Japanese Billionaire Is Giving Out To His Followers Up To $9 Million To See If Money Makes Them Happier
Yusaku Maezawa a Japanese billionaire announced on micro-blogging platform twitter on the 30th December 2019 that he will conduct a social experiment be giving out 9 million US dollars to 1,000 people on Twitter to see if money will make them happier. Wow!!! That’s massive; a whopping $9,000 (One million Japanese yen) for one person.
Yusaku Maezawa who is online shopping mogul made this announcement on Twitter as well as via a YouTube video described the contest as a “serious social trial” to see the impact such amount will have in the lives of a thousand beneficiaries.
billionaire who linked the giveaway with the idea of basic income or regular
payment theory without ties to all citizens who had won in several political
circles and supported by Democratic U.S presidential candidate Andrew Yang,
only asked for the contestants to retweet the post he
made on January 1 to use to money "however they want" and to
regularly answer questionnaires about how they are using it
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Nearly everyone is eligible to participate in the competition which ended on January 7 2020. More than 4 million people took part and the lottery is expected to determine who they have chosen. Maezawa will personally notify them by direct message in two to three days, while the effects of the money will be monitored through regular surveys.
In January 2019, he also held a contest in which he promised 100 million yen to around 100 Twitter users which is around $ 914,000. Maezawa, which is valued at around $ 2 billion according to Forbes, broke records during the competition as his tweet in January 2019 with a retweet of 4.68 million was the most retweeted so far. The winners of the January 2019 competition each won just over $ 9,000 each.
The Japanese billionaire is said to be the first private passenger to fly around the moon with Elon Musk's SpaceX. He is also known for high spending on art, sports cars and his tendency to think of ideas like a world without money.