TRICK! YouTuber beats Tesla chief Elon Musk to become the richest person in the world
In a weird turn of events, a UK-based YouTuber became the richest person in the world, beating Tesla chief Elon Musk, but only for 7 minutes. Max Fosh, a YouTuber with more than 6.4 lakh subscribers, detailed how he pulled this stunt off in a video uploaded on his channel on February 13. He achieved this feat by creating a company - Unlimited Money Limited - with as many as 10 billion shares. The entire thing was a company registration process loophole that the YouTuber exploited for a few minutes. Even if it lasted just 7 minutes, the YouTuber beat Tesla chief Elon Musk to become the richest person in the world. Check out how he actually took the crown off Elon Musk.
“Luckily in the UK it is quite easy to set up a company…You essentially just fill a big old form,” said Fosh, in the beginning of his video as he began filling a digital form on the website of the Companies House, the United Kingdom's registrar of companies. Hilariously, Fosh registered the company’s name as Unlimited Money Limited. Filling the box which asked what the company would be doing, he wrote - making money. However, the website displayed an error and he had to change the response to ‘manufacture of macaroni, noodles, couscous and similar farinaceous products’, even as he admitted he did not know what the word ‘farinaceous’ meant. But this was just the start of the crazy ride, which would soon put him on top of the world rich list.
On the next page, he was asked how many shares he would want to create for his company. Fosh started with a trillion shares but after the website repeatedly rejected it calling it invalid, he settled for 10 billion shares. This was step one for our richest person in the world (even if it was for just 7 minutes). After
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