I Became The World’s Richest Man For 7 Minutes

Come at me Elon
/ max_fosh
/ max.fosh

[@slimxshady6111]

You started a company, became the richest man in the world, got accused of fraud, and dissolved everything to save yourself. Truly a financial inspiration

[@darkmandalorian8956]

Omg that is true!

[@Nhatanh0475]

When you speed run financial

[@riorio982]

I mean, he reimburse the shareholder! Soooo.....charitable financial win?

[@loganhall7273]

All in a days work 👍

[@Janoww]

One day there will be a movie with Leonardo di Caprio based on his story

[@smartereveryday]

For some reason, I am very proud of you.

[@awdaadwda3273]

Yo

[@justins8802]

This was fair a bit of legal, financial, and social engineering. Impressive, but no supersonic baseball cannon…

[@lontongtepungroti2777]

hey it's the science man, big fan

[@pauljones9150]

It's the real dude

[@josephcrain1432]

Brain candy live at the BJCC in Birmingham we met. Do you remember me?

[@inreallife530]

I love how on some files somewhere, a company just showed up called “Unlimited Money Limited,” became worth £500 billion, then got dissolved. That record will exist forever.

[@sifangwuhai]

69！please dont break it

[@sohan7506]

@@sifangwuhaigrow up

[@anthonylaw2109]

@@sifangwuhai it broke

[@_MECHA_]

Lol

[@baconhairbacana1964]

It broke​@@sifangwuhai

[@gijbuis]

Being accused of fraudulent activity doesn't mean that Max is actually guilty of any fraudulent activity. He has been totally transparent and there is no evidence of any fraud. That is in stark contrast to many business owners who commonly hide the sources of their purported income and/or their assets. So hats off to Max Fosh - the richest man in the world!

[@QuantumHistorian]

He wasn't even formally accused of it. He was just advised that he may, in the future, be accused of it by HMRC or some other state organisation.

[@Bahr-im7pn]

@@LightningW135 Well it's not like he was hiding any source of income. I doubt he would be punished legally if accusations went through; the courts would merely rule that Max Fosh is, for lack of a better term, rather silly.

[@jam8539]

@@LightningW135 it would only count as fraud if he was making a profit of it or causing someone else a loss. So as long as his investor(s) where aware of what he was doin as well as him not attempting to make money off of this it would be laughed at in court. Quite literally the defence could be "it was a prank" and the video being proof of that.

[@DevinSmith1486]

Donald trump?:

[@sam23696]

I mean keep in mind he only sent the paperwork to a valuation adviser, who obviously see what he has done. This is far less official then we give the video credit for. Still results in a great certificate but that's about it.

[@lordsmorgasbord2646]

Max was extremely good at being a billionaire as the first thing that happened after he got his money was being accused of a crime

[@slovakthrowback3738]

lmao

[@saokdjijhasd]

It's even funnier because the crime he was being accused of, he committed.

[@TaliyahP]

Comment of the year right here

[@nikkeisimmer8795]

He won’t be laughing for long once Her Majesty’s Revenue Service taxes him on that 580B. 🤣 …that he doesn’t have.

[@nathandouvier1976]

Omg bro this is dumbb (in a funny/good way) lol

[@HofTheStage]

You can totally feel his stress while being the richest man alive. He saw it wasn't worth it and shut the company down, respect.

[@ChriSaito]

Mo money mo problems.

[@dreamsider]

@@ChriSaito "Mo money,mo problems" -uncle stan

[@StubMyToe]

No he shut it down because it was fraud

[@samuell.6000]

His company was worth 50£ not 500 billion. This is utter bullshit

[@apollogeist8513]

@@samuell.6000 The company had 10 billion shares. One was bought at £50, thus valuing a share at £50. If there are 10 billion shares in the company, then the company is worth £500,000,000,000.

[@czajla]

this girl was second greatest shareholder of world's most valued company. That is something.

[@AxoIuth]

Not most valued, one of the most valued. But still he was richest

[@cropsey7412]

Protect Hope at all costs, this woman is too pure for this world.

[@Spiderrocker26]

I feel like this might have broken the record for losing the most amount of money in the shortest period of time

[@kestrel7493]

Im pretty sure there was a bank error that made someone a quadrillionare, so I don't think so but its up there for sure

[@Spiderrocker26]

@@kestrel7493 oh hahaha thats amazing

[@jamesm6830]

Anybody else find it weird how so few people on the internet can spell the word losing correctly?

[@Spiderrocker26]

@@jamesm6830 heh oops

[@swivvy3037]

@@jamesm6830 sadly yes and I'm one of them. I always have to spend at least 8 seconds thinking of the difference. Same with couch (sofa) and coach... Probably explains why I just about scraped a C in GCSE English 😬

[@Will_Forge]

This man pulled himself up by his bootstraps with nothing but Hope and dedication. What a wonderful story.

[@maloxi1472]

Hahaha !

[@AManOnline.]

Solid pun mate 👍

[@sgtfireball6471]

@Ethan Valadez yea, but who remembers the second man to do anything?

[@naasirbakari7247]

@Ethan Valadez his name was ethan or something, I forget

[@mother722]

I didn't see dedication in the video

[@mrankitanks]

For giggles, Hope could have asked for $500 to agree and he would have to pay it xD

[@danesesse]

There are rules about majority owners, he would of set himself as a director and with all powers, that he could of worked around it. But probably didnt want to have people actually have to look inyo it lol

[@kingjasko]

Would he be worth 5 trillion then?

[@helloandgoodbye7286]

@@kingjasko he saying she could have asked for X amount of money to cancel the buisness because if not then he would have to hire a very good lawyer. but if she invested $500 in the share holders like how u misunderstood the comment then yes.

[@jameswood1935]

i would have at least asked for 60, then told my friends about my investing prowess as the total of my whole investment portfolio history was a 20% ROI on a 500 Billion dollar start up of which i was the only public share holder.

[@erikm8373]

What I've learned, is that if you simply also sold Hope a box of pasta and made revenue from that, this would've been an entirely airtight plan

[@basicburgers978]

Max here single handedly boosting UK's GDP by 500 Billion thus rescuing the economy, what a real patriot

[@jallenchen6071]

Also creating the world's fastest, somehow least devastating recession

[@andrewgarner2224]

Thanks heavens we are out of the EU they would have wanted a cut of that.

[@augustinemcdermott8955]

yes, um, but technically that 'value' isn't adding to gdp sorry sorry sorry i'm a struggling but proud ap macro student, couldn't help myself

[@Agent-ic1pe]

@@augustinemcdermott8955 I was just about to say this too lol, market cap isn't a consumable good. If only!

[@checkyourfax]

Pretty sure it would cause a recession, because the value is there, but the money isn't.

[@qwerty9170x]

Why didnt Hope ask for 51 pounds to dissolve? Could have made a 2% profit on her investment

[@danabc322]

I think £100 would’ve been fair, given the urgency of her decision!

[@hepcecob]

Yeah, that was her opportunity. Considering the urgency, could've asked for some ridiculous amount.

[@zoefschildpad]

@@danabc322 Or, considering who she was talking to at the time, 250 billion.

[@danabc322]

@@zoefschildpad imagine the capital gains tax on £250bn profit!

[@226nick2]

I mean, she had the power. She could have asked for more. If she didnt sell it he could have gotten accused of fraud

[@peterlewis2178]

Did anyone else notice that Max was visibly shaken and possibly even on the verge of tears after that fraud scare?

[@denisohbrien]

And for good reason, threats from every coverment agency or police can be reasoned or appealed, HMRC(tax collection) or SEPA (enviroment) your on your own buddy, you have to prove your innocence, and if you dont have the money to do so.....

[@bobosaurus331]

@@denisohbrienImagine he got fined £500bn...

[@richardmangelmann4975]

Jesus just imagine him being in a conversation and him being able to say that he was and has done literally everything. Been the richest man alive, been a royal......

[@hackman669]

Joker!😄

[@TommoOnYoutube]

"Hope was just around the corner." 🤣

[@nielsdenbesten1852]

No way I find Tommo F1 in Max Fosh' comment section hahahah

[@vojtechnovacek7776]

- Daniel Ricciardo, Monza 2021 probably Also hi Tommo, great vid from Valencia

[@vojtechnovacek7776]

@@nielsdenbesten1852 He needs a guide on how to break into an F1 factory

[@palmermonsen9098]

Ayo Tommo!

[@dixonsmith1580]

Tommo!!! Looking forward to getting the chat taken down for the alpine launch again this year.

[@thealmightyduck335]

dude literally got accused of fraud by a government agency just for a meme. you, sir, deserve a sub

[@TheRavenCoder]

Actually his company got accused of fraud. Since he dissolved the company and it was an Ltd (the European version of an LLC), he is legally protected against any legal actions against the company.

[@raver377]

@@TheRavenCoder actually his company wasnt ACCUSED of fraud, it was threatened to the possibility of beeing accused of fraud

[@skellious]

not a government agency. a private valuation company.

[@hisky.]

@@raver377 being*

[@colbeh]

@@hisky. BEEing**

[@sleepydragonzarinthal3533]

I hope you included the table, chairs, sign stamp and envelope in your expense report

[@Da__goat]

I like how even the British government just kind of politely goes, “Hey, by the way, this might not be the best financial decision and you should be careful.”

[@Galactipod]

It wasn't the government, though

[@9nikolai]

This guy is like a speedrunner using all kinds of glitches in a game to get the most difficult achievements with the least amount of work and I love it.

[@Wulk]

He knows the meta

[@sarowie]

The scary thing is that his exploit can be used by "real companies" that only differ in... paying for a P.O. box and putting more effort into booking revenue, loose and profits? Imagine how much bad things could happen if a banker would have a whole floor in an office building, but all the actual profit is made by shifting imaginary value of imaginary companies in the business of imaginary producing.

[@methyod]

@@sarowie yeah, haha, imagine... -.-

[@blankspace1416]

1k

[@YaGirlZero]

@@sarowie "capitalism breeds innovation"

[@iamsick5204]

I love how she has 0.00000001% of the shares and she still has a say in the company.

[@jaycie5021]

In this case yeah. He did technically commit security and exchange fraud, if she wanted to he could have been in deep s***.

[@iamsick5204]

@@jaycie5021 I don't think what he did was illegal but maybe if he tried to sell the company for billions. Also she knew exactly what he was doing

[@adrianforbes7863]

Your maths is correct

[@JRyan-lu5im]

​@@iamsick5204 By technically yes, but it would have amounted to little because frauding someone of pocket cash is hardly worth thier time when they're fighting actual big fish. You have assclown companies like Luckin that forged earning statements to justify its valuation at 12.7bil, and then it evaporated overnight when they got torpedoed for fraud.

[@niles5330]

@@adrianforbes7863 math*

[@OneAndOnlySultan]

You just made some records: - The fastest growing business - World richest men - You lost the most money in shortest time possible

[@trainlad4524]

I have to say, having discovered this channel through the ’Welcome to Luton’ sign at Gatwick Airport, I have never laughed out loud so many times. Max, you are an absolute genius

[@infernox1099]

So when is max going to announce that he's a king somewhere for 4 minutes and 39 seconds?

[@mdukasa]

Now that I think about it...

[@DepressedViking111]

Well actually... Lichtenstein might have the answer. This a text from "the guardian": The principality of Liechtenstein has decided to make itself available to private clients, from $70,000 (£43,000) a night, complete with customised street signs and temporary currency. Aka, you are the owner /(mabye king?) of the country for 24 hours. Good luck getting a sponsor for that :)

[@ave789]

there's a piece of land in between sudan and egypt that neither actually wants, so it's been a disputed territory for years maybe king max is a stretch but sultan max al-fosh could very much work lmao

[@MasterQuestMaster]

@@DepressedViking111 I heard about being able to rent out the country, but I think the offer was pulled back though?

[@thaib2724]

@MrShroud so technicly there is some Unclaimad territory somewhere on the east coast of africa it's all sand btw (im pretty much sure there is more in different places but i know that 1) and technicly u can just claim that territory and convince some larger or smaller countiries to recognize your country everything u need is flag some ppl athem and other countries recognize

[@crimson4066]

Kudos to Hope for investing in a small startup worth $500 billion pounds

[@archiegrishipol]

$500 billion pounds

[@paavansharma3338]

(dollar)500 billion pounds

[@spiceyicey]

£500 billion dollars

[@jakimoretti7771]

€500 billion franks

[@inugami-d5355]

5 trillion billion Iranian rial

[@gaius_enceladus]

Good effort though! You didn't just sit on your backside - you had an idea and "got out there" and had a go! That deserves some credit!

[@DaNayWhatley]

Hit me up ☝️☝️

[@taytoflame2314]

I will send you a telegram in four business days Mr Reiso

[@adamhayes4691]

The fact that Max had to get his suit out of his washing basket implies that he wore it recently which is a delightful concept, and brilliantly Fosh.

[@Hirz26]

She may not had gained profit, but she had gained our respect

[@HashBrownDoyler]

how

[@valkyrie941]

she?

[@Hirz26]

@@valkyrie941 hope, the investor

[@savagetothebones1642]

@@valkyrie941 her?

[@RudyTheNinja]

@@savagetothebones1642 You dare assume *her* gender?! As stated by the unspoken (or known) rules of society You are to b canceled and sent _TO THE RANCH_ Under the charges of misogyny! xD ... I'll see you there ;v;;

[@Wavesea]

Max is such a professional, using the clock on his oven to time how long the company was active for!

[@MaxFosh]

It hasn’t missed a minute in 4 years

[@sinofa8384]

@@MaxFosh no way. 😂

[@Hyoiza]

@@MaxFosh we need to celebrate it's 5th birthday

[@kalvinr12]

@@MaxFosh Incredible idea Max, you’re a genius. Can’t wait to see jaackmaate’s video next week!

[@DecoySanchez]

The most untrustworthy clock in the world, right behind the inbuilt microwave clock.

[@marcphilippegarnaud]

Nicely done. Fun and instructive. I got the feeling though there are quite a lot of fellows around who didn’t close their company upon receiving the valuation report 😀

[@enigma9789]

This is how stupid the stock market is.

[@millenialmusings8451]

Exactly. It's a Giant Ponzi.

[@buckethead60]

Imagine getting on the phone with Hope and she just said "no" I Became The World's Richest Criminal

[@dibot4133]

EPIC PLOT TWIST

[@hughcaldwell1034]

God, she had so much damn leverage in that moment...

[@faffolite]

Wow that privilage

[@polo619652]

I hope Max gave her more than her initial investment for being a good sport, because she literally could have gouged him for 10 grand if she found out who he was so he wouldn't go to jail.

[@CHRIST0NEDAWG]

but technically she only owns 1 share out of 9.99 billion shares. and since max owns all the other shares he has priority say over the company and her opinion/vote wouldnt matter.

[@ratherryan]

Amazing. Basically gained and lost the entire GDP of Poland in about 7 minutes. Props.

[@Nellerkillerstrains]

💪💪🇵🇱🇵🇱💪💪

[@kaitthenoscoper]

@@Mr__Singularity dollars or pounds?

[@willguggn2]

@@Mr__Singularity Poland's GDP is around 450B. You're way off.

[@pohorex6834]

@@willguggn2 except, he isn’t wrong. It is more than the GDP of Poland that he gained and lost, meaning that he had gained and lost at least the GDP of Poland

[@willguggn2]

@@pohorex6834 The comment by @QuantumSingularity I reacted to has been deleted.

[@Schm1dtstorm]

Hope seems like a very fun person. I hope you two became friends after that stressful business ordeal you survived together.

[@jdwylde7]

CEO speedrun champ. Started a company, Took someone’s money. Committed a crime, got found out, paid back the damages and put your employees (yourself) out of work by shutting down the company.

[@jackpendletonfilms]

The fact that you're worth so much money and still humbly make KZbin videos... Thank you for never forgetting where you came from, Mr. Sir Duke Fosh IV!

[@ricardo1300]

Now he only needs a doctorate in something, than he can be called Mr. Doctor Sir Duke Fosh

[@francisbtube]

@@ricardo1300 more Like “His Grace, Duke Fish M.D.” lol

[@amarnathk9398]

@@francisbtube "Duke Fish"

[@polski_dezerter]

@@ricardo1300 a doctorate in drinking tea perhaps?

[@areshaistg]

@@amarnathk9398 "Duke fishron"

[@TheRoark]

Hope is great for blindly trusting you, you should at least take her out on a share holders dinner lol

[@benjimiller8930]

Honestly, I wonder if that's what she was Hoping for in terms of ROI. That would be a great "how we met" story, certainly.

[@TheRoark]

@@benjimiller8930 me too! Hopefully since he liked the comment he picked up on it too ☺️

[@benjimiller8930]

@@TheRoark We can only Hope ;)

[@TheRoark]

@@benjimiller8930 Eyyyyyyyy

[@rayw4589]

Hope should have held out for £1000. Max was panicking and would have paid it.

[@charlesfrancois2974]

To whoever reading this, never stop chasing your dreams you can do it. Keep pressing and thriving you will make it! Consistency is the key to achieve your goals.

[@kattyjames190]

Bitcoin trading is just like any other business but in this case more sophisticated and advanced.

[@suzannecraig6824]

A career in Bitcoin offers you the opportunity to earn a lot of money if you have the patience to learn the process and strategies involved or better still get yourself a professional broker.

[@titilayoamidat8901]

Investing in Bitcoin may seem scary but know that it takes time and effort today understand how bitcoin works. If you understand the potential impact of bitcoin it won't be hard to understand why investing in Bitcoin may be a good idea

[@salamatumsallah1520]

Earning 500k per year on salary job is just $50 per day trading Bitcoin.

[@patrickwalter5742]

Bitcoin is a global safe heaven for investors.

[@Gulongers]

imagine the only reason he had to take down Unlimited Money Limited was because he didnt manufacture pasta

[@hucklebucklin]

In the law world we call that "acting ultra vires"

[@MrTehnoobshowfan]

Imagine if she just said “no, you cant dissolve the company.” Then he wouldve had to make noodles for the rest of his life

[@barackobama1187]

lmfao

[@zGAMERz111]

😂😂🤣

[@9999ping]

Realistically even if she said no not sure how much weight having 0.00000001% of the company would mean in terms of directing the company. Of course she could take out a 250 billion dollar loan making the case for acquiring a 500 billion dollar company which would be a very illegal but funny twist.

[@iDraKzy]

@@9999ping It could have been argued that since the company didn't have any revenue she was actually the only legitimate share holder don't quote me on that though

[@MrTehnoobshowfan]

@@iDraKzy “It could have been argued that since the company didn’t have any revenue she was actually the only legitimate share holder.” - iDraKz

[@Weisz]

So when can we expect the release of “Unlimited Money (TM) Pasta”?

[@allanjohnkemp]

Aye is Louis

[@arieleliasov]

New Merch

[@duxst3877]

What do you mean louis? It's already out. I LOVVVEEE the pasta. Also the fact i have unlimited but limited money!

[@lombridious]

louis big fan mate

[@RockiesSweden]

Omg it's Louis Weisz, AKA Walmart Mark Rober

[@TSGbedwars]

0:01 lol

[@euanstokes2828]

This man is treating life like an all-achievements run of a video game.

[@liammacaodha4783]

Notice how his entire time as the richest man in the world was nothing but unhappiness and worry for him.

[@MaybeSplash]

very true

[@ayy_itsyaboita8638]

very different scenario but i guess 🥴

[@florpiehole]

u obviously never been rich

[@kunchenliang8772]

I'm 14 and this is deep

[@monsterizational]

@@kunchenliang8772 you got the whole squad laughing 😐

[@azda9]

If he just sold the share for $100 instead of $50 he could've been the worlds first trillionaire!

[@Twiska]

It was £50, not 50$. So Unlimited Money Lt. was worth 660.74 billion dollars. So if he just bumped the share cost up to £75.67, he would have had a trillion-dollar company.

[@instantpyroakw]

he could probably also have entered 99.999.999.999 Shares instead of 10.000.000.000. Then he would only have to sell them for 10$, well 10.0001$

[@claudiusflavius2493]

@@instantpyroakw 10$ would be enough since he would still own the 10 dollars made from selling the share

[@mrandersen6872]

@@Twiska actually there have been multiple companies I believe with a market cap of over $1 trillion. At least Apple I know. However shares aren't all owned by 1 person so no one became a trillionaire.

[@willguggn2]

@@mrandersen6872 Max owned 99.9999999% of the shares, though.

[@edwald4056]

🤣🤣Being rich is too stressful. Thanks for the lesson. Subscribed.

[@TheRiftGuy]

So basically, since you had 500 billion pounds, you were the richest man on earth, and you owned Unlimited Money Limited, you were being accused of fraud. And your fate was in the hands of a woman named Hope that you found on the street. I'm proud.

[@nickahorn]

Anyone else wishing Hope didn't agree to the dissolution of the company? Instead she had some lofty demands like a PowerPoint presentation on the future of the company and an unnecessary Zoom call.

[@calebu2]

She should have demanded that Max transfer control of the company to her in exchange for all but one of the shares making her the richest person for 30 seconds before shutting down the company.

[@GooseTronics]

"oh Hope, that's my surname, my first name is NO!"

[@shambhav9534]

Actually though, Max would first, have to be accused of fraud and there was nobody to do that, so...

[@Natalie_Val]

Can we just appreciate this man's dedication, he made a company and became a multi-billionaire

[@MaxFosh]

And it took me a week… not many people would put in that kind of dedication

[@John-se6it]

@@MaxFosh not many people would put in a day

[@Uzzyxd]

yes

[@el2041]

@@John-se6it not many people would

[@nihal74321]

@@el2041 not many people

[@Nathan-en9dn]

I just love how he was breaking out because of how nervous he was about reading the envelope. I'm just quite a few of us would turn red seeing 500bn, than seeing you being accused of fraud.

[@kingzecromatic]

The fact that you didnt try and sell it for 100$ to become the first ever trillionaire is slightly disappointing.

[@deepdesigners]

He could've named the company "Money Un". So when you say it, you say "Money Un Limited"

[@AngelsAndButterflies]

Genius

[@vishthemarketer6691]

Exactly what i thought

[@gn6691]

Big brain time.

[@Winner77_77]

Big brain

[@zern7617]

Or, "My Money's Not" which would go to "My Money's Not Limited"

[@treqrs]

This not only sounds slightly illegal but also very entertaining

[@haarigerberggorilla]

@Yeno Apdi speaking of sounding slightly illegal

[@rayyankapdi9638]

@@haarigerberggorilla lmao

[@amenmolla7203]

And that grey space is where Max thrives.

[@MasterQuestMaster]

Literally what Max is all about

[@Scroolewse]

@@haarigerberggorilla click the little three dots to the right of the comment and select "report" they get away with posting these comments because no one thinks to ever report them.

[@alexstephanie8051]

Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life

[@Charles-ew3km]

@Jamie Janny Exactly ! That's my major concern and what kind of profitable business or investment can someone do with the current rise in economic downturn

[@steveashley8260]

@Jamie Janny Yeah you're right, that's why I had to start Forex trading two months ago and now i'm making benefits from it now.

[@hassangary8961]

@Scott Nicole O ' Yes I'm a living testimony of her good work expert Benson Sandra

[@hassangary8961]

Mrs Benson Sandra has changed my financial

[@hassangary8961]

status for the best ,all thanks to my aunt

[@claresmithy4667]

Every family has that one person who will break the family financial struggle, I hope you become the one

[@alicemark5918]

Last year, I was working full time, budgeting groceries, unable to afford date nights, and missing time with my kids. Now I learned how to make money online. Now am a SAHM, homeschooling, and making profits every week.

[@thomasdooley3702]

This video got me hooked, and now I’m determined to become a billionaire in just two years! 💪💰

[@michaelandrenio993]

No specific one really, because there are lots of investment plans and strategies littered all over the internet today, for instance, investments like real estates,gold, drop shipping crypto currency and lots more

[@madiezancanellatl9205]

I've heard alot about crypto currency investments and how effective it can grow your income! Any recommendations on a guide?

[@mirabellelia9996]

Catherine S. Woods is an amazing tutor for crypto. Highly recommended! She’s been my Tutor and Mentor for past solid 8years!

[@func_e]

I feel like you definitely were the rightest person in the world, but also the record holder for the man who lost the most money in the shortest amount of time. I love this stuff lol

[@audr1enlive]

thats two records then. most money made in 7 minutes and most money lost. pretty impressive.

[@func_e]

@@audr1enlive yaknow, you yourself just broke a record too. the most records pointed out on this comment

[@JazzD_335]

@@func_e people break world records everyday without realising it, I just broke one then by being the first person to comment this.

[@ditodevice1950]

So... he broke the rich record, and also he broke the broke record.

[@func_e]

@@ditodevice1950 👏(■_■⌐) couldn't have said it better myself

[@Devinwastaken1]

He needs to give Hope $1000 because of how much faith she put into him

[@JesseRay89]

Haha so to get out of the fraud scenario inadvertantly raise the stock price by a further factor of 20

[@xpusostomos]

Not to mention how much charity.

[@james64ibm]

As a bonus, this would also drive up the value of his company to 10 trillion pounds. You have to throw money out the window to make it come back through the door.

[@Tyrantstorm]

@@xpusostomos three is the magic number

[@mstrdigi]

And go on a date with Hope. She has a genuine smile and might fancy you, looks like a keeper :)

[@delonk]

That took me… (looks at oven)… 7 minutes 🤣

[@Microtonal_Cats]

5:36 "Pleasure doing business to you."

[@Volvith]

From "I am the richest man on earth, technically" to "oh fuck i'm going to be arrested for 500 billion pounds worth of fraud" in approximately 2 minutes. Congratulations, _you're now officially a billionaire lmfao._

[@diotough]

Nah, get credit, leverage it with more fraudulent companies, get more credit for all of them, leverage again, get even more credit, bail, buy an island and a private army and let them try to get you for fraud :D

[@glavdotmov]

If 500 billion gpd to nzd is 960,662,500,000.00 nzd, if he had roughly sold that share for 75 pounds, i believe he'd be the worlds first trillionaire (in nzd ofc)

[@imcommunist]

'dad what did you use to do' 'i became the worlds richest man for 7 min' 'wait what'

[@CelenaGomeez]

Imagine being able to legitimately say that you were the richest person in the world for 7 minutes like that’s crazy

[@tzeimet]

This guy is going to have so many stories to tell when he's old. He's already been a member of the royal family and richest man in the world. What a legend.

[@DChappelle27]

If he would have been able to sell the remaining 9.99 billion shares at 50 quid, he would have made 500 billion pounds. Having 9.99 billion shares with literally zero value did not make him the richest man in the world unfortunately.

[@TroublesomeOwl]

@@DChappelle27 So elon musk isn't rich because most of his money is in shares that he hasn't sold? Max's shares didn't have no value. they were valued at $50 each. hence why it was valued at $500b. As he owned all but one of the 10b shares, that was his on paper value at the time. But i'm sure you understand this and just want to try and be a negative nancy and proudly wear your smug hat to show how smart you are.

[@mayukhdatta4017]

@@DChappelle27 you sir, have missed the joke

[@mangokraken]

He was also a fashion icon at London Fashion Week

[@circuit10]

@@DChappelle27 Obviously he's not in practice but it's funny that by some (flawed) measurement he could be considered the richest

[@hexagonal69]

Max broke Elon’s streak of being the richest person in the world for a KZbin video. Now that’s an alpha move.

[@Markmc9.]

Gigachad moment

[@SirRiceBurger]

He wasn't the richest man in the world. None of these guys in the comments knows how networth works. Did you know that Tesla's market cap is $420 billion? Search it up. If that was how net worth worked, Elon musk would be much richer than this guy. All you guys are absolute idiots who have never opened up a book about stocks.

[@Markmc9.]

@@SirRiceBurger that a bit harsh

[@hexagonal69]

@@SirRiceBurger Literally comes in here insulting people just because they’re not a stock broker? Well I’m sorry not everyone is a high class stock broker like you Mr Fancy Pants. Or should I call you Mr High-and-Mighty? You realize not all people are as fortunate as you, and some might have quite a bit more trouble in life than figuring out which stock they wanna buy next, right? Maybe it’s time for a reality check.

[@SirRiceBurger]

@@hexagonal69 I’m not even a stock broker. I’m literally under 18. It just makes me mad that all these people are coming making uneducated comments on a click bait video. Why would you make comments if you don’t even know the context in which they’re placed? How are you going to survive in the adult world without a basic understanding of net worth and the stock market?

[@Peace404]

You not only became the richest man in the world, you became the richest man in HISTORY

[@user-ef4lr7to5m]

”It’s risky” ”It’s risky” ”From your side of things but..” Cracked me

[@acidicpuddle2]

Hope should have asked for $100 to agree to the dissolving of the company...

[@sehabel]

Or for pasta produced by the company

[@hqanimetube4705]

She is also a shareholder so if there's any penalty for fraudulent activity she'll also get fined

[@iVironment]

@@hqanimetube4705 no. don't talk about something you have no idea about.

[@RyanHollinger]

Dude, your reaction at the end was utterly harrowing! I could feel your soul leave your body haha!

[@talkcrickethd6469]

No reply but 374 likes to you Miracle

[@hikingOpussomJ]

Lol

[@DrCranberry]

the government ain't nothing to fuck around with lmao. They can and WILL sue you, and your family into the ground without breaking a sweat, and you'd be 100% in the wrong with no way of fighting back with this too

[@aurelspecker6740]

So cute that you visibly panicked when they said "potential fraud". Mate, in your specific case, it's not a fraud. Because you never claimed it to be something different. Btw, it does happen with low traded penny stocks that they also jump insanely from time to time. If a guy for example accidentially buys a stock for 1€ instead of 1ct. This DOES happen, even in publicly traded stocks. But you can't really make money out of it, because noone is that stupid, twice.

[@scollinsonpolar]

4:53 Possibly the greatest moment in KZbin history

[@brahmbandyopadhyay]

That was supposed to be a pun. But a great pun indeed

[@prdprdprdprdprdel]

The more you learn.. I didn't know they can tell you you're the richest man on the planet and preemptively accuse you of fraud on the same piece of paper...

[@Maronicam]

I think that's not their first rodeo, they deal with criminal billionaires all the time

[@emir7233]

cringe anime girl

[@m4r1o148]

​@@emir7233 All I see is someone so insecure they use a black pfp because they're afraid to express themselves

[@foxy916]

​@@Maronicamthey don't seem to deal with billionaires at all lol

[@gilgabro420]

@@emir7233 ratio

[@annalaporta3597]

Max: Is the richest man in the world for 7 minutes Also Max: Apparently can only afford to have one pair suit trousers, takes them out of the laundry bin and writes “investment opportunities” on a piece of paper

[@sneezebazooka6068]

I mean technically, you can say that him doing that is being wise and spending his money in the places that would give the most returns back to him and trimming any "unneccessary" purchases. But you can also say that what I just stated earlier is just utter bollocks

[@vojtechnovacek7776]

I mean just look at what haircut Bill Gates had when he became rich

[@Dan-qg2ef]

Rich vs super rich

[@Nocturnal_Sakai]

Really shows how porr rich people really are

[@Polska_Edits]

Have you seen how Mark Zuckerberg dresses

[@PhoenixLive_YT]

You started a company, got accused of fraud, and dissolved it to save yourself, true one company of all times!

[@BigCoomer1928]

truely

[@gvz2899]

Hope is just around the corner. "Hi Hope".. Bloody good laugh!!

[@olajong2315]

Can we just admire the speed at which the government responded to opening the company, approving it, and then gathering information to say it’s cap 🧢? Truly amazing.

[@marycae]

I'm a bit jealous of the speed of their bureaucracy! Germany could never...

[@Ayan-od8hk]

I can't even talk about India

[@AliAhmed-xc7zf]

@@Ayan-od8hk Haha, us moment bro. Yaha ek file approve hone mein 6 months and additional bribe lagti lmao.

[@M.One.XJ6]

@@marycae unless its a speeding ticket, they take a photo of your face and front number plate xD

[@dragutintheslav-veliki790]

@@M.One.XJ6 true, my speeding ticket arrived before I even got pictured by the radar lol

[@cloud__zero]

If anything, this perfectly showcases just how meaningless market values truly are

[@ranidani3785]

Bro, htf am I supposed to trade shit without market values💀

[@yey8288]

@@flow_987 Really drawn out way of saying they’re pointless

[@milspectoothpick4119]

​@@flow_987 You're talking about like macro economics and money theory... no one else is. They are talking about how some math equation to get a market cap doesn't make a company have actual realized value to people/society.

[@g76agi]

congratulations you just discovered money and society!

[@Au16227]

Aren't market values normally backed by transaction history and revenue data?

[@micahwest3566]

I LOVE how they have to refer to the company as “UML” in the documentation!

[@Pheus11]

6:13 bro spinning his head like an owl

[@saigiritharrao8477]

*Makes Parents Sign a legal document stating he's the more successful child*

[@PhoenixCat]

These "richest people" statistic videos are gonna be funny to watch with Max popping up for like 2 frames

[@darkstarfirestudios4500]

Hah yes

[@rmy2202]

@Fila Rhasti hey fellow army, don't spam other KZbinrs comment section like this.. I know your intentions are good but it creates a bad reputation.. humble request..

[@ricardslisovskis2839]

@@rmy2202 Their intentions are to sell peoples emails to advertisers and lure them in using comment bots

[@user-mi1nw5wi1z]

@@rmy2202 Good intentions? They're promotion inappropriate sites that steal your info.

[@rmy2202]

@@user-mi1nw5wi1z hey guys, the translation I saw for fila's post was pretty lousy... Despite the fact, I just didn't like to see such spam messages and wanted to be polite while asking them to remove it

[@TheIdiotsAreTakingOver]

I just saw a clip of this on Tim the Tatman's channel... so unless it's already happened, you're about to get hella more views!!

[@StephJ0seph]

If he had sold it for $100 he would’ve technically been the world’s only living trillionaire

[@sipofsunkist9016]

i love how Hope was just as along for the ride as she could be. took that "we gotta shut it down" with a laugh and a smile

[@serdiefgotreb]

I think she was hoping for a ride, wink, wink

[@JuanRamirez-zk9lt]

@@serdiefgotreb no bitches huh

[@koraksengupta8689]

Just realized something, not only were you the richest man on earth, beating Elon for 7 minutes, you technically became the richest person in human history, becoming richer than Mansa Musa, who had a net worth of £327 billion (~$400 billion)

[@naverilllang]

The difference is that Mansa Munsa's wealth was mostly in the form of gold. He had all that value in a fungible form, which gave him an amount of purchasing power many times greater than anyone matching that wealth in stocks and assets.

[@somerandomdragon558]

Actually the richest person ever was Chris Reynolds after paypal accidently credited him $92,233,720,368,547,800.(yes, 92 quadrillion).

[@funnyman9616]

The Rockefellers had a net worth of 500 trillion

[@TragicGFuel]

@@somerandomdragon558 yeah but that money could never have been used, ever.

[@Merluch]

i'm fairly certain some kings were even richer. I know nicholas II of russia was worth 300B$

[@snowball5501]

4:49 *Bro that's a squid game character lol*

[@holahola-ym1xv]

Why cuz he indian(presumably)?

[@shardj5151]

6:41 kewpie, man knows his mayo

[@spatrk6634]

imagine she didnt want to dissolve the company. and you went for 40 years in prison for fraud and tax evasion for 500 billion pounds

[@AndreiDamian]

Name one person who went to prison for tax evasion for 100+ billion pounds...

[@karpfenboy]

@@AndreiDamian lmao

[@kirankannan8]

Technically you pay taxes on Net income, not valuation. So being charged for tax evasion doesn't seem likely XD

[@AndreiDamian]

@@kirankannan8 , I thought you'd pay taxes on gross income.

[@MeiinUK]

@@AndreiDamian : LOL..... Yes, you have a VERY good point !.... Why aren't they in jail ? Ahh... This Matrix... Just. Well. Why ???

[@RowdyBrian17]

Personally I would've gone with "Money Un" so the full name would be "Money Un, Limited"

[@jideidowu4267]

I like this one 😅

[@Alienguy500]

That's actually genius

[@Piemasteratron]

2:45 That shirt's creased. Did you crease these in a rainforest? (souper niche reference yolo)

[@btoulalmo41]

btw this makes u not only the richest in the world, also of ALL TIME , since the richest man to exist was mansa musa, and he was 100 BILLION POUNDS behind you in net worth. this is definitely a good party story lmao

[@jacobbabcock8943]

Fun fact: the company will not be legally and completely dissolutioned until October 5th of 2022 because there is a time period for owners of the company to liquidate assets until the government takes ownership of it all.

[@goldlink334]

That means he’s legally the richest man till then

[@suprememilklord7917]

Imagine if hope was like no we are staying in business.

[@-Big_Big]

55 quid and i will allow it

[@xpusostomos]

"We can trade our way out of this slump".

[@whatyousaidbud]

Next thing you know, Hope comes back with a mind blowing business plan and they both make an absolute fortune and are forever know as the macaroni millionaires!

[@satendersingh8875]

Lol my one like can change the like count to 1.4k

[@suprememilklord7917]

Wtf. Why do i have so many likes.

[@Panda-wi9vf]

speedrunning being the richest men alive and tragically losing everything... COMPLETED. CONCRATS ON UR SUCCESS

[@OfficialFinancialWise]

Dissolving the company was a good call 😂

[@deidara_8598]

This is an excellent example of a paper billionaire. You could argue that most of the richest people in the world are paper billionaires, and that "net worth" might not be the best method of evaluating somebody's wealth. The market cap of a company is entirely theoretical, the real value of the company is almost always much lower, because the more stocks you sell usually the less valuable the stock gets.

[@abandonedaccount123]

whatever that means, i agree

[@lufax]

YES. A concept that doesn't seem to be widespread knowledge

[@exedeath]

"You could argue that most of the richest people in the world are paper billionaires, " There is no arguing, thats true.

[@olpporsetty]

Market cap is stock price * number of shares outstanding. If you double the number of shares outstanding, the stock price gets cut in half. The market cap is unchanged. It doesn't matter how many times you slice a pie, the total pie remains the same.

[@lufax]

@@olpporsetty, I can't be sure who you're answering. You are 'conceptually correct'. What's being discussed is that if a great amount of shares get sold at once, price will not hold and will plummet, bringing down market cap

[@ewanguitar3666]

Max already sounds like the richest man in the world so I would argue this video was unneeded

[@Josuh]

facts

[@9nikolai]

But we all know the richest men in the world have practically no charisma so that's completely untrue.

[@MeM_UK]

Hope is really lovely. She seems like one of those people that just makes the day better by being there.

[@akantorixful]

You couldve produced a maccharoni at home, sold it to a neighbour, then sold a share to a stranger. You now are valued at 500bil and you have revenue as a maccharoni producer.

[@CT-yr4xd]

if he wasnt accused of fraud, he could have toppled an entire countrys economy, if not multiple. props to max, he is now my most respected person.

[@gdkfonzo6656]

No he couldn’t

[@intention4726]

@@gdkfonzo6656 chillax it was a joke.

[@itsDhiran]

Actually that's how a bubble work, the share increases in value more than it's actuall worth, and if you managed to pull off it in a bigger scale you have a financial scam, and you would get a good amount of prison time.

[@Rafael-pi4md]

I dont get it because if he opened a lemonade stand then his company would have revenue acitivty then he would be qualified to enter Forbes' list as the richest man in the world? I'm missing something it cant be like that

[@thugpug4392]

@@Rafael-pi4md i think revenue has to be close to the valuation so the lemonade stand making $100 doesn't mean the $500,000,000,000 valuation is accurate and it is therefore fraudulent.