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Money
(@T-Rex)
(ID: 16)
2024 has been a good year for billionaires, they've gotten a lot richer.
Elon Musk is now worth over 400B$, most of this growth took place after Donald Trump won the presidency.
https://www.forbes.com/sites/phoebeliu/2024/12/11/elon-musk-now-worth-more-than-400-billion-worlds-richest-person/
Billionaire wealth has more than doubled in the past 10 years, reaching 14 Trillion dollars
https://fortune.com/europe/2024/12/06/billionaires-wealth-doubled-14-trillion-ubs/MoneyBeing a NEET
Most people with 9-5 jobs barely have any savings at the end of the month.
A lot of money now goes to rent and work is boring.
Most full time workers can't afford houses anymore.
How can I escape the rat-race of doing jobs I don't want to just to survive?
Ethiopian has completed building its hydroelectric dam. The dam is generate electricity for about 60% of the population who are not connected to electricity
https://www.youtube.com/watch?v=CWZ96-F5pcw
The price of silver is approaching its all time high price of
49.45$ per ounce which hasn't been reached since 1980.
The price of silver is up 40% in the past year.
The U.S. Dollar Index (USDX, DXY) measures the value of the US dollar against a basket of six major foreign currencies: the Euro (EUR), Japanese Yen (JPY), British Pound (GBP), Canadian Dollar (CAD), Swedish Krona (SEK), and Swiss Franc (CHF)
When it goes up thé it means thé Dollar is getting stronger, down means weaker.
This graph starts when Donald Trump took office for the second time. It shows the Dollar has been getting weaker since then. It has weakened by 11% at the time Im posting.
As a person who's been trying to work on businesses for years and not finding success, I'm gonna keep going.
I'm not religious but one the most interesting things I've read on this topic is titled "Invest in Many Ventures" in the book of Ecclesiastes. The 6th and final verse says:
"Sow your seed in the morning,
and at evening let your hands not be idle,
for you do not know which will succeed,
whether this or that,
or whether both will do equally well."
So if one thing doesn't work, try something else. Also be open to investing in different projects at the same time because you don't know what will succeed.
According to the Bloomberg Billionaires Index, from 1-January to 9-December-2025, the net worth of the 10 richest people in the world rose by 467.3 Billion US dollars. That's 46.7B$.
The YTD column shows how much their net worth grew by since 1-January.