Elon Musk is about to be worth 300 Billion dollars.

Hov

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At what point do the billions and millions not mater anymore?


Imagine waking up and being able to buy almost anything

I mean, I know athletes that made $20-$30 million years ago and told me they feel like they have so much money that they can't spend it. And no, I'm not talking about young dudes that go broke by 30, these are dudes in 40s that retired and raising families and made pretty solid investments, so I do sometimes wonder how it feels...you can literally go anywhere, buy anything, do anything.
 

Vandelay

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SpaceX will not be a success without substantial government subsidies.

Tesla wasn't profitable without credits until this year.

I always feel like these "net worth" things are misleading to general public.

Because if something cost 2 billion dollars there is a big chance Elon Musk couldn't go into any of his bank accounts and buy that thing lol. Like, could Musk purchase the Dallas Cowboys straight up, no help? Maybe, I could be wrong...

These guys worth are tied up in the stocks, and they couldn't liquidate all of the stock since thats illegal and would crash the market. Like ole Zuck, Bezos etc...they do not have $150 billion of touchable money lol...

Hey, what do I know....

Bingo.

It's the value of his company, not what he actually has access to. If he started selling stocks to get cash he would tank the stock. People; Forbes; need to calculate wealth using Net Worth as one factor, but security, liquidity, and Political Power.

Most new "billionaires" get money through extremely low interest loans, not their stock price.

Banks Are Giving the Ultra-Rich Cheap Loans to Fund Their Lifestyle
 

Nomad1

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Covid helped elevate his wealth. Keep in mind this cac inherited or gifted (cant remember) money which allowed him to be where he is today. He's not some genius businessman that people try to make him out to be.
 

Jalether

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We get it, your uncle tampered with your orifices when u were young
:scust:

So the elders that raised you told you "you can be anything you want in this life when you grow up" and you chose to be a billionaire apologist and poor people hating sociopath:gucci:
I actually feel sorry for you
 
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