Who Is The Richest?
This is a question you can comfortably ask anyone and they will easily tell you Elon Musk or Jeff Bezos and when you ask them, how did they accumulate their wealth they will see, owning a product and selling it. That’s right, they have own a product and a service and sold them, but are they the richest people in the world? The amount of money these people are estimated to have, are not cash feasible, but rather in terms of stocks and shares associated with the value they hold, with a lot more caressing from capitalism. Let’s look at Jeff Bezos for instance, he owns Amazon, which is an e-commerce company. You can never see Jeff Bezos drive a truck to go deliver these packages, you can’t see Jeff Bezos putting his physical labor to see the business running because it’s impossible. Not because he is the boss but because it’s not possible, so he has to leverage on others which are his employees.
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Capitalism succeeds from paying people less than their worth to keep the people at the top rich. It is estimated that for a human being to have all these billions they will need to keep spending over $1 Million daily for over 100 years to be able to exhaust the money, so how did they make it then? Because lots of people are underpaid, if people were paid equivalent to how much work, effort and value they put into their work, or close to, they will be lesser unnecessary capitalist billionaires in the world.
But now let’s go back to the ceremonial richest people we all know, we all know that they are in reality not exactly the richest people in the world. Because lots of unknown and anonymous people in the world run it.