Comment by lionkor
3 days ago
Do you think he can still spend time on his $450 million yacht or is he too busy writing prompts?
Snark aside, good for him. Absolute non-news though, as is any extraordinary individual action during and contributing to a bubble. It'll be interesting to see what stays when, or if, the bubble ever pops.
You can very well write that prompt from the top deck or from one of the office cabins on said yacht (no, not speaking from experience).
I'm not envious of anyone's big yacht, but I wouldn't waste my money that way (you can probably rent one for special occasions) - as long as there are still children hungry or without schooling.
I'm definitely envious of the yacht. Like, come on, how awesome is that! It's HUGE! I've been invited on tiny yachts with "only" a couple staff onboard and that was already fantastic to just be on for a day.
That said I don't think I could ever justify spending THAT kind of money on it.
i never really understood the billionaire yacht hate.
Once you buy a yacht 450 million dollars of ownership in a company you had goes to people who built a beautiful thing that exists in the real world and you're on the hook for employing a lot of people to maintain it.
I take a lot more issue with accumulation and hoarding of wealth than the spending of it.
An economy that wasted resources building mega yachts for billionaires is more unequal than one that builds cruise ships that high income families can go on an holiday.
https://scottsumner.substack.com/p/imagine-130000000-washing...
> i never really understood the billionaire yacht hate.
Once someone reaches that level of fame and fortune it's almost a requirement if they want to travel or have some sort of 'vacation'. Don't get me wrong, it's definitely a great problem to have, but it's one of the only ways to find privacy at that level of wealth.
If I'm ever super wealthy, I hope I can also stay somewhat anonymous so that I can walk down the street like any other person.
Holding shares in a company (or dollar bills) is not depriving others of something. The fisherman will go catch fish tomorrow, the wheat in the fields will keep growing, the builder will build a house.
If someone starts paying the fisherman, farmer, builder, more to stop doing what they are doing and start building mega yachts, then there will be less fish, bread, and houses for others.
That said, I assume it's much simpler than that and it's just about the hypocrisy of the climate change billionaires to be bellowing out carbon while demanding the selfish greedy commoners cut our emissions.