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Rice video shows Mark Mateschitz’s assets and goes viral

Imagine working all your life for a few grains of rice – while others inherit billions without having to make a contribution. Sound crazy? We showed in a video the extent of Mark Mateschitz’s assets – and a single dividend – and how little, in comparison, most people have, even if they work full-time for their entire lives (!). The video went viral. Because some people have asked about the rice grain calculation, we are providing the data again here.

We assume a single grain of rice represents 50,600 euros gross. That’s that Median, median income

The median income is exactly the income level at which half of the population is paid below and the other half is paid above. For example, if you sort a group of 11 people by income, there will be exactly one person in the middle. In this case, your income is the median income. 5 incomes are higher, 5 lower. In contrast, average income is actually nothing but the mathematically calculated average of incomes. So all incomes are added together and divided by the number of incomes. This average income is usually higher than the median income because the differences between the highest incomes and the middle incomes are significantly higher than the differences between the middle and lower incomes. Two examples 11 people 1 with

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“>Median income of a person in Austria: Work full-time for one year.

How does it feel to win the lottery? Very few people know this, but we assume it feels really, really good. Liberating. Relieving. Because financial worries are eliminated. One million euros – how much is that? In rice grains that would be 20 pieces.

That’s pretty close to what we can achieve if we work all our lives (!). Let’s say a chef works full time her entire life. That’s 26 grains of rice – or the equivalent of 1.3 million euros. But taxes etc. also come away. You see: you don’t become wealthy by working lifelong.

26 grains of rice, so that’s a realistic amount that you can imagine for yourself.

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@contrast.at Some #work for a couple #reiskörner for a lifetime – others inherit billions tax-free. #ricevideo #become rich #mateschitz #Austria #rich and beautiful #fyp #wealthbuilding ♬ Original sound – contrast

Then there are headlines like this one in Austria:

Screenshot Upper Austrian news

The Oberösterreichische Nachrichten is the most read newspaper in the state. Almost one in three (27.1% reach or 239,000 readers) consumes the OÖN. The political orientation is bourgeois-conservative, the newspaper is owned by the Wimmer-Druck family Cuturi.

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“>Upper Austrian News

There’s nothing inherently objectionable about that. Anyone who owns a lot of shares in a company or group can look forward to profit distributions every year. Mark Mateschitz pays for the dividend Red Bull-Heir and son of Dietrich Mateschitz, also capital gains tax (KESt). At the same time, it’s hard to imagine such a sum. So back to the rice.

The total corresponds to a half-filled bowl of rice, specifically: 287 grams of rice – or calculated differently: 11,501 grains of rice.

We remember: for a lifetime of work there are 26 grains of rice. On the other hand, you don’t have to do anything to receive the dividend – except wait.

The sum doesn’t blow your mind? Maybe Mr. Mateschitz himself doesn’t realize how much money that is compared to the assets he owns. He owns almost half of the shares Red Bull inherited, which have a total value of around 32.5 billion euros. Another unbelievable sum! By the way, that would be 650,000 grains of rice. Or: 16.25 kilograms of rice. A sum for which he did not have to pay inheritance tax because it does not exist in Austria.

So now you know.

By the way: Yes, we used food for data visualization in the video. We would like to point out that of the 17 packs of rice, only 5 were opened (and the rice will be reused) – and the unopened rice packs were donated.

Austria tops when it comes to inequality: 335 rich people own a third (!) of all financial assets

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2023-11-21 16:31:04
#Rice #video #shows #Mark #Mateschitzs #assets #viral

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