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0 sats \ 0 replies \ @CoachSiim 9h freebie \ parent \ on: Jeff Bezos’s Yacht: Driver of Economic Activity econ
Money is fake anyway, who cares.
Perplexity :D :
Ratio Comparison
• Bezos’ wealth is more than a million times greater than the net worth of a median U.S. household.
• To put it simply: Bezos’ net worth is so high that his $500 million yacht is a much smaller fraction of his wealth than a typical car is for a median U.S. family.
• For a typical family, a $30,000 car could be 15% (or more) of their net worth.
• For Bezos, the $500 million yacht is only about 0.2% of his total net worth.