skuM is projected to become the world's first TRILLIONAIRE due to his
Posted by Sia on November 7, 2025, 1:21 pm
recently approved pay package to stay with Tesla and build it into an "AI empire juggernaut" with self driving vehicles and other major AI and robotics projects.
Of course, that is tied to his performance but experts believe that it will come to pass that he is the 1st trillionaire ever within the next 10 years, barring any unforseen obstacles that could potentially arise.
"Elon Musk, Jeff Bezos, Mark Zuckerberg, Larry Ellison, and Bernard Arnault are projected to become the world's first 5 trillionaires by 2030."
I do not think that ANY single human being should ever be a trillionaire and heartily object to anyone being a billionaire (beyond perhaps ONE billion $$ max in personal wealth for those who are outstanding in any given business or enterprise).
Assure that they continue to have access to 1 billion $$ in personal funds, refilled per year, even if they spend that much yearly on "stuff". That spending will go to other businesses as they accumulate stuff. So what? They have earned it and the rest will go to good causes, so tolerate that much greed if they want it.
My ideas on what to do with the rest:
They should pay 60% of the balance over 1 billion $$ earnings in taxes to fund government services and to reasonably feed, clothe, house, and educate those in need who are unable to support themselves or who are victims of circumstances beyond their control. Allow for modest extras because they CANNOT earn them themselves.
Even lazy folks deserve to eat and their children moreso, so create a minimum public income for everyone that covers those essentials and NOTHING more so that being lazy only keeps you alive at minimum sstandards.The lazy will be sustained but have to work for everything over sustenance levels. Give their children toys, books, entertainment geared to their ages, and excellent education so they don't suffer because of having lazy parents and can build their own future.
Then, 20% of that additional wealth should be held in escrow for them to choose charities and causes they want to support, without any personal gain aside of public recognition for their "gifts" to the world.
The remaining 20% should remain in the budget of their individual companies to encourage expansion, more jobs, and maintenance of their earnings without the ability to spend it on anything other than actual business expenses. Have the IRS do mandatory yearly audits on companies generating more than $100,000,000 a year before deductions to prevent rewarding anyone more than the maximum $$$. IOW, no personal perks allowed in deductions, only actual business expenses. That may encourage companies to share the wealth with employees and to expand to create more jobs since no one can get more money personally than the $1 billion max.
Without a major incentive to create, most humans will just retire once they can no longer gain enormous wealth above the maximum. The rare few who are driven to keep going should be allowed to have full say on where the 20% escrowed funds go. (Museums, up and coming technology, schools, the arts, scholarships, public improvements, and so on.)
Make GIVING and the public recognition that goes with it the "new" incentive to achieving success along with having much, much more personal wealth (1 billion $$) than the average bear.
You can't make it impossible to be filthy rich without destroying incentive to create and invent. But turn that desire to be "the highest earner" into a competition between them to GIVE the most to the world. After all, no one can legitimately spend $1 billion on "stuff" every year for very long.
My main source for the projection was Reuters article along with multiple Google searches to expand on the snip from Reuters.
With the exception of the italicized quote, the rest of my post is my own words, opinions, and interpretations of the articles I read boiled down to the essential info. Just ideas off the top of my head. Tweaks and rethinking expected since I didn't spend much time presenting my thoughts on it all.
on November 7, 2025, 1:21 pm
