• What If all billionaires died?

    From Dimensional Traveler@dtravel@sonic.net to alt.history.what-if on Fri Jan 12 08:16:20 2024
    From Newsgroup: alt.history.what-if

    This is an admittedly strange WI that came to me in the middle of the
    night but I still think is an interesting idea. What if, within 24
    hours of becoming a billionaire, that person dropped dead.

    John D. Rockefeller appears to be credited as the world's first
    billionaire (in US$) in 1916 so we can assume no change until the early
    20th century. Barring something like the ex-billionaire's body
    immediately turning bright green or something how long do you think it
    would take for people to realize the connection?

    I think there would be significant differences in economies (obviously)
    and politics but what kinds of differences and what other parts of
    recent history would diverge? So what kind of changes do you think
    there would be with no Koch brothers or Warren Buffett, no Elon Musk or
    Jeff Bezos, no Bill Gates, etc.? Did the "self-made" ones make a bigger difference before they succeeded or after?
    --
    I've done good in this world. Now I'm tired and just want to be a cranky
    dirty old man.
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  • From Louis Epstein@le@main.lekno.ws to alt.history.what-if on Sat Jan 13 22:07:41 2024
    From Newsgroup: alt.history.what-if

    Dimensional Traveler <dtravel@sonic.net> wrote:
    This is an admittedly strange WI that came to me in the middle of the
    night but I still think is an interesting idea. What if, within 24
    hours of becoming a billionaire, that person dropped dead.

    John D. Rockefeller appears to be credited as the world's first
    billionaire (in US$) in 1916 so we can assume no change until the early
    20th century. Barring something like the ex-billionaire's body
    immediately turning bright green or something how long do you think it
    would take for people to realize the connection?

    I think there would be significant differences in economies (obviously)
    and politics but what kinds of differences and what other parts of
    recent history would diverge? So what kind of changes do you think
    there would be with no Koch brothers or Warren Buffett, no Elon Musk or
    Jeff Bezos, no Bill Gates, etc.? Did the "self-made" ones make a bigger difference before they succeeded or after?


    Hmmm...I think hectomillionaires would be lobbying heavily
    to issue a new currency where the old dollar equalled a new cent...

    -=-=-
    The World Trade Center towers MUST rise again,
    at least as tall as before...or terror has triumphed.
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  • From trolidous@trolidous@go.com to alt.history.what-if on Wed Jan 24 01:19:55 2024
    From Newsgroup: alt.history.what-if

    On 1/12/24 08:16, Dimensional Traveler wrote:
    This is an admittedly strange WI that came to me in the middle of the
    night but I still think is an interesting idea. What if, within 24
    hours of becoming a billionaire, that person dropped dead.

    John D. Rockefeller appears to be credited as the world's first
    billionaire (in US$) in 1916 so we can assume no change until the early
    20th century. Barring something like the ex-billionaire's body
    immediately turning bright green or something how long do you think it
    would take for people to realize the connection?

    I think there would be significant differences in economies (obviously)
    and politics but what kinds of differences and what other parts of
    recent history would diverge? So what kind of changes do you think
    there would be with no Koch brothers or Warren Buffett, no Elon Musk or
    Jeff Bezos, no Bill Gates, etc.? Did the "self-made" ones make a bigger difference before they succeeded or after?

    Does everyone die if they hold Zimbabwean bank notes
    from around 2010?

    I am reminded of that story from some while back.

    https://en.wikipedia.org/wiki/The_Bottle_Imp



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  • From Rich Rostrom@rrostrom@comcast.net to alt.history.what-if on Wed Jan 24 18:01:00 2024
    From Newsgroup: alt.history.what-if

    On 1/12/24 10:16 AM, Dimensional Traveler wrote:
    This is an admittedly strange WI that came to me in the middle of the
    night but I still think is an interesting idea.-a What if, within 24
    hours of becoming a billionaire, that person dropped dead.

    John D. Rockefeller appears to be credited as the world's first
    billionaire (in US$) in 1916 so we can assume no change until the early
    20th century.-a Barring something like the ex-billionaire's body
    immediately turning bright green or something how long do you think it
    would take for people to realize the connection?

    How long does it take, what are the symptoms?

    Also - very few people have $1B in cash (even including bank accounts). Generally speaking, very rich people have stock in corporations, the
    value of which varies continually. Also real estate, collectibles,
    other types of securities. "Net worth"-ais usually an approximation. In
    many cases, the value of assets is ambiguous, especially if the asset is illiquid. The value that could be raised by a deliberate sale might be
    much greater than in the course of hasty liquidation.

    There are also issues of exchange rates and inflation. So who or what
    does the calculation? What currency is the benchmark?

    All sort of oddities are possible. For example, a man concludes a deal
    which increases his worth to over $1B, and then dies, leaving his
    greater than $1B fortune to a relative, who dies also, leaving the
    fortune to another relative, who promptly dies too - a domino effect
    which continues until someone has a will dividing the fortune between
    several or leaves it to a foundation or endowment.

    I think there would be significant differences in economies (obviously)
    and politics but what kinds of differences and what other parts of
    recent history would diverge?

    Someone will eventually notice. When that happens, history goes
    way off the rails because God or somebody is visibly intervening in
    the world. The theological and philosophical implications of that
    dwarf the economic impact.
    --
    Nous sommes dans une pot de chambre, et nous y serons emmerd|-s.
    --- General Auguste-Alexandre Ducrot at Sedan, 1870.

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  • From Rich Rostrom@rrostrom@comcast.net to alt.history.what-if on Wed Jan 24 18:03:16 2024
    From Newsgroup: alt.history.what-if

    On 1/24/24 3:19 AM, trolidous wrote:
    Does everyone die if they hold Zimbabwean bank notes
    from around 2010?

    Did the entire adult population of Germany die in 1923?
    --
    Nous sommes dans une pot de chambre, et nous y serons emmerd|-s.
    --- General Auguste-Alexandre Ducrot at Sedan, 1870.

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  • From The Horny Goat@lcraver@home.ca to alt.history.what-if on Wed Jan 24 17:32:25 2024
    From Newsgroup: alt.history.what-if

    On Wed, 24 Jan 2024 01:19:55 -0800, trolidous <trolidous@go.com>
    wrote:

    On 1/12/24 08:16, Dimensional Traveler wrote:
    This is an admittedly strange WI that came to me in the middle of the
    night but I still think is an interesting idea. What if, within 24
    hours of becoming a billionaire, that person dropped dead.

    John D. Rockefeller appears to be credited as the world's first
    billionaire (in US$) in 1916 so we can assume no change until the early 20th century. Barring something like the ex-billionaire's body
    immediately turning bright green or something how long do you think it would take for people to realize the connection?

    I think there would be significant differences in economies (obviously)
    and politics but what kinds of differences and what other parts of
    recent history would diverge? So what kind of changes do you think
    there would be with no Koch brothers or Warren Buffett, no Elon Musk or Jeff Bezos, no Bill Gates, etc.? Did the "self-made" ones make a bigger difference before they succeeded or after?

    Does everyone die if they hold Zimbabwean bank notes
    from around 2010?

    I am reminded of that story from some while back.

    https://en.wikipedia.org/wiki/The_Bottle_Imp


    I'd be dead for sure since my father had a good selection of 1923
    German hyperinflation stamps in his stamp collection which I inherited
    on his passing.....(from your description it sounds like we're talking
    about the same thing)
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  • From trolidous@trolidous@go.com to alt.history.what-if on Thu Jan 25 14:49:06 2024
    From Newsgroup: alt.history.what-if

    On 1/24/24 16:03, Rich Rostrom wrote:
    On 1/24/24 3:19 AM, trolidous wrote:
    Does everyone die if they hold Zimbabwean bank notes
    from around 2010?

    Did the entire adult population of Germany die in 1923?

    It does look like Germany in 1923 and Hungary after WWII
    had similar devaluations of currency.

    If you have over a billion units of it, well who knows.


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