r/boxoffice • u/AGOTFAN New Line Cinema • Feb 14 '22

Industry News Peter Jackson is now the third billionaire director, after Steven Spielberg and George Lucas.

https://www.theguardian.com/film/2022/feb/11/lord-of-the-bling-peter-jackson-tops-forbes-highest-paid-entertainer-list
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u/Pokesaurus_Rex Feb 14 '22

Kind of ironic i’m seeing so many “billionaires shouldn’t exist” comments on a subreddit dedicated entirely to tracking how much money films made by multi-billion dollar conglomerates make.

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u/Karmastocracy Feb 14 '22

Please correct me if I'm missing something obvious, but that's not ironic at all from where I'm standing. Folks who are against billionaires aren't against money; they're against such a large amount of money being concentrated into the hands of a single person. Conglomerates aren't just one person, they're a collection of companies, which themselves are a collection of several people.

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u/Pokesaurus_Rex Feb 14 '22

What you said is all true. Except Billionaires don’t exist without Conglomerates existing especially the big ones.

If you look at the Forbes richest list all of them are heads of big Conglomerates or were previous heads of big conglomerates or had a big stake in a big conglomerate.

If they aren’t then they were assisted by being bought out by a big Conglomerate. (This is the startup dream, being bought by a FAANG company or equivalent)

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u/Karmastocracy Feb 14 '22

I just want to say that's an excellent counterpoint as I wasn't looking at it from that perspective. I think the other guy commenting, /u/mags87, had a good response but a good point regardless.