this post was submitted on 14 Jun 2026
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[–] Zannsolo@lemmy.world 12 points 1 day ago (2 children)

He'd still be richer than buffet. We need to tax stock incentives and bonuses as income at the share valuation when issued either as cash value or percentage of stock to the government to be sold over the best 12 months.

[–] boonhet@sopuli.xyz 4 points 1 day ago

Oh definitely, I'm just saying it doesn't mean there's a literal trillion missing from somewhere else. If the government confiscated all his companies they'd have to sell off super slowly to get that full trillion, otherwise it would tank.

This man could lose a trillion dollars and still be a billionaire, it's fucked up.

[–] LodeMike@lemmy.today 4 points 1 day ago* (last edited 1 day ago) (1 children)

He can loose 99.99% of his current valuation or whatever and still have more than enough money to never need a job. Surely he has a yacht he owns outright and can sell.

[–] myrrh@ttrpg.network 3 points 18 hours ago* (last edited 18 hours ago) (1 children)

...one percent of a trillion dollars is ten billion dollars; one percent of ten billion dollars is one hundred million dollars; one hundred million is an order of magnitude beyond comfortably independently-wealthy anywhere on the planet; math checks out...

[–] LodeMike@lemmy.today 2 points 18 hours ago

Damn should've added another 9