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As you might know, the richest man in the world, Jeff Bezos, has an aerospace company called Blue Origin and it will bring him into outer space. Bezos is getting inside his own space shuttle, New Shepard, on July 20. But even though he's about to achieve his boyhood dream, the owner of Amazon won't be the first billionaire to launch himself above the rest of us (that honor belongs to former Microsoft software engineer Charles Simonyi). Nor will he be the second one.

Soon after he made his plan public in June, Richard Branson stepped in to say that more than a week before Bezos, he would be boarding his own Virgin Galactic VSS Unity for a spaceflight. And on Sunday, he did. The 70-year-old won the billionaire space race.

But not everyone finds this rivalry useful. Or even inspiring. Writer Jacob Silverman, for example, called it "a tragically wasteful ego contest." But he's not alone. Many Twitter users seem to agree with Silverman and have been criticizing the billionaires for being out of touch with reality.

Image credits: richardbranson

#1

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Mikel_Jollett Report

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Leo Domitrix
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Wish I could edit, meant to say, "Don't bother with the dog parks. Dogs deserve better." Geez, it's not even Monday.

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ben woskje
Community Member
2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

"Name a dog park after you" - now I'm incentivised to become a billionaire....

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Helge Kautz
Community Member
2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

US annual military budget: ~700 BILLION dollar. Why ask two private enterpreneurs to end world hunger when their wealth is dwarved by even ONE year of US military spending?

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Hazel Rhea
Community Member
2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I both wish to be wealthy enough to have a dog park named for me and hope it never happens. I love dogs maybe more than I should. My dogs want me to themselves. They couldn't have me being the willie wonka of my own dog park. What I have is more than enough. If billionaires could feel this way then maybe they'd be happy putting their resources toward solving painful problems.

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Luther von Wolfen
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

In 1960, the US economy was the best it's ever been and the top tax rate was 94%.

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Nikki Sevven
Community Member
2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I'd lower that to $100 million. Seriously, no one needs more money than that. No one needs that much even.

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Kim Lorton
Community Member
2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

They lost the race before even starting! Another billionaire had already gone into space ! Paid 60 million dollars to the Russians to do so! Kinda makes what these dudes did, ridiculous!

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RoseAnne Hutchence
Community Member
2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Let's not penalize people for being inventive, taking chances, getting lucky with investments, being smart, working hard and - as a consequence - making a ton of money. Good for them! I'd like to be in that mix as well. (Who wouldn't?) However, it would be lovely to see those who are extraordinarily wealthy give back to those of us who work for them or buy their products by ... my first preference ... helping clean up the horrible mess we have and are making of this planet, investing in education and solution-oriented individuals.

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Shelli Aderman
Community Member
2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

According to the Department of Housing and Urban Development, it would cost $20 billion to end homelessness in the United States. #Priorities

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Leo Domitrix
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2 years ago

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Chris Holland
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Ha! All you hating *sshats never stop to realize the number of people these billionaires have employed just so that they can be capable of generating their revenue in the first place. You never do your research on the charities they fund either. You just assume and complain and stink of envy. Nothing is free in this world, not even love.

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Adam Jeff
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

No, we very much realise the number of people needed to generate the revenue and that's kind of the problem. If they're all needed then how come only one of them gets to be a billionaire?

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Adriaan Verhelle
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Stereotypic biased self-declared-poor-man's view: acknowledging the issue regarding schools and health care, but pointing to other people to solve it. This is just egoism coated in populistic socialism phrases.

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Charles Ward
Community Member
2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

K I know you don't understand this.. You own stock it's worth 1 billion.. but you have not sold it.. so after the value of my stock exceeds 1 billion all then the future gain in the possible future sale of that stock goes to Schools and Health care. Well what happens if he does not sell the stock? What happens if the stock suddenly is only worth 5 bucks. Being paper rich based on an unrealized value of a stock.. is not money until it's sold.. Now if you're talking about the billions a business makes that then propels the value of stock.. then yes I agree on tax the business based on its profits. If you tax a business to hold its profits to a reasonable level.. then well look at that.. the stock is not worth a lot and these billionaire stockholders are no longer rich. Now you may have issues raising venture capital in the future.. But you're chasing the wrong end of the issue.

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Adam Jeff
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

The value of a freely traded stock is well-defined, so if you set a wealth tax at 1 billion it would include 'paper' billionaires. It's up to the almost-billionaire whether he or she wants to pay the tax by selling some stock or from other assets.

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Martin Palm
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I am going to be brutally honest. Democracy, theocracy, dictatorship... All are failures. Asking or demanding that these three space racing billionares should lead by funneling only money is even bigger failure of intelligence. Get it straight and right. No amount of money will eliminate any one social problem. The root cause is management abd the people in that management. I bet billionares ignore these whinings, because they are wiser. No money alone would solve any problem. Its the people. At least they focus on better tech. At least they are trying to figure out solutions and actually organize something to do so! But does anyone here even try to do something even similar in at least small scale? I wanna know. But until then I brutally say this. Less whining and more doing.

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Dandy Andy
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2 years ago

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The fact that you said that they are 'allowed' to accrue money shows you are an imbecile - they aren't allowed too, it's just how the world works. Get over it.

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Sum Guy
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

This is a government job... governments need to tax them their fair share and use that money to end world hunger. It is not their problem to end world hunger

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In his piece for The New Republic, Silverman said the unofficial competition between "three masters of the universe," Jeff Bezos, Richard Branson, and Elon Musk (with Musk expressing less interest in personally going to space) has its share of dark undertones. "If all goes well ... Branson will return to Earth having cemented his claim to ... what exactly?" the writer asked. "Spending money he's earned off the labor of low-wage workers and shuffled between offshore tax havens, he will be the winner in an extravagant pageant that's designed less to inaugurate a new era of spaceflight than to drum up business for his other companies. Branson, like his would-be spacefaring competitors, isn't an innovator; he's a salesman."

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Kookamunga
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Bingo. It's just a race to see who has the bigger d i c k. So stupid and there's so much good they could do with their endless supply of money.

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Silverman doesn't think that Branson, Bezos, and Musk are fulfilling a collective goal of the human race; they're not expanding our (blue) horizons.

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"Branson, for instance, has said he wants to make space travel 'more accessible to all.” (Early reservations on Virgin Galactic flights cost $250,000 while a seat on the July 20 flight of Bezos's Blue Origin sold for $28 million.) But any honest assessment of the billionaire space race shows that it's less the dawning of a new epoch of universal space travel than the world's most expensive infomercial for a network of self-dealing billionaires who plan to make a lot more money down here on terra firma."

The unapologetic writer highlighted that the three men's business portfolios are conveniently vague, too."They all retain potentially lucrative interests in satellite launch and rocketry firms, which is where the real money is. And should the launches go well, they all stand to benefit from rising optimism and investment in their industry."

Of course, we can't expect billionaires to give money to every person in the world and solve the biggest global problems. But they can't expect us to believe that their "space exploration" runs on altruistic fuel as well.

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Dave P
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

the insulin prices are due to govt regulations in the US, that if we literally changed one page in our regulations in the US a months supply would be under $20. Insulin prices in the US are caused by US Regulations that force the prices to be that high.

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M O'Connell
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

That would require every member of that society to be on the same level of emotional maturity, and be uncorruptable in their ethical duty to the collective. That will be challenging to say the least.

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Martha Meyer
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

How does that calculation actually work? I can see billionaires dropping enough food for everyone to have enough to eat for a year or a decade, but that wouldn't end systemic hunger?

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CatWoman312
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

How can he be that out of touch? Maybe his head is literally already in space

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Robin DJW
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

We're not talking about prohibiting profits - I just want personal income taxes to keep step with reality. Even if Branson only has personal income of 3 bn/year, (1% of his net worth of 300 bn) he can make more in interest on 3 bn IN ONE YEAR than I have earned in my entire lifetime. And 1% is a lot smaller tax rate than I have to pay. Overhauling the tax laws would make us more socialists rather than fascists. The "I earned it" argument is hogwash. Amount of work expended, personally, by his own effort, is probably about what I produced in my best year. He's not so much a genius as he is a rapacious, exploitative, risk-taking person. And it's his employees who earn him the money, because, really, no one one on earth gets a 3 bn per annum salary.

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Lynn Morello
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Just want to be able to pay our rents and buy food without having to have 3 and 4 jobs.

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Ojeda4America Report

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Jessica Combrink
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Mandela once said, "A person who does nothing for their community is not worth remembering when they die."

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MAL
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I really hope hell is real and that billionaires like these end up there.

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Axolotl King
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Or have them pay for chemo and insulin so that people who need it can afford it

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anthonyvclark20 Report

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Heidicatrina
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2 years ago

Google food deserts

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Leo Domitrix
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Yes, those poor billionaires. They'll be suffering so when they're still billionaires when paying a living wage and allowing bathroom breaks...

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Vicki Perizzolo
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2 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

how about reforesting the planet???? cleaning up our oceans?? fixing our climate??

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sherlyholmes Report

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