this post was submitted on 12 Jun 2025
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Title. I honestly think he is genuinely more clever than the richer, more glory hogging power players, but that's just a guess.

https://www.padmagazine.co.uk/lifestyle/peter-thiels-net-worth-how-rich-is-the-paypal-founder-in-2025/27058/

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[โ€“] chobeat@lemmy.ml 5 points 3 days ago

Money is not a measure of power. Power is always relational, positional. You can position yourself better and build relationships using money, but you can also waste a lot of it to gain very little power.

It's ultimately about what actions you enable for the people who side with you, and money is a great enabler, but if we are talking about private entrepreneurs, usually the vast majority of their wealth cannot be freely allocated to political projects, but it's blocked to generate further capital. The portion you decide to spend to garner political, social and mediatic capital, and how you spend it, matters more than your total wealth.