Google's AI overview suggests that even 8% of this €27MM inheritance is enough to live on. Of course, she probably has her own savings aside from this windfall. I forget where I heard this, but greedy people are never happy because the one thing they want, they know they will never have: enough.
Anyway, I wish the people going on and on about merit would consider inheritance. I wish those who are in government would at a minimum take a long hard look at estate taxes. As only certain people are able to build wealth (sometimes by government decree, sometimes via other concerted efforts like redlining), systemically, further generations get more and more of a head start. Billionaires like Musk got to where they are because they started with so much wealth to begin with, not because of skill or intelligence.
constantcrying•9mo ago
>the injustice of inheritance
Which injustice exactly? It is just a basic corollary of private property.
>Billionaires like Musk got to where they are because they started with so much wealth to begin with, not because of skill or intelligence.
Elon Musk, whatever you think of the person. Has created jobs for tens of thousands of people and guaranteed the US leadership in space. Elon Musks wealth is in his companies. Even if you do not like Musk, Tesla and SpaceX existing are beneficial, at least to the tens of thousands of people who are working for these companies. I see no injustice at all.
Of course the person in the article is an enormous hypocrite, since she choose to become a multimillionaire, based on her "injust" inheritance. Almost nobody will receive an inheritance as great as hers after giving 92% away.
dfxm12•9mo ago
Which injustice exactly? It is just a basic corollary of private property.
If you read my comment further, I explain this, but here's an example:
Tesla existing has nothing to do with Musk. He bought his way into Tesla, even pushing out one of the founders. This further proves the point that he was comfortably able to buy & bully his way into leadership positions because of the wealth and connections he was born into.
Of course the person in the article is an enormous hypocrite
Username checks out :)
Buxato•9mo ago
He bought this way with the money he earned in the previous business (Zip2 for example, dont know if he used the money of his family to start Zip2 but he made it grow various order of magnitude if that is what happened). Yes he wasn't a founder of Tesla, but the success of Tesla its mostly due to him.
constantcrying•9mo ago
>Tesla existing has nothing to do with Musk. He bought his way into Tesla, even pushing out one of the founders.
When they were making the roadster, Musk controlled the company for many years afterwards, making it into an actual global car company.
dfxm12•9mo ago
Anyway, I wish the people going on and on about merit would consider inheritance. I wish those who are in government would at a minimum take a long hard look at estate taxes. As only certain people are able to build wealth (sometimes by government decree, sometimes via other concerted efforts like redlining), systemically, further generations get more and more of a head start. Billionaires like Musk got to where they are because they started with so much wealth to begin with, not because of skill or intelligence.
constantcrying•9mo ago
Which injustice exactly? It is just a basic corollary of private property.
>Billionaires like Musk got to where they are because they started with so much wealth to begin with, not because of skill or intelligence.
Elon Musk, whatever you think of the person. Has created jobs for tens of thousands of people and guaranteed the US leadership in space. Elon Musks wealth is in his companies. Even if you do not like Musk, Tesla and SpaceX existing are beneficial, at least to the tens of thousands of people who are working for these companies. I see no injustice at all.
Of course the person in the article is an enormous hypocrite, since she choose to become a multimillionaire, based on her "injust" inheritance. Almost nobody will receive an inheritance as great as hers after giving 92% away.
dfxm12•9mo ago
If you read my comment further, I explain this, but here's an example:
Tesla existing has nothing to do with Musk. He bought his way into Tesla, even pushing out one of the founders. This further proves the point that he was comfortably able to buy & bully his way into leadership positions because of the wealth and connections he was born into.
Of course the person in the article is an enormous hypocrite
Username checks out :)
Buxato•9mo ago
constantcrying•9mo ago
When they were making the roadster, Musk controlled the company for many years afterwards, making it into an actual global car company.
>Username checks out :)
How is that relevant to the obvious hypocrisy?