I don’t think it’ll ever happen, but I would LOVE to see Musk detained and fined.
You can't fine him an amount he'd care about. Beyond a certain amount of wealth, fines are no longer a punishment or a disincentive.
In many cases, I would agree, but the article says
If Twitter does not respond, it faces fines of $687,000 a day.
We’re not talking about a single payment for a fixed amount. I think he’d actually care about this. It would add up fast if he tried to ignore it.
Google tells me his net worth is $234.4 billion. That's enough money for 341,193 days of fines, or just over 900 years. So no, he probably won't care
Even if the fine were to reach half of what he spent on Twitter, he would have to pay them $687,000/day for longer than the average life expectancy in the healthiest country on earth (87 years). A billion is such an absurd number.
Yeah, and he'll never be able to go down under again. I'm not sure what he thinks of Australia, or if he's ever been here. But that's one less potential holiday destination for him in the event twitter gets convicted.
In some places, fines are based on income or wealth. Like speeding tickets in Finland. So hopefully it'll happen and he will feel it.
Great to see!
Thanks for posting a non-paywall version.
Wtf, Twitter's standard automated reply to press queries is a poo emoji now?
I don’t think it’ll ever happen, but I would LOVE to see Musk detained and fined.
You can't fine him an amount he'd care about. Beyond a certain amount of wealth, fines are no longer a punishment or a disincentive.
In many cases, I would agree, but the article says
We’re not talking about a single payment for a fixed amount. I think he’d actually care about this. It would add up fast if he tried to ignore it.
Google tells me his net worth is $234.4 billion. That's enough money for 341,193 days of fines, or just over 900 years. So no, he probably won't care
Even if the fine were to reach half of what he spent on Twitter, he would have to pay them $687,000/day for longer than the average life expectancy in the healthiest country on earth (87 years). A billion is such an absurd number.
Yeah, and he'll never be able to go down under again. I'm not sure what he thinks of Australia, or if he's ever been here. But that's one less potential holiday destination for him in the event twitter gets convicted.
In some places, fines are based on income or wealth. Like speeding tickets in Finland. So hopefully it'll happen and he will feel it.
Great to see!