Who can even afford to own a garage in which to be scrappy in these days?
GarageBNB will be a Catch-22.
Zuckerberg,Bezos,Gates.Behind Every Self-Made Millionaire Is a Father with Money
21–30 of 55 posts
Re: Zuckerberg,Bezos,Gates.Behind Every Self-Made Millionaire Is a Father with Money
#22Funny, the only mention of Elon Musk is in the description of the header photo... I wonder, why include him in the photo at all if you're not going to talk about him? Did he have rich parents? So what I'm getting from the article is that these three men lived in middle class households in the 70s, 80s and 90s, a period in America with a strong middle class, and that by today's standards had well off parents, but by t…
Everyone knows Elon Musk’s father owned a emerald mine in Zambia. The only person who denies it is Elon.
There's no evidence of actual ownership
Re: Zuckerberg,Bezos,Gates.Behind Every Self-Made Millionaire Is a Father with Money
#23> Behind Every Self-Made Millionaire Is a Father with Money Dumb headline, obviously wrong. It may be true for those billionaires but there are many millionaires for which this isn't true. I know single-digit millionaires who ran away from home as teenagers and never had anything to do with their parents again.
It should be apparent that the movement of balance sheets (in the form of income sheets) can be modeled approximately by (discrete and/or discontinuous) partial differential equations. The fundamental principle is rate of change of the balance sheet is relatively proportional to the amount present. Qualitatively, "It takes money to make money." Thus, a homeless person getting from $0 to $1M cannot be had without some range of help of others and a person growing at roughly $100M to $101M shouldn't be as difficult per se.
Corollary: If you can count your money, then you're not rich. (Liquid net worth is always an educated guess, varies by kinds of assets and debts, liquidation timeframe, and varies by the day.)
Re: Zuckerberg,Bezos,Gates.Behind Every Self-Made Millionaire Is a Father with Money
#24> Behind Every Self-Made Millionaire Is a Father with Money Dumb headline, obviously wrong. It may be true for those billionaires but there are many millionaires for which this isn't true. I know single-digit millionaires who ran away from home as teenagers and never had anything to do with their parents again.
You know what is difference between a million and a billion? Approximately a billion.
Ah, I remember when a billion really was a billion. These paltry thousand millions are chicken feed.
"Previously in British English (but not in American English), the word "billion" referred exclusively to a million millions (1,000,000,000,000). However, this is not common anymore, and the word has been used to mean one thousand million (1,000,000,000) for several decades."
Re: Zuckerberg,Bezos,Gates.Behind Every Self-Made Millionaire Is a Father with Money
#25Funny, the only mention of Elon Musk is in the description of the header photo... I wonder, why include him in the photo at all if you're not going to talk about him? Did he have rich parents? So what I'm getting from the article is that these three men lived in middle class households in the 70s, 80s and 90s, a period in America with a strong middle class, and that by today's standards had well off parents, but by t…
Everyone knows Elon Musk’s father owned a emerald mine in Zambia. The only person who denies it is Elon.
Musk has a million dogecoin bounty for anyone who can prove that claim. There are interviews with his dad where his dad says basically he bought some emeralds from an Italian guy who was chiseling them from a rock in the ground. That's a far cry away from an emerald mine fortune, when I think "emerald mine" I think John of God level fortunes, and they used what money they made to move out of South Africa. From my understanding they were middle class at best.
Re: Zuckerberg,Bezos,Gates.Behind Every Self-Made Millionaire Is a Father with Money
#26Lol so now the article is getting edited as criticism builds in this thread? If that isn't evidence that someone's trying to create a narrative...
Re: Zuckerberg,Bezos,Gates.Behind Every Self-Made Millionaire Is a Father with Money
#27How are people reading this? It's behind a paywall.
They have rich fathers.
Re: Zuckerberg,Bezos,Gates.Behind Every Self-Made Millionaire Is a Father with Money
#28Earlier quoted context omitted.
You know what is difference between a million and a billion? Approximately a billion.
So given that, these million dollar loans they received from family to start their businesses really don't amount to much. And Bezos only got $240k.
To be honest, I do care way more about how horrible work conditions they provide in their companies. Especially to the more vulnerable and low paying positions.
Re: Zuckerberg,Bezos,Gates.Behind Every Self-Made Millionaire Is a Father with Money
#29Steve Wozniak, Steve Jobs
Re: Zuckerberg,Bezos,Gates.Behind Every Self-Made Millionaire Is a Father with Money
#30Earlier quoted context omitted.
Everyone knows Elon Musk’s father owned a emerald mine in Zambia. The only person who denies it is Elon.
Musk has a million dogecoin bounty for anyone who can prove that claim. There are interviews with his dad where his dad says basically he bought some emeralds from an Italian guy who was chiseling them from a rock in the ground. That's a far cry away from an emerald mine fortune, when I think "emerald mine" I think John of God level fortunes, and they used what money they made to move out of South Africa. From my und…
I find entertaining the show of cynicism when Musk himself started the rumour about the emerald mine [0]:
> Elon Musk: "... In South Africa, my father had a private plane we’d fly in incredibly dangerous weather and barely make it back. This is going to sound slightly crazy, but my father also had a share in an Emerald mine in Zambia."
Musk's father gave an interview [1] where he explains what the mine business was about. He also shares that he had to sell his "ocean going yatch" to send his family money overseas. Musk is not a trust fund baby, but he wasn't coming from middle class either.
[0] https://web.archive.org/web/20140729222547/http://www.forbes...
[1] https://www.the-sun.com/news/7911051/elon-musks-dad-errol-em...