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Forbes names world's richest...and it's not Bill Gates

DalbozDalboz Resident Puppy EaterRight behind you...Registered User regular
edited March 2008 in Debate and/or Discourse
Bill Gates has dropped to number 3 on the list, replaced by Warren Buffett.

http://www.cnn.com/2008/WORLD/europe/03/06/money.forbes/index.html
http://www.forbes.com/home/billionaires/2008/03/05/buffett-worlds-richest-cx_mm_0229buffetrichest.html

It seems that the philanthropists are maintaining their wealth quite well. There's some interesting statistics in these articles. The "richest people" are beginning to show up in emerging market, including 4 of the 10 richest in the world being in India, while the U.S. maintain 42 percent of the world's billionaires who hold 37 percent of the total wealth. While this trend is likely to continue for the foreseeable future, I think it's unpredictable what the global economy will mean for the distribution of wealth in the world.

Dalboz on
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Posts

  • AdrienAdrien Registered User regular
    edited March 2008
    The only cool part of that?
    Facebook founder Mark Zuckerberg, age 23, was called "quite possibly the world's youngest self-made billionaire ever."

    Damn.

    Adrien on
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  • Xenocide GeekXenocide Geek Registered User regular
    edited March 2008
    Adrien wrote: »
    The only cool part of that?
    Facebook founder Mark Zuckerberg, age 23, was called "quite possibly the world's youngest self-made billionaire ever."

    Damn.

    sucks, because the dude is a fucking twat and an elitist

    Xenocide Geek on
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  • cliffskicliffski Registered User regular
    edited March 2008
    I think its funny people throw so much money at facebook and myspace. They do it because that's "where the kids are". Nobody has realised that the kids are broke, and with the credit crunch, they wont even be able to get in debt any more. I'd rather aim marketing at the 30+ generation that the -18 these days.

    cliffski on
  • deowolfdeowolf is allowed to do that. Traffic.Registered User regular
    edited March 2008
    Adrien wrote: »
    The only cool part of that?
    Facebook founder Mark Zuckerberg, age 23, was called "quite possibly the world's youngest self-made billionaire ever."

    Damn.

    sucks, because the dude is not me

    Not that I don;t think we all think that.

    deowolf on
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  • Matt_SMatt_S Registered User regular
    edited March 2008
    Adrien wrote: »
    The only cool part of that?
    Facebook founder Mark Zuckerberg, age 23, was called "quite possibly the world's youngest self-made billionaire ever."

    Damn.

    sucks, because the dude is a fucking twat and an elitist

    onion_magazine_weekender_facebook_mark_zuckerberg.jpg

    Matt_S on
  • MikeMcSomethingMikeMcSomething Registered User regular
    edited March 2008
    That picture is awesome. The problem I have with him is that there isn't a whole lot you can really learn from someone like Zuckerberg if you want to become successful, unless you think drop out and stumble onto the next big thing *tm* is the way to financial freedom. You have better chances devoting your life to the fucking lottery.

    MikeMcSomething on
  • ege02ege02 __BANNED USERS regular
    edited March 2008
    I find it amusing how many people think Zuckerberg simply stumbled upon success.

    But hey, I guess it's easy to judge people when you don't know what you're talking about.

    ege02 on
  • MikeMcSomethingMikeMcSomething Registered User regular
    edited March 2008
    ege02 wrote: »
    But hey, I guess it's easy to judge people when you don't know what you're talking about.

    Just about as easy as it is to assume I don't know what I'm talking about, strawman the idea I was putting forth, and troll at the same time, I would wager. Zuckerberg didn't magically fall into a fairy pit of money, but he didn't exactly display some legendary combination of programming acumen and business sense either.

    MikeMcSomething on
  • ege02ege02 __BANNED USERS regular
    edited March 2008
    ege02 wrote: »
    But hey, I guess it's easy to judge people when you don't know what you're talking about.

    Just about as easy as it is to assume I don't know what I'm talking about, strawman the idea I was putting forth, and troll at the same time, I would wager. Zuckerberg didn't magically fall into a fairy pit of money, but he didn't exactly display some legendary combination of programming acumen and business sense either.

    So a "legendary combination of programming acumen and business sense" is the only respectable way to success?

    ege02 on
  • MikeMcSomethingMikeMcSomething Registered User regular
    edited March 2008
    ege02 wrote: »
    ege02 wrote: »
    But hey, I guess it's easy to judge people when you don't know what you're talking about.

    Just about as easy as it is to assume I don't know what I'm talking about, strawman the idea I was putting forth, and troll at the same time, I would wager. Zuckerberg didn't magically fall into a fairy pit of money, but he didn't exactly display some legendary combination of programming acumen and business sense either.

    So a "legendary combination of programming acumen and business sense" is the only respectable way to success?

    Do you want a fucking discussion or do you want me to just point out your strawman again? You're smarter than this.

    MikeMcSomething on
  • ege02ege02 __BANNED USERS regular
    edited March 2008
    ege02 wrote: »
    ege02 wrote: »
    But hey, I guess it's easy to judge people when you don't know what you're talking about.

    Just about as easy as it is to assume I don't know what I'm talking about, strawman the idea I was putting forth, and troll at the same time, I would wager. Zuckerberg didn't magically fall into a fairy pit of money, but he didn't exactly display some legendary combination of programming acumen and business sense either.

    So a "legendary combination of programming acumen and business sense" is the only respectable way to success?

    Do you want a fucking discussion or do you want me to just point out your strawman again? You're smarter than this.

    The tone of your post suggests that a legendary combination of programming acumen and business sense are somehow a requirement... for something. I don't know what that something is, but considering the tone of other posters - some of whom have called him an elitist twat - I'm assuming that where you're coming from is that it is respect, or something similar to it.

    Contrary to your previous statement, there is a shit ton you can learn from someone like Zuckerberg, even if he doesn't display this LCPABS you're talking about. True, if you're looking for some sort of magic formula to success you probably won't find it, but that in and of itself is an important lesson.

    ege02 on
  • MikeMcSomethingMikeMcSomething Registered User regular
    edited March 2008
    ege02 wrote: »
    The tone of your post suggests that a legendary combination of programming acumen and business sense are somehow a requirement... for something.

    No, it doesn't.
    ege02 wrote: »
    Contrary to your previous statement, there is a shit ton you can learn from someone like Zuckerberg, even if he doesn't display this LCPABS you're talking about.

    Maybe you could point out some of the fantastic lessons you could learn from Zuckerberg, instead of coming to the thread and voicing your disapproval (read: trolling) of people who would dare to diminish the work he (and his friends, and most likely the team that contracted him to finish ConnectU) has done.
    ege02 wrote: »
    True, if you're looking for some sort of magic formula to success you probably won't find it, but that in and of itself is an important lesson.

    I'm not sure what has led you to believe that I think reading about a successful person would somehow allow me to glean some magical formula to financial success - I certainly didn't indicate anything along those lines. You are correct in pointing out that looking for some sort of rediculous magic formula is, in fact, rediculous, but that's not really saying much.

    MikeMcSomething on
  • ege02ege02 __BANNED USERS regular
    edited March 2008
    I'm not sure what has led you to believe that I think reading about a successful person would somehow allow me to glean some magical formula to financial success - I certainly didn't indicate anything along those lines.

    Ah, but you said:
    The problem I have with him is that there isn't a whole lot you can really learn from someone like Zuckerberg if you want to become successful, unless you think drop out and stumble onto the next big thing *tm* is the way to financial freedom.

    Mate, I think you're a little confused about your own position on this issue. I have to ask you to clarify it before we continue this discussion.

    ege02 on
  • Not SarastroNot Sarastro __BANNED USERS regular
    edited March 2008
    cliffski wrote: »
    I think its funny people throw so much money at facebook and myspace. They do it because that's "where the kids are". Nobody has realised that the kids are broke, and with the credit crunch, they wont even be able to get in debt any more. I'd rather aim marketing at the 30+ generation that the -18 these days.

    Perhaps they have a basic appreciation of biology, and realise that relatively quickly the 20+ generation will become the 30+ generation. Marketing is rarely just about selling one product, but about developing customer loyalty.

    Not Sarastro on
  • MikeMcSomethingMikeMcSomething Registered User regular
    edited March 2008
    ege02 wrote: »
    I'm not sure what has led you to believe that I think reading about a successful person would somehow allow me to glean some magical formula to financial success - I certainly didn't indicate anything along those lines.

    Ah, but you said:
    The problem I have with him is that there isn't a whole lot you can really learn from someone like Zuckerberg if you want to become successful, unless you think drop out and stumble onto the next big thing *tm* is the way to financial freedom.

    Mate, I think you're a little confused about your own position on this issue. I have to ask you to clarify it before we continue this discussion.

    I am not confused about my own position (that's an absurd statement to make in the first place, and it doesn't amount to much more than trolling, but I digress), I was essentially making the point that you can learn alot more information that could lead to bettering your chances of success from someone like Warren Buffet than you could from Carlos Helu or Zuckerberg - I didn't expound upon the point too much because I didn't think anyone would read it and take it literally enough to assume that I was hoping Zuckerberg could give me the magical A-Z formula to find the fairies and leprechauns and and pot of gold at the end of some fantastic rainbow.

    Rather than have this turn into more of a bickering circlejerk than it already has, I would like to know your thoughts on the matter.

    MikeMcSomething on
  • ege02ege02 __BANNED USERS regular
    edited March 2008
    I was essentially making the point that you can learn alot more information that could lead to bettering your chances of success from someone like Warren Buffet than you could from Carlos Helu or Zuckerberg

    Why? This is our point of contention.

    What makes Warren Buffet different from Helu or Zuckerberg?

    ege02 on
  • MikeMcSomethingMikeMcSomething Registered User regular
    edited March 2008
    ege02 wrote: »
    I was essentially making the point that you can learn alot more information that could lead to bettering your chances of success from someone like Warren Buffet than you could from Carlos Helu or Zuckerberg

    Why? This is our point of contention.

    What makes Warren Buffet different from Helu or Zuckerberg?

    Are you asking because you genuinely don't know (and won't do 15 seconds of research), or because you feel they are all extremely similar, or are you asking because you want me to present something for you to argue with?

    MikeMcSomething on
  • ege02ege02 __BANNED USERS regular
    edited March 2008
    Just answer.

    ege02 on
  • Not SarastroNot Sarastro __BANNED USERS regular
    edited March 2008
    A duel it is then! Gentlemen, choose your weapons.
    group2c.jpg

    Not Sarastro on
  • MikeMcSomethingMikeMcSomething Registered User regular
    edited March 2008
    ege02 wrote: »
    Just answer.

    I wonder if you really thought that would work. I would have answered you the first time you asked if I didn't think you were just being a fucking troll.

    MikeMcSomething on
  • QuidQuid Definitely not a banana Registered User regular
    edited March 2008
    I have to say that I personally would appreciate a picture of penises, even fake ones, in a circle not showing up on my screen Sarastro.

    Quid on
  • ege02ege02 __BANNED USERS regular
    edited March 2008
    I am asking you a question, and you're asking me why I am asking you the question.

    Who is the troll here?

    Are you going to answer or not? To repeat: what in your opinion makes Buffet different from Helu or Zuckerberg?

    ege02 on
  • wawkinwawkin Registered User regular
    edited March 2008
    LOL@mike

    If he didnt inherit the money, wint eh lottery, or find some 'bag' full of money, then he earned it. Stop being a hater.

    Also, he is only 'richer' than Gates cuz Gates and wifey have spent billions on charity donations. He's not so much richer as Bill is poorer.

    As to the duel... I'll take the one made of wood.

    wawkin on
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  • zeenyzeeny Registered User regular
    edited March 2008
    ege02 wrote: »
    I was essentially making the point that you can learn alot more information that could lead to bettering your chances of success from someone like Warren Buffet than you could from Carlos Helu or Zuckerberg

    Why? This is our point of contention.

    What makes Warren Buffet different from Helu or Zuckerberg?


    I do not believe that question deserves an answer.
    His brain.

    zeeny on
  • Mojo_JojoMojo_Jojo We are only now beginning to understand the full power and ramifications of sexual intercourse Registered User regular
    edited March 2008
    wawkin wrote: »
    LOL@mike

    If he didnt inherit the money, wint eh lottery, or find some 'bag' full of money, then he earned it. Stop being a hater.
    You've missed the point here. I don't doubt that getting facebook up and running took time and money, it's popularity, and therefore value, was as much to do with luck though than anything else. The kid behind it has very little in the way of insight he can pass on as a result.

    Mojo_Jojo on
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  • MikeMcSomethingMikeMcSomething Registered User regular
    edited March 2008
    ege02 wrote: »
    I am asking you a question, and you're asking me why I am asking you the question.

    Who is the troll here?

    Are you going to answer or not? To repeat: what in your opinion makes Buffet different from Helu or Zuckerberg?

    I see what you did there. There is a term for 'deliberately ignoring context' but I cant think of it off the top of my head.

    You are asking me a question, and I am pointing at your bullshit troll posts and using them to question your motivation for asking my opinion in the first place, and you are outright refusing to clarify. You are the troll here - you have yet to actually put any sort of idea other than 'you guys are totally misunderstood about Zuckerberg' forth. If you want some clarification on my position, you are going to have to take a fucking second to explain yourself, because for the entirety of this thread you have managed to either completely fucking misunderstand what I am saying or make ludicrous assertions like "You are confused about your own positions" If you want to continue making posts to the tune of "Yeah but answer my question though" while deliberately failing to realize that your reasons for actually asking the question are suspect, then you aren't going to get any fucking answers, period.

    TLDR - I'm not going to answer your question until you clarify why you are actually asking it.

    MikeMcSomething on
  • wawkinwawkin Registered User regular
    edited March 2008
    Mojo_Jojo wrote: »
    wawkin wrote: »
    LOL@mike

    If he didnt inherit the money, wint eh lottery, or find some 'bag' full of money, then he earned it. Stop being a hater.
    You've missed the point here. I don't doubt that getting facebook up and running took time and money, it's popularity, and therefore value, was as much to do with luck though than anything else. The kid behind it has very little in the way of insight he can pass on as a result.

    No, you've missed the point.
    To implement any business idea, it is a combination of risk and determination.
    You do not become a self-made billionaire without those elements.
    Luck is when opportunity and preperation meet. He took the risk and it worked out.

    He put his ass on the line, his balls to the wall and made it work.

    Seriously, where do you haters come from?

    wawkin on
    Talkin to the robbery expert.

    "This is where I say something profound and you bow, so lets just skip to your part."
  • ProtoProto Registered User regular
    edited March 2008
    wawkin wrote: »
    Mojo_Jojo wrote: »
    wawkin wrote: »
    LOL@mike

    If he didnt inherit the money, wint eh lottery, or find some 'bag' full of money, then he earned it. Stop being a hater.
    You've missed the point here. I don't doubt that getting facebook up and running took time and money, it's popularity, and therefore value, was as much to do with luck though than anything else. The kid behind it has very little in the way of insight he can pass on as a result.

    No, you've missed the point.
    To implement any business idea, it is a combination of risk and determination.
    You do not become a self-made billionaire without those elements.
    Luck is when opportunity and preperation meet. He took the risk and it worked out.

    He put his ass on the line, his balls to the wall and made it work.


    Seriously, where do you haters come from?

    ..are you a real person? Who says that??


    What makes him different from Warren Buffet? Experience.

    Proto on
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  • ege02ege02 __BANNED USERS regular
    edited March 2008
    Mojo_Jojo wrote: »
    wawkin wrote: »
    LOL@mike

    If he didnt inherit the money, wint eh lottery, or find some 'bag' full of money, then he earned it. Stop being a hater.
    You've missed the point here. I don't doubt that getting facebook up and running took time and money, it's popularity, and therefore value, was as much to do with luck though than anything else. The kid behind it has very little in the way of insight he can pass on as a result.

    He is 23 years old. Of course he has very little insight, especially compared to a 77 year old world's-richest-man.

    ege02 on
  • Mojo_JojoMojo_Jojo We are only now beginning to understand the full power and ramifications of sexual intercourse Registered User regular
    edited March 2008
    ege02 wrote: »
    Mojo_Jojo wrote: »
    wawkin wrote: »
    LOL@mike

    If he didnt inherit the money, wint eh lottery, or find some 'bag' full of money, then he earned it. Stop being a hater.
    You've missed the point here. I don't doubt that getting facebook up and running took time and money, it's popularity, and therefore value, was as much to do with luck though than anything else. The kid behind it has very little in the way of insight he can pass on as a result.

    He is 23 years old. Of course he has very little insight, especially compared to a 77 year old world's-richest-man.
    So we're all agreed then and we can stop this thread shitting. Hurray!

    Mojo_Jojo on
    Homogeneous distribution of your varieties of amuse-gueule
  • ege02ege02 __BANNED USERS regular
    edited March 2008
    *nerd rage*

    I guess our conversation is over.
    You've missed the point here. I don't doubt that getting facebook up and running took time and money, it's popularity, and therefore value, was as much to do with luck though than anything else. The kid behind it has very little in the way of insight he can pass on as a result.

    In addition to what I said previously, I'd like to contend what you said here. I think it takes a lot of confidence and character to drop out of one of the best universities in the world to go and pursue a business idea, especially one, like you guys have said, that has an unknown chance of success.

    I don't think he would have done something like that if he didn't think his idea was going to become popular. In this sense, I really question the understanding that he somehow stumbled upon his success.

    ege02 on
  • DaedalusDaedalus Registered User regular
    edited March 2008
    Well, it sure didn't take long for this thread to get all cocked up.

    Anyway, am I the only one who sees any significance in the fact that the guy who owns a traditional investments/insurance conglomerate finally bumped down the guy who was selling computer software?

    Daedalus on
  • ege02ege02 __BANNED USERS regular
    edited March 2008
    Microsoft is much more than a software company.

    ege02 on
  • geckahngeckahn Registered User regular
    edited March 2008
    ege02 wrote: »
    Mojo_Jojo wrote: »
    wawkin wrote: »
    LOL@mike

    If he didnt inherit the money, wint eh lottery, or find some 'bag' full of money, then he earned it. Stop being a hater.
    You've missed the point here. I don't doubt that getting facebook up and running took time and money, it's popularity, and therefore value, was as much to do with luck though than anything else. The kid behind it has very little in the way of insight he can pass on as a result.

    He is 23 years old. Of course he has very little insight, especially compared to a 77 year old world's-richest-man.

    I'm 23, and I can say that my view of him - based on all the business moves facebook has done, and interviews i've seen him in, is that he is a fucking moron who had one good idea and got lucky.

    One good idea - Friendster + college = $$$$

    geckahn on
  • DaedalusDaedalus Registered User regular
    edited March 2008
    ege02 wrote: »
    Microsoft is much more than a software company.

    Oh, believe me, I know that. I was just saying that "giant investment/insurance firm" is a much more traditional "richest man in the world" sort of thing and that Microsoft propelled Gates to the top slot for so long was considered a bit of an outlier at the time.

    Daedalus on
  • ege02ege02 __BANNED USERS regular
    edited March 2008
    geckahn wrote: »
    ege02 wrote: »
    Mojo_Jojo wrote: »
    wawkin wrote: »
    LOL@mike

    If he didnt inherit the money, wint eh lottery, or find some 'bag' full of money, then he earned it. Stop being a hater.
    You've missed the point here. I don't doubt that getting facebook up and running took time and money, it's popularity, and therefore value, was as much to do with luck though than anything else. The kid behind it has very little in the way of insight he can pass on as a result.

    He is 23 years old. Of course he has very little insight, especially compared to a 77 year old world's-richest-man.

    I'm 23, and I can say that my view of him - based on all the business moves facebook has done, and interviews i've seen him in, is that he is a fucking moron who had one good idea and got lucky.

    One good idea - Friendster + college = $$$$

    Really? Because from a design perspective, almost every single feature that Facebook developed since the day it started was right-on. Even the News Feed, for which Zuckerberg was heavily criticized at first, is now the most popular feature.

    Let's get into specifics. What in your opinion makes him a "fucking moron"?

    ege02 on
  • Andrew_JayAndrew_Jay Registered User regular
    edited March 2008
    I think there's something very common about succesful inventions - in hindsight they look so simple and so obvious that any idiot could have come up with it. But not any idiot did, he did. He saw a void and capitalised on it.

    I can give him credit for that because I know that in my own case, I can't think of anything similar, and three or four years ago, I hadn't thought of anything at all like Facebook.

    If anything geckahn's objections give him more credit - the idea may not have been original, but the features he added, and the design of the system made it incredibly succesful.

    Then again, maybe it's on the wane: Toronto Star - Has Facebook fatigue arrived?

    Andrew_Jay on
  • geckahngeckahn Registered User regular
    edited March 2008
    ege02 wrote: »
    Let's get into specifics. What in your opinion makes him a "fucking moron"?

    I'll avoid the whole creepy aspect of news feeds, because i suppose it worked.

    His critical error was opening it up to anybody. With that decision, he turned something that was almost guaranteed to be around indefinitely as a very useful and loved tool, and opened it up to all the bullshit that's going to drive it under eventually.

    Right now, you might not see it that way. I didn't realize how totally fuck tarded MySpace would get 4 years ago when I first joined. Back then, MySpace was awesome. Couldn't say enough good things about it. Facebook is going to go down that same road. It'll take longer, but it will happen.

    geckahn on
  • Andrew_JayAndrew_Jay Registered User regular
    edited March 2008
    geckahn wrote: »
    Facebook is going to go down that same road. It'll take longer, but it will happen.
    Oh, I'll second that without a doubt.

    I don't mind opening it up to everyone - I've never run across alts or the like, but it perhaps allows you to do too much. The applications are 99% retarded.

    Andrew_Jay on
  • OctoparrotOctoparrot Registered User regular
    edited March 2008
    He doesn't seem that much more of a genius than the guy who invented the pet rock or post-its. But I don't really use myspace or whichever of those things he invented.

    Octoparrot on
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