13 points | by mitchbob 10 hours ago ago
6 comments
> Just eight billionaires accounted for a quarter of the gains, led by Elon Musk, Jeff Bezos, Larry Ellison and Larry Page.
I never saw the inverse headline here when TSLA was down by 50%.
I dearly love this website, but the number of apologists defending billionaires is one of the least savory aspects of HN.
>> Billionaires added record $2.2T in wealth in 2025
That "2025" number at the end of the title is the year, the other number is the customary balance reported at the end of the year... every year!
You seriously claim that you never see headlines like " [Billionaire name] lost $XX billion in net worth on bad [stock ticker here] trading day"?
that affected one billionaire … temporarily, until investors realized P/E ratio of 1245 ain’t that bad :)
> Just eight billionaires accounted for a quarter of the gains, led by Elon Musk, Jeff Bezos, Larry Ellison and Larry Page.
I never saw the inverse headline here when TSLA was down by 50%.
I dearly love this website, but the number of apologists defending billionaires is one of the least savory aspects of HN.
>> Billionaires added record $2.2T in wealth in 2025
That "2025" number at the end of the title is the year, the other number is the customary balance reported at the end of the year... every year!
You seriously claim that you never see headlines like " [Billionaire name] lost $XX billion in net worth on bad [stock ticker here] trading day"?
that affected one billionaire … temporarily, until investors realized P/E ratio of 1245 ain’t that bad :)