December 8, 2021

Loans

Its All About The Money

Elon Musk, Jeff Bezos, And Why Everything You Know About Billionaires Is Wrong

13 min read

In this episode, Chelsea dissects our cultural misconceptions about billionaires, the origins of success, and the bootstrap mindset that plagues our understanding of what people can realistically achieve with hard work alone.

AOC dress: https://nypost.com/2021/09/18/aocs-tax-the-rich-dress-designer-aurora-james-is-a-tax-deadbeat/

Billionaires’ income: https://www.theguardian.com/technology/2020/aug/05/billionaires-income-calculator-jeff-bezos-elon-musk

Rich people don’t work harder: https://www.huffpost.com/entry/the-rich-arent-rich-becau_b_4791626

Inherited wealth stats: https://inequality.org/research/selfmade-myth-hallucinating-rich/

The rich & labor exploitation: https://plato.stanford.edu/entries/exploitation/#:~:text=By%20far%20the%20most%20influential,they%20produce%20with%20their%20labor
https://aninjusticemag.com/billionaires-dont-make-their-billions-they-steal-them-from-the-poor-c88698320786

Amazon taxes: https://www.cnbc.com/2020/02/04/amazon-had-to-pay-federal-income-taxes-for-the-first-time-since-2016.html

Charity: https://patrioticmillionaires.org/2020/12/02/we-should-all-be-skeptical-of-rich-peoples-philanthropy/

Gate Foundation yikes: https://nonprofitquarterly.org/is-the-gates-foundation-out-of-control/

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