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by raincole 494 days ago
No one gets extremely rich selling food, water and electricity because these fields attract government intervention all the time.

(Not saying it's a bad or good thing, nor saying AI is comparable)

1 comments

Food:

- Ray Kroc – Turned McDonald's into a global fast-food empire.

- Howard Schultz – Scaled Starbucks into an international giant.

- Michele Ferrero – Created Nutella, Kinder, and Ferrero Rocher, making his family billionaires.

Water:

- François-Henri Pinault – Controlled Evian via Danone.

- Antoine Riboud – Expanded Danone into a bottled water empire (Evian, Volvic).

- Peter Brabeck-Letmathe – Former Nestlé CEO; Nestlé owns Perrier, Pure Life, Poland Spring, etc.

Electricity:

- Warren Buffett – Berkshire Hathaway Energy owns multiple utilities.

- Li Ka-shing – Built major energy holdings through CK Infrastructure.

- David Tepper – Invested heavily in power utilities via Appaloosa Management.