this post was submitted on 06 Jun 2025
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Nobody has done more to disprove the "Rich people are smarter than everyone else" idea.
Literally had someone saying that earlier today. Something along the lines of "you don't become the richest person in the world without some competency." Just ignore the fact he started on third base...
Not even. He started on home, he just claimed he ran there and for some reason people believed him even though he still had a bat in his hand.
Elon has had "Penisdick" written all over him since day one
I mean, yeah he had a lot of advantage, but he did have to do something right to become the richest man. But making some good gambles doesn't make you a good person nor does it mean you're great at everything.
Maybe he was good at finding companies at the right time to invest, but that means jack about any economic or political acumen. Same reason why we don't want businessmen in politics, being good at one thing does not mean you're good at everything.
He's a modern day Wilbur Ross, with some edits on background and rich-parent launchpad thrown in.
I don't know exactly how much his parents were worth, but his net worth has increased by many thousands of times. That's not "third base", saying he got where he is by luck and nepotism is just wilfully ignorant.
Trump, on the other hand, would have done better if he just left his money in a savings account.
I dunno, man, we could probably get into an entire dissertation about this, but I'm not totally convinced that most of these fabulously wealthy people didn't just fail upwards by throwing the spaghetti plate at the wall; the only difference between them and us is that, often, they start with a lot more spaghetti to throw
Pretty much all of the three digit billions crowd are in tech of some description. There's definitely an element of being in the right place at the right time, but there's also a lot of business skills as well.
A lot of their success seems to be recognising an opportunity before anyone else, whether that's luck or skill is difficult to know.
Pretty much everyone in the world has at some point in their lives had some idea or spotted some gap in the market that could be a successful product, but 99% of us don't get to act on that because the rent is due and will be due again next month.
I largely agree with what you're saying, but he's been in the right place at the right time 3 times, and made good on the potential. Maybe he was just really lucky, maybe he had dozens of things going and those 3 are the ones that panned out, maybe he was a genius that destroyed his talents with hubris and drugs. Certainly, having the financial security to take those chances was a big factor in his success, as much as apparently believing that success was all due to his inborn talent was a big factor on his continuing fall from grace.
You're familiar with survivor bias, yeah?
Most of their success comes from knowing when to fuck over other people
They hire people to do that for them, don't they?
How do they know who's full of shit and who knows what they're talking about though?
Recomendations from others?
How do you know they know what they're doing?
I don't, I'm guessing.