this post was submitted on 22 Apr 2025
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A Boring Dystopia

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If your dad is Bill Gates, you're probably not getting a Starbucks gift card for graduating college.

In 2018, Jennifer Gates walked off the Stanford stage and onto a 124-acre, $15.82 million horse farm in North Salem, New York. According to Architectural Digest, the lavish estate was a graduation gift from her billionaire parents—and came complete with rolling pastures, three parcels of land, and proximity to New York City for her future studies.

But in case that sounds too much like the plot of "Succession: Equestrian Edition," Melinda Gates would like to remind everyone: their kids were absolutely raised "middle class."

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[–] rumba@lemmy.zip 6 points 3 hours ago

At least he's relatively philanthropic, Mush and Bezilbub don't even try to make other peoples lives better.

[–] JcbAzPx@lemmy.world 10 points 4 hours ago* (last edited 1 hour ago)

No one really seems to know what middle class is anymore. Both the family that is one missed paycheck from being homeless and the one lobbying their state for school vouchers so they can repurpose the cost of their kids' private school tuition to their college fund think they're middle class.

[–] TanteRegenbogen@feddit.org 4 points 3 hours ago

Being a billionaire in a world where most people don't even early 50k annually is objectively immoral.

posting from Yahoo Finance eh

if you are seeing Yahoo Finance in your feed i bet there isn't a single word of truth in the whole scroll

[–] LavaPlanet@lemm.ee 18 points 9 hours ago (2 children)

Maybe that's why these 1%ers wealth hoard so hard, maybe they genuinely think they ARE middle class.

[–] forkDestroyer@infosec.pub 12 points 6 hours ago (4 children)

They're either extremely uneducated in current standards of living, or being purposefully deceitful. I'd like to think it's the former. They should have a class for rich people so they can understand what life is like without family money or high salaries.

[–] SouthEndSunset@lemm.ee 1 points 1 hour ago

In the U.K. there’s a somewhat popular TV series called “Rich House, Poor House”. We still worship the rich.

[–] Horsey@lemmy.world 4 points 4 hours ago* (last edited 4 hours ago)

I remember seeing a clip a long time ago of someone asking Gates how much a box of rice-a-roni is and he was like… 5$?

Found it https://www.youtube.com/watch?v=ad_higXixRA

[–] Critical_Thinker@lemm.ee 7 points 5 hours ago (1 children)

No class can teach you what it feels like to be a few bucks away from homelessness.

When the class is over the billionaires go back to their worry free lives. The poor worry about ending up on the street.

[–] kmaismith@lemm.ee 3 points 5 hours ago (1 children)

See now if failure to pass the empathy class results in your forced destitution there might be some incentive to pay attention

[–] SL3wvmnas@discuss.tchncs.de 2 points 3 hours ago

Made me think of the Meme: "Who wants to be a millionaire? - but with Billionaires, so it's more of a threat."

If we made empathy classes a must with our current governing systems, I cannot imagine them not beeing corrupted and used against the poor within seconds of becoming obligatory.

[–] UnderpantsWeevil@lemmy.world 6 points 6 hours ago

being purposefully deceitful

Warren Buffet keeps around the house he bought in Omaha, Nebraska in 1958 and brags about how little it is worth. The man travels on private jets and sleeps in hotel high rises, surrounded by an army of aides and adjuncts and a smattering of medical staff. But he's still got the title to that old homestead from sixty years ago, so he's perpetually middle class according to business talking heads.

[–] Mcdolan@lemmy.world 2 points 6 hours ago

Well put yourself in their shoes. They ARE the middle class when they are surrounded by only the top 1%.

We are not existant/irrelevant others. That will stay the same as long as their heads remain attached.

[–] Aneb@lemmy.world 3 points 6 hours ago

My sister and husband were confused when I said its sad Microsoft owns Xbox, one of our favorite past times. And it because of shit like this. Tax the fuckers, tax them one cent I dare u.

[–] callouscomic@lemm.ee 23 points 11 hours ago* (last edited 11 hours ago) (1 children)

In 2018, Bill Gates' net worth was approximately $90 billion. His estimated income was around $12 billion, according to estimates from Business Insider.

In 2018, the median net worth of an American household was $101,800. I chose median cause these billionaires drastically skew the mean. The median household income was $63,179.

If an average American household gave the same scale of gift in 2018, based on household income, the gift would be $83.29, and based on net worth, it'd be $17.89.

[–] dumbass@leminal.space 13 points 11 hours ago (1 children)

So it's the equivalent of letting you kid buy a DVD from the discount bin.

[–] Hoimo@ani.social 10 points 7 hours ago (1 children)

At those sums, there's really no equivalent. That discounted DVD has a real impact on your finances, even though it is a small impact. There's no purchase that Bill Gates has to forego after spending 16 million on a horse farm, because the money flows in faster than he could ever spend it. He won't be steaming a ham fewer for it, as we say in upstate New York.

[–] dumbass@leminal.space 6 points 7 hours ago

It's like letting your kid buy a DVD from the discount bin at the store you own?

[–] SleafordMod@feddit.uk 12 points 11 hours ago (3 children)

I know people want to hate on Bill for being rich, and I can understand that, but I still prefer him to a certain South African billionaire.

Maybe some people will say that's like comparing a giant douche to a turd sandwich though.

[–] MellowYellow13@lemmy.world 9 points 7 hours ago (1 children)

Why are you choosing favorites?

[–] SouthEndSunset@lemm.ee 1 points 1 hour ago

I know what they mean. Id definitely love to see him in some kind of death match.

[–] Jhex@lemmy.world 26 points 9 hours ago

You don't have to choose a favourite when none should exist

[–] diffusive@lemmy.world 9 points 10 hours ago (10 children)

It’s a nice race to the bottom 🤷‍♂️

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[–] ArchmageAzor@lemmy.world 16 points 12 hours ago (1 children)

Gates may be one of the better billionaires, but it's still like comparing prostate cancer to brain cancer.

[–] h4lf8yte@lemmy.ml 4 points 11 hours ago

What makes you think that ? The missing bad headlines in the newspapers ?

[–] Apocalypteroid@lemmy.world 23 points 13 hours ago (1 children)

When you are a billionaire a $16m ranch is middle class.

[–] 13igTyme@lemmy.world 28 points 13 hours ago (6 children)

Remember the difference between 1 million and 1 billion, is 1 billion.

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[–] lechekaflan@lemmy.world 10 points 11 hours ago* (last edited 8 hours ago)

I worry more about the actual rent-seeking oligarchy in my part of the world running for political positions in next month's elections, purely for feudalistic reasons.

[–] Zero22xx@lemmy.blahaj.zone 18 points 14 hours ago

These rich people are so disconnected from the actual reality that the rest of us live in that it's not funny. And to make matters worse, a lot of these rich people see themselves as visionaries and leaders. Imagine that, blind visionaries. And to make matters even worse than that, a lot of people worship these 'visionaries' that can't even picture what life is like without billions of dollars, as if they have all the answers.

[–] iAvicenna@lemmy.world 6 points 13 hours ago* (last edited 13 hours ago)

I suppose, to her, having millions of dollars is soooo far away from her life that she has to look at it with binoculars and think that it should be middle-class.

[–] lucullus@discuss.tchncs.de 67 points 1 day ago (2 children)

Much like the soon to be german chancellor, who told an interviewer, that he is upper middle class. All that while being a former Blackrock manager and owning (and using regularily) a personal private jet. Thats some kind of chancellor material...

[–] Mikrochip@feddit.org 3 points 11 hours ago

Tbf, it is "merely" a private prop plane, not a jet (which would be significantly more expensive still). But yeah, not exactly middle class material…

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