I thought he had retired? He isn't even innovating or leading anything special last I checked and his primary hobby appears to be to sue spaceX whenever he gets the chance. So why is his net worth 214.5 billion USD while Elon Musk is barely ahead with 221.2 Billion USD?
https://www.forbes.com/real-time-billionaires/#67e46d1d3d78
Honestly, I can't see Jeff being worth more than 160 Billion USD at best.
At least Bernard Arnault is about to fall out of the top 3 so only Americans will be in the top 3.
Logically the top 10 richest people in the world should be all Americans. It's strange that a Frenchman is up there.
When Elon Musk's net worth crosses 300 billion USD will Jeff Bezos be able to keep up?
Explain your beliefs
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Amazon.
What elese could it be.
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But when was the last time Amazon did something innovative?
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Drone packages? So much shit runs through the amazon infrastructure lol, their services are what makes a lot of innovation based silicon valley projects possible in the first. Results make money, not a bunch of strags saying "wouldn't it be cool if we did X?". Amazon makes a lot of products which are cheaper versions of something offered by companies like Apple or Google, thus reaching a broader market.
Let me rephrase,
Innovation =/= Profitability
Good Service = Profitability
Anybody can make a product needlessly complex and innovative (Coolest Cooler lol), that doesn't make it a good product.
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But Elon Musk makes good product?
Alibaba made cheaper product than Amazon?
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They have a ton of data. Any competitor who wants to have a chance undercutting their prices probably needs to build up a comparable data portfolio and operate at a loss until then.
Data is very dangerous to capitalism because it's so easy to hoard and gives established players a huge advantage
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Cool. Thanks for educating me.
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This is reason german car-manufacturers give when they analyse why they're so far behind tesla, especially for autonomous driving.
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Fascinating.
The US ate up the German vehicle market.
It's kinda cool that the US became too big to be able to share, as the only way for it to keep growing at 2% and above is to out compete other nation states to the point of slowing down their economies.
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Adrenochrome
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