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Old 05-31-2018, 05:07 PM
 
10,160 posts, read 10,482,230 times
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Jeff Bezos was $112.0 billion on the Forbes list for 2017 and was only worth $12.3 billion in 2010. Blue Origin, LLC was founded in 2000 by Jeff Bezos, and I believe he converts $1 billion a year from Amazon stock into funding for Blue Origin. In 2000 Forbes estimated his net worth at $6.1 billion.

Jeff Bezos, REAL TIME NET WORTH — as of 5/31/18 is $134.5 Billion which means it is probably bouncing up an average of a billion dollars a week.

That is a staggering lead over #2, Bill Gates with a net worth on 5/31/18 of $92.4 Billion.

Is it possible Bezos could increase his funding of Blue origin tenfold and try and see us having tourists orbiting the moon within a decade? Elon Musk has said that orbiting the moon is exponentially easier than landing on it, and talking of sending two tourist for the 50th anniversary of the first orbit of the moon (which I doubt that he will accomplish).

Apollo 8, the second manned spaceflight mission in the United States Apollo space program, was launched on December 21, 1968, and became the first manned spacecraft to leave Earth orbit, reach the Earth's Moon, orbit it and return safely to Earth. Mission duration: 6 days, 3 hours, 42 seconds. So we are approaching the 50th anniversary.

Last edited by PacoMartin; 05-31-2018 at 06:03 PM..
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Old 05-31-2018, 06:40 PM
 
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If money were the sole limiting factor then more would make things happen more quickly.
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Old 05-31-2018, 06:55 PM
 
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Folks like Bezzo are diversifying their portfolios. Some buy sports teams while some are playing with rocket science. Taking their stock windfall out of the market and putting it somewhere else is always good practice. Should the market crash, they will have long cashed out as much as allowed and won't need to count on their 401K like the masses.

As for the rocket ventures, sure at least one will succeed.

Last edited by davidt1; 05-31-2018 at 07:10 PM..
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Old 06-02-2018, 12:02 PM
 
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We need to move beyond 'brute force' methods of propulsion, its 2018 now.

If they would just release the classified tech they suppress, we could have all sorts of great new inventions!!
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Old 06-02-2018, 12:58 PM
 
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Quote:
Originally Posted by davidt1 View Post
Folks like Bezzo are diversifying their portfolios. Some buy sports teams while some are playing with rocket science. Taking their stock windfall out of the market and putting it somewhere else is always good practice. Should the market crash, they will have long cashed out as much as allowed and won't need to count on their 401K like the masses.
Bezos' original 9,885,000 shares in Amazon would be 118,620,000 shares today. Because he sold some for personal reasons and to fund Blue Origin he only has 78,893,280 shares today. That is a difference of -39,726,720 shares, or at $1641.54 per share that is $65 billion.

So it is a mistake to call what Bezos doing as diversifying. It's a massive expenditure on his part to pursue a dream.
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Old 06-05-2018, 09:13 PM
 
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Considering he's the guy who saved The Expanse from cancellation, there's a good chance he's fully committed to space exploration. If Blue Origin can compete with Space X, then there's a good chance that space exploration will finally get the kick it deserves. Maybe government organizations will start investing more into it as well. Healthy competition is what will drive this niche market forward.
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Old 06-06-2018, 04:04 PM
 
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Originally Posted by Milky Way Resident View Post
Considering he's the guy who saved The Expanse from cancellation, there's a good chance he's fully committed to space exploration.
I guess it helps a lot to have Jeff Bezos as a fan of your tv show.
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Old 06-07-2018, 05:30 PM
 
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I heard somewhere (maybe it was Degrasse Tyson? - I don’t remember) that the person who figures out how to cost-effectively mine asteroids will probably be the world’s first trillionare. That might be a little on-the-cuff of a statement but the point is that there is a turmendous amount of money to be made in space. We just need to figure out the technology of it.
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Old 06-07-2018, 08:08 PM
 
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Originally Posted by PacoMartin View Post
I guess it helps a lot to have Jeff Bezos as a fan of your tv show.
If he can get the Expanse rolling, then he can commit to Blue Origin.

On a more serious note, the reason I even brought up the show in the first place is because it showcases a future Solar System not too different from what Bezos himself imagines.
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Old 06-08-2018, 07:30 AM
 
12,188 posts, read 3,216,621 times
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Quote:
Originally Posted by Adric View Post
I heard somewhere (maybe it was Degrasse Tyson? - I don’t remember) that the person who figures out how to cost-effectively mine asteroids will probably be the world’s first trillionare. That might be a little on-the-cuff of a statement but the point is that there is a turmendous amount of money to be made in space. We just need to figure out the technology of it.
It already exists, there is a reason why they keep this kind of tech from the public though, that should be pretty obvious.

Ever heard of the Invention Secrecy Act of 1951? I was pretty surprised to read about this and why it is used and why its still in force today.
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