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Jason Kempin/Getty Images
Elon Musk and Grimes at the 2018 Met Gala
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The
world is stumbling through a global pandemic with nation after nation
watching helplessly as their economies crumble, stock market values
tumble, businesses fail, great corporations are prostrated, and
pharmaceutical companies rush to develop a life-saving vaccine -- and
all the while their health-care systems are overwhelmed with mounting
cases of a coronavirus that has crushed the lives of millions of people.
Yet,
all is not lost. The world's wealthiest billionaires are in fine shape,
according to the Bloomberg Billionaires Index which ranks the world's
500 wealthiest people in order of the riches they have amassed. For the
past eight years those rankings have informed a curious world of the
wealth that some individuals have been able to accrue to themselves. And
this year, which has seen nations stumble to their financial knees, the
ultra-wealthy are doing just fine, thanks for asking.
Amazon's
Jeff Bezos is now acknowledged as the wealthiest man in the world. Bill
Gates has been dumped south, from the second richest man on Earth, to
third-place status. And Elon Musk, who in January ranked 35th in wealth
among the 500 billionaires the report names, added $100.3 billion to his
net worth in the year 2020, for a total of $127.9 billion, the year
that spelled disaster to Planet Earth. That princely sum added to his
net worth has brought him to the position of second wealthiest man on
this blue planet.
Microsoft Corp.'s Bill Gates's net worth of
$127.7 while powerfully rich, has been diminished from the heights it
might have reached had he not donated considerable portions of his vast
wealth to charity, in giving over $27 billion to the Bill Gates
Foundation, since 2006. He appears to have been more than willing to
surrender the top spot in soaring wealth in favour of funding research
in viruses to rescue humanity from dread diseases.
There are
notable differences between Gates and Musk, the former believing in
vaccine research and putting his money where his mouth is, as opposed to
the values of the latter who questions pandemic data, finding comfort
in certain conspiracy theories. And just as urban legend often speaks of
the peculiar social mores and twisted morals of the very rich, there
are examples that reveal the inner value core of such people.
The
COVID-19 pandemic has undeniably made for a poorer world for most of
Earth's inhabitants. Millions have lost employment, millions have become
ill and the lingering effects of the SARS-CoV-2 virus causing COVID
will bedevil some people all their lives, those spared the devastation
of more immediate life-taking complications. Governments have had to
borrow vast sums in funding to financially support their desperate
populations.
Widespread layoffs
disproportionately affecting the working class and the poor, poverty is
increasing exponentially. In marked contrast to the members of the
Bloomberg index having collectively profited by gaining 23 percent (roughly $1.3 trillion-worth)
since the beginning of the year when a mysterious pneumonia-like
illness began to emerge in Wuhan, China and all too soon spread
world-wide to wreak havoc everywhere.
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•X, the unknown variable
•Æ, my elven spelling of Ai (love &/or Artificial intelligence)
•A-12 = precursor to SR-17 (our favorite aircraft). No weapons, no defenses, just speed. Great in battle, but non-violent
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(A=Archangel, my favorite song)
( metal rat) |
The
world's second richest man's partner is a Canadian-born entertainer,
sufficiently successful in her career to have made a name for herself,
and the owner of her own recording company, Crystal Math Music Inc. Her
stage name is Grimes, her true name Claire Elise Boucher, born in
British Columbia and an alumni of McGill University. The staff she
employs at her recording company applied to a granting agency on her
behalf.
This is a woman, while a reportedly gifted
musician and entertainer, lives in California with her love partner,
Elon Musk, and their young son whom they named XAE A-XII. Factor, a
Canadian arts subsidy program partially funded by the Government of
Canada, awarded her a $90,000 grant. She evidently under the eligibility
criteria of the funding body seems fully qualified, irrespective of the
fact that she no longer lives in Canada, though listed as a Quebec
artist.
So a woman with a successful entertaining
career who owns her own recording company appealed to a partially
publicly-funded arts-grant group for a grant acknowledging her
contribution to Canadian entertainment. That she has access to
undreamed-of wealth, living with the world's second-most wealthy man
appears incidental; she has not hesitated to take the grant and he
appears uninvolved with the moral implications.
Among
which is the fact that entertainers of all kinds in the world of art
are struggling to assert their talents in circumstances where public
venues revolving around art and entertainment are now closed off to
them, and while continuing to polish their talents in hopes of better
days to come, seek gainful employment in the ill-paid services
industries in hopes of earning a living to get by current difficulties.
F.Scott Fitzgerald was right when he penned that throw-away line that "the rich are not like you and me".
Labels: Bill Gates, Elon Musk, Ethics, Grimes, Grimy Ethics, Mores, Values, Wealth