Mason  🏃‍♂️ ✂️

Who has a billion dollars? Your net worth is what someone is willing to pay for what you have, whether you've sold it or not. If a famous painter paints a new portrait, the value he's created wasn't taken from anyone. Nor if an entrepreneur creates a much-loved product.https://twitter.com/peterdaou/status/1206656298625966081 …

That's such a wrong statement it isn't even funny. A Salary is what someone is willing to pay you. Your net worth has nothing to do with what someone is willing to pay you. It is actually the exact opposite. It is your buying power.

The way she describes it involves too many variables that are not static. A Famous painter can create a painting and reduce their net worth. For example if De Vinci painted a 2nd Mona Lisa they both are worth less. They are called Veblen Goods. No one should have a billion $'s.

No one creates $1 billion of goods on their own. They only have that ability because of the social system we have created. Once you get to $1 Billion you are only doing that by abusing other people's ability to make money. Basically using a monopoly to inflate value. I.E. Amazon.

A fixed mindset, lack of experience and failure of imagination is the stuff that such statements are made of as blanket statements. Reality is far more complex, and it can be argued endlessly whom exploits whom, as it goes in all directions.

A lack of understanding of how society works is your problem. You think way to narrow if you believe any one person adds $1 billion of value on their own. Everyone is replaceable.