• Shrike502@lemmygrad.ml
    link
    fedilink
    arrow-up
    11
    ·
    2 years ago

    Thanks! Have to admit, I am surprised the richest person in the world is this kind of business ownership, instead of banking or natural resources extraction. But I guess others hide it better

    • ComradeSalad@lemmygrad.ml
      link
      fedilink
      arrow-up
      8
      ·
      edit-2
      2 years ago

      Jewels and precious materials like diamonds, gold, and silver, are incredibly common, and massive corporations and entities hoard reserves of those resources to basically print free money. They make diamond and gold necklaces or rings for a handful of dollars, and then sell those products at an insane markup for free profit.