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(BBC-US)   Zuckerberg sees his wealth hit $100bn. Zoidberg still living a garbage dumpster. Whoop, whoop whoop, whoop, whoop   (bbc.com) divider line
    More: Obvious, Mark Zuckerberg, Facebook founder Mark Zuckerberg, Jeff Bezos, Mr Zuckerberg, US rollout of Instagram Reels, President of the United States, personal wealth rise, Mr Zuckerberg's personal wealth  
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201 clicks; posted to Business » on 07 Aug 2020 at 9:04 AM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



26 Comments     (+0 »)
 
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2020-08-07 9:24:36 AM  
Accumulating that much wealth should be a crime.  It should all be seized.
 
2020-08-07 9:28:24 AM  

God_Almighty_Himself: Accumulating that much wealth should be a crime.  It should all be seized.


Patience. Let Biden pull a TikTok on Facebook and watch it flush down the drain.
 
2020-08-07 9:28:46 AM  
Billionaires shouldn't exist.

Most especially this one.
 
2020-08-07 9:44:06 AM  
God how I hate people who have more than I do. Take everything they have and throw them in prison.
 
2020-08-07 10:34:05 AM  

God_Almighty_Himself: Accumulating that much wealth should be a crime.  It should all be seized.


Just adjust your rhetoric for what actually happened.

Stealing that much wealth from his employees should be a crime.
 
2020-08-07 10:39:17 AM  
He owns a peninsula on Kauai. You've never seen a more beautiful spot for a home. Yet, everyday, he gets out of bed eager and yearning to find new ways to screw humanity.

He is insane.
 
2020-08-07 11:15:29 AM  
I don't care how big a pile Zuck accumulates - at that level, money is just abstract numbers anyway.
I do care about his not having to pay fair tax on it, and about his company facing little or no social accountability.
 
2020-08-07 11:51:37 AM  

jso2897: I don't care how big a pile Zuck accumulates - at that level, money is just abstract numbers anyway.
I do care about his not having to pay fair tax on it, and about his company facing little or no social accountability.


Social Accountability? Lol. To whom and who sets the standard? Oh, I already know.
 
2020-08-07 11:51:54 AM  
Fark user imageView Full Size
 
2020-08-07 11:53:48 AM  
And every single last cent made with the eager assistance of people he considers "stupid f*cks" for sharing their information with him.
 
2020-08-07 2:06:13 PM  
God how I hate people who conflate envy with deep disgust for a flawed system that allows wealth inequality of such magnitude that it can help destroy the very democracy which allowed it.
 
2020-08-07 2:28:08 PM  
The garbage heavy portfolio could still pay off.
 
2020-08-07 2:42:45 PM  
That's a lot, but what does it actually mean?  Most of it is tied up in fb stock, right?  How much could he actually access without causing whatever problems selling a bunch of shares would cause, if he could even sell that much?  Wouldn't the price tank as he sold, making it worth less than it seems?  It's not like he has 100bn sitting in a bank.
 
2020-08-07 3:37:01 PM  

God_Almighty_Himself: Accumulating that much wealth should be a crime.  It should all be seized.


Yes, because the US government owning Facebook would in no way be a terrible idea.
 
2020-08-07 3:51:50 PM  

yakmans_dad: He owns a peninsula on Kauai. You've never seen a more beautiful spot for a home. Yet, everyday, he gets out of bed eager and yearning to find new ways to screw humanity.


I remember way back in Facebook's early days when there were some huge buyout offers. I thought he was crazy for turning down a sale that would have gotten him $4bn in cash. Now that he's worth $100bn? I still think he's crazy for having turned down that sale. He could have quietly lived out the rest of his life as one of the richest people ever. He could have spent the last 15 years chilling out and doing literally whatever he wanted instead of getting dragged in front of Congress or actively contributing to the downfall of civilization.
 
2020-08-07 4:28:31 PM  

shut_it_down: yakmans_dad: He owns a peninsula on Kauai. You've never seen a more beautiful spot for a home. Yet, everyday, he gets out of bed eager and yearning to find new ways to screw humanity.

I remember way back in Facebook's early days when there were some huge buyout offers. I thought he was crazy for turning down a sale that would have gotten him $4bn in cash. Now that he's worth $100bn? I still think he's crazy for having turned down that sale. He could have quietly lived out the rest of his life as one of the richest people ever. He could have spent the last 15 years chilling out and doing literally whatever he wanted instead of getting dragged in front of Congress or actively contributing to the downfall of civilization.


Everybody over a certain age knows that you have a finite amount of time. After you've secured your  material needs, to keep doing the same thing over and over again ... that's the definition of a diseased mind. Zuckerberg is never going to get younger, have more energy, more libido, more acuity. It's all getting less and less. As it does for everyone. Who wouldn't want freedom? Who, having freedom, would choose the same prison? Crazy people. Stunted people. Morons and lunatics.
 
2020-08-07 4:38:15 PM  

yakmans_dad: Everybody over a certain age knows that you have a finite amount of time. After you've secured your  material needs, to keep doing the same thing over and over again ... that's the definition of a diseased mind.


Except "the same thing" he's doing over and over again is calling the shots on the development of the biggest social network in the world. To some people that's a more worthwhile investment of their time on this earth than living a quiet life spending money on fancy cars and banging supermodels.
 
2020-08-07 4:45:09 PM  

neaorin: yakmans_dad: Everybody over a certain age knows that you have a finite amount of time. After you've secured your  material needs, to keep doing the same thing over and over again ... that's the definition of a diseased mind.

Except "the same thing" he's doing over and over again is calling the shots on the development of the biggest social network in the world. To some people that's a more worthwhile investment of their time on this earth than living a quiet life spending money on fancy cars and banging supermodels.


If he was doing anything remotely positive, I might agree. I certainly don't begrudge the fact that Bill Gates elects to spend his time and money on global health issues. But there is nothing worthwhile about Facebook. Buying cars and banging supermodels is a far more noble pursuit than guiding the hand that's choking out America.
 
2020-08-07 4:56:25 PM  

shut_it_down: neaorin: yakmans_dad: Everybody over a certain age knows that you have a finite amount of time. After you've secured your  material needs, to keep doing the same thing over and over again ... that's the definition of a diseased mind.

Except "the same thing" he's doing over and over again is calling the shots on the development of the biggest social network in the world. To some people that's a more worthwhile investment of their time on this earth than living a quiet life spending money on fancy cars and banging supermodels.

If he was doing anything remotely positive, I might agree. I certainly don't begrudge the fact that Bill Gates elects to spend his time and money on global health issues. But there is nothing worthwhile about Facebook. Buying cars and banging supermodels is a far more noble pursuit than guiding the hand that's choking out America.


Sure, but that wasn't the argument you made. What you said was that he could have chosen to do whatever he wanted instead of running Facebook. My point was that he is probably doing just that. Exactly like Bill Gates is. The fact that he's doing it badly, or that he's doing the world a disfavor - clearly not the opinion of the billions of people still on Facebook - doesn't detract from the fact that he'd rather be running the largest social network in the world instead of doing literally. anything. else.

Why I won't retire is a nice summarization of this philosophy, if not a very concise one.
 
2020-08-07 5:39:24 PM  

neaorin: shut_it_down: neaorin: yakmans_dad: Everybody over a certain age knows that you have a finite amount of time. After you've secured your  material needs, to keep doing the same thing over and over again ... that's the definition of a diseased mind.

Except "the same thing" he's doing over and over again is calling the shots on the development of the biggest social network in the world. To some people that's a more worthwhile investment of their time on this earth than living a quiet life spending money on fancy cars and banging supermodels.

If he was doing anything remotely positive, I might agree. I certainly don't begrudge the fact that Bill Gates elects to spend his time and money on global health issues. But there is nothing worthwhile about Facebook. Buying cars and banging supermodels is a far more noble pursuit than guiding the hand that's choking out America.

Sure, but that wasn't the argument you made. What you said was that he could have chosen to do whatever he wanted instead of running Facebook. My point was that he is probably doing just that. Exactly like Bill Gates is. The fact that he's doing it badly, or that he's doing the world a disfavor - clearly not the opinion of the billions of people still on Facebook - doesn't detract from the fact that he'd rather be running the largest social network in the world instead of doing literally. anything. else.

Why I won't retire is a nice summarization of this philosophy, if not a very concise one.


You made me click on a Graham Stephan video. You can go to hell.
 
2020-08-07 7:18:03 PM  
Facebook is still free, right?  Whoever he is selling our personal info to is obviously paying billions for it.

Sitting down at a computer, opening a browser to www.facebook.com, and posting stuff for friends and family around the world to share seemed like a good premise.

Seriously... keep Facebook off your phone!!!
 
2020-08-07 9:00:44 PM  

neaorin: yakmans_dad: Everybody over a certain age knows that you have a finite amount of time. After you've secured your  material needs, to keep doing the same thing over and over again ... that's the definition of a diseased mind.

Except "the same thing" he's doing over and over again is calling the shots on the development of the biggest social network in the world. To some people that's a more worthwhile investment of their time on this earth than living a quiet life spending money on fancy cars and banging supermodels.


Because, from Aeschylus to Banksy,  the only things everyone has been pining for are fancy cars and supermodels.
 
2020-08-07 9:16:06 PM  

born_yesterday: And every single last cent made with the eager assistance of people he considers "stupid f*cks" for sharing their information with him.


So, who's fault is that?
 
2020-08-07 9:18:12 PM  

Ganon D. Mire: Facebook is still free, right?  Whoever he is selling our personal info to is obviously paying billions for it.

Sitting down at a computer, opening a browser to www.facebook.com, and posting stuff for friends and family around the world to share seemed like a good premise.

Seriously... keep Facebook off your phone!!!


Doesn't matter. If you know someone who knows someone who know you, to the point that you shared things with them, Facebook has a profile for you. As well as all responses from you. Much too late...
 
2020-08-08 7:35:20 AM  
I would applaud him if he created something that improved humanity instead of tearing it apart.
 
2020-08-08 1:25:51 PM  

bfh0417: Ganon D. Mire: Facebook is still free, right?  Whoever he is selling our personal info to is obviously paying billions for it.

Sitting down at a computer, opening a browser to www.facebook.com, and posting stuff for friends and family around the world to share seemed like a good premise.

Seriously... keep Facebook off your phone!!!

Doesn't matter. If you know someone who knows someone who know you, to the point that you shared things with them, Facebook has a profile for you. As well as all responses from you. Much too late...


I'm not totally convinced that corporations around the world are 100% finished harvesting all that old data that many of us forgot was still on MySpace...
 
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