Some billionaires — eventually — do good things with “their” money. Many do not. And all of them got to be billionaires by doing things that must be, almost by definition, illegal, immoral or at the very least worse than persistent body odor.
Billionaires have some non-typical traits, yet …
According to UBS and PwC, companies run by billionaires enjoyed returns of 17.8% from 2003 through 2018. That’s compared with the MSCI AC World Index’s 9.1% return during the same time period. Billionaires’ companies were also consistently more profitable and performed better in the six years following an initial public offering than companies controlled by nonbillionaires, according to the study.
Mere billionaires, hah. The first trillionaires late in this century will extend present R and D into advanced technologies to provide lunar and asteroid mining, lifespan extension medicines, and nanotechnology to build complex structures in outer space and inner space.
But the very first will perfect an effective way to capture or transform or eject excess CO2 and methane in Earth’s atmosphere: not glamorous like other things, but prerequisite for other things to be of true lasting value to great numbers of people.
McFadden is über jealous hahaha!
and yet the US senate will not raise taxes on these folks
Billionaires in Space…….no real benefits, and not at all funny like ‘Pigs in Space’.
Everyone (?) seems to be worried about the climate and the need to reduce our carbon footprint.. wonder what the carbon footprint of that little excursion to the edge of space was?
Tax the rich, they have all the money.
instead of bitching about it ,go be a billionaire
That’s some art work you got there, that Gender Fluid Human in the last panel is great. Some Phallic cues too.
Brian, you do excellent re-caps!
To be completely fair, there was some trickle down. The construction and support for those space flights provided employment for quite a while. Haven’t looked up any data on that, though.
Billionaires milk society. It’s a world wide issue, not just the U.S.