The Worst Idea Of All Time - Killionaire TV: Mid-Season Billionaire Update

Episode Date: May 31, 2022

We take a brief departure this week from our regularly scheduled programming of plotter v plotter in the Killionaire TV series to bring you an up-to-the-minute update on how the world's top billionaires (according to Forbes) are stacking up. A certain German, gold-spinning imp is on the up-and-up and SOME people, at SOME time counted a billion as a million million. Crucially though - we need to discuss the current goings on of a Jeff, a Bill, some Larrys and of course, an Elon to find out what everyone is up to on 31 May 2022.TWIOAT Twitter / Instagram / Facebook / Website / SubstackGUY Twitter / Instagram / Facebook / WebsiteTIM Twitter / Instagram / Facebook / Website Hosted on Acast. See acast.com/privacy for more information.

hello everybody and welcome to this a mid-season update for killion here hi guy hi tim we'd call this the billionaires interlude as we check in in real time on today may the 31st um 2022 it's important to demarcate the year as well as the date in the month and we're doing this at the midway point of our killing year episodes because guy whilst it is a noble pursuit we're on it's one that we recorded in the month of from memory february that's right and february which never feels right to me. Should be pronounced February. Should be pronounced Weirdness Day. I call it Weirdness Day.

I'm always doing something crazy on a Wednesday. Take tomorrow, for example. I'm going to have a bath and piss in a cup. Whoa, he's crazy, everybody. Look out. But not as crazy as Elon Musk, not founder of Tesla. Obviously, we're going to be talking Elon. But before we do, I'm tracking in real time with the help of our sponsors, Forbes, the world's billionaires.

They've got an incredible... Have you got the leaderboard? Yeah, it's like it's like a stock take so for real-time billionaires ranking tracks the daily ups and downs of the world's richest people okay the value of individuals public holdings update every five minutes when respective stock markets open so that i didn't know you had access to this and i didn't know the tool existed this is exactly what we needed today i I know. And do you know what? The first question I wanted to ask you is how many billionaires do you think there are in the world? Because everyone who they value as being over a billion dollars is featured on this list.

So you know the number. Well, I thought I would by the time we got to talking. Yep. But truth be told. Is it not loaded? Is it that kind of a situation? I'm scrolling as fast as I can. Or scrolling, but you know it's why don't you ask it could you type it into google and i'll take it or do you want to vice versa it and you can take a guess uh no i've got a rough

estimate here i mean all right basically i'm down here we go down to the poorest billionaires i believe the number of billionaires that are walking around God's green earth at this moment on the 31st of May 2022 is 4,000. Precisely. 4,002 billionaires. Well, I'm going to tell you now, Tim. You have almost overestimated the number of billionaires by double. Oh, wow. The number, I'm currently down here skulking around with the paupers

who have $1.5 billion to their name. I mean, honestly, at that point, I'd donate the half a billion dollars just to remove myself from the list. It's humiliating for these people. Would you rather be a big fish in a little pond? That's right. Or a little fish in a big pond? Put your dick back in your trousers.

Go and talk to the millionaires. But basically, these people are all, they're sitting down on $1.5 billion. They are sitting down, aren't they? We've got Alan Geary, who's made their money through cable television at the age of 93. They're in the United States.

Fuck you. No wonder he's at the bottom of the list. Cable's dead, and so soon will you be, Alan. Yeah, that's right. But so this is down around the 1,975 mark. If we want to go to the very top. The tippy top. Well, I mean, don't blow your load too early.

Let's build a narrative here, baby. Oh, absolutely. Do you want to give me like a top six or something? I think based on the data I've got in front of me and the research I've done, build a narrative here baby oh absolutely do you want to give me like a top six or something i'll give you i think i think based on the the data i've got in front of me and the research i've done i think the top 10 is probably of interest wonderful okay basically they all get pictures until you get down to the thousands and then they're like these fucking anonymous try hards now i'm also interested as to forbes i might have this wrong this can't be true actually i must

have this wrong but i feel like some americans count billion differently to us what well like i think there's some some people count billion as a million million and some people count it as a thousand million but we in new zealand we count it as a thousand million and um i think in in the uk it's like universally recognized as a thousand million but i had a feeling that in the usa the meaning of a billion is a thousand million okay well that's good that makes sense so maybe it feels like i made this up the uk the term billion historically however the term in the uk the term billion historically however the term in the uk the term billion meant one million million oh okay oh there it is but in the united states the term is used to refer to 1 000 million and so forbes is an american website well americans

you get so little right when it comes to counting things i'm talking inches i'm talking yards i'm talking quarts and uh pints oh that's actually british gallons i'm talking i'm talking yards. I'm talking quarts and pints. Oh, that's actually British. Gallons. I'm talking Fahrenheit. I'm talking Celsius. It makes no damn sense. But I will concede, well done. You're on the right side of history on this one.

So you want to know the top 10 billionaires in the world right now? Guy, I'd fucking love to. Put me out of my misery. Well, at number 10, a man whose name i don't think has passed either of our lips for as long as we've been creating this podcast rumble stilt skin that's right that gold thread finally came through you can't beat gold bullion rumble stilt skin is in 10th place congratulations rumble stilt 94 billion dollars number 10 on the forbes hot 10 now who is outside of rumble stilt skin who is this rumble stilt skin just got on the website he 10 Outside of Rumpelstiltskin Rumpelstiltskin just got on the website

He bummed out the previous 10th placeholder Who has $93.9 billion The 82 year old Carlos Slim Helu And family He's the Mexican media magnate It says here the source of his wealth is telecom Oh yes that's right

Sounds like a telco giant I feel like when i went to mexico briefly he was um there was a lot of news about that guy i went to mexico once there was a lot of news about him presumably all good you'd have to assume any telco and also at the time their president was vincent fox which is just the best name for a president there could be yeah it's right up there with like It's like a Metal Gear Solid name. John Tobacco. Yeah.

I think any billionaire telco, like if they're in the news, you know it's for good. They've got two interests and they come in this order. The will of the people and then their own personal wealth. And then probably third is,

you know know the stakeholders yeah anyone who's holding a steak they must be taken care of is there a skillet nearby how do you like it cooked guy who's at number nine at number nine

oh he's climbing up the charts Rumpelstiltskin you son of a bitch this guy cannot be stopped. He shorted Tesla and has rocketed up the charts. That's right. Rumble Stiltskin is now at ninth. Bumping previous ninth place holder Larry Page of Google,

who has to the tune of $96.9 billion. I would love you to put a number on Larry Page's age. What's that age, Larry Page? 62. If I can guess, Larry Page? 62. Fucking guess again and subtract by 13. Whoa. Wait, is it 48? 49.

49. So young. Yeah, that's crazy. He looks like shit for 49 if it's the guys in my head. He doesn't look that bad. He's just got silver hair. And honestly, I think there's something very becoming. Oh, that is not the guy I thought it was

there's something very becoming that guy looks cool about a gentleman he looks like Beto O'Rourke my

yeah yeah he's a great guy my I think all of my just let that sit there no no no

him and Pete Buttigieg yeah yeah couple of mad lads I would love to go out for a night of cigars and whiskey

with Pete and oh mate you do that I to go out for a night of cigars and whiskey with Pete and Beta. Oh, mate, you do that. I'll go out with, what's his name? Chasen. Is that his name? Chasen. Yeah, Pete's partner.

What's his name? Chasen? Chasen. Something weird. I don't know. Wait, wait. Listen. It's not about that.

Pete Buttigieg is dating a fella? I am fairly confidently married. Well, you can still go on dates when you're married, Tim. But also, that guy like Pete's partner needs to fucking get out of here. It's not a good situation. Oh, really? Not at all. Oh, no.

Not at all. We're not talking about that today. We're not talking politics. We're not palling about with the politicians. We're bumbling with the billionaires We're turning a page to get to number Well we're staying in number 9 Because we're talking about Larry Page Yeah

I just think 49 is so young Yeah the thing with those Google guys as well Serge I think is his co-conspirator I mean they may not be in the top 5 for billionaires But I get the feeling that they wield a lot of power yeah i'll tell you one thing larry page knows about what everyone uh he knows about everyone he can look up anything he wants to about anybody and he could ruin you he could destroy you and your family he could um this is what I'm saying. Number nine is a perfect position because it's like, you know,

if you're in the top ten richest people walking around, you know that it is a great showing of your skills and it means that you're a stone's throw-ish to number one. If you wanted to get there, people are aware that you could do it, but you're not. You're hanging back because it's the fuckos sitting in the back seat

that you've got to look out for on the bus. Have you heard a single strategy to murder this man? No, not one. That's what I'm talking about. You can sit anywhere, 1,000 to 2,000, Tim. Where do you put yourself? On this list? Yeah.

It's the 1,001 because I want to be in the fucking back row. But only just. I want to be top of the back row. I think if we can ever get this movie franchise optioned of Killionaire,'ll call it 1001 billionaires i like that a lot yeah cruella d i got nothing it'll be more like robin it'll be like a robin hood the crowd of a figure will be more like a robin hood type figure we'll have a lot of fun with it anyway we'll workshop it at number 8 Fucking hell This guy

He's spinning gold faster Than I can read the name No it's not is it It's Rumpelstiltskin Holy shit But who did he knock off He knocked off Mukesh Ambani

Who is an Indian billionaire To the tune of 99.7 billion dollars How did Mukesh Make his cash Source of wealth Diversified Oh

Mukesh You little scamp Source of wealth, diversified. Oh, Mukesh, you little scamp. He's what we'd call your old school business magnate. Okay, this guy, he's sold a few jackets and hats. That's right. And you'll be interested to know that he, actually, no, no, this is interesting. I just quickly jumped over to his Wikipedia. What have we got there?

You got any kids? Probably. It says here, In early 2019, a court in Mumbai held his younger brother in criminal contempt for non-payment of personally guaranteed debt. Reliance Communications owed to Swedish gear maker Ericsson. This is the thing with being a billionaire. Red flag on the field.

Whenever brothers are getting in court cases. And it's always with sort of jargon that's specific enough for me to glaze over. I remember when I was young and I was like, dad was watching the news or something and a politician was talking. I was like, why do you watch this? It's so boring.

And he was like, the point is, guy, they want to be boring so that people disengage and they can do what they want. And it's always kind of, to an extent, it's a line you have to tread, but it's like you have to be charismatic enough to get the power, but then once you're in power, you have to be sort of plain enough to try and,

you know, like speak in such boring, simple terms. That's why you want to be at number nine. It's the same game. It's the flying under the radar, getting away with your BS. Anyway, so... I self-censored on bullshit after I've said some horrendous stuff previously. He's a member of several boards.

Oh, good for him. Yeah, all good ones too. The Board of Governors Institute of Chemical Technology in Mumbai. He's the former vice chairman of Reliance Petroleum. Do we please hear he is now the chairman of Governors Institute of Chemical Technology in Mumbai. He's the former vice chairman of Reliance Petroleum. Do we please hear he is now the chairman of the board of Reliance Petroleum. Well, thank God. And it's about time, actually, for Mukesh. Yes.

Okay. That's right. Incredible to think Rommel Stiltskin doesn't hold down a single job, and yet he's bumping all these guys out of place. Yeah, yeah, it's nuts. Is he a charismatic dude? I think so, but doesn't he ultimately eat children or something? Isn't he very dark?

Yeah, yeah. There's always a sinister underbelly to these guys. The brothers, Grim, they really sass it up. They're like, oh, let's take that kind of harmless-ish myth that we've been teaching children for generations and let's really fuck it up. Never been a more apt name for a group of brothers. I mean, these guys are bad news. It's a British myth that we've been teaching children for generations, and let's really fuck it up. Never been a more apt name for a group of brothers.

I mean, these guys are bad news. You don't want them at your dinner party. They'll bring the tone down. At number seven. No, I'm just kidding around. He's still at eight. It's Larry Allison. Is that the Larry of whom you're thinking?

No, I think it was Serge maybe. I see, yeah. Larry Allison is the Oracle man. Yes, it says software, but we can read between the lines. You can't spell software without an O, and you also can't spell Oracle without an O. Got him. Yeah, I got his ass. Do you know what?

That is incredible to me that he is currently occupying number seven. Because Larry Allison is a guy who is like, I feel like the billionaires list flips around a lot. But Larry Allison has been a big dick money man from software for like, to me it feels like over two decades. That's pretty crazy. I know Bill Gates is in the mix. I get it. But Bill Gates is Bill Gates. Bill Gates kind of occupies his own category.

Yeah. It's crazy to me that he's still there. Do you know what Oracle is? I don't. Me fucking neither, dude. I think maybe they invented JavaScript or something. I will say this. Larry Ellison has lived a rich and varied life he's kind of like the good version of um john mcafee i feel

like they look similar they both love boats but for very different reasons i will not sit on this podcast and hear an ill word spoken about the great john mcafee the late great well no i don't think we should say great i think you should retract that single-handedly yeah he was really bad eh yeah not even in a way where we lightly joke about how i don't think so it's like i don't think it's ever it's not on the record anywhere but man no not a good dude yeah yeah great fun dude to watch you would not want to be anywhere near the proximity of that individual. Can I tell you just a little bit about Larry Allison's early life,

just to see if it piques your interest? I'd love to hear it. Born in New York City to an unwed Jewish mother, his biological father was an Italian-American United States Army Air Corps pilot. After Allison contracted pneumonia at the age of nine months, his mother gave him to her aunt and uncle for adoption. He did not meet his biological mother again until he was 48 wow i know wow he's he's the larry king of billionaires here's a man

who's been married and divorced four times good for him yeah i'll bet he's getting better at it each time he enters into the well that's what you know in a relationship you want to if you if it ends you want to leave the person better than you found him and i think it's a credit to all of his ex-wives that larry allison is consistently a man on the up you wouldn't want to marry someone who's never been married before i mean my god they'll do it wrong how would they know anything about it you want to be married to someone who's had three former spouses. Now, do we think of billionaires in the same countries as one another as traditionally rivals? Or do we think that they enjoy, much in the same way celebrities date inside of the pool of celebrity, do we think billionaires find it more easeful to be in the company of other people who are mega wealthy?

This is the best question you've ever asked me, I think, because there is a natural in-group to occupying such a rarefied air of possessing a billion dollars worth of assets. But ultimately, this particular in-group are fiercely competitive because that's what got them to such unimaginable and I would say completely unethical wealth.

So, guy, they fucking hate each other and they're scrapping all the time well in which have you ever seen elon and bill gates in the same room at the same time because i sure as shit haven't i haven't i actually i um i read about elon elon was trashing not trashing but he was he was calling bill gates uh a distrustful person on Twitter recently. Well, I think he also told Jeff Bezos to stop partying. So is Elon just throwing out a bunch of unsolicited advice? Let's see where he is in the charts, though.

That's right. Well, I don't know what shorting is, even though I watched that whole Adam McKay movie, Don't Look Up. You're gambling on a company going down. Elon Musk says Bill Gates has multi-billion dollar Tesla short position. So that means he's put a lot of money on the table to say Tesla's value as a company will go down. Lots of people have tried to short Tesla in the past. And they've all kind of been burned because the stock prices has continued to rise and rise, defying any kind of perceivable logic and a lot of ways what

we saw happen with nfts and kind of meme stocks your gmcs and uh sorry your game stops and your amcs um tesla was sort of the original uh template for that where it's like market fundamentals just simply not apply to this company it's based on a cult of personality of one son of an emerald mine owner. And a supermodel. Right. Who he counts as his best friend, I think. Took you to the Met this year, the Met Gala. I think it's all...

That sucks. You're a billionaire, dude. Yeah, I know. Get someone who's not your mum on your arm. Jeez Louise. Anyway, we've got to stop talking about him because in at number six, we have Gautam Adani and family. Hello.

A second. Gautam? All that money and he couldn't afford a different first name. Well, you're going to feel like shit when I tell you he's Indian. Why? Well, because it's probably. It's probably culturally contextual. Yeah, that's true.

It's probably like Tim. Yeah, that's true. It's probably like Tim. Yeah, it's true. But yeah, so this guy has made his money through infrastructure and commodities. He's 59, 101... No, $105.6 billion. What? $105.6 billion.

Okay, let's leave decimals out of it. Okay. Well... $105 billion. Well, if it's $105.6, you'd round up to 106. If we're doing Swedish rounding, that's right. And it does feel rude to leave off $600 million. Yeah, yeah.

It's all relative, isn't it? That's crazy. So we're debating a rounding of $600 million. You're wiping it off the table. You're saying, do you know what? That money may as well not exist. When you start breaking these things down, 600 million dollars you're wiping it off the table you're saying do you know what that money may as well not exist when you start breaking these things down it's like realistically guys no one no one should have that no it was just yeah like to this guy what is the difference

between having and not having that 600 million dollars and to literally everyone else in the world what is the difference between whether or not that is distributed or not? These are big sums we're talking about, folks. These are big, big sums. Yeah, don't be deceived by how they've reduced them to just three numbers with a B next to them. Now, sorry, this gentleman's name again? Gautam Adani.

And family. And so what... Oh, well, hold up. Are we putting families in there now? They get like... He's chairman of the Adani and family. And so what? Oh, well, hold up. We putting families in there now? They get like, he's chairman of the Adani group, I think. Okay, so we're talking about sort of maybe like a family trust sort of scenario. Yeah, yeah. Conglomerate of companies run by the whanau.

What do they deal in? So glad you asked. Adani group is an Indian multinationalational conglomerate god damn it one day i wish to have a blue hyperlink on my wikipedia page about the multinational conglomerate i own or run like is there a more satisfying combination of words than multinational conglomerate what would you like to call it montcorp uh i mean ideally i'd love to call it multinational conglomerate and it's like a really small locally owned business that's losing money how hard do you think it is to register a company in the caymans because i reckon it's probably not that hard

if you get a lawyer who did this but then you know these lawyers who know how to do it they register like 6 000 companies a week yeah that's one of those things that we're it know how to do it. They register like 6,000 companies a week. Yeah. That's one of those things where it's fun to do conceptually and it's funny, but then it's like in New Zealand, if you're getting audited by the IRD, they're like, what's this multinational conglomerate you have in the Cayman Islands? Mate, IRD is too lowly resource to go sniffing around the Cayman Islands. They don't have the fucking weaponry to look into that. Yeah, those poor bastards.

Anyway, so it's a multinational conglomerate founded in 1988 as a commodity trading business with the flagship company Adani Enterprises. The group's diverse businesses include port management, electric power generation and transmission, renewable energy mining airport operations natural gas oh my god processing and infrastructure you get the feeling that someone at the adani group is in charge of re-editing the order in which those uh like multi-pronged

parts of the business are listed to make sure that natural gas and mining always come after electric power generation and renewable energy because i'll be that's not the fucking order they started working in them at the business bloody oath and i'll be even today it's not the current stack of what's revenue generating for them man that is uh that's life that's someone's whole life that is a a citizen of the world's life just like you could eat from this company travel from this company Just like you could eat from this company, travel from this company, your energy needs are met from this company. Are they in housing?

Anything about housing? It doesn't say that, but I remember the name Adani, the Adani Group, because they caused a lot of controversy in Australia. The Adani Group launched in 2014 with the support of a part of the Australian government in Queensland a mining and rail project in Carmichael in Queensland's Galilee Basin for $21.5 billion This mine is just one of many coal mines in Queensland

Again, even that edit point was done by someone inside of the fucking company But what's the rest of the sentence? The project will occupy an area of 35,000 hectares. In response to activist pressure, some international banks refused to finance it. And in 2018, Adani Australia announced that the Carmichael project would be totally financed by the Adani group.

Where was it? What happened? It says... It's probably an open pit mine or something. And then Australians got wise to it, Australian citizens. Yeah, that's basically it. The Australian government's been taken to the Federal Court of Australia

by the Australian Conservation Foundation twice, once in 2018 and once in March 2020, relating to its contravention and alleged contravention of the Environment Protection and Biodiversity Conservation Act 99 with respect to the impact of the mine on groundwater and the country's water resources. If you are fucking up so bad that you make a mine in Australia that can't even meet their laws, you deserve to get got.

Who's at number six, Monty? So glad you asked. That was number six. Number five, we're now getting into very familiar territory. And this is probably the best-liked billionaire anywhere on the list from one to 2,000. Hold on. No, I can't think of who you're thinking of. Rhymes with foreign scuffet.

Warren Buffett. Yeah. Yeah. People do like him, eh? Because he's got a real grandpa vibe. Well, yeah, that's the benefit of being old. I feel like he wears cardigans like he leans into it what is he is it why is he liked beyond just the concept of him being like do you know why this man is like i think i kind of get the sense that he's

cultivated this this public persona of a guy who like does research about companies because what is it berkshire hathaway is it the name of his investment and like his whole thing is he kind of wakes up early in the morning gets a cup of coffee and reads perspectives for companies so he really like digs in does the homework um he's an old school kind of a guy you know he's a figure of a bygone era where making money made sense you would take a bet on a company that had a great idea that could add value to people's lives it's not like this fucking elon bullshit where you promise you're gonna make a billion cars and then you're like now i'm building a robot and then neither of those things come true i also

think i can see here why his name floats in my memory as a billionaire for some version of good. Buffett is a philanthropist, having pledged to give away 99% of his fortune to philanthropic causes. So is Bill Gates, though. Yeah, well, it's... But everyone fucking hates Bill Gates. Well, Warren Buffett didn't keep getting on Jeffrey Epstein's plane. Checkmate. Speaking of Billy Boy, surely he's next.

Correct. Warren Buffett has $115. Not that it's relevant, $0.3 billion. We've definitely talked about it, but didn't Bill Gates is separated from his wife now? That's right. Melinda Gates. And, I mean, Guy, you're doing such a wonderful job

of really anchoring this with so much context and information that you're pulling up on the fly. Really good. Really fucking good. And this may be a bridge too far of a question to throw at you, but do you know if this, sort of where we're at, and I guess it must to an extent. I don't know if they're divorced yet, I guess is my first question.

And then I don't know if the financial dust will have settled. I feel like once Bill and Melinda Gates go through all the legal stuff and separate that, his wealth will sort of take him out of the top 10. Yeah, it's an interesting thing. It doesn't appear to be a currently discussed news point most of the recent information pertaining to it is actually um from august of last year i've heard of it and uh there's no official number placed on what the divorce cost either of them it says as of monday this is dated august 2nd 2021 gates net

worth was around 152 billion dollars which means he and french gates could each be worth around french oh that's the surname of melinda yeah she she brought back her maiden name 76 billion dollars following the divorce um so it's hard to say but as of right now on Forbes Bill Gates is still credited as having 128.5 billion dollars the total number value of their divorce is not really up for discussion at the moment

Bill Gates also isn't responding to any DMs about what Jeffrey Epstein was like to talk to at dinner parties have you been messaging him? as much as I can what platforms are you using?

Twitter and Instagram? or just like one or the other and gmail i got his gmail do you yeah shit do you want to put that on the pod or is that just a you thing uh i can put it on the pod okay what's his email address i wasn't on that plane at hotmail.com fuck that is damning i mean don't pick that name i know it's so stupid to me but it's his email you know it's it's one of those things. I'd love to tell you what your email address should be, but it's not my place.

You've got an email address. It works for you. Whether or not I like it or not, it's barely relevant. Sometimes I think being an adult and holding healthy relationships is about being able to predetermine those boundaries and biting your tongue from time to time. I think you've got a dumb fucking email. Number three. Guess.

Right now, as of today, it's Elon, I reckon. Oh, it isn't. The guy's shaking his head. That doesn't get picked up on a microphone, but he's making maneuvers to the negative. Well, in that case, I'd have to say... Is it Bezos? Is it?

Jeff Bezos. Jeff Bezos at number three. He's not going to love that. Yeah, he's going to be pissed. That's probably why Elon told told him to stop partying he wants a bit more competition up the top he's got 140.8 billion dollars and honestly it is staggering to me that someone who owns amazon which by all accounts seems to be able to monopolize almost the entire u.s economy unfettered. Is that poor? I think Amazon's recently taken a bit of a tumble though. Why?

Well, there's been like a supply chain crisis internationally and that is basically, you know, Amazon's whole thing is shifting shit around. Getting shit to people. I don't get it. If you've got no business ethics, don't let this shit get in the way of you becoming rich what does that mean he's acting like a fucking idiot find a way to fix the problem if you don't respect people do it well there isn't another sewers canal it's just that one how do you find an alternative for that i'm just looking up the um history of uh oh excuse me

amazon share price it is down 34 in the last six months from where it was half a year ago you think what i'm thinking pull our resources getting while it's low oh yeah man buy the dip hashtag buy the dip everybody yeah we all need to get some okay we really would need to pull our resources because even at this uh slump that amazon is currently experiencing one share will cost you the princely sum of 2302 usd wow it's so much money for one share yeah but you know you are sharing in something so unethical it's almost um So unethical. It's almost inspiring.

Can't spell share without share. That's right. Also, by the way, that hashtag, buy the dip, it goes both ways. Obviously, you want to buy at the dip, so you want to buy low to sell high. But also, when you're buying and when we're initiating one of these huge global movements and controlling the stock markets the way that Tim and I do. We're saying, buy the dip. BYE, see you later dip because we're bouncing right back up. Number one, baby.

You buy an Amazon share right now, May 31, 2022 NZT. Our guarantee is by June 1st, 2022 NZT, that share will have doubled in value. You know, Guy, I have my ear to the ground on economic matters. And if there's one thing that all global economists are confident on right now,

it's that we are heading into a time of unparalleled prosperity and the stock market is about to go up. Everyone agrees things are great. Yeah. Everyone agrees we are right now in a moment before things are going to be greater than they've ever been there's zero warning signs actually one of the lesser is it's this kind of pisses me off about the way people carry themselves today it's not discussed much but things have never been better across the board um it's just rare to be in a time in history

and if you uh a history nut like tim or i you know this where everything is trending in the right direction where everyone is sharing in so much prosperity i mean you know to borrow a phrase from the good book if i might truly the world's cup runneth over with opportunity yeah yeah everyone's crushing it and everyone's very happy yeah i'm super happy at the moment and you know what the best news is what summer's gonna stay here all year long baby it's getting warmer there's finally i fixed the ac you're welcome number two uh your mouth is making a b bonjour to our friend bernard arno now this dark horse is not someone who's very across i would be tempted to say neither guy nor my radar no he's the chairman of uh louis vuitton moet hennessy the world's largest luxury

goods manufacturer and it is a man who is manufacturing dreams yeah do you know what i mean like there's no value to his products except the brand importance he imbues in them it's one of the most incredible things i've seen i've always in my life struggled to understand he is like zeus breathing life into clay it's a modern version of like the over value of like the concept of diamonds or gold it's like somewhere along the line someone said this is what this is worth or this is worth more than anything else and everyone bought it and said yep and now we still maintain that lie he's done this across alcohol and luxury items. Like, why is a Louis Vuitton bag worth $3,000? Because it shows everyone that you've got $3,000 to spend on a bag.

Why don't you just carry $3,000 in your hand? Oh, you got them there. Then you don't have a bag. Then you need a bag, don't you? You need a bag, and presumably what you can do with the bag is put money in it. But what you need to do is sort of signpost it. The thing is now as well, it's shocking to me that he still has money.

Because if I see a Louis Vuitton bag in the world, I'm going to assume it cost $6 at a market somewhere. Yeah. You know? And that has been true for the entire duration of my adult life that speaks more to the caliber of people your people watching that it does to the value of louis vuitton you could be right so you've got to start people watching in some more refined neighborhoods but for something that is so easy to counterfeit such as like a print that's on a bag it's not like louis vuitton bags i mean i'm sure there's a bit of you know craftsmanship that

goes into them but to the untrained eye you wouldn't really be able to explicitly see that it's worth that amount of money they don't sponsor the podcast but if you want a bag you can't look any further than crumpler a phenomenal australian bag what about uh flav flavin oh Oh, Fjallraven. Fjallraven. They seem like good guys. I really like that. I like their... That bag design came out of a response to... Wait, what country are they from?

It feels Swedish. I've been to a flagship store. It's got to be Scandinavian. And I went to a flagship store in Amsterdam. And it was one of my favorite store experiences. I love the brand i love their colors i love the design so that backpack that they made the famous yeah the one that everyone has i can't remember the model name but you've got one is it a kanken yeah that's it yeah yeah they noticed that all their school kids were getting back problems because the traditional style had a single um

shoulder strap and so these these champions were like we're gonna make a really cool school backpack yeah and they did and everyone bought them and now everyone in sweden who's a child has a good strong back that's right i got the strongest backs and they're in the news because apparently they don't feed their guests dinner. Anyway. Is that right? Yep. As of now. No, no, no, no, no, no. Hold on.

Really? Is that where all this discourse is coming from? Yeah. Swedish don't feed their guests? Apparently. That is fucking wild. They make such good meatballs. Give it up, guys.

But I went to, I went, I was in Sweden once. My, a very good old friend of mine he fell in love with a swede and they they lived there with their family and their life looks fantastic by the way um but they had a dinner party there they had guests we all ate yeah it was awesome that's called like what you're supposed to do anyway what I want you to know is this, that on May 29th, 2022, Bernard Arnault was nipping at the heels of Jeff Bezos. Really?

Yeah, he was on 133, Bezos on 139. In the three intervening days, Bezos is on 140, but Bernard Arnault has catapulted to 157.7 billion dollars on May 29th with his measly 133 billion dollars a website called nirametrics.com said that

his 133 billion dollar net worth is enough to purchase 71.9 million troy ounces of gold or 1.12 billion barrels of crude oil what a fascinating metric how much gold did you say 71.9 million troy ounces i don't know what that means um i want to know how much gold is in the world how much gold is in the world um i think i've told you my gold theory before right what is it well

you know how we like we we don't really necessarily know why we've always loved it so much that's right what if humans were seeded here by an alien species and we act as ants and our whole thing is to build these complicated cultures and industrial structures to extract gold from the ground, which is a kind of tricky enterprise, but we sort of format these whole societies around that and then put them all in a central place. I'm talking the Vatican. I'm talking the Federal Reserve.

I'm talking Fort Knox, so that the aliens can come back and just grab it like what bees do with honey and then blast the planet to smithereens the assumption is always that aliens are out to get us and that is probably built on the fact that historically humans who have arrived at a new place have been out to get whoever is in front of them. What if the aliens, as a more developed species, are literally here to check in? Fix the fucking thermostat I just spent, you know, 33 years turning up. They're like good landlords.

I guess. I dig it. I mean, it's as possible. Well, you say that, but we've got to base our assumptions on prior evidence. Now prior evidence is there. But that's of people. Yeah. I mean, it's just a less interesting movie.

They come here, they fix some stuff. Yeah, yeah, yeah, yeah. Yeah. Hey, that was, I think, the plot of Interstellar. But then it turns out the aliens were us. I actually, do you know, I loved watching it, but I cannot remember. I just remember he was looking at a wall and everything was in the wall.

You got it, baby. Yeah. Number one, King Kong of the billionaire rich list. Sir, Peter Jackson. Oh, true. true yeah he's been spitting a lot of gold while we've been spinning these yarns and that motherfucker is filthy rich before we announce number one and uh sorry i'm quickly diverting from your comedy answer can we talk about peter jackson for a moment if you'd like so peter jackson is essentially new zealand's um billionaire he's not worth a billion dollars, but it's all relative, isn't it?

And here's the crazy thing about Peter Jackson. He made a bunch of movies that made a bunch of money, and then he bought a mirror. Yeah. It's crazy. That's cool. That's New Zealand- level political power play. Yeah.

And the mayor is feckless, and I don't know if he's even running again. And oh my God, Peter Jackson is a billionaire. Did you know this? What number? 1.5. He's across the fucking line, dude. Yeah. And he's on the...

Oh, yeah, no. Maybe he's in the back seat of the bus but he's on the bus is that NZD though? it's USD brother oh I'm proud of him this is according to Forbes the best source there is

Forbes doesn't lie god well guess what that is so much you could subtract Peter Jackson's net worth from our number one candidate and our number one candidate

would still be number one by over and our number one candidate would still be number one by over $60 billion. Go on. Elon Musk, Twitter's worst user, is on $230.1 billion, and he will not stop posting reappropriated memes. Okay, now I guess we've got to talk about elon we do talk about elon yes yes yes we do talk about elon that one goes out to anyone else who's spent a lot of time in the company of incantor in the last six months elon musk is a man who made a bit of money

off something called PayPal and then sort of parlayed that into a career of reinventing himself with a combination of hair plugs and rewritten Wikipedia articles as a tech magnate. Here's the thing, folks. You think he created Tesla?

He fucking didn't. bought into tesla and then he bought the title of founder from the founders of tesla and created an entire mythos about himself and tricked us into pumping his stock up which has contributed to his net wealth and this is what makes him the most interesting individual on our whole billionaire list. Because unlike what's-his-face, who's got the Louis Vuitton. Bernard Arnault. There's nothing. There's so little there.

And Elon, I think, has put himself in a precarious position where he could fall so far down the list so quickly and it might actually happen as a result of his courtship with a company called Twitter. He is a fucking menace. On May 27th, he tweeted, Use of the word billionaire as a pejorative is morally wrong and dumb legendary someone's been listening yeah elon shut the fuck up yeah dog that's the trade-off if we're living in a society that accepts the fact that we're going to have billionaires just walking around with their billions of dollars you've got to accept the fact that we will construct a sort of pseudo

game show delivered through the mediums of either video if you're paying fucking fan or audio if you're a fan of ours it doesn't pay to pontificate on how we get you to a trillion dollars and then murder you. That's the trade-off, brother. Yeah. Them's the breaks. What more could you want? So don't tweet at us.

Don't subtweet us. At least fucking address us in the tweet. Tell us then. Don't subtweet us, man. We could use the promo, at Twio at pod. Tell us what you really think, you pathetic fuck.

You little bitch. Oh, he drives me drives me crazy yeah he's a crazy dude so here's the thing about elon um and i wish i'd done a bit more research which is to say any research before jumping on this uh billionaires update with you guy but i don't know this whole twitter thing that's going on where he said he was gonna buy them and got to the point of signing a legal contract that set out the exact arrangement and price that he would pay for each share of twitter um to all the people who currently hold it so it would take it to a private company rather than a publicly traded company um it seems like you know it it won't likely be his entire downfall as a billionaire but i think it's going to cost him a shit ton of money in a number of interesting

ways so a lot of people are kind of fed up with this bullshit and uh those people are the good shareholders of tesla corporation yeah or people who he's um exposed himself to and has forced to sign ndas yeah yeah yeah he's got a lot of enemies out i tell you what nothing says i haven't done anything wrong like preemptively tweeting a lot of people are going to come for me soon now that said and this is kind of the mysticism and i guess beauty if you're so inclined of Tesla Incorporated what do you think the share price did between yesterday and today of Tesla? Climbed. It went up. It went up by

not an insignificant amount, 7% What does it cost to buy one share of Tesla? $759.63 US cents if you're buying right now at this moment. 760 USD.

We could get one Amazon share or three Tesla shares. Do the math, fuckos. Get three Teslas. That's basic math. People are driving a lot of Teslas in Auckland, I've noticed. Yeah. Have you noticed that? Yeah, they're out there.

And I think they need to be aware of all the fire stuff. The fire stuff? Well, here's the thing about a Tesla, man. For some reason, it seems, according to the internet, not to me, if your Tesla catches fire, which sometimes happens with lithium-ion batteries, and they're very hard to put out and fire departments aren't really you know foretold that it's a fucking big old battery fire in there so they make it worse by throwing water on it which creates a chemical reaction

that makes the fire hotter but anyway when you fuck out in a tesla and they catch fire the doors lock you in rather than the default position being unlocked for your escape they close off i like and lock you in the burning vehicle that to me smells of market research elon is recording everything that happens inside of the car he locks you in he finds out how quickly are these people being hurt how much are they panicking what is the car doing what is the car saying that's crazy the guy is he prides himself on being an engineer he's like i'm not a ceo i'm an engineer dude there's totally a way to reverse the process so the default position of the locks when they don't get power is unlocked right no no because you have to undo a bunch of other good stuff that

they figured out like it's connected to all this other positive stuff they figured out doesn't seem true to me yeah it's true trust me anyway my point is you know grab a tesla at your fucking peril and my point not a lot of them are catching fire but do you want to be in one that does no but these are our these these are our people these are the people who we're discussing these are the people who you guys are thinking about these are the people who we are trying to make richer for it is a it's not just a pie in the sky sort of pipe dream it is a moral necessity that we get one of these people over the line and so it's good to check in it's good to see who's doing what how are they sitting how

are they playing with each other who's having fun i know a lot of people are going to be coming after rumble stiltskin but rest assured he's a wily little fuck and he's tough to find he lives in a fairy tale i don't know where the guy is god bless everybody we're gonna have another suite of episodes of calion air tv for you uh like you know after this a week from now um but for right now on behalf of guy montgomery this is tim bat saying god bless um bless up um blaze that shit all all the above you know 420 yeah look after yourself yeah Bless Up Blaze That Shit all the above you know 420

yeah look after yourself yeah and if you're listening Rumble love you brother Thank you.