unilad homepage
unilad homepage
    • News
      • UK News
      • US News
      • World News
      • Crime
      • Health
      • Money
      • Sport
      • Travel
    • Music
    • Technology
    • Film and TV
      • News
      • DC Comics
      • Disney
      • Marvel
      • Netflix
    • Celebrity
    • Politics
    • Advertise
    • Terms
    • Privacy & Cookies
    • LADbible Group
    • LADbible
    • SPORTbible
    • GAMINGbible
    • Tyla
    • UNILAD Tech
    • FOODbible
    • License Our Content
    • About Us & Contact
    • Jobs
    • Latest
    • Archive
    • Topics A-Z
    • Authors
    Facebook
    Instagram
    X
    Threads
    TikTok
    YouTube
    Submit Your Content
    YouTuber Explains How He Became Richest Person In The World For 7 Minutes

    Home> News

    Updated 19:50 6 May 2022 GMT+1Published 19:51 6 May 2022 GMT+1

    YouTuber Explains How He Became Richest Person In The World For 7 Minutes

    YouTuber Max Fosh explains how he became the richest person in the world for a few minutes.

    Shola Lee

    Shola Lee

    google discoverFollow us on Google Discover

    YouTuber Max Fosh has explained how he became the richest person in the world for just seven minutes.

    For the same amount of time it takes you to nip to the corner shop, Fosh claimed to be richer than Elon Musk – and by quite a margin.

    The Tesla CEO sits on a dragon's hoard of wealth, with his net worth projected to be $265 billion; Fosh, however, has made that amount look ridiculous, claiming to have amassed nearly double that in little more than seven minutes.

    So, how did he do it?

    Well, he started by making a fake company. That's right, this probably isn't the most legitimate rags to riches story you'll ever hear, but at least it's entertaining.

    Advert

    Setting out to become the richest person in the world, Fosh registered his mock company, 'Unlimited Money Limited' to Company House via their online form.

    While the company name was a solid 10, the business plan dwindled somewhat.

    When Fosh was asked what the company would be doing, he chose the option: "Manufacture of macaroni, noodles, couscous and similar farinaceous products."

    Next was registering shares, and this proved to be an integral part of Fosh's plan, with the content creator choosing the maximum number of shares available for a company in the UK (10 billion).

    Fosh trying to round-up investors in the financial district.
    Max Fosh/YouTube

    A short while later, the company's official certificate came through and Fosh set off to the financial district to 'sell shares'.

    Suited up and standing by a very dodgy-looking table, Fosh approached potential investors, explaining: "I've set up a company and I've issued 10 billion shares in that company.

    "I'm trying to sell one share for £50. Thus, valuing the company at £500 billion."

    And, what's probably most impressive about this whole thing, is that he got someone to invest, with a passerby getting cash out and signing a stock transfer form.

    Fosh then sent off the necessary documentation for valuation, to settle whether or not he was now the richest man in the world.

    Two weeks later, he had his answer.

    Fosh receiving documentation for his company, Unlimited Money Limited.
    Max Fosh/YouTube

    "The market cap of Unlimited Money has been assessed as £500 billion."

    While this would technically make Fosh the richest man in the world, there was a big drawback; as his company has no revenue to back up the valuation, he was 'technically being accused of fraud'.

    The valuators ended their letter by saying: "There is a high likelihood that you are now being accused of fraudulent activity. It is for this reason we highly recommend Unlimited Money Limited is dissolved as a matter of urgency."

    Fosh then frantically tried to close the company, but to do that you need permission from your shareholders.

    So, he got back in touch with the one person kind enough to invest – and so ends the tale of how Fosh became *sort of* the richest man in the world for a few minutes.

    You probably shouldn't try this yourself.

    If you have a story you want to tell, send it to UNILAD via [email protected]  

    Featured Image Credit: Max Fosh/Alamy

    Topics: Money, Viral, YouTube

    Shola Lee
    Shola Lee

    Shola Lee began her journalism career while studying for her undergraduate degree at Queen Mary, University of London and Columbia University in New York. She has written for the Columbia Spectator, QM Global Bloggers, CUB Magazine, UniDays, and Warner Brothers' Wizarding World Digital. Recently, Shola took part in the 2021 BAFTA Crew and BBC New Creatives programme before becoming a journalist at UNILAD, where she works on breaking news, trending stories, and features.

    Advert

    Advert

    Advert

    Choose your content:

    9 mins ago
    an hour ago
    2 hours ago
    •  (Photo by Rudy Carezzevoli/Getty Images)
      9 mins ago

      Woman who worked as Mickey Mouse at Disney details week-long training she went through for the role

      Training to become Mickey mouse involves an intensive Disney history course

      News
    • Getty Stock Images
      an hour ago

      Doctor warns of four everyday habits that could be increasing your risk of cancer

      Research has found that 11 types of cancers are rising in young people

      News
    • Lokman Vural Elibol/Anadolu via Getty Images
      an hour ago

      Canadians ditch US travel for three domestic cities after Trump's '51st state' threat

      More Canadians are avoiding traveling to America and instead heading to three popular cities on their side of the border

      News
    • Debra L Rothenberg/WireImage
      2 hours ago

      Barack Obama addresses Trump posting racist video of him and Michelle Obama as apes

      The former president said he was 'always offended' when his wife and kids were 'dragged into things'

      News
    • Elon Musk is officially the world’s richest person again
    • Man diagnosed with autism at 42 explains how he was misdiagnosed by doctors for years
    • Family who live at Disney World for half the year reveal costs involved
    • Man who became richest person in the world for two minutes with $92,233,720,368,547,800