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taeric 11 hours ago

Many people don't have any real understanding of how wealthy people have been in the past. The Walton family is a fun case. Split the fortune among the family and there are still billionaires in the mix.

Edit: should add that Elon is still valued at a good percentage of the US gdp. So, not unreasonable to say that is incomprehensible, as well. By that measure, is similar to Rockefeller, I think.

lotsofpulp 8 hours ago | parent [-]

I wouldn’t use the Waltons in this example, considering Walmart is eclipsed by a few companies, and even by 50% by one business that Musk has a significant share of.

taeric 8 hours ago | parent [-]

Silly comparison, all told. Walmart is the single largest private employer. 1.6 million in the US. Literally 10x what Tesla and SpaceX have. Such that it is clear valuation is tough.

Look, Elon is worth a lot. Walton family is worth as much, as well. Just split among several people. None of which should be scoffed at. None are made more impressive by pretending the others are less.