I Became The World’s Richest Man For 7 Minutes

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  • Опубликовано: 19 янв 2025

Комментарии • 6 тыс.

  • @MaxFosh
    @MaxFosh  6 месяцев назад +73

    For more silly antics, come see me on tour! Get your tickets here: maxfosh.co

    • @bizcoachmarcel
      @bizcoachmarcel 5 месяцев назад

      @MaxFosh can you tell us, where you had your company being valued and the costs of doing so? Thanks in advance!

    • @ocelotdude8889
      @ocelotdude8889 5 месяцев назад

      Hello max

    • @aerospacee2154
      @aerospacee2154 5 месяцев назад +1

      ping around two years lol

    • @Trivodex
      @Trivodex 5 месяцев назад +1

      i will 100% see you on tour (i am worth 10p)

    • @Bing-Chillings
      @Bing-Chillings 5 месяцев назад

      real

  • @slimxshady6111
    @slimxshady6111 2 года назад +36007

    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
      @darkmandalorian8956 2 года назад +184

      Omg that is true!

    • @Nhatanh0475
      @Nhatanh0475 2 года назад +500

      When you speed run financial

    • @riorio982
      @riorio982 2 года назад +182

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

    • @loganhall7273
      @loganhall7273 2 года назад +39

      All in a days work 👍

    • @Janoww
      @Janoww 2 года назад +71

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

  • @HofTheStage
    @HofTheStage 2 года назад +20071

    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
      @ChriSaito 2 года назад +316

      Mo money mo problems.

    • @dreamsider
      @dreamsider 2 года назад +137

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

    • @stubmytoe
      @stubmytoe 2 года назад +118

      No he shut it down because it was fraud

    • @samuell.6000
      @samuell.6000 2 года назад +25

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

    • @apollogeist8513
      @apollogeist8513 2 года назад +270

      @@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.

  • @lordsmorgasbord2646
    @lordsmorgasbord2646 2 года назад +61203

    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
      @slovakthrowback3738 2 года назад +460

      lmao

    • @Im_AFK_Btw
      @Im_AFK_Btw 2 года назад +2597

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

    • @TaliyahP
      @TaliyahP 2 года назад +117

      Comment of the year right here

    • @nikkeisimmer8795
      @nikkeisimmer8795 2 года назад +831

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

    • @nathandouvier1976
      @nathandouvier1976 2 года назад +28

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

  • @inreallife530
    @inreallife530 Год назад +2784

    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.

  • @basicburgers978
    @basicburgers978 2 года назад +9186

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

    • @jallenchen6071
      @jallenchen6071 2 года назад +1394

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

    • @andrewgarner2224
      @andrewgarner2224 2 года назад +261

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

    • @augustinemcdermott8955
      @augustinemcdermott8955 2 года назад +172

      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
      @Agent-ic1pe 2 года назад +60

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

    • @checkyourfax
      @checkyourfax 2 года назад +12

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

  • @9nikola
    @9nikola 2 года назад +8942

    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
      @Wulk 2 года назад +133

      He knows the meta

    • @sarowie
      @sarowie 2 года назад +127

      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
      @methyod 2 года назад +54

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

    • @blankspace1416
      @blankspace1416 2 года назад +1

      1k

    • @YaGirlZero
      @YaGirlZero 2 года назад +18

      @@sarowie "capitalism breeds innovation"

  • @Spiderrocker26
    @Spiderrocker26 2 года назад +23784

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

    • @kestrel7493
      @kestrel7493 2 года назад +1311

      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
      @Spiderrocker26 2 года назад +173

      @@kestrel7493 oh hahaha thats amazing

    • @jamesm6830
      @jamesm6830 2 года назад +179

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

    • @Spiderrocker26
      @Spiderrocker26 2 года назад +14

      @@jamesm6830 heh oops

    • @swivvy3037
      @swivvy3037 2 года назад +32

      @@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 😬

  • @czajla
    @czajla Год назад +1012

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

    • @AxoIuth
      @AxoIuth Год назад +42

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

    • @arieldan6524
      @arieldan6524 6 месяцев назад +6

      I woulda asked for 100 quid back to get some roi 😅

  • @Will_Forge
    @Will_Forge 2 года назад +23030

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

    • @maloxi1472
      @maloxi1472 2 года назад +21

      Hahaha !

    • @AManOnline.
      @AManOnline. 2 года назад +86

      Solid pun mate 👍

    • @sgtfireball6471
      @sgtfireball6471 2 года назад +95

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

    • @naasirbakari7247
      @naasirbakari7247 2 года назад +44

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

    • @mother722
      @mother722 2 года назад +7

      I didn't see dedication in the video

  • @thealmightyduck335
    @thealmightyduck335 2 года назад +18536

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

    • @TheRavenCoder
      @TheRavenCoder 2 года назад +747

      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
      @raver377 2 года назад +720

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

    • @skellious
      @skellious 2 года назад +140

      not a government agency. a private valuation company.

    • @hisky.
      @hisky. 2 года назад +4

      @@raver377 being*

    • @colbeh
      @colbeh 2 года назад +24

      @@hisky. BEEing**

  • @smartereveryday
    @smartereveryday 2 года назад +43015

    For some reason, I am very proud of you.

    • @awdaadwda3273
      @awdaadwda3273 2 года назад +77

      Yo

    • @justins8802
      @justins8802 2 года назад +332

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

    • @lontongtepungroti2777
      @lontongtepungroti2777 2 года назад +90

      hey it's the science man, big fan

    • @pauljones9150
      @pauljones9150 2 года назад +18

      It's the real dude

    • @josephcrain1432
      @josephcrain1432 2 года назад +11

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

  • @gijbuis
    @gijbuis 2 года назад +2548

    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
      @QuantumHistorian Год назад +187

      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_2006
      @Bahr_2006 Год назад +120

      @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
      @jam8539 Год назад +59

      @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
      @DevinSmith1486 Год назад

      Donald trump?:

    • @sam23696
      @sam23696 Год назад +13

      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.

  • @iamsick5204
    @iamsick5204 2 года назад +16050

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

    • @jaycie5021
      @jaycie5021 2 года назад +837

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

    • @iamsick5204
      @iamsick5204 2 года назад +790

      @@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
      @adrianforbes7863 2 года назад +114

      Your maths is correct

    • @JRyan-lu5im
      @JRyan-lu5im 2 года назад

      ​@@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
      @niles5330 2 года назад +27

      @@adrianforbes7863 math*

  • @Wavesea
    @Wavesea 2 года назад +18272

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

    • @MaxFosh
      @MaxFosh  2 года назад +2731

      It hasn’t missed a minute in 4 years

    • @sinofa8384
      @sinofa8384 2 года назад +75

      @@MaxFosh no way. 😂

    • @Hyoiza
      @Hyoiza 2 года назад +50

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

    • @kalvinr12
      @kalvinr12 2 года назад +9

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

    • @DecoySanchez
      @DecoySanchez 2 года назад +12

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

  • @Hirz26
    @Hirz26 2 года назад +19704

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

    • @HashBrownDoyler
      @HashBrownDoyler 2 года назад +12

      how

    • @valkyrie941
      @valkyrie941 2 года назад +26

      she?

    • @Hirz26
      @Hirz26 2 года назад +755

      @@valkyrie941 hope, the investor

    • @savagetothebones1642
      @savagetothebones1642 2 года назад +18

      @@valkyrie941 her?

    • @RudyTheNinja
      @RudyTheNinja 2 года назад +68

      @@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;;

  • @erikm8373
    @erikm8373 Год назад +258

    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

  • @TommoMcCluskey
    @TommoMcCluskey 2 года назад +29917

    "Hope was just around the corner." 🤣

    • @nielsdenbesten1852
      @nielsdenbesten1852 2 года назад +322

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

    • @vojtechnovacek7776
      @vojtechnovacek7776 2 года назад +129

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

    • @vojtechnovacek7776
      @vojtechnovacek7776 2 года назад +37

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

    • @palmermonsen9098
      @palmermonsen9098 2 года назад +9

      Ayo Tommo!

    • @dixonsmith1580
      @dixonsmith1580 2 года назад +7

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

  • @buckethead60
    @buckethead60 2 года назад +9439

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

    • @dibot4133
      @dibot4133 2 года назад +265

      EPIC PLOT TWIST

    • @hughcaldwell1034
      @hughcaldwell1034 2 года назад +681

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

    • @faffolite
      @faffolite 2 года назад +60

      Wow that privilage

    • @polo619652
      @polo619652 2 года назад +304

      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
      @CHRIST0NEDAWG 2 года назад +202

      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.

  • @MrTehnoobshowfan
    @MrTehnoobshowfan 2 года назад +13643

    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
      @barackobama1187 2 года назад +268

      lmfao

    • @omar_rayyan
      @omar_rayyan 2 года назад +62

      😂😂🤣

    • @9999ping
      @9999ping 2 года назад +667

      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
      @iDraKzy 2 года назад +297

      @@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
      @MrTehnoobshowfan 2 года назад +687

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

  • @cropsey7412
    @cropsey7412 Год назад +413

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

  • @infernox1099
    @infernox1099 2 года назад +5284

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

    • @mdukasa
      @mdukasa 2 года назад +13

      Now that I think about it...

    • @DepressedViking111
      @DepressedViking111 2 года назад +118

      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
      @ave789 2 года назад +90

      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
      @MasterQuestMaster 2 года назад +6

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

    • @thaib2724
      @thaib2724 2 года назад +4

      @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

  • @liammacaodha4783
    @liammacaodha4783 2 года назад +18881

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

  • @notpaperproductions
    @notpaperproductions 2 года назад +4085

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

    • @ricardo1300
      @ricardo1300 2 года назад +62

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

    • @francisbtube
      @francisbtube 2 года назад +18

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

    • @amarnathk9398
      @amarnathk9398 2 года назад +7

      @@francisbtube "Duke Fish"

    • @polski_dezerter
      @polski_dezerter 2 года назад

      @@ricardo1300 a doctorate in drinking tea perhaps?

    • @areshaistg
      @areshaistg 2 года назад +1

      @@amarnathk9398 "Duke fishron"

  • @mrankitanks
    @mrankitanks 2 года назад +1280

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

    • @danesesse
      @danesesse 2 года назад +39

      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
      @kingjasko Год назад +7

      Would he be worth 5 trillion then?

    • @helloandgoodbye7286
      @helloandgoodbye7286 Год назад +11

      @@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
      @jameswood1935 Год назад +47

      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.

  • @crimson4066
    @crimson4066 2 года назад +8259

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

  • @ratherryan
    @ratherryan 2 года назад +2570

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

    • @Nellerkillerstrains
      @Nellerkillerstrains 2 года назад +28

      💪💪🇵🇱🇵🇱💪💪

    • @kaitthenoscoper
      @kaitthenoscoper 2 года назад +3

      @@Mr__Singularity dollars or pounds?

    • @willguggn2
      @willguggn2 2 года назад +4

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

    • @pohorex6834
      @pohorex6834 2 года назад +5

      @@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
      @willguggn2 2 года назад +4

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

  • @azda9
    @azda9 2 года назад +16131

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

    • @Twiska
      @Twiska 2 года назад +2105

      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
      @instantpyroakw 2 года назад +978

      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
      @claudiusflavius2493 2 года назад +226

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

    • @mrandersen6872
      @mrandersen6872 2 года назад +250

      @@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
      @willguggn2 2 года назад +307

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

  • @OneAndOnlySultan
    @OneAndOnlySultan 11 месяцев назад +61

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

  • @TheRoark
    @TheRoark 2 года назад +3071

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

    • @benji_miller
      @benji_miller 2 года назад +284

      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
      @TheRoark 2 года назад +74

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

    • @benji_miller
      @benji_miller 2 года назад +107

      @@TheRoark We can only Hope ;)

    • @TheRoark
      @TheRoark 2 года назад +21

      @@benji_miller Eyyyyyyyy

    • @rayw4589
      @rayw4589 2 года назад +51

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

  • @Arran05
    @Arran05 2 года назад +4877

    This not only sounds slightly illegal but also very entertaining

    • @haarigerberggorilla
      @haarigerberggorilla 2 года назад +312

      @Yeno Apdi speaking of sounding slightly illegal

    • @rayyankapdi9638
      @rayyankapdi9638 2 года назад +29

      @@haarigerberggorilla lmao

    • @amenmolla7203
      @amenmolla7203 2 года назад +33

      And that grey space is where Max thrives.

    • @MasterQuestMaster
      @MasterQuestMaster 2 года назад +4

      Literally what Max is all about

    • @Scroolewse
      @Scroolewse 2 года назад +26

      @@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.

  • @func_e
    @func_e 2 года назад +7140

    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
      @audr1enlive 2 года назад +364

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

    • @func_e
      @func_e 2 года назад +64

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

    • @JazzD_335
      @JazzD_335 2 года назад +33

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

    • @ditodevice1950
      @ditodevice1950 2 года назад +34

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

    • @func_e
      @func_e 2 года назад

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

  • @Da__goat
    @Da__goat 2 года назад +90

    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
      @Galactipod 8 месяцев назад +1

      It wasn't the government, though

  • @tzeimet
    @tzeimet 2 года назад +1914

    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
      @DChappelle27 Год назад +11

      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
      @TroublesomeOwl Год назад

      @@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
      @mayukhdatta4017 Год назад +52

      @@DChappelle27 you sir, have missed the joke

    • @mangokraken
      @mangokraken Год назад +10

      He was also a fashion icon at London Fashion Week

    • @circuit10
      @circuit10 Год назад +7

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

  • @Natalie_Val
    @Natalie_Val 2 года назад +12824

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

    • @MaxFosh
      @MaxFosh  2 года назад +2372

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

    • @John-se6it
      @John-se6it 2 года назад +170

      @@MaxFosh not many people would put in a day

    • @Uzzyxd
      @Uzzyxd 2 года назад +5

      yes

    • @Azurialls
      @Azurialls 2 года назад +14

      @@John-se6it not many people would

    • @nihal74321
      @nihal74321 2 года назад +11

      @@Azurialls not many people

  • @Volvith
    @Volvith 2 года назад +1413

    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
      @diotough 2 года назад

      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
      @glavdotmov 2 года назад +11

      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)

  • @jdwylde7
    @jdwylde7 2 года назад +15

    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.

  • @TheNinostorm
    @TheNinostorm 2 года назад +2820

    This looks like the worst clickbait ever but this dude DELIVERED!

    • @asheep7797
      @asheep7797 2 года назад +31

      @chding zuure Money United Nations Limited?

    • @JohnSmith-qm2me
      @JohnSmith-qm2me 2 года назад

      ruclips.net/video/V_bI2TImh2E/видео.html

    • @tacticiana3437
      @tacticiana3437 2 года назад +3

      You just described this entire channel and I love it so much.

  • @qwerty9170x
    @qwerty9170x 2 года назад +3695

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

    • @BreezyCactus
      @BreezyCactus 2 года назад +463

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

    • @hepcecob
      @hepcecob 2 года назад +95

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

    • @zoefschildpad
      @zoefschildpad 2 года назад +450

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

    • @BreezyCactus
      @BreezyCactus 2 года назад +103

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

    • @226nick2
      @226nick2 2 года назад +84

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

  • @nickahorn
    @nickahorn 2 года назад +884

    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
      @calebu2 2 года назад +121

      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
      @GooseTronics 2 года назад +34

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

    • @shambhav9534
      @shambhav9534 2 года назад +5

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

  • @peterlewis2178
    @peterlewis2178 2 года назад +409

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

    • @denisohbrien
      @denisohbrien Год назад +46

      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
      @bobosaurus331 Год назад +24

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

    • @incription
      @incription 5 месяцев назад +5

      seeing £500bn and "you are being accused of fraud" on an official government letter is enough to scare anyone

    • @peterlewis2178
      @peterlewis2178 5 месяцев назад +1

      @@incription Yeah, ik, I would be terrified. I think I was mostly just pointing out how real and serious it got there for a second.

  • @deepdesigners
    @deepdesigners 2 года назад +4322

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

  • @Weisz
    @Weisz 2 года назад +3812

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

    • @Aussie_aNti_h3r0
      @Aussie_aNti_h3r0 2 года назад +8

      Aye is Louis

    • @arieleliasov
      @arieleliasov 2 года назад

      New Merch

    • @duxst3877
      @duxst3877 2 года назад

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

    • @lombridious
      @lombridious 2 года назад

      louis big fan mate

    • @RockiesCanada
      @RockiesCanada 2 года назад

      Omg it's Louis Weisz, AKA Walmart Mark Rober

  • @annalaporta3597
    @annalaporta3597 2 года назад +2370

    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
      @sneezebazooka6068 2 года назад +44

      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
      @vojtechnovacek7776 2 года назад +9

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

    • @Dan-qg2ef
      @Dan-qg2ef 2 года назад +4

      Rich vs super rich

    • @Nocturnal_Sakai
      @Nocturnal_Sakai 2 года назад +2

      Really shows how porr rich people really are

    • @Polska_Edits
      @Polska_Edits 2 года назад +1

      Have you seen how Mark Zuckerberg dresses

  • @KairosIsHere
    @KairosIsHere Год назад +31

    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.

    • @TheMoneyTalks
      @TheMoneyTalks 3 месяца назад

      Untill this comment, I didn't realise woman's name was a Hope adding twisty plot to the story..😆😆

  • @hexagonal69
    @hexagonal69 2 года назад +2140

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

    • @Markmc9.
      @Markmc9. 2 года назад +14

      Gigachad moment

    • @SirRiceBurger
      @SirRiceBurger 2 года назад

      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.
      @Markmc9. 2 года назад +1

      @@SirRiceBurger that a bit harsh

    • @hexagonal69
      @hexagonal69 2 года назад +9

      @@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
      @SirRiceBurger 2 года назад

      @@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?

  • @Devinwastaken1
    @Devinwastaken1 2 года назад +3171

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

    • @JesseRay89
      @JesseRay89 2 года назад +68

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

    • @xpusostomos
      @xpusostomos 2 года назад +19

      Not to mention how much charity.

    • @james64ibm
      @james64ibm 2 года назад +37

      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
      @Tyrantstorm 2 года назад +4

      @@xpusostomos three is the magic number

    • @mstrdigi
      @mstrdigi 2 года назад +15

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

  • @sipofsunkist9016
    @sipofsunkist9016 2 года назад +632

    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

  • @sleepydragonzarinthal3533
    @sleepydragonzarinthal3533 2 года назад +115

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

  • @prdprdprdprdprdel
    @prdprdprdprdprdel 2 года назад +795

    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
      @Maronicam 2 года назад +35

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

    • @emir7233
      @emir7233 Год назад +5

      cringe anime girl

    • @m4r1o148
      @m4r1o148 Год назад +35

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

    • @foxy916
      @foxy916 Год назад

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

    • @gilgabro420
      @gilgabro420 Год назад

      @@emir7233 ratio

  • @olajong2315
    @olajong2315 2 года назад +3567

    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
      @marycae 2 года назад +254

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

    • @Ayan-od8hk
      @Ayan-od8hk 2 года назад +97

      I can't even talk about India

    • @AliAhmed-xc7zf
      @AliAhmed-xc7zf 2 года назад +22

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

    • @LondonBikerReal
      @LondonBikerReal 2 года назад +10

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

    • @dragutintheslav-veliki790
      @dragutintheslav-veliki790 2 года назад +13

      @@LondonBikerReal true, my speeding ticket arrived before I even got pictured by the radar lol

  • @cloud__zero
    @cloud__zero 2 года назад +9678

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

    • @ranidani3785
      @ranidani3785 2 года назад +235

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

    • @yey8288
      @yey8288 2 года назад +34

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

    • @milspectoothpick4119
      @milspectoothpick4119 2 года назад +134

      ​@@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
      @g76agi 2 года назад +9

      congratulations you just discovered money and society!

    • @Au16227
      @Au16227 2 года назад +42

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

  • @PhoenixCat
    @PhoenixCat 2 года назад +651

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

    • @darkstarfirestudios4500
      @darkstarfirestudios4500 2 года назад +6

      Hah yes

    • @rmy2202
      @rmy2202 2 года назад +1

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

    • @ricardslisovskis2839
      @ricardslisovskis2839 2 года назад +23

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

    • @user-mi1nw5wi1z
      @user-mi1nw5wi1z 2 года назад +11

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

    • @rmy2202
      @rmy2202 2 года назад

      @@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

  • @saigiritharrao8477
    @saigiritharrao8477 2 года назад +704

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

  • @koraksengupta8689
    @koraksengupta8689 2 года назад +442

    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
      @naverilllang Год назад +45

      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
      @somerandomdragon558 Год назад +46

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

    • @funnyman9616
      @funnyman9616 Год назад

      The Rockefellers had a net worth of 500 trillion

    • @TragicGFuel
      @TragicGFuel Год назад +3

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

    • @Merluch
      @Merluch Год назад

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

  • @adamhayes4691
    @adamhayes4691 Год назад +8

    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.

  • @janikarkkainen3904
    @janikarkkainen3904 2 года назад +325

    To be fair, you were the richest man alive for 2 weeks and 7 minutes. The count of clock starts when you made the documents for the sell of the share, now when you got your hands on a private valuation company's valuation documents.

    • @digitalfantasies4570
      @digitalfantasies4570 2 года назад +23

      Technically it takes even more time for his company to actually be shut down beyond the submitting of the forms online for him to get everything in order on his end, I saw another comment saying it would be roughly until October 5th of 2022 so he was technically the richest man in the world for several months.

  • @RyanHollinger
    @RyanHollinger 2 года назад +4327

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

    • @talkcrickethd6469
      @talkcrickethd6469 2 года назад +2

      No reply but 374 likes to you
      Miracle

    • @hikingOpussomJ
      @hikingOpussomJ 2 года назад

      Lol

    • @DrCranberry
      @DrCranberry 2 года назад +8

      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

  • @spatrk6634
    @spatrk6634 2 года назад +423

    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
      @AndreiDamian 2 года назад +34

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

    • @karpfenboy
      @karpfenboy 2 года назад +2

      @@AndreiDamian lmao

    • @kirankannan8
      @kirankannan8 2 года назад +17

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

    • @AndreiDamian
      @AndreiDamian 2 года назад

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

    • @MeiinUK
      @MeiinUK 2 года назад

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

  • @trainlad4524
    @trainlad4524 2 года назад +35

    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

  • @jacobbabcock8943
    @jacobbabcock8943 2 года назад +770

    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
      @goldlink334 2 года назад +218

      That means he’s legally the richest man till then

  • @CT-yr4xd
    @CT-yr4xd 2 года назад +1636

    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
      @gdkfonzo6656 2 года назад +15

      No he couldn’t

    • @intention4726
      @intention4726 2 года назад +106

      @@gdkfonzo6656 chillax it was a joke.

    • @itsDhiran
      @itsDhiran 2 года назад +8

      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
      @Rafael-pi4md 2 года назад +4

      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
      @thugpug4392 2 года назад +1

      @@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.

  • @ewanguitar3666
    @ewanguitar3666 2 года назад +630

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

    • @Josuh
      @Josuh 2 года назад +3

      facts

    • @9nikola
      @9nikola 2 года назад +3

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

  • @Gulongers
    @Gulongers 2 года назад +70

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

    • @hucklebucklin
      @hucklebucklin Год назад +5

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

  • @acidicpuddle2
    @acidicpuddle2 2 года назад +1258

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

    • @sehabel
      @sehabel 2 года назад +106

      Or for pasta produced by the company

    • @hqanimetube4705
      @hqanimetube4705 2 года назад +11

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

    • @iVironment
      @iVironment 2 года назад +9

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

  • @deidara_8598
    @deidara_8598 2 года назад +1301

    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
      @abandonedaccount123 2 года назад +17

      whatever that means, i agree

    • @lufax
      @lufax 2 года назад +34

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

    • @exedeath
      @exedeath 2 года назад +41

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

    • @olpporsetty
      @olpporsetty 2 года назад +6

      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
      @lufax 2 года назад +18

      @@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

  • @RowdyBrian17
    @RowdyBrian17 2 года назад +392

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

    • @jideidowu4267
      @jideidowu4267 2 года назад +2

      I like this one 😅

    • @Qwazor
      @Qwazor 2 года назад

      That's actually genius

  • @gaius_enceladus
    @gaius_enceladus 2 года назад +131

    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
      @DaNayWhatley 2 года назад

      Hit me up ☝️☝️

    • @taytoflame2314
      @taytoflame2314 Год назад

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

  • @96barrelsofbeans94
    @96barrelsofbeans94 2 года назад +647

    This man really attempted to commit £500bn in securities fraud for a youtube video...
    respect

    • @insertname5421
      @insertname5421 2 года назад +5

      I don't get it why is it a fraud, if that was the real price someone paid for a share.

    • @Kreb2
      @Kreb2 2 года назад +7

      @@insertname5421 i think (im stretching here) that he could therefore claim all shares are worth that value, which could trick investors into paying inflated prices for the rest of his shares when they are worthless

    • @ms-fk6eb
      @ms-fk6eb 2 года назад +4

      @@Kreb2 okay and? investing is risky, do your research, it's not like elon musk is selling a good idea by sending cars down a rabbit hole where a single accident would be certain death...

    • @Banzybanz
      @Banzybanz 2 года назад +3

      @@Kreb2 It might have been illegal if he would have solicited further investments using this value.

    • @Kreb2
      @Kreb2 2 года назад +1

      @@ms-fk6eb You're right but this is the difference between intentionally tricking investors (creating made up value out of nowhere) and just having a shit idea

  • @JessicaVianaa
    @JessicaVianaa 2 года назад +813

    Max is now the master of making good videos about scenarios that are just barely technically true and we just eat it up for fun 😂

  • @matttk
    @matttk 2 года назад +453

    He opened and closed the company faster than you can even just think about opening a company in Germany.

    • @Enomyx
      @Enomyx Год назад +11

      Haha, hab mir dasselbe gedacht!

    • @Brontok
      @Brontok Год назад +1

      In Deutschland brauchst du mindestens 50.000€ für ne Aktiengesellschaft

    • @smimoma5930
      @smimoma5930 Год назад +3

      ​@@BrontokEs gibt aber auch UG(haftungsbeschränkt) als Pendant zur Ltd, dafür reicht 1€ Startkapital und ca. 500€ Verwaltungs und Notargebühren

  • @charlesfrancois2974
    @charlesfrancois2974 2 года назад +114

    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
      @kattyjames190 2 года назад +11

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

    • @suzannecraig6824
      @suzannecraig6824 2 года назад +1

      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
      @titilayoamidat8901 2 года назад

      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
      @salamatumsallah1520 2 года назад +1

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

    • @patrickwalter5742
      @patrickwalter5742 2 года назад +1

      Bitcoin is a global safe heaven for investors.

  • @buihelgason
    @buihelgason 2 года назад +821

    I absolutely love how almost every accomplishment Max has ever made is due to a technicality.

  • @suprememilklord7917
    @suprememilklord7917 2 года назад +1498

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

    • @-Big_Big
      @-Big_Big 2 года назад +79

      55 quid and i will allow it

    • @xpusostomos
      @xpusostomos 2 года назад +34

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

    • @whatyousaidbud
      @whatyousaidbud 2 года назад +10

      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
      @satendersingh8875 2 года назад +3

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

    • @suprememilklord7917
      @suprememilklord7917 2 года назад +1

      Wtf. Why do i have so many likes.

  • @nicce_4393
    @nicce_4393 2 года назад +232

    What an humble guy, he went from being worth 500.000.000.000 to checking the clock on the oven real quick

  • @qweewq-h7p
    @qweewq-h7p 2 года назад +7

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

  • @whatsinaname7289
    @whatsinaname7289 2 года назад +570

    It's amazing that her name was actually "Hope" and she was his company's hope lol

  • @thirdoctoberchild
    @thirdoctoberchild 2 года назад +666

    After watching this, I’m overcome with longing to have a child called Hope. The puns, the puns.. it could masterful. “I’m bringing you Hope”. “Please tell me you haven’t lost Hope”. “At the end of the day, we always have Hope”

    • @danhurl1349
      @danhurl1349 2 года назад +63

      I have a friend named Faith. She is resigned to her fate.

    • @Fiznik3933
      @Fiznik3933 2 года назад +31

      Hope’s lost in the pasta aisle

    • @Hutchyy
      @Hutchyy 2 года назад +1

      You know you can choose your child's name right

    • @pvic6959
      @pvic6959 2 года назад +15

      @@danhurl1349 You take your a corn maze and she doesnt come out. You to the maze: _shakes head_ I have lost Faith in you

    • @abandonedaccount123
      @abandonedaccount123 2 года назад +4

      I've lost Faith in Walmart!

  • @thejordyoshi
    @thejordyoshi 2 года назад +283

    I vibe with Hope’s lack of financial responsibility.

    • @FlatlandsSurvivor
      @FlatlandsSurvivor 2 года назад +1

      She came out even and got her parachute before the crash, I think she did alright

  • @Schm1dtstorm
    @Schm1dtstorm Год назад +95

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

  • @not_navid
    @not_navid 2 года назад +383

    This man really broke "fastest half a trillionaire" and "fastest amount of money lost in a 9 min video"

  • @FoulNews
    @FoulNews 2 года назад +958

    From bed sheets to billions. What an inspiring story!

  • @sab3r10
    @sab3r10 2 года назад +520

    The world's richest man (of 7 minutes) must always use his/her personal smart baking cabinet timer as measurement of success over time... 😂

    • @bigmaxmer1556
      @bigmaxmer1556 2 года назад +1

      Fancy way to say limited heater of things and air in it and itself may be this of a taking thus this will be advised to 1 minute

  • @CelenaGomeez
    @CelenaGomeez Год назад +6

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

  • @isaaclauck7194
    @isaaclauck7194 2 года назад +320

    Technically with how long the mail took to get to you, you were the richest man for 2 weeks and 7 minutes .

  • @thomasgodfrey2998
    @thomasgodfrey2998 2 года назад +1095

    The company has not yet been struck off (application pending), so technically Max is still the richest man in the world, with a net worth of £499,999,999,950.
    This may also mean Max has broken the record for quickest decline in net worth.

    • @MrKo1233
      @MrKo1233 2 года назад +21

      Haha saw the same when I looked in the gov database

    • @sIightIybored
      @sIightIybored 2 года назад +16

      The address also appears to his dad's accountancy firm, so they're working with exclusive clients!

    • @thomasgodfrey2998
      @thomasgodfrey2998 2 года назад +14

      @@sIightIybored you have to be pretty exclusive to work with the richest man in the world.

    • @mr.midnight23
      @mr.midnight23 2 года назад +5

      I’m confused as to how this works. Why does selling one share of a company value that company at £50,000,000? Where the rest of the money come from?

    • @tankerkiller125
      @tankerkiller125 2 года назад +17

      @@mr.midnight23 number of shares available to be sold.

  • @robynublind
    @robynublind 2 года назад +102

    To be fair, fraud is a small price to pay when you can say you were the richest man in the world for 7 minutes.

  • @alexstephanie8051
    @alexstephanie8051 2 года назад +123

    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
      @Charles-ew3km 2 года назад +9

      @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
      @steveashley8260 2 года назад +7

      @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
      @hassangary8961 2 года назад +6

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

    • @hassangary8961
      @hassangary8961 2 года назад +6

      Mrs Benson Sandra has changed my financial

    • @hassangary8961
      @hassangary8961 2 года назад +6

      status for the best ,all thanks to my aunt

  • @partlett123
    @partlett123 2 года назад +307

    As a wise woman once said “we all have the same 24 hours in a day like Beyoncé”
    Max spent his 24 hours becoming a billionaire. And we can all do it if we just work hard.

    • @asheep7797
      @asheep7797 2 года назад +11

      And spent another 7 minutes losing $500 000 000 000 pounds yen wan rupees rubles dinars lira yuan. (i love unnecessary words.)

    • @realah3001
      @realah3001 2 года назад +5

      Bruh Beyoncé has a revenue stream unavailable to the common man

    • @gamedeveloper9098
      @gamedeveloper9098 2 года назад +5

      right, a hard working sweeper can become a billionaire over night.

    • @jooot_6850
      @jooot_6850 2 года назад +6

      Work hard and commit just a little fraud and so too you can be half a trillionaire!

    • @JohnSmith-qm2me
      @JohnSmith-qm2me 2 года назад

      ruclips.net/video/V_bI2TImh2E/видео.html

  • @keki4578
    @keki4578 2 года назад +428

    This is literally the argument for billionaires in net worth. Just because they are worth $100B, does not mean they actually have the cash

    • @30secondstomarsMBH
      @30secondstomarsMBH 2 года назад +28

      Something not many people have any understanding of. It's all valuation.

    • @MrJakson112
      @MrJakson112 2 года назад +31

      No but what they do is they lend money against their net worth, so yes, they do have a shit ton of cash

    • @hayemellema
      @hayemellema 2 года назад +14

      I think this is actually what Max wanted to show with this video. Or he just wanted to be the richest man alive for 7 minutes ;P

    • @keki4578
      @keki4578 2 года назад +19

      @@hayemellema nah definitely shitposting about being the richest man on Earth for 7 minutes

    • @CanIHasThisName
      @CanIHasThisName 2 года назад +7

      ​@@MrJakson112 Their net worth is what allows them to get certain loans, but they most definitely do not at any point have their actual worth in cash unless they sell all of it. And more importantly, their worth will fall if the assets they own go down in value. The thing is that if they start selling it, they definitely will go down in value. This is what a lot of people don't get. And sure, billionaires can have absurd amounts of cash at hand at any moment, but there are net worth millionaires who have such net worth only because they run a company and absolutely do not have millions to spend.

  • @Som_RandomGuy
    @Som_RandomGuy 2 года назад +779

    For seven minutes, the internet was wrong about who the richest man in the world was. Congrats Max, you made a liar out of the internet. XD

    • @lookimnotracistbut5695
      @lookimnotracistbut5695 2 года назад +29

      Yeah, it's crazy! The internet is NEVER wrong and he managed to change that fact. Forget being royalty or the richest man alive. Now he has achived everything!

    • @gistasbanaitis473
      @gistasbanaitis473 2 года назад +24

      Imagine the Wikipedia editors changing and unchanging that under seven minutes though

    • @SirRiceBurger
      @SirRiceBurger 2 года назад

      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.

    • @Som_RandomGuy
      @Som_RandomGuy 2 года назад +2

      @@SirRiceBurger This is a 5-month-old comment about a guy who did a funny thing. Why are you insulting everybody now? XD

  • @PhoenixLive_YT
    @PhoenixLive_YT Год назад +1

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

  • @teodorapetkovic
    @teodorapetkovic 2 года назад +338

    What a glorious 7 minutes those were, though! Hope you didn't get sued

  • @mrtheodore1004
    @mrtheodore1004 2 года назад +223

    “It’s not financially a very safe investment”, if only all the fraudsters out there have the gut to say that straight up

    • @Zyphera
      @Zyphera 2 года назад +6

      They do in the tinest voice on page 325 in the documents you sign 2 weeks in.

    • @itsprochy
      @itsprochy 2 года назад

      I think they have the gut not to say it lol

  • @fewik8567
    @fewik8567 2 года назад +43

    Max became the richest man by nearly double, has infiltrated the most secure locations that pride themselves on the sales of security, caught and eaten a poisonous beast from the Thames, is a best selling author, and has the ability to create conversation over anything, you will be remembered as one of the greats

    • @Cosmik60
      @Cosmik60 2 года назад

      No, Max didn't infiltrate that
      You See, that was Rob Banks: International Baddie

    • @JohnSmith-qm2me
      @JohnSmith-qm2me 2 года назад

      ruclips.net/video/V_bI2TImh2E/видео.html

  • @agoatwithnonamd
    @agoatwithnonamd Год назад +3

    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.

  • @jonathaneduardo7332
    @jonathaneduardo7332 2 года назад +322

    I'm running my own tiny little business and my heart sinks every time I get letters from HMRC and Max is out here making and dissolving companies for lols haha my anxiety would crash me! mad respect to him for the balls to commit to his video ideas!

    • @NoobGamer-1233
      @NoobGamer-1233 2 года назад

      cool

    • @mankyraver
      @mankyraver 2 года назад +3

      All the best to you and your business. I hope there are better times ahead for you 😄

    • @hiddenguy67
      @hiddenguy67 2 года назад

      tell me when your business gets rich gimme some moneyz

  • @richardmangelmann4975
    @richardmangelmann4975 2 года назад +111

    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......

  • @rzaaeeff
    @rzaaeeff 2 года назад +307

    The lady who invested was quite smart because of what she said: "I'll eventually get something from it, if nothing, a story". That's a great story for 0.5 pounds.

  • @StephJ0seph
    @StephJ0seph Год назад +5

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