Unfortunately he’ll still have hundreds of billions of dollars, even without Tesla, so his influence will never go away. He could lose 99% of his wealth and still be a billionaire.
That’s because billionaire means nothing. e.g. Jordan Belfort was almost a billionaire, but still went to jail like small fry.The untouchable ones are oligarchs, that is what people are implying and it is much scarier to have a 6-year-old messing around as one.
Madoff made the mistake of stealing from people more powerful than him. Billionaires always steal from poor people, and thus incur no wrath from people who could punish them.
Unfortunately he’ll still have hundreds of billions of dollars, even without Tesla, so his influence will never go away. He could lose 99% of his wealth and still be a billionaire.
Then the less respect he has from the general public, the better.
What do billionaires do with their billions in prison?
Use it to avoid going to prison.
Name one billionaire who has gone to prison.
Elizabeth Holmes, and her story is very similar: overpromise, underdeliver, boast, defraud, intimidate.
PS: https://en.m.wikipedia.org/wiki/Allen_Stanford this guy too
Sooo, two? IIRC she didn’t have enough time to build connections and she didn’t know how to walk in billionaire shoes.
I can guarantee these pricks are untouchable.
That’s because billionaire means nothing. e.g. Jordan Belfort was almost a billionaire, but still went to jail like small fry.The untouchable ones are oligarchs, that is what people are implying and it is much scarier to have a 6-year-old messing around as one.
Nice!
Not a billionaire, but Bernie Madoff got real close.
Madoff made the mistake of stealing from people more powerful than him. Billionaires always steal from poor people, and thus incur no wrath from people who could punish them.
Yep. Madoff committed the worst crime in America: messing with rich people’s money.