this post was submitted on 29 Oct 2025
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[–] NeedyPlatter@lemmy.ca 28 points 2 days ago (3 children)

Ya know, I've always assumed that being a billionaire was an extremely rare. Up until now, I assumed that there are around 10-15 on the entire planet... but 2,000? What the actual fuck.

[–] atro_city@fedia.io 27 points 2 days ago (1 children)

1% own more wealth than 95% of humanity. There are more than 2k for sure. About 1% of 8M = 80k

[–] bear@lemmy.blahaj.zone 5 points 1 day ago

There are now over 3,000 known billionaires in the world, and about 30,000 people with more than $100,000,000. The "game" is broken which means countless poor people are dying miserably.

[–] Carmakazi@piefed.social 10 points 2 days ago

Still very very rare compared to the 8,000,000,000 people on the planet, or whatever the number is at now.

Of course one is too many yadda yadda

[–] ChicoSuave@lemmy.world 8 points 2 days ago

I remember reading that, globally, there are closer to 4700 billionaires. Europe has lots of old families with inherited wealth that get split between handfuls of families. Africa and India have huge markets that the West ignores and have made at least a dozen billionaires.

Billionaires are pervasive, like mold that grows in the fridge if left unchecked.

[–] foo@feddit.uk 18 points 2 days ago (1 children)

Another reason they choose to demonise immigrants is because they can spin rhetoric that energises the working and middle classes together, like a 2-for-1 deal.

They convince the working classes that immigrants are stealing their jobs and abusing benefits. They convince the middle classes that immigrants cause more crime.

They have influence over social media algorithms to ensure that each demographic gets the message that most infuriates them.

Finally, with all the hate stirred up, their chosen political allies/pets can make a promise to crack down on immigration and gain the votes for both demographics in one go.

[–] yucandu@lemmy.world 5 points 2 days ago

But they do use desperate immigrants from poor countries to suppress wages, since their precarious situation makes them more easy to exploit and less likely to demand things like labor regulations or unions.

Then they use accusations of racism or "hating immigrants" to distract from the practice.

[–] Fisch@discuss.tchncs.de 8 points 2 days ago (1 children)

Of course they are, my fyp is full of it

[–] SuluBeddu@feddit.it 3 points 2 days ago

Me too, far more than on other platforms

[–] atro_city@fedia.io 8 points 2 days ago

Perfect for !twnw@fedia.io

We need to tax the wealth of these billionaires (and I think there's even one trillionaire) back to a normal level of "rich".

[–] passepartout@feddit.org 2 points 2 days ago (1 children)

Shadowbanned nothing. Tiktok's new owners are gonna full on ban them

[–] Arcane2077@sh.itjust.works 2 points 1 day ago

Always have been

[–] MacNCheezus@lemmy.today 0 points 1 day ago* (last edited 23 hours ago)

I mean, all other things equal, more people means higher demand for housing and lower wages. It’s not exactly difficult to figure out, so the hand waving seems to be designed to lure the viewer into not thinking about this, but it is in fact the billionaires who are disproportionately profiting from immigration, because they can pay lower wages and at the same time enjoy higher demand for their products.