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[LectureMaster]

Elon Musk’s Net Worth Tops $400 Billion, a Historic First

Elon Musk, whose wealth has been turbocharged since President-elect Donald Trump’s win last month, became the first person to reach $400 billion in net worth, the latest milestone for the world’s richest individual.

www.bloomberg.com

 

[Pegasus Actual]

But just think about how much richer he could be if he was smart like the average GAFer and knew how to run Twitter!

 

[Tiago Rodrigues]

Disgusting

 

[AJUMP23]

There are 8 billion people on earth. He could give every person in the world a billion dollars and still have 392 billion left.

 

[LectureMaster]

But just think about how much richer he could be if he was smart like the average GAFer and knew how to run Twitter!

 

[LectureMaster]

There are 8 billion people on earth. He could give every person in the world a billion dollars

You mean a dollar, right... Right?

 

[T-0800]

There are 8 billion people on earth. He could give every person in the world a billion dollars and still have 392 billion left.

 

[Kacho]

There are 8 billion people on earth. He could give every person in the world a billion dollars and still have 392 billion left.

 

[Men_in_Boxes]

I heard he was given his 400 Billion in his late teens.

 

[Unknown Soldier]

I still think it's hilarious that these wealthiest person lists only include people with publicly visible wealth, such as equity in companies they founded

Meanwhile estimates of the wealth of the Saudi royal family top $1 trillion but it's not in the media's agenda to ever report that

 

[Drake]

I still think it's hilarious that these wealthiest person lists only include people with publicly visible wealth, such as equity in companies they founded

Meanwhile estimates of the wealth of the Saudi royal family top $1 trillion but it's not in the media's agenda to ever report that

yep, the rumor is that Musk isn't even truly the wealthiest person in the world. I've heard the same about the Saudi's. That there are some worth over a trillion.

 

[Unknown Soldier]

Also I wonder why Bloomberg, the source of the OP's post, never mentions that their founder Michael Bloomberg is worth over $100 billion

 

[Dirk Benedict]

Battle of the hypocrites.

 

[Kraz]

 

[SJRB]

Queue the outraged normies who don’t understand what this means and think he has 400 billion dollars on his bank account, and who somehow always feel that private people should solve government problems (hunger, homelessness, healthcare).

 

[Kraz]

Queue the outraged normies who don’t understand what this means and think he has 400 billion dollars on his bank account, and who somehow always feel that private people should solve government problems (hunger, homelessness, healthcare).

No "normie"(if that means educated, well adjusted person) thinks that he has that money in liquidity.

 

[Kraz]

who somehow always feel that private people should solve government problems (hunger, homelessness, healthcare).

Avoiding partisanship in saying so, it seems he's taken that on for himself with the Government Efficiency position. Not using his personal wealth, of course, but government austerity that will facilitate those issues in America and seal his legacy.

 

[Represent.]

yep, the rumor is that Musk isn't even truly the wealthiest person in the world. I've heard the same about the Saudi's. That there are some worth over a trillion.

Any good YouTube vids on this subject

 

[Tams]

I still think it's hilarious that these wealthiest person lists only include people with publicly visible wealth, such as equity in companies they founded

Meanwhile estimates of the wealth of the Saudi royal family top $1 trillion but it's not in the media's agenda to ever report that

I don't think it's in most people who want to stay alive's interest to make a lot of noise about that.

I quite like my head attached to my neck, thank you very much.

 

[Dacvak]

Bro can I borrow a couple hundred bucks for a PS5 Pro?

 

[FunkMiller]

If he gets petrol powered cars off the road, and reignites the space race, he can have double that for all I care.

 

[sono]

Well done Elon

How do you even manage that never mind spend it

 

[nkarafo]

I wonder how someone so rich and important feels about death.

Meaning, if you are so rich and powerful and your life has so much value... Wouldn't it suck even more how you are still a mere mortal and you will end up like everyone else in the end?

 

[Unknown Soldier]

Well done Elon

How do you even manage that never mind spend it

He has stated publicly before that he plans to spend it all on funding the construction of the Mars colony

There's no real initial commercial value in such a project which is why he anticipates using his personal funds to pay for it

 

[xrnzaaas]

I wonder how someone so rich and important feels about death.

Meaning, if you are so rich and powerful and your life has so much value... Wouldn't it suck even more how you are still a mere mortal and you will end up like everyone else in the end?

I fully expect Musk to start some cryogen company and put himself in cryo sleep before he dies. He'll wait until he can be revived and have his consciousness transferred to a machine.

 

[Kings Field]

Good for him. He gave me and my wife $100 each for signing the petition.

Thanks for the cheese buddy

 

[llien]

If he gets petrol powered cars off the road, and reignites the space race, he can have double that for all I care.

Government regulations is what pushes EVs down consumer throats, not an overpriced company that sells 2 million vehicles annually.

BMW sells more EVs in Europe than Tesla, and that is a premium brand.

 

[Aces High]

BMW sells more EVs in Europe than Tesla, and that is a premium brand.

Yeah about that...

For the first time ever, BMW sold more EVs than Tesla in Europe in Juli 2024. BMW sold 308 vehicles more.

Before that, Tesla was the dominating long-time #1 in Europe for EVs. Model Y even was the best selling car overall in some months, not only best selling EV.

Sources (in German):

BMW stößt Tesla bei Elektroauto-Zulassungen in Europa vom Thron - electrive.net

Genau 14.869 Elektroautos konnte BMW im Juli in Europa absetzen und damit knapp mehr als Tesla (14.561). Das berichten die Marktbeobachter von JATO Dynamics.

www.electrive.net

Absatzzahlen Elektroautos - Modelle in Europa 2024 | Statista

Wie entwickeln sich die Verkaufszahlen von Elektroautos in Europa? Beim Absatz von Elektroautos ist das mit Abstand meistverkaufte E-Auto das Model Y von Tesla.

de.statista.com

 

[thefool]

Most of it is equity, that should put things into perspective.

 

[DKehoe]

Obviously he's quite a divisive person on a personal level. But he's done a lot to push the development of electric cars and space travel forward and those can be hugely beneficial for our future.

 

[Tiago Rodrigues]

Obviously he's quite a divisive person on a personal level. But he's done a lot to push the development of electric cars and space travel forward and those can be hugely beneficial for our future.

In what way?

 

[GHG]

In what way?

If you're specifically asking about space travel - it's because our species has a single point of failure at the moment, that will need to change at some point.

 

[DKehoe]

In what way?

I don't even necessarily mean any specific plan he has for a Mars base or anything like that. But, in general, advancing our ability to explore space is a good thing for us as a species right?

 

[crazepharmacist]

yep, the rumor is that Musk isn't even truly the wealthiest person in the world. I've heard the same about the Saudi's. That there are some worth over a trillion.

While not topping any all time lists, the leaders of Hamas are also billionaires. The media doesn’t like to talk about that either. All that aid money we send goes straight into their pockets.

 

[jufonuk]

Queue the outraged normies who don’t understand what this means and think he has 400 billion dollars on his bank account, and who somehow always feel that private people should solve government problems (hunger, homelessness, healthcare).

Well My mum says I’m priceless. Take that Musk

 

[NeoGiffer]

 

[sono]

He has stated publicly before that he plans to spend it all on funding the construction of the Mars colony

That is very cool and all

But I am asking how do you personally manage that level of wealth. You would need a tree structure of financial managers ?

It is not as though you phone you local branch to check how the interest on the capital is doing

 

[Punished Miku]

He's just like us. I heard he leveled his Elden Ring to 117.

 

[Tams]

Tesla drivers are up there with BMW and Audi drivers for being absolute wankers here in the UK. And Teslas in particular are too wide for our country roads.

Anyway, EVs are overall great, but advocates far too readily handwave away the many issues.

 

[Pejo]

At least he's publicly putting that wealth into tech that will advance humanity. Electric cars/reusable rockets/planning for Mars/neural implants/robot maids, etc. Not that different of a list than what I'd use money for if I was incredibly wealthy. You don't have to like his views to admit that he's been a net good in a lot of fields.

 

[Hookshot]

Never let anyone tell you that African Americans are poor and need help ever again.

 

[AJUMP23]

There are 8 billion people on earth. He could give every person in the world a billion dollars and still have 392 billion left.

This guy gets it. HE knows that sharing is a caring.

 

[Punished Miku]

At least he's publicly putting that wealth into tech that will advance humanity. Electric cars/reusable rockets/planning for Mars/neural implants/robot maids, etc. Not that different of a list than what I'd use money for if I was incredibly wealthy. You don't have to like his views to admit that he's been a net good in a lot of fields.

You can tax that wealth and have people democratically vote for representatives that are involved in deciding how to reinvest it for humanity. Or we can just hope for a benevolent king.

 

[Pejo]

You can tax that wealth and have people democratically vote for representatives that are involved in deciding how to reinvest it for humanity. Or we can just hope for a benevolent king.

I get what you're saying, but have you seen how the government "works"? Look at NASA. One dude with a lot of money has a lot less bureaucracy to deal with and a lot less things standing in the way of actually getting something out the door. I'd like to see some of these things happen before I die.

 

[AJUMP23]

You can tax that wealth and have people democratically vote for representatives that are involved in deciding how to reinvest it for humanity. Or we can just hope for a benevolent king.

Taxation has seen to benefit those making the rules more than those the elect the rule makers.

 

[jufonuk]

Never let anyone tell you that African Americans are poor and need help ever again.

 

[V1LÆM]

shouldn't be allowed. nobody needs that much money. nobody needs 0.01% of that much money.

of course that's not how much money he has in the bank to spend at a moments notice. a lot of the value is tied up in whatever shares he has. still... whatever he does have then it's still more than he needs.

 

[Punished Miku]

Taxation has seen to benefit those making the rules more than those the elect the rule makers.

Well you have to ban special interest influence and legalized bribery. You have to fix how government works to make it more responsive to voters. This is assuming anyone cares about people having representation. Having individual people with this much wealth is going in the wrong direction. If people want that, that's their opinion - but it's literally the antithesis of democracy. Oligarchy is a word for a reason. At the rate billionaire wealth is doubling, we'll just have a pair of trillionaires own an entire country in 20 years. There is nothing you can even buy at that level of wealth except functions of government. No one makes products for people with this much money. You're just replacing entire arms of the government with one person. Anyway, people seem into it so whatever. Weiland-Yutani 2040!

 

[AJUMP23]

No one makes products for people with this much money.

 

[Punished Miku]