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I hope someone viciously kills him before it can happen.
Like, to be clear I am not threatening or anything, but no such thing as a trillionaire should exist, and it's absolutely something that should be punished.
There is no moral way to get there.
Past returns are no guarantee of future success. How many damn times do financial people have to say this?
Given that they've implicitly sampled only the most successful past performers to start with, I'm going to say this is a rare case where the gambler's fallacy works. More likely than not, his future returns will be lower.
I heard he is the world's richest pedophile, finally!
I hope he's dead by 2027.
I hope he's dead ~~by 2027~~.
I genuinely wonder how this creep keeps failing upward
In higher circles, wealth is considered a measure of competence.
It is a core tenet of capitalism: "Well if he's such a bad businessman, why is he so rich?"
One of the ways they hide their incompetence is buying the talents of other, actually skilled people.
Another is ostentatious displays of wealth to impress other members of the owner class of your absolute flushness of cash and calmness of mind to keep faith in whatever your schemes are this week to stay relevant
Billionaires should not exist, and a trillionaire is simple an abomination
If you are ever confused about how someone magically is making stuff work for them - it means you're missing information. Maybe that's because the other person is lying or doing something illegal. I would guess Musk has some very interesting deals going on with places like Saudi Arabia.
"sink Twitter and we'll give you some preferential deals"
Investment-wise, luck. If you had 100 billion and put it all on one risky stock, you too could fail upwards, around half the time.
Public persona-wise, he's basically a professional media villain. He's invited to comment and interview on things because it will always get clicks, even if they're hate clicks.
Pays a good PR team.
Will still take a while before his real antics reach the mainstream masses.
🤑
Right now, if he were able to convert all of his $241.8B to cash, then distribute it evenly among all of the employees at all of his companies, he could give each of his 146,000 employees $1.6M.
No one person should be that wealthy. I don't necessarily think that billionaires should be abolished, but I do think they should be paying a shit load more in taxes than they are.
Also, before anyone says it, yes, I know it's not as simple as converting his holdings to cash. I'm just saying "if it were possible".
Right now, if he were able to convert all of his $241.8B to cash, then distribute it evenly among all of the employees at all of his companies, he could give each of his 146,000 employees $1.6M.
Fun fact that this doesn't work for every billionaire. Tech companies don't employ very many people compared to their revenue.
If you go by by profits returned to owners as opposed to sale value it's even more stark. Amazon still hasn't paid out anything; it's all been plowed straight back into expansion.
I don’t necessarily think that billionaires should be abolished,
To piss off the remaining side of the political spectrum: Why not?
Wow! Great! So he'd be the first trillionaire in a nuthouse. And by nuthouse i do not mean the USA.
I’ll believe it when I see it. He made his good financial decisions when he wasn’t full mask-off insane, since his wife left him and his daughter disowned him he’s had more important things to deal with, like wasting his money turning back the clock so neither of them have any rights anymore. Currently he is just banking off of those good early decisions.
I won’t speak to the specific financials of his companies, but I don’t see him maintaining his current growth rate while so distracted for much longer. I also see his attachment to companies as a growing impediment, not an asset.
Nobody actually beats the market. I'm pretty sure the insanity was there all along; he just got lucky several times in a row.
Nobody actually beats the market.
Nancy Pelosi has entered the chat.
The only way this would be conceivable is if FSD actually worked, the robot works and change everything we know, or spacex is sending hundreds of ships to Mars each window.
Doesn't seem possible, nor do I think solving only 1 of the above makes it possible.
Edit: or we wait long enough for inflation to make today's assets at a future inflated value be worth that much without losing any of it in the meantime...
One second ago I put a dollar on my dresser. That's on pace to be 30 million in a year.
We all knew the trillionaires were coming, only a matter of time. Still this is depressing
Sounds like someone paid for an article
Meanwhile countless innocent, hard working, and good people are forced into being victims of genocide, abuse, homelessness, hunger, disease, slavery and more. All because the greed of the rich can never be satisfied. Bring out the guillotines.
I bet Leon is delicious.
Not going to be possible with the rate Twitter is going out of business and Tesla cars are stagnating.
I hate this fucking planet so goddamn much
Hey ey ey, don’t go getting all testy with the planet because of some fuckwit humans.
Tax Elon.