 If you want to be a billionaire, you've got to get the mindset right. Hustle. Life is this. I like this. Discipline. Then I apply an urban facial mask. Vision. We're going to reinvent the phone. A rise in grind attitude. Wake up. And total delusion. You're never going to become a billionaire. And here's why. First of all, a billion is a hell of a lot more than a million. And I know that sounds obvious, but it's actually kind of wild how much more than a million a billion actually is. Put it this way. If you got one pound every 10 seconds and didn't get taxed on any of it or have any living costs, you'd be a millionaire within four months. But if you got a pound every 10 seconds, you'd have to wait 310 years before you hit your first billion. So you could have been on a 650 grand salary since the age of 18, which just FYI would put you in the top 0.1% of earners and still not have anything close to a billion in your bank account by the time you retire. $1.95. Billionaires don't earn money the way you or I do. If you were relying on wages to make you a billionaire, you'd literally die before you ever saw it happen. So how do people get to become billionaires? Entrepreneurialism, sound investment, and a candy spirit, right? Right? According to Forbes, 69.5% of the billionaires on their 400 list are self-made. They cite Oprah Winfrey and the private equity tycoon Barry Sternlicht as examples of people who were born into working-class families who overcame significant obstacles in order to get where they are today. Pretty inspiring, but fundamentally misleading. Forbes might claim that nearly 70% of its top 400 billionaires are self-made, but most of them aren't exactly Jenny from the blog. 308 of Forbes' top 400 come from middle or upper-class backgrounds, or they inherited a business or fortune from their parents, or they're just a hired slash hands-off investor who didn't actually grow the business themselves. The self-made myth falls apart the closer you look at it. One study from 2012 showed that 40% of American billionaires inherited a sizable asset from a spouse or family member. According to Oxfam, about a third of global billionaire wealth comes from inheritance, and another third comes from crony connections to government and monopoly. They're the beneficiaries of a rigged system, stacked in favour of those who already have a degree of money and power. But what about, like, investments and stuff? Can you tell that I did answer in the humanities, you know? As Grace Blakely points out, the single greatest source of wealth on the Sunday Times rich list is property. But most property wealth doesn't even come from building things. It's through speculation, buying up the housing stock and sitting on it as the price is skyrocket. This doesn't create jobs or trickle down. It pushes up housing costs for everyone else. This then creates even more wealth for the already wealthy. The rental market basically transfers money from people who don't own stuff to people who do. Rob the bar to feed the rich! Property portfolios aren't a productive investment. They're a predatory one. And property developers don't become billionaires by building affordable housing. The richest ones make their money by building ugly-ass luxury developments and selling them to other billionaires, who in turn sell them to other billionaires, who sell them to other- you get the idea. I love real estate and I love buying real estate. Billionaire wealth is built on exploitation. This can be through monopolizing a resource that we all need to survive, like energy, steal or information, and putting up barriers so we can only access it through them. Or it can be creating miserable conditions for workers so that owners can maximize profits. Think about those self-made one great idea billionaires. Steve Jobs or Tim Cook of Apple, Jeff Bezos of Amazon or Uber's Garrett Camp. For guys who are literally some of the richest people on the planet, they don't pay their workers very much. Apple has been linked to forced labor and sweatshops in the Chinese factories which produced the bulk of the company's iPhones. In the past 10 years, there have been multiple suicides of assembly-lined workers and the Foxconn corporate response was to install large safety nets outside its buildings to catch falling bodies. Workers at Amazon warehouses, paid about a 10 or an hour, have reported being forced to urinate in plastic bottles because they can't go to the toilet while on shift. Meanwhile, Uber has been fighting its own driver's demand to be recognized as employees and be paid the minimum wage. One driver has said that unpaid waiting times force down his pay so much that he has to work 12 to 14 hour shifts just to break even. Becoming a billionaire isn't a reward of individual effort. It's not a prize for playing fair or working towards the public good. The societies which produce the most billionaires are the most unequal on the planet. The UK produced 24 new billionaires, the single biggest jump for 33 years during a pandemic which has claimed the lives of hundreds of thousands of people and increased unemployment to 1.7 million. In the words of Alexandria Ocasio-Cortez, no one ever makes a billion dollars, you take a billion dollars. Billionaires are a symptom of a sick society which rewards those with the greatest capacity to leverage their power over as many people as possible and extract money from them. The truth is, you're never going to be a billionaire. But even if you could, would you really want to? No one ever makes a billion dollars. You take a billion dollars. If you are a billionaire, why not send us some money at navara.media.com forward slash support? That's some real rich people shit. And if you're not a rich person, you can like this video or subscribe to us on YouTube.