That would be to get to a $ 1 million, but musk would cease to be a billionaire at $ 999.99 million. That's the "close" side of millionaire to him, so what I used. 1/780000th would be to get into the region of a normal upper-middle class American.
I disagree. It's a struggle to climb up, but an easy tumble to the bottom. Becoming homeless is not difficult when you aren't making millions on interest.
The original meme says "technically", it's talking about numbers, that's it. Your bias toward the embarrassed millionaire trope led you to miss the point.
It sounds like what you wanted your message to be is that people are closer to being homeless than to being a millionaire? You might need to reread your meme, because that's not what the edit makes it say
What about what he said isn't true ? Both things are true. And the ratio between millionaires and homeless has nothing to do with it. A millionaire is closer to being homeless than elon musk being millionaire.
And that's just geometric distance!
Measured Arithmetically, everyone poorer than Warren Buffet is closer to being homeless than they are to elon musk.
Musk could actually go completely destitute and have nothing and people/banks would just fucking give him money so he'd be rich again. Maybe not a billion but certainly many millions.
Not if you take into account the exponential nature of wealth accumulation. Hence if plotted on a logarithmic scale, I’m quite confident me & Elon would be about equally far away from $ 1 million net worth.
yeah, but the original is true as well, and is better at making the point you want to make.
If you have a net worth of $10k, you're $990k to go (or a 100 x multiple) to one million.
To be a millionaire again, Musk would need to be worth $778.01 billion less or worth 1/780th what he is right now.
The original message: "What many people only ever dream of achieving is so far beneath the ultra-rich it would be laughable if not for the tragedy"
Your message: "Ordinary people are poorer than elon musk" (Duh)
1/780th? You're off by a factor of 1000 here
That would be to get to a $ 1 million, but musk would cease to be a billionaire at $ 999.99 million. That's the "close" side of millionaire to him, so what I used. 1/780000th would be to get into the region of a normal upper-middle class American.
I disagree. It's a struggle to climb up, but an easy tumble to the bottom. Becoming homeless is not difficult when you aren't making millions on interest.
You don't stop being a millionaire when you have more than one million. Thus Elon Musk is a millionaire.
no thats simply not true they're are way more homeless people then even millionaires in the U.S.
your line of thinking falls in line with the the delusional illusion of temporarily embarresed millionaire trope
The original meme says "technically", it's talking about numbers, that's it. Your bias toward the embarrassed millionaire trope led you to miss the point.
It sounds like what you wanted your message to be is that people are closer to being homeless than to being a millionaire? You might need to reread your meme, because that's not what the edit makes it say
What about what he said isn't true ? Both things are true. And the ratio between millionaires and homeless has nothing to do with it. A millionaire is closer to being homeless than elon musk being millionaire.
And that's just geometric distance! Measured Arithmetically, everyone poorer than Warren Buffet is closer to being homeless than they are to elon musk.
I'm not sure why you think the quantity of people is relevant.
Stats from statista, and scrutinisable but ballpark accurate. Is 770,000 much too high? yes.
its 770,000 new homeless people per year, not total. but thanks
Would it kill you to google?
It wouldn't surprise me if the numbers were similar (afterall, most homeless are not perennially so), but still.
Millionaires are closer to being homeless than Elon Musk is to being a millionaire
I'm fully willing to believe Elon Musk will officially become a trillionaire, go on a bender, get lost, and be homeless for - like - a week.
Musk could actually go completely destitute and have nothing and people/banks would just fucking give him money so he'd be rich again. Maybe not a billion but certainly many millions.
The real secret to wealth. Just have a back line into the Fed Credit Window.
Any dipshit can become a billionaire while paying the prime rate on unlimited borrowed money
I just want him to have a huge ketamine party in his hot tub.
Would solve a lot of problems.
If he gets lost for even a moment I'll bet my bollocks he'll stay lost.
Not if you take into account the exponential nature of wealth accumulation. Hence if plotted on a logarithmic scale, I’m quite confident me & Elon would be about equally far away from $ 1 million net worth.