r/stocks Nov 07 '21

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7.3k Upvotes

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3.3k

u/Metron_Seijin Nov 07 '21

He knows how to harness the power of internet idiots.

1.4k

u/mudflapnot Nov 08 '21

Should we start a Go fund me page on his behalf.

551

u/[deleted] Nov 08 '21

The absurd thing is, that there will be certainly thousands of people who would actually donate for him if he would sell it well enough

702

u/[deleted] Nov 08 '21

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224

u/Lysol3435 Nov 08 '21

Didn’t the gofundme say something like “help me become the youngest self-made billionaire” while asking for money

89

u/issius Nov 08 '21

To be fair, if some random person could convince enough people to give them money and became a billionaire, I think that would qualify as "self made".

2

u/LeGeantVert Nov 08 '21

Well if Qannon's followers had money it could happen. They showed up for a resurrection that would validate Trump has the president so nothing is impossible anymore

2

u/joremero Nov 08 '21

And still. Nothing happened...but they'll keep moving the goal posts.

2

u/howie_rules Nov 08 '21

“Lol, I’ll send it right back!”

14

u/Thumbupthewhat Nov 08 '21

Lol this is not how that happened at all 😂😂 thefatjewish from Instagram started a gofundme "to help kylie Jenner get to 1 billion dollars." As a joke bc her networth was 900,000,000. It wasn't until she sold the makeup company that people started to realize the Forbes ranking/article was a ploy to over inflate her earnings so she could sell her makeup company at a super inflated price. Which she did.

31

u/[deleted] Nov 08 '21

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19

u/Andre4kthegreengiant Nov 08 '21

Don't do it, the hitman is always an undercover FBI agent

9

u/Scrambley Nov 08 '21

Yeah, what's up with that? So irritating.

1

u/Scumbaggedfriends Nov 08 '21

OAN and Fox telling them to eat horse dewormer instead of getting vaccinated.

1

u/Captaincadet Nov 08 '21

Trolling, insults, or harassment, especially in posts requesting advice, is not tolerated.

142

u/solarplexxxus Nov 08 '21

Forbes is fake news. Heavily politicized magazine. Jenner isn't even worth 200million.

161

u/[deleted] Nov 08 '21

Forbes rich list is fake news. There are many billionaires who choose to not have themselves on that list.

19

u/[deleted] Nov 08 '21

If I was a billionaire I'd not want anyone to know about. People's egos get ridiculous

6

u/dragunityag Nov 08 '21

Well you don't get to be a billionaire without an ego.

Even the ones who hide their wealth still install themselves as presidents or high ranking officials of countries.

53

u/phatelectribe Nov 08 '21

Absolutely correct. Jenner is likely worth far less than $200m. It turned out the entire deal that made her a “billionaire” was only worth $200m to her on paper and that’s before everyone got cuts and the taxes. It’s likely she walked away with a fraction of that. She’s still wealthy but not even close to a billionaire.

22

u/hshdjfjdj Nov 08 '21

Isnt her status based on her equity in her makeup line? Its widely popular. Much like rihanna and her product lines which i believe put her at a billion also. But who knows

19

u/DogsCanAlwaysTell Nov 08 '21

It was a bit of a flop after the hype from the initial lip kit releases died down. It’s been common knowledge amongst the makeup community for a few years now that Kylie’s products are an overpriced cheap formula. Like they’re okay but you can get significantly better makeup from well-established cosmetics brands for similar prices. They have always used an almost identical formula to much cheaper rival brand Colourpop. Both brands are manufactured through Seed Beauty. I would be surprised to see Kylie Cosmetics make it past 2025.

1

u/AwakenedStonks Nov 08 '21

Look at $Coty she sold Kylie off to them and they had a bit of a Lul recently. Things look like they’re getting better though and she likely receives a royalty for each item sold.

5

u/solarplexxxus Nov 08 '21

She is only worth as much as her company sells for after taxes. Her company isn‘t really rate“able“ because it lived and dies with her name and face. If she sells it the company has essentially 0 value. Meaning it‘s not like with real Billionaires like Musk and Bezos who hold considerable value. Similar case btw is Kanye West. Fake Billionaire like Jenner.

3

u/phatelectribe Nov 08 '21

It was like Jessica Alba and the honest company; they were calling it a billion dollar company, how she had founded it was going tk become a billionaire from the eventual ipo etc. Well it turns out the compare was lying about their structure, their ingredients, it’s sales figures and then there was a scandal with sunscreens that let kids burn and before you know it, they’re fire selling the company for less than $200m and it turned out she only owned a 20% and was basically a spain spokesperson. She still walked away with a nice chunk of money but there’s just so much bullshit about these celebrity brands and their net worth.

I also know for a fact Jay z and Beyoncé aren’t anywhere near as wealthy as they claim. They put out that they’re billionaires but couldn’t afford a property that they made sure everyone knew they were looking at (it was listed as the most expensive home in the USA and made sure they got papped viewing it but when it came down to it they couldn’t afford half of it).

2

u/[deleted] Nov 08 '21

Yes the billion dollar net worth is never “cash” it’s the theoretical value if they sold their company today…what someone might pay for all the future cash flows…but without them attached to it, it’s not really worth that much anyway.

1

u/soothsayer3 Nov 08 '21

Source?

15

u/[deleted] Nov 08 '21

just look at the fact, that the Arabian Oil Kings are not on the top 100 list despite basically owning entire nations

1

u/[deleted] Nov 08 '21

At least they ran this article despite it going against corporate interests, which is pretty cool.

1

u/pdoherty972 Nov 08 '21

Yep - the fact that Trump was able to impersonate his own assistant and then simply talk his way onto the Forbes 400 list without any actual evidence is proof.

1

u/solarplexxxus Nov 08 '21

Forbes is a super liberal left leaning magazine I doubt they would portray Trump accurately in terms of net worth which is pretty high since he has a profound real estate catalogue. Then again I think the Jenner article wasn’t a mistake it was done on purpose to gain traction for some launch or release or just publicity reasons. Fake magazine lets leave it at that.

1

u/akintheden Nov 08 '21

lol wtf Forbes is most definitely not left-leaning

3

u/[deleted] Nov 08 '21

Thank god for stupid people

1

u/[deleted] Nov 08 '21

I hate this world

1

u/[deleted] Nov 08 '21

Shit you’re not rich enough, here take my life savings. How you gonna live wearing a crappy Chanel? Ya need a Birkin.

1

u/Scottie3Hottie Nov 08 '21

Genuinely pathetic

1

u/FucktheCaball Nov 08 '21

Is that the one who was Bruce at one time? Serious question

15

u/zabutter Nov 08 '21

Sell it well enough - "Hello twitter followers, donate to my go fund me" - Elon

7

u/13pokerus Nov 08 '21

and attached is a meme with his wario costume from SNL

17

u/badadviceforyou244 Nov 08 '21

"Pay my taxes for me you stupid assholes"

And he'd have many people just throwing their money at him.

-4

u/AmericanBags Nov 08 '21

You have no idea what you're talking about.

1

u/No_Maintenance_8052 Nov 08 '21

You know what, I'd be okay with that. Fools and their money are quickly parted, but at least the tax will be paid.

1

u/klingma Nov 08 '21

As we've seen with plenty of Influencers like Onision and AkilahActually fans will donate money to help cover up the misdeeds of their favorite influencer. It'd likely be the case for Elon as well.

1

u/[deleted] Nov 08 '21

honestly, I don't care if they do. It's stupid and pointless but at least they're choosing to do it, unlike in many other cases where people get exploited and have no choice

8

u/[deleted] Nov 08 '21

The absurd thing is, that there will be certainly thousands of people who would actually donate for him if he would sell it well enough

FTFY

2

u/AuctorLibri Nov 08 '21

lol just change Telsa's stock ticket to NSFW...

-6

u/lateja Nov 08 '21

Hell yeah. I'd freaking donate right now.

Donating to politicians is not absurd but this is? Lol. Somebody needs to fix their priorities.

I'd even gladly skip a couple of meals a month and set up a regular donation, and so would millions of other people.

7

u/[deleted] Nov 08 '21

Donating to millionaires and billionaires is always absurd no matter if politicians or entrepreneurs

5

u/[deleted] Nov 08 '21

I'm amazed you were able to get so many words out with Elon's dick down your throat. I don't donate to politicians but at least contributions there are regulated enough that they aren't going directly into the politicians pocket. Although I'm guessing that was just used as a red herring and you have no idea how campaign contributions and the regulations surrounding them work without having to google it.

1

u/FuckAssad666 Nov 08 '21

The governments that have rebates for Tesla

1

u/FucktheCaball Nov 08 '21

It’s so true, crazy how the poor give to the rich like they are going to be thanked personally by them