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  • Elon Musk purchased shares of Twitter after unsuccessfully petitioning the CEO to remove a Twitter account tracking his private jet.
  • Musk's personal gripes played a key role in his $44 billion acquisition of Twitter.
  • Musk banned the account after promising not to, highlighting his prioritization of getting his way over free speech.

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[-] uriel238@lemmy.blahaj.zone 40 points 8 months ago* (last edited 8 months ago)

For perspective, $30 billion would afford the food and freight to feed every human on Earth for a year.

Less than that would make him a god in Haiti (that is, elevate the nation out of crisis and put a bronze statue of Musk in every state park commemorating how awesome he is.

A few billion could provide free high-speed internet to everyone worldwide. Curiously Musk considered this, but then wondered how to get everyone to pay fees for it.

ETA I got these values when we were discussing Bloomberg's wealth in 2019 when he was trying to Secret Hitler the Democratic party, and how much could be bought with the $500 million (at the time only 200 million was declared) he spent on his campaign. The $30 billion to feed the world value came up in in one of the news articles.

Well, the economy is much different and we're dealing with considerable inflation (and our billionaires, including Bloomberg are much richer.)

[-] BillSchofield@lemmy.world 60 points 8 months ago

I'm having trouble figuring out the math for this. My assumptions lead me to divide $30b by 8b people, which is about $4/person. I'm not confident that people can eat on $4 for a year.

What am I getting wrong?

[-] nnjethro@lemmy.world 11 points 8 months ago

Maybe it's to provide food security just for those who don't already have it

[-] Caligvla@lemmy.dbzer0.com 13 points 8 months ago

They clearly stated

food and freight to feed every human on Earth for a year

It's a shit load of money, but let's be honest you need way more than that to feed everyone. If Musk decided to donate all of his fortune, then maybe that'd be true.

[-] NotMyOldRedditName@lemmy.world 5 points 8 months ago* (last edited 8 months ago)

Musks fortune was only 340b at its peak, and the moment he tried to access 44b of it for Twitter it collapsed the price.

Even 340b is still only $41 a year for everyone.

[-] Riven@lemmy.dbzer0.com 4 points 8 months ago

Yea even assuming the 340b a 25 pound bag of rice was about 22 bucks when I googled it and about the same for cheap beans. Maybe between the two a person could survive a long time but it wouldn't be pleasant. I'm sure if you buy in those bulks you could get it for way cheaper too but still, math doesn't add up.

[-] sundray@lemmus.org 3 points 8 months ago

Based on the prices I looked up you could feed everyone on Earth 1,800 kcal of potatoes for one day for around 40 billion USD. So... lets do it! Global spud day! Don't ask me where to get a pot that big for boiling all them taters though.

[-] uriel238@lemmy.blahaj.zone 1 points 8 months ago

You do make a relavant point. Prices have doubled in the last couple of years and I think the statistic is from the early 2010s.

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this post was submitted on 12 Feb 2024
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