Strange Headline on Bloomberg

Headline

You might think from that headline that someone took Jack Ma’s stuff and kicked him to the ground or something.

Alas, from the second paragraph:

The chairman of India’s refining-to-telecoms conglomerate, Ambani was estimated to be worth $44.3 billion on Friday…

Ma’s wealth stood at $44 billion…

It turns out, Ma wasn’t actually hurt in the ‘toppling’ and none of his stuff was taken. He’s doing just fine. Just another example of clickbait journalism.

It turns out the economy is not a zero sum game. Jack Ma and this other guy can both be doing well at the same time without taking away from each other.

And, by the way, the customers of their companies probably come out ahead, too.

Positive sum is good.

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