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X @Nick Szabo
Nick Szabo 2025-11-06 15:15
RT Book of Nick (@BookofNick)Few understand this. Any "going after Wall Street" will be purely theatrical. He needs the 1% for his agenda.The societal wealth left to be looted with the lowest amount of effort is in the middle of the bell curve, where people are "comfortable" and "compliant." ...
If Warren Buffett Gave Every American $100, How Much Would He Have Left?
Yahoo Finance 2025-10-01 11:58
Core Insights - Warren Buffett's net worth is estimated between $139 billion and $142 billion, while the U.S. population is approximately 335 million [1] - If Buffett distributed $100 to every American, the total cost would be $33.5 billion, leaving him with approximately $105.5 billion [2] - The distribution scenario involves hidden costs such as taxes and market impacts, referred to as the "rake" [2] Financial Implications - Buffett's wealth is primarily tied up in Berkshire Hathaway stock, making it less liquid [3] - To access $34 billion in cash, Buffett would need to sell a significant portion of his stock, which is restricted by SEC regulations [4] - Selling too quickly could negatively impact Berkshire's stock price, further reducing his net worth [4] Tax Considerations - Distributing $100 to each American would not incur taxes for the recipients, but Buffett would face capital gains tax of up to 23.8% when converting stock to cash [5] - This tax could amount to approximately $8.3 billion before any distribution occurs [5] Administrative Challenges - Buffett, as a private citizen, lacks access to government databases like the IRS and Social Security, necessitating investment in administrative logistics for distribution [5]
How Much Money Would Every American Get if Elon Musk Distributed All of His Tesla Shares Equally?
Yahoo Finance 2025-09-25 11:04
Core Insights - Tesla's stock price has rebounded, but investor concerns about financial performance and future prospects remain, although CEO Elon Musk shows confidence by purchasing $1 billion worth of shares [1][2] Company Holdings - As of September 19, 2025, Musk owned approximately 506.8 million shares of Tesla, representing a 15.71% stake in the company [4] - The stock price on that date was $426.07 per share, valuing Musk's Tesla holdings at about $216 billion, which constitutes roughly 45% of his total net worth of $480.2 billion [4][5] Wealth Distribution - If Musk were to distribute his Tesla shares equally among the estimated U.S. population of 341.2 million in 2024, each American would receive approximately $633 [6][8] - The average U.S. household spends about $590 on utility bills monthly, indicating that the amount received from Musk could cover utility expenses for a month [7]
What if everyone got $1 billion? 馃槼
Mark Tilbury 2025-09-25 10:43
If Elon Musk has $381 billion, why doesn't he just give everyone a billion dollars. >> Well, that's not actually possible. And even if it was, it would be a huge mistake.>> And why is that then. >> Well, the first thing you do is quit your job, right. >> Of course, that would mean all the shops would shut and you wouldn't be able to buy your groceries.When you tried to order a pizza, the delivery drivers would be too busy watching TV. And if you bought a plane, no pilot would want to fly you anywhere. >> Oh ...
How Much Money Would Every American Get If Jeff Bezos Distributed All of His Amazon Shares Equally?
Yahoo Finance 2025-09-14 15:56
Core Insights - Jeff Bezos has a net worth exceeding $200 billion, primarily derived from his ownership of Amazon stock [1][3] - Bezos holds approximately 884 million shares of Amazon, valued at around $205 billion, which constitutes a significant portion of his total net worth [3] - If Bezos were to distribute his Amazon shares evenly among the current U.S. population, each individual would receive approximately 2.58 shares, translating to a value of about $670.48 per person at current stock prices [5][6] Company Analysis - The current stock price of Amazon is around $232 per share, which influences the overall valuation of Bezos' holdings [6] - Over the past decade, Amazon stock has averaged a 25% annual return, significantly outperforming the S&P 500 and other investment funds [7] Population Impact - As of the latest data, the U.S. population is approximately 342,441,111, which affects the distribution calculations of Bezos' shares [4] - If only adults were eligible for the share distribution, the number of recipients would be about 305,628,691, resulting in an increased allocation of 2.89 shares per adult [5]