Viewing a single comment thread. View all comments

PM_ME_A_PLANE_TICKET t1_j3r8k0q wrote

Reply to comment by [deleted] in [OC] Mr. Buffett - The Older The Wealthier by LeverageShares

Conversely, that's how ridiculously rich he is now that the difference between 26k and a million is invisible.

125

1945BestYear t1_j3vzllh wrote

This is part of the reason why it's a bad argument when someone accuses, say, a hollywood director, with a famous name and a big house in LA, of being hypocritical if they say something negative, either directly or in their work, about billionaires. Quintin Tarantino, who's on an extreme end in terms of success and wealth for Hollywood directors, has something like $120 million to his net worth, which means he's worth just below 1000x the median American of his age bracket (about $200,000) At the same time, Elon Musk at $144 billion is worth more than 1000 Tarantinos. If somebody thinks a person as wealthy or even a hundredth as wealthy as Tarantino is 'rich', that's fine, but they gotta see how one is just in a different magnitude to the other.

2