this post was submitted on 11 Nov 2024
947 points (99.0% liked)

Comic Strips

12569 readers
3996 users here now

Comic Strips is a community for those who love comic stories.

The rules are simple:

Web of links

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] WaxedWookie@lemmy.world 59 points 3 days ago (5 children)

People have run the numbers on this - Bezos is far richer than even the greediest dragons sitting atop their mountains of gold.

[–] tal@lemmy.today 17 points 3 days ago* (last edited 3 days ago) (3 children)

I don't know how viable it'd be to get a viable metric.

https://www.goldeneaglecoin.com/Guide/value-of-all-the-gold-in-the-world

Value of all of the gold in the world

$13,611,341,061,312.04

Based on the current gold spot price of $2,636.98

https://en.wikipedia.org/wiki/Jeff_Bezos

He is the second wealthiest person in the world, with a net worth of US$227 billion as of November 7, 2024, according to Forbes and Bloomberg Billionaires Index.[3]

So measured in gold at current prices, he'd have about one-sixtieth of the present global gold supply.

However:

It's hard to know what the distribution of gold hoards are. One dragon might have an exceptionally large hoard.

It's hard to know how many dragons we're working with.

It's likely that a world with dragons has a different value of gold.

That gold in our world isn't actually accessible to Bezos at that price. If he tried buying that much, it'd drive up the price, reducing the effective percentage of the global share that he could afford to buy.

[–] bobs_monkey@lemm.ee 11 points 3 days ago

It's worth remembering that much of his wealth is likely tied up in the stock market, so he is probably sitting on a number of vouchers towards a pile of gold, in a addition to the swimming pool at home that he Scrooge McDuck swims in.

load more comments (2 replies)
load more comments (3 replies)