Is there any character richer than Black Panther?

Is there any character richer than Black Panther?

That's a fucking dick move T'challa. That never ends well.

Well I know for sure T'Challa isn't.

Yeah, Odin and any Sky Father or superior god.

>nationalize
>foreign
that's stupid even for comics.

Comic Book writers don't know how the world works... or math.

>WP praises T'challa without knowing any economics at all

wew

How? He bought all foreign companies and put them under the control of Wakanda.

Well, it is the Post.

It doesn't actually say WP's opinion one way or the other. It just shows the WP thinks that is news.

In a nutshell.
>Country has resource
>Has no means of extracting resource
>Company with means of extracting resource is contracted to extract resource, builds infrastructure.
>Government decides to kick out company and take infrastructure.
As I type this it occurs to me that this is probably not what is meant in the op.

Did he "buy" or did he "take" the assets?

I would suspect buying foreign assets scares off much less investment than simply seizing them.

There are laws against that sort of thing. Diddly can't even hook up with Fax without the feds say so.

Freeza

Are you retarded? There's no praise anywhere on that image or any opinion for that matter.

Freeza is the rich kid running his dad's business while the boss's on vacation.

Vandal Savage probably

Sounds like he bought them. I'm an economics brainlet so I may be wrong.

Go back to Twitter, Don.

>Today in How to get your country nuked

I'm not good at it Economics, but isn't this a bad idea. I mean Vibranium is a finite resources, so if Wakanda runs out of it then the country is doomed. Nationalising a resource made only to provide for a small nation isn't a smart move.

>There are laws against that sort of thing.
Wakanda isn't in the USA. And the UN really doesn't have the power to stop a dictator from doing anything.

Priest utterly humiliated Tony in that arc. And I genuinely mean that. He came out as a stupid, arrogant tosser who tried to manipulate everyone and was still BTFOed. Fucking Namor had better treatment. Why does everyone hate Stark?

Venezuela did it a couple of years ago, ask them how well it went.

Yes.

No. She's saying the companies are WORTH hundreds of millions. Not that he PAID hundreds of millions. When someone nationalizes a company it means he stole them, but you can't call a dictator a thief.

Hey, Iran too. It doesn't end well because nobody wants to do business with you afterwards.

Taxation is theft

But Wakandas chief export has an exorbitant price that never falls and that means they're super rich even if they never actully sell it. Somehow.

You literally can't be richer than this guy

T'Challa knows this. He only did it to piss off Killmonger.

And you're not a retard.

You know what both of these sentences have in common? They're both wrong.

And his evil part in TinyToons?

...

Under international treaties (which Wakanda may never have signed) it is entirely legal to nationalize foreign assets. One simply has to pay a certain amount of compensation.
It just seems to me that if there was this much chaos then he must have nationalized them without compensation.

nationalizing foreign companies isn't buying them, user. It's simply making a law stating that the foreign companies or branches operating in wakanda and all their assets on Wakandan soil now belong to the state.

Maybe there's recompensationof the worth of the property, equipment etc to the former foreign owners, maybe not. Depends on the case.

For example, Mexico nationalized its petroleum reserves in 1938 by having the then president simply declare that all mineral and oil reserves found within Mexico belong to "the nation", i.e., the federal government.

Or when Egypt's president nationalized the Suez Canal, owned by an international company, in 1956: "Nasser's response was the nationalization of the Suez Canal. On 26 July, in a speech in Alexandria, Nasser deliberately pronounced the name of Ferdinand de Lesseps, the builder of the canal, a code-word for Egyptian forces to seize control of the canal and implement its nationalization. He announced that the Nationalization Law had been published, that all assets of the Suez Canal Company had been frozen, and that stockholders would be paid the price of their shares according to the day's closing price on the Paris Stock Exchange."

Or Cuba, which gradually nationalized all companies and private lands, and apparently only had time to pay $1,3 million to US companies before diplomatic relations ended.

Three oil refineries, more than 5000 formerly US-owned companies and all American-owned property for a million, that's a good deal.

There's also been revolutions or reforms where something is just declared to belong to the state now by law. So it really depends on T'Challa how much they felt like paying the foreign companies.

Is he?
I know he is a king and all, but is the money his, or wakanda's?
What if he is dethroned again?

Besides we don't know how wakanda day by day monetary exchange works.

>kick out
>foreign
Even that senario doesn't work.

Nah, it sounds like he just declared that a lot of companies with assets worth hundreds of millions belong to the Wakandan state now lol, and no-one's mentioning anything about compensating the former owners. Seeing the panic at Wall Street it really looks like he wasn't paying much at all, if anything, and those companies that previously had holdings in wakanda are taking serious damage to their value and they're trying to get rid of their stock.

>Wakanda isn't in the USA.
how does that negate the fact they can't do shit to companies from other countries? It support the fact it's bullshit.

Emperor Palpatine

Foreign-owned companies usually have local branches, offices, equipment etc in that country. Kicking out in this context just means seizing ownership of the equipment, the resources and the production. Plus the company's operations on wakandan soil.

Interesting. Thanks for the information, Economicsfag.

Are you autistic?

Nationalizing foreign companies just means taking control of all their Wakandan assets and property deeds.

>can't do shit to companies from other countries?
They can do shit to the parts of those companies that operate in Wakanda or have facilities in Wakanda. "This mineral mine is ours now", kinda thing.

The King IS the Wakanda economy.

>foreign
>Wakandan assets
DO
YOU
FUCKING
KNOW
WHAT
FOREIGN
MEANS

Wait, a sincere answer, no pejoratives or snarky remarks?
user... I'm speachless, thanks a bunch.

It means T'Challa taking all of VibraCo Inc of USA's mining rights and processing facilities in Wakanda.

Don't be such a fag

They each have their own section of the universe. They’re not competing with one another. Besides King Cold shows up once then is killed off & never heard of again. Frieza keeps coming back.

Different user but do you really not understand how international companies fucking operate? Are you 11 or something, or just really fucking dumb?

Allow me to illustrate. An international company of mostly US ownership, let's call it AMINERAL, owns loads of mines, processing plants, various facilities, research labs, transport vehicles and vessels. Lots of land, facilities, property, all over the world. Some of these are owned via owning local companies.

As it happens they make a large chunk of their profits via the stuff they dig up from their mine on the land they own in Wakanda. They've built lots of large facilities there on various sites, a fancy office building even, lots of shit. The Wakanda operations are handled through a subcorporation called WAMINERA. They've invested a lot of money in building up the extraction infrastructure and turn a huge-ass profit. There's also one smaller research lab, the building directly owned by AMINERAL.

Suddenly, Wakanda nationalizes all foreign companies. WAMINERA and everything they own are now property of the Wakandan state. The land, the facilities, the mines, the buildings, everything. Even the research building owned directly by the parent company is now property of the state because it's in Wakanda.

This fucking sucks and you can't fucking do this, say the international stockholders of AMINERAL. Watch us, says Wakanda, while their armed forces escort the foreign workers away from the premises.

Why has BP recently been compared to Batman and not Aquaman?

Aquaman or Namor might be richer.

It's a little foggy of Atlantis jurisdiction but if they own all claims on the ocean floor that's fucking BANK.
Not to mention the magic/tech from Atlantis locations are always super advanced and unique.

Also Lafleeze owns a bunch of stuff. Some of it Must have some value. Especially when he claimed that one robot planet or all those Braniac bottled cities.

forbes put scrooge at $33.5 billion and t'challa at $90.7 trillion, that's a third of the total wealth of the entire world.

>forbes put scrooge at $33.5 billion

That sounds like a massive fucking lowballing.

I genuinely loved the movie. Why do all my threads about wanting to talk about it get deleted?

Definitely. He's the equivalent of bill gates in every fucking tech field, and the equivalent of an arab prince in every ressources industry. But iirc they nerfed the scope of what they take into account for his wealth to stay "fair to the competition".

Can someone explain to me why T'Challa is the richest man on Marvel's Earth? I admit to not following the character at all, so when I see statements like that it confuses me since the monarchs on our earth aren't even anywhere near the top 10 richest people.

because most monarchs don't own 90% of their countries' economy.
T'Challa does, and Wakandian economy is based on the horribly expensive Vibranium.

In short, it's like he was the owner of all Uranium in the world

But they're ridiculously greedy with the vibranium, no? It's super special to them that outsiders are not permitted to have any, if my understanding is correct. If that's their mindset regarding vibranium then how are they making a fortune off of it?

They weren't until T'Chaka started selling a little of it at a extremely high price.

Everybody wants Vibranium, even little is incredibly useful in weapons and research(for more weapons)

Also, they developed technologies and sold them.

I think vibranium is priced at something like 1 million US dollars\kg

This was informative. Thank you!!!

Ok, that makes more sense now. It just struck me as weird that a country that was so isolationist could also be the richest country in the world.

Technically american companies were leasing land, and the 5000 US companies werent worth much as Cuba is still dirt poor, in no small part due to lack of US investment and a wary climate for everyone else. So it was a terrible deal.

Would hoard all the vibranium count as artifical scarsity?

Forbes doesn't actually read comics.

Part of it is also his net worth, not just how much actual money he has. Jeff Bezos is the richest man in the real world, but most of his wealth is in Amazon and other companies, not in actual cash money. For T'Challa I assume it would be the same but with Vibranium.

Because the m.ods are racist

Imagine if Exxon had oil refineries in Venezuela.

The Venezuelan government could seize those refineries from Exxon and declare them to be national property.

That's what nationalizing a foreign company on your soil is. You take everything they have on your soil as yours.

> In the DuckTales episode "Liquid Assets", Fenton Crackshell (Scrooge's accountant) notes that McDuck's money bin contains "607 tillion 386 zillion 947 trillion 522 billion dollars and 36 cents"

So yeah, T'challa sucks Scrooge's duck dick

user thinks a headline has to say something like "Global Outrage as Panther Systematically Nationalizes all Foreign Companies" otherwise it's a lefty bias.

Also, really obvious Sup Forums never took an econ class....

>607 tillion 386 zillion
Scrooge's accountant clearly went to the Trump Academy School of Accounting