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warkdarrior 13 hours ago

Gates is worth about $100B, Elon Musk about $850B. Let's call it $1T altogether. That would be at most about $115 per human on Earth (~8.5B humans). Not sure that is sufficient to "end hunger and homelessness."

mcswell 11 hours ago | parent | next [-]

Your calculation only makes sense if every one of those 8.5B humans is suffering from hunger and homelessness. Somewhere around 1 in 1000 people are homeless (https://worldmetrics.org/global-homelessness-statistics/), and 1 in 12 or so has experienced "hunger" some time in the past year (https://www.fao.org/hunger/en/). Obviously the numbers depend on how you define "homelessness" and "hunger", but in any case this multiplies the $ that could be used to help individuals by those factors. Between $1000 (hunger) and $115,000 (homelessness) may not sound like a lot, but when your yearly income is around $1000, it can mean a lot.

sscaryterry 8 hours ago | parent | prev | next [-]

Those numbers are all funny money numbers. Neither could liquidate that and not fuck the rest of the world altogether.

carlob 13 hours ago | parent | prev | next [-]

let's set aside for a second the fact that this is not how things work, but you are off by an order of magnitude

EDIT: parent comment was edited: it used to say $15

trollbridge 12 hours ago | parent | next [-]

1 trillion divided by 8.5 billion is $117. Global GDP is around $126T, so accumulated wealth of less than 1% of global GDP can barely move the needle.

lkbm 12 hours ago | parent | prev | next [-]

Not sure which number you're questioning, but it all looks right to me:

$852.7B[0] + $109.9B[0] = $962.6B ~= $1T ($1,000,000,000,000)

World population ~= 8.3B (8,300,000,000)[1]

$1,000,000,000,000 / 8,300,000,000 people = $120.481927711 per person[2]

[0] https://www.forbes.com/real-time-billionaires/

[1] https://www.worldometers.info/world-population/

[2] https://www.google.com/search?q=%241%2C000%2C000%2C000%2C000...

xur17 12 hours ago | parent | prev [-]

> you are off by an order of magnitude

On which figure?

dgellow 12 hours ago | parent | prev | next [-]

It’s not like giving that money to people is the only option. you can spend it in projects that produce food, build low cost houses, etc.

kridsdale1 12 hours ago | parent | prev [-]

That not even enough for DoorDash in Seattle.