Re:Twitter CEO fires two top executives, freezes hiring
by auntienomen on Friday May 13, 2022 @01:05AM
(#31363555)
I think Rockefeller probably wins when the contest is 'fraction of available wealth captured'. The world is far richer today than it was in his days. We have wealthier people, even inflation adjusted, but I don't think we've had any one since who owned so much of what existed.
Re:Twitter CEO fires two top executives, freezes hiring
by pixl97 on Thursday May 12, 2022 @03:39PM
(#31359261)
Tesla is also a worldwide company and trading around the world is significantly faster and easier than in Rockefeller's days.
Re:Twitter CEO fires two top executives, freezes hiring
by JasonFruit on Friday May 13, 2022 @11:04AM
(#31368582)
Your figures are clearly correct. I accepted what an article said without checking into it myself. Thanks for doing the work I should have done.
Elon's is around $240B, so it sounds like 10x the amount.
Even by different calculations, it seems like an order of magnitude is a big difference.
By GDP, they are both worth around 1% of the US GDP, but the US GDP is many times what it was then, particularly post-WWII.
Musk's buying power seems significantly more than Rockefeller's by any metric.
1. https://www.usinflationcalculator.com/