A YouTuber named Max Fosch became the richest person in the world in just seven minutes. His net worth is said to be almost twice that of Tesla founder Elon Musk.
British YouTuber Max Fosch became the world’s richest person in just seven minutes! He also surpassed Elon Musk, the founder of the American company Tesla. You were shocked to read this title, so read the whole story that how all this happened?
Max Fosch has over six lakh followers on YouTube. He has made a video of eight and a half minutes. Uploading the video to his channel, Max has told how he left Elon Musk behind!
The video shared by Max has been viewed more than 5.75 lakh times so far. He says in that video, ‘If I made ‘Unlimited Money Limited’ a company of about 10 billion shares. Registered it and sold it for £50 a share, my company would technically be worth £500 billion. In this way, I will become the richest man in the world, completely overtaking my nearest rival Elon Musk. After this, in the video, Max shouts, ‘But this is a vicious cycle, I can be accused of fraud. This is not right.’
It usually takes two days to register a new company in England and Wales, but Max’s company ‘Unlimited Money Limited’ gets registered within minutes of applying. Amazed by the speed and promptness of registration, he shares his company certificate. In this way his company Unlimited Money Limited becomes an official company.
After this, he prepares to look like the richest man in the world. He tries to remove one of his suits from the laundry bag. After wearing it, he goes to the capital market and sets up his table. Covers her with a bedsheet and sits down. During this, he looks dull in his suit, tie and glasses. But instead of getting disappointed, he starts shouting to invite and entice the passing investors. He describes them as ‘investment opportunities’. In the meantime, he does not forget to give the moral and legal advice that ‘it is not a very financially safe investment’.
After much effort, a woman agrees to buy shares of his company for 50 pounds. Max then completes the paperwork and goes to an evaluation consultant. Two weeks later, the valuation advisor sends him a letter saying, “According to the documents and information provided to us, the market cap of Unlimited Money Limited is estimated at £500 billion.”
But Max’s trust is quickly shattered, as the company actually has no money or assets to prove this valuation. In this way he technically becomes accused of a fraud.
Now set free from this guilt, he undertakes the arduous task of finding the woman who had bought a share of his company, as her permission was required to dissolve the company. This is the way the valuation advisor suggests him to dissolve the company. In the meantime, he got the woman’s email and reached out to her. In the end, with the permission of the woman, he dissolves the company.
This video has received 49 thousand likes. More than 1400 have commented on it. People made different comments. One also wrote that by investing in this way, money can be lost in the shortest possible time.
In fact, through this video, along with the beautiful dream, Max is also drawing attention to the fraud taking place in the stock and capital market. In fact, he neither overtook Elon Musk nor did he become the richest man in the world.
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