from hunger and homelessness. Somewhere around 1 in 1000 people are homeless (https://worldmetrics.org/global-homelessness-statistics/ https://worldmetrics.org/global-homelessness-statistics/), and 1 in 12 or so has experienced "hunger" some time in the past year (https://www.fao.org/hunger/en/ https://www.fao.org/hunger/en/). Obviously the numbers depend on how you define "homelessness" and "hunger", but in any case this multiplies the $ that could be used to help individuals by those factors. Between $1000 (hunger) and $115,000 (homelessness) may not sound like a lot, but when your yearly income is around $1000, it can mean a lot.
sscaryterry 1mo ago
Those numbers are all funny money numbers. Neither could liquidate that and not fuck the rest of the world altogether.

carlob 1mo ago

let's set aside for a second the fact that this is not how things work, but you are off by an order of magnitude EDIT: parent comment was edited: it used to say $15

trollbridge 1mo ago
1 trillion divided by 8.5 billion is $117. Global GDP is around $126T, so accumulated wealth of less than 1% of global GDP can barely move the needle.
lkbm 1mo ago
Not sure which number you're questioning, but it all looks right to me: $852.7B[0] + $109.9B[0] = $962.6B ~= $1T ($1,000,000,000,000) World population ~= 8.3B (8,300,000,000)[1] $1,000,000,000,000 / 8,300,000,000 people = $120.481927711 per person[2] [0] https://www.forbes.com/real-time-billionaires/ https://www.forbes.com/real-time-billionaires/ [1] https://www.worldometers.info/world-population/ https://www.worldometers.info/world-population/ [2] https://www.google.com/search?q=%241%2C000%2C000%2C000%2C000+%2F+8%2C300%2C000%2C000 https://www.google.com/search?q=%241%2C000%2C000%2C000%2C000...
xur17 1mo ago
> you are off by an order of magnitude On which figure?

kridsdale1 1mo ago

That not even enough for DoorDash in Seattle.

dgellow 1mo ago

It’s not like giving that money to people is the only option. you can spend it in projects that produce food, build low cost houses, etc.

mcswell 1mo ago

Your calculation only makes sense if every one of those 8.5B humans is suffering from hunger and homelessness. Somewhere around 1 in 1000 people are homeless (https://worldmetrics.org/global-homelessness-statistics/ https://worldmetrics.org/global-homelessness-statistics/), and 1 in 12 or so has experienced "hunger" some time in the past year (https://www.fao.org/hunger/en/ https://www.fao.org/hunger/en/). Obviously the numbers depend on how you define "homelessness" and "hunger", but in any case this multiplies the $ that could be used to help individuals by those factors. Between $1000 (hunger) and $115,000 (homelessness) may not sound like a lot, but when your yearly income is around $1000, it can mean a lot.

sscaryterry 1mo ago

Those numbers are all funny money numbers. Neither could liquidate that and not fuck the rest of the world altogether.