Bitcoin Forum

Economy => Economics => Topic started by: Gozie51 on October 16, 2021, 05:04:00 PM



Title: Elon musk now the richest man in earth
Post by: Gozie51 on October 16, 2021, 05:04:00 PM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

https://i.imgur.com/xRYNORz.jpghttps://i.imgur.com/VLNJS8t.jpg

https://i.imgur.com/5CxH3dO.jpg

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?


Title: Re: Elon musk now the richest man in earth
Post by: nakamura12 on October 16, 2021, 05:35:18 PM
Elon may sustain it for longer time but there's always an end to every beginning much like Bill Gates where he is the world's most richest man on earth but later on didn't became the world's most richest person on earth but still on the top 10 though. We won't know for how long elon will keep the title of being the world's richest person on earth. Only time will tell.


Title: Re: Elon musk now the richest man in earth
Post by: BITCOIN4X on October 16, 2021, 06:26:38 PM
I don't know when it will end but for sure it will still be replaceable. Remember that the wheel is always turning and the world wealth rankings can also be changed. Elon Musk can still be replaced by someone else in the future like he replaced Warren Buffett and Bill Gate as the richest person in the world although it will take time.

Elon is an investor as well as a businessman so he has a good master plan to maintain and increase his wealth through various businesses. Currently he is quite active as a crypto investor, in the future maybe he can just walk away from this crypto after reaping so many profit and wrestle with other fields. It's just a matter of time, we don't know if he can really keep it up for long.


Title: Re: Elon musk now the richest man in earth
Post by: BIT-BENDER on October 16, 2021, 07:30:46 PM
Bill gates current Position on the richest men list is one he hasn't been for over thirty years, that's three decades so we don't know if he would come back from it.
Elon musk biggest rival for the richest man in the world is nit bill gates, rather the Amazon chief, Jeff bezos, and I think Elon musk won't be at the top for months, his stocks will still drop, and Jeff bezos stocks would rise and there would be hand over of richest man in the world from Elon to Jeff, but I know bill gates reign is over I don't think we would see him at number one again for a very long time.


Title: Re: Elon musk now the richest man in earth
Post by: TheNineClub on October 16, 2021, 07:37:32 PM
If he keeps financing his projects then he very well may not stay in that position, but that would be the point of all that wealth, to spend it. So as long as he is spending it on doing what he likes, I doubt the positioning matters to him. And if he slips out of that position due to him spending on projects, he might very well get back if any of those projects becomes big.


Title: Re: Elon musk now the richest man in earth
Post by: jaysabi on October 16, 2021, 08:05:21 PM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

https://i.imgur.com/xRYNORz.jpghttps://i.imgur.com/VLNJS8t.jpg

https://i.imgur.com/5CxH3dO.jpg

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?

It's primarily based on Tesla stock, so his fortune is tied very much to what Tesla's stock price does.  My own opinion is Tesla is disgustingly overvalued.  It's valued like it's the only EV maker in the world and given tech company multiples instead of automobile multiples, so as competition ramps up and Tesla continues to have quality and safety problems, this stock will eventually run into reality.  Same for Elon's net worth.


Title: Re: Elon musk now the richest man in earth
Post by: wxa7115 on October 16, 2021, 08:57:33 PM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
No one knows for how long he will be able to keep up that position, we must remember that in the case of people so rich most of their fortune is invested in their companies.

This means that if for some reason the stocks of his companies begin to fall then his wealth is going to be compromised. Also it is difficult for this spot to be maintained because unlike Buffett  which is mainly an investor, Elon Musk is an innovator and the moment his companies stop innovating or they do it at a slower rate then once again the price of his stocks could go down and he could lose that position really quickly.


Title: Re: Elon musk now the richest man in earth
Post by: Ultegra134 on October 16, 2021, 09:08:40 PM
This man is a phenomenon, he's a true businessman, whether you like it or not. It's surprising that he reached the top within a few years, surpassing the wealthiest of all. He used to be involved in the most renowned companies, such as PayPal, in which he was a co-founder. I know that he has pissed the crypto community off, but this man is a true genius.


Title: Re: Elon musk now the richest man in earth
Post by: jaysabi on October 16, 2021, 09:21:35 PM
This man is a phenomenon, he's a true businessman, whether you like it or not. It's surprising that he reached the top within a few years, surpassing the wealthiest of all. He used to be involved in the most renowned companies, such as PayPal, in which he was a co-founder. I know that he has pissed the crypto community off, but this man is a true genius.

It's literally taken him his whole life to get as rich as he is, what are you talking about with "a few years."  People who build world-changing companies are often billionaires.  That's how capitalism works.  It's been this way since the Rockefellers and Vanderbilts and Morgans of the world first amassed huge fortunes for building such world-changing companies, and it continues today with the Gates and Buffets and Musks of the world.  But none of it was done "in a few years."  It took all of them literally their whole lives to get as rich as they did.


Title: Re: Elon musk now the richest man in earth
Post by: GubiMixa1292 on October 16, 2021, 10:13:49 PM
Elon Musk can still be replaced by someone else in the future like he replaced Bill Gate as the richest man in the world although it will take a long time. Recently the rankings have gradually changed as they are. We see that today could be Elon Musk, tomorrow could be Jeff. In the future there is a possibility that Jeff Bezos has significant gains in stocks and conversely Elon Musk will not be at the top for many months his stock will remain down this will always change over time but at least he is still in the top 10 of the richest people in the world.


Title: Re: Elon musk now the richest man in earth
Post by: eaLiTy on October 16, 2021, 10:28:47 PM
~
My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
It all depends upon how well his Tesla and SpaceX stock will rally and the new found billions is because of the rally in his stock market. I really do not care if he sustains the wealth or not and the reason i am not a big fan of Elon Musk is because of the constant shilling in the cryptocurrency space and the number of investors who lost a ton of money because of his shilling degrades everything he does.


Title: Re: Elon musk now the richest man in earth
Post by: Hippocrypto on October 16, 2021, 10:56:27 PM
Elon Musk would sustain to be one of the richest man in the world same with Bill Gates was, and despite challenges he had faced I think he'd able to manage those barnacles.
However, he couldn't overtake the richest of Bill Gates because he's the top one of all of them but that's not impossible if Elon's projects will soon take off to it's most potential. We don't know how long it will take, that depends on current progress and I believed cryptocurrency who's backed up by this man would also soar someday.


Title: Re: Elon musk now the richest man in earth
Post by: sheenshane on October 16, 2021, 11:43:05 PM
IMO, there's no permanent in this world, anyone could be overtaken by Elon Musk's position and it could be Bill Gates that can get back his position since last year Elon Musk was overtaking the position from Bill Gates and announced his number richest man on earth.

But I think Elon Musk has more wealth than Bill Gates, I saw articles that Elon Musk's wealth was worth more than Bill Gates and Warren Buffet if they combined.  I can't imagine how rich this man and that's why he can able to manipulate the crypto market space.  Rich people become rich because they can invest more as much h as they can.


Title: Re: Elon musk now the richest man in earth
Post by: livingfree on October 16, 2021, 11:59:11 PM
This is the race where many are interested about, knowing the richest man on Earth and how long he is going to remain. Well, he's really someone special, removing the conflict about his stance before the market.

I think he'll sustain it pretty well especially that there's a massive business and improvement that he's bringing to the people. If his businesses starts to expand like many other countries will be able to important Tesla cars then that'll make him massive sales.

As I know about his other product such as Starlink, it's already being considered in my country by some idealists who really likes it but it costs too much for me.


Title: Re: Elon musk now the richest man in earth
Post by: johnyj on October 17, 2021, 12:33:57 AM
My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?

They are definitely not the richest person on earth, far from it. The wealth they hold is barely a few week's QE of one of the many central banks. I also remember a few months ago, there is a report claiming that one trader's position in an exchange is larger than all their wealth.


Title: Re: Elon musk now the richest man in earth
Post by: FairUser on October 17, 2021, 12:45:33 AM
This helps me to see that money is not everything, even though Elon has more money than Bill Gates and Warren Buffett, I still see the influence that Bill Gates and Warren Buffett create more than Elon. Actually, I think this position will soon be replaced by another billionaire in the near future, but anyway, I think I should feel happy to see such people exist and contribute to the development of the World. 


Title: Re: Elon musk now the richest man in earth
Post by: adaseb on October 17, 2021, 03:57:11 AM
He should enjoy while it lasts. Hard times coming soon.

Even if this is true i am pretty sure his off spring and their off spring are well settled financially. Even if he is left with a billion, that is still more money that he can ever spent in a life time.

Sure most of his wealth is tied to his Tesla stock holdings. And it’s possible there might be a larger pullback in the markets and he can lose tons of his billions but I don’t think he would really care.

You think Bill Gates cares that he is no longer the riches or Warren Bufffet, obviously they don’t.


Title: Re: Elon musk now the richest man in earth
Post by: jaysabi on October 17, 2021, 03:58:50 AM
~
My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
It all depends upon how well his Tesla and SpaceX stock will rally and the new found billions is because of the rally in his stock market. I really do not care if he sustains the wealth or not and the reason i am not a big fan of Elon Musk is because of the constant shilling in the cryptocurrency space and the number of investors who lost a ton of money because of his shilling degrades everything he does.

He wasn't shilling, he was trolling.  Anyone who lost money buying doge deserved their losses.  Guess some people just have to learn the hard way that FOMOing into garbage investments is risky, especially if they're not smart enough to realize it's a stupid move on their own.  Does Elon trolling idiots degrade the work he does at Tesla or SpaceX?  Lol, no.  He's got some major personality defects, but there's no denying the world-changing work he's doing.


Title: Re: Elon musk now the richest man in earth
Post by: cabron on October 17, 2021, 04:27:50 AM

I'm sure he can sustain. He does have Bitcoin more than anyone. If Bitcoin will really become $100K, he still going to be rich even if the value of his Billions in fiat is driping.

Keeping his place on top is difficult to do, there's always going to be a better one coming in few years. But why does he need to be on top all the time, he can move to mars he wanted to invade that planet, I'm sure not any Chinese have a residence there yet.





Title: Re: Elon musk now the richest man in earth
Post by: michellee on October 17, 2021, 04:29:08 AM
This helps me to see that money is not everything, even though Elon has more money than Bill Gates and Warren Buffett, I still see the influence that Bill Gates and Warren Buffett create more than Elon. Actually, I think this position will soon be replaced by another billionaire in the near future, but anyway, I think I should feel happy to see such people exist and contribute to the development of the World. 
Money is not everything but without money, we can not buy something to survive. Bill Gates and Warren Buffett are still more popular than Elon and yes, that position will change soon with new people who can become billionaires. But Elon will have a chance to increase his wealth because he is younger than Bill Gates and Warren Buffett and besides that, he can expand his business to many things to help him make more money.


Title: Re: Elon musk now the richest man in earth
Post by: xSkylarx on October 17, 2021, 07:32:41 AM
This helps me to see that money is not everything, even though Elon has more money than Bill Gates and Warren Buffett, I still see the influence that Bill Gates and Warren Buffett create more than Elon. Actually, I think this position will soon be replaced by another billionaire in the near future, but anyway, I think I should feel happy to see such people exist and contribute to the development of the World. 
Money is not everything but without money, we can not buy something to survive. Bill Gates and Warren Buffett are still more popular than Elon and yes, that position will change soon with new people who can become billionaires. But Elon will have a chance to increase his wealth because he is younger than Bill Gates and Warren Buffett and besides that, he can expand his business to many things to help him make more money.

He also has a brilliant mind that is constantly innovating, which could lead to a brighter future. Consider what Elon Musk wants to accomplish in terms of technology and space travel, both of which could be extremely beneficial to humanity. Yes, he is still young and has a lot of time to make money, which Warren Buffett and Bill Gates do not have. I believe that this is not the pinnacle of Elon Musk's career; he has yet to earn more and contribute to causes that will benefit humanity.


Title: Re: Elon musk now the richest man in earth
Post by: so98nn on October 17, 2021, 10:18:58 AM
Elon will have more billions in the coming years and the nearest one is by 2022 first quarter. He will definitely get funded and invested by many after he moves close to the SpaceX launch for the first manned mission. The project is set to be completed by first quarter so just few months left when you will see his money driving crazy. Elon is man of multiple income sources with almost all of them are reasonable good projects. He is one of the standee whose got whole private space research company which at its best. With NASA's collaboration they are actually at perfect place and time. Elon will surely hold his position for very very long time.


Title: Re: Elon musk now the richest man in earth
Post by: Victorycoin on October 17, 2021, 11:20:52 AM
Elon Musk will not last long elon musk has entered a new stratosphere over the past few years as tesla has grown and come close to achieving a mission, he said adding that it is not entirely economical. Whether the issue is automobile conversion or conquering the next frontier of space elon musk has shown a skill to fascinate investors and viewers outside of science. Tesla's ceo who is the richest man in the world after the rise of the meteorite of the electric automaker.


Title: Re: Elon musk now the richest man in earth
Post by: michellee on October 17, 2021, 12:16:32 PM
This helps me to see that money is not everything, even though Elon has more money than Bill Gates and Warren Buffett, I still see the influence that Bill Gates and Warren Buffett create more than Elon. Actually, I think this position will soon be replaced by another billionaire in the near future, but anyway, I think I should feel happy to see such people exist and contribute to the development of the World. 
Money is not everything but without money, we can not buy something to survive. Bill Gates and Warren Buffett are still more popular than Elon and yes, that position will change soon with new people who can become billionaires. But Elon will have a chance to increase his wealth because he is younger than Bill Gates and Warren Buffett and besides that, he can expand his business to many things to help him make more money.

He also has a brilliant mind that is constantly innovating, which could lead to a brighter future. Consider what Elon Musk wants to accomplish in terms of technology and space travel, both of which could be extremely beneficial to humanity. Yes, he is still young and has a lot of time to make money, which Warren Buffett and Bill Gates do not have. I believe that this is not the pinnacle of Elon Musk's career; he has yet to earn more and contribute to causes that will benefit humanity.
I admitted that he is a man with a brilliant mind and he also has money to achieve what he wants with or without others. If Elon can do many things his age, he will gain more popularity than Bill Gates and Warren Buffett. But with a note that he should do it with the right to make people will like what he does.

If he can help more people without thinking about popularity, the popularity will come to him automatically at the right time and all of them will see what he did. That will give him more respect because he is not thinking or doing that for the money.


Title: Re: Elon musk now the richest man in earth
Post by: finaleshot2016 on October 17, 2021, 12:22:37 PM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

https://i.imgur.com/xRYNORz.jpghttps://i.imgur.com/VLNJS8t.jpg

https://i.imgur.com/5CxH3dO.jpg

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
Let's face it: Elon Musk is a clever individual who has even manipulated the market to his advantage. He's a businessman, and being a businessman necessitates a lot of sensible judgments, and I believe he's excellent at it and can continue to be the world's richest man. He's giving it his all and making a lot of money for it. I dislike how he acts at times, but I can't deny that he's one of the brightest minds in cryptocurrency history for what he have done recently.


Title: Re: Elon musk now the richest man in earth
Post by: wahyu wida on October 17, 2021, 01:20:39 PM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

https://i.imgur.com/xRYNORz.jpghttps://i.imgur.com/VLNJS8t.jpg

https://i.imgur.com/5CxH3dO.jpg

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
Let's face it: Elon Musk is a clever individual who has even manipulated the market to his advantage. He's a businessman, and being a businessman necessitates a lot of sensible judgments, and I believe he's excellent at it and can continue to be the world's richest man. He's giving it his all and making a lot of money for it. I dislike how he acts at times, but I can't deny that he's one of the brightest minds in cryptocurrency history for what he have done recently.
right, on the other hand Elon Musk makes a lot of people suffer for it, but on the other hand he is a smart thinker who can take advantage of opportunities that make him rich in the near term. of course he uses his influence to influence the minds of many people to follow what he says, after being hypnotized and he manipulates the market to make a market pump, and after that he harvests


Title: Re: Elon musk now the richest man in earth
Post by: geegaw on October 17, 2021, 02:12:15 PM
Elon Musk is a great entrepreneur because he has been able to generate huge profits from the growth of increasingly developing technologies such as the technological innovations presented by Tesla which have been able to attract the interest of people around the world and thus made the company successful and succeeded in making Elon Musk as the richest person in the world, but I don't think Elon Musk will last long in that position.
Well, Elon Musk is also called the greatest traitor and the most extravagant in crypto as well as his obnoxious attitude on the world economic stand,  he has repeatedly proven himself to have special and crazy thoughts about Tesla's investment and development direction in technology but just a few days later such arguments will be rescinded by him and quite a few followers have lost money from this unusual angle. But there is no denying the wealth of Elon Musk, but I believe quite a few people have a mysterious and undisclosed source of wealth, sometimes richer than Elon Musk but concealed with the intention of tax evasion and the pursuit of the law.


Title: Re: Elon musk now the richest man in earth
Post by: Ultegra134 on October 17, 2021, 03:18:33 PM
This man is a phenomenon, he's a true businessman, whether you like it or not. It's surprising that he reached the top within a few years, surpassing the wealthiest of all. He used to be involved in the most renowned companies, such as PayPal, in which he was a co-founder. I know that he has pissed the crypto community off, but this man is a true genius.

It's literally taken him his whole life to get as rich as he is, what are you talking about with "a few years."  People who build world-changing companies are often billionaires.  That's how capitalism works.  It's been this way since the Rockefellers and Vanderbilts and Morgans of the world first amassed huge fortunes for building such world-changing companies, and it continues today with the Gates and Buffets and Musks of the world.  But none of it was done "in a few years."  It took all of them literally their whole lives to get as rich as they did.
He wasn't always that famous, I never implied that what he has achieved was accomplished within a few years. He was always a phenomenal businessman, but he became renowned in the last few years, I'd say a good two decades, with the creation of Tesla, SpaceX, while he was also a co-founder of PayPal. I never meant to imply what you said, maybe I didn't phrase it correctly, I just meant that he wasn't always that known.


Title: Re: Elon musk now the richest man in earth
Post by: Poker Player on October 17, 2021, 03:53:28 PM
It's primarily based on Tesla stock, so his fortune is tied very much to what Tesla's stock price does. 

Many people do not understand this. It is thought that a rich person who has 5 billion net worth, has them as cash, and the truth is that if he has them mostly in shares, and tried to sell them massively, it would cause a considerable drop in the share price, and he would have to pay taxes, so he would have much less. But well, having that wealth ensures him a high lifestyle, even if he is short of cash, as Elon likes to go, the banks welcome him with open arms and give him plenty of loans.



Title: Re: Elon musk now the richest man in earth
Post by: Anonylz on October 17, 2021, 05:36:54 PM
This man is a phenomenon, he's a true businessman, whether you like it or not. It's surprising that he reached the top within a few years, surpassing the wealthiest of all. He used to be involved in the most renowned companies, such as PayPal, in which he was a co-founder. I know that he has pissed the crypto community off, but this man is a true genius.

He is a very smart and clever business man who is willing to go the extra mile to get to the top, he cleverly uses crypto on his way to the top, the difference between Elon and the likes of gate and buffet is that Elon is diverse, he even had to invest in crypto to achieve his goal despite his initial statement regarding crypto investment, I don't think we can say the same for the other 2 gentlemen  :D
So in any case, if the spotlight is something he desires more, he will definitely find a way of staying there for as long as he can.


Title: Re: Elon musk now the richest man in earth
Post by: albon on October 17, 2021, 05:45:28 PM
This is what Elon Musk deserves to become the richest man in the world. He is a smart and daring businessman with great ambitions that resemble fantasy dreams. He wants to colonize Mars and implant artificial intelligence in the brains of humans and many other aspirations. He is also fond of cryptocurrencies and investing in them, and his wealth can manipulate the crypto market at any time. He is a renewed person with his ideas and goals, not like other businessmen and billionaires.


Title: Re: Elon musk now the richest man in earth
Post by: pinggoki on October 17, 2021, 07:41:24 PM
I'm interested less of what he is worth but of what he is capable of and is willing to provide for the future of humanity. So far he's good on my book, spearheading the species to its first interplanetary exploration and habitation, remodeling rockets to be cost efficient and safer than our conventional ones that are basically like airplanes strapped with bombs, plus the fact that he is at least showing respect and support for cryptocurrencies he deems will be the future of money. His actions may perplex many but as long as they serve the greater good, I'm okay with him.
This man is a phenomenon, he's a true businessman, whether you like it or not. It's surprising that he reached the top within a few years, surpassing the wealthiest of all. He used to be involved in the most renowned companies, such as PayPal, in which he was a co-founder. I know that he has pissed the crypto community off, but this man is a true genius.

It's literally taken him his whole life to get as rich as he is, what are you talking about with "a few years."  People who build world-changing companies are often billionaires.  That's how capitalism works.  It's been this way since the Rockefellers and Vanderbilts and Morgans of the world first amassed huge fortunes for building such world-changing companies, and it continues today with the Gates and Buffets and Musks of the world.  But none of it was done "in a few years."  It took all of them literally their whole lives to get as rich as they did.
He wasn't always that famous, I never implied that what he has achieved was accomplished within a few years. He was always a phenomenal businessman, but he became renowned in the last few years, I'd say a good two decades, with the creation of Tesla, SpaceX, while he was also a co-founder of PayPal. I never meant to imply what you said, maybe I didn't phrase it correctly, I just meant that he wasn't always that known.
I'd say Paypal allowed him to be noticed by the people, and then SpaceX along with his goofy tweets and that flamethrower he sold to people really brought him to the spotlight. He also founded the Boring Company which revolutionizes construction as we know it so even when the guy is goofing off, he at least does something that will benefit the people in one way or another. People may have bad takes against him due to him rescinding his investments in crypto, but I have gone past that and looked to what he has been able to do for our species thus far.


Title: Re: Elon musk now the richest man in earth
Post by: Ultegra134 on October 17, 2021, 07:52:37 PM
I'm interested less of what he is worth but of what he is capable of and is willing to provide for the future of humanity. So far he's good on my book, spearheading the species to its first interplanetary exploration and habitation, remodeling rockets to be cost efficient and safer than our conventional ones that are basically like airplanes strapped with bombs, plus the fact that he is at least showing respect and support for cryptocurrencies he deems will be the future of money. His actions may perplex many but as long as they serve the greater good, I'm okay with him.
This man is a phenomenon, he's a true businessman, whether you like it or not. It's surprising that he reached the top within a few years, surpassing the wealthiest of all. He used to be involved in the most renowned companies, such as PayPal, in which he was a co-founder. I know that he has pissed the crypto community off, but this man is a true genius.

It's literally taken him his whole life to get as rich as he is, what are you talking about with "a few years."  People who build world-changing companies are often billionaires.  That's how capitalism works.  It's been this way since the Rockefellers and Vanderbilts and Morgans of the world first amassed huge fortunes for building such world-changing companies, and it continues today with the Gates and Buffets and Musks of the world.  But none of it was done "in a few years."  It took all of them literally their whole lives to get as rich as they did.
He wasn't always that famous, I never implied that what he has achieved was accomplished within a few years. He was always a phenomenal businessman, but he became renowned in the last few years, I'd say a good two decades, with the creation of Tesla, SpaceX, while he was also a co-founder of PayPal. I never meant to imply what you said, maybe I didn't phrase it correctly, I just meant that he wasn't always that known.
I'd say Paypal allowed him to be noticed by the people, and then SpaceX along with his goofy tweets and that flamethrower he sold to people really brought him to the spotlight. He also founded the Boring Company which revolutionizes construction as we know it so even when the guy is goofing off, he at least does something that will benefit the people in one way or another. People may have bad takes against him due to him rescinding his investments in crypto, but I have gone past that and looked to what he has been able to do for our species thus far.
He's been criticized for his actions plenty of times, however, I remember reading once that he has Asperger's syndrome, which might explain his goofy character now and then. On the other hand, I admire his work, he isn't giving up easily, let's not forget how many SpaceX missiles blown up but still persisted.

I actually heard him when Tesla started becoming popular, a few years ago, didn't actually know him from PayPal or any other of his companies.


Title: Re: Elon musk now the richest man in earth
Post by: mdgabrielzim on October 17, 2021, 08:11:41 PM
This is what Elon Musk deserves to become the richest man in the world. He is a smart and daring businessman with great ambitions that resemble fantasy dreams. He wants to colonize Mars and implant artificial intelligence in the brains of humans and many other aspirations. He is also fond of cryptocurrencies and investing in them, and his wealth can manipulate the crypto market at any time. He is a renewed person with his ideas and goals, not like other businessmen and billionaires.
Exactly. A few months ago I saw a video of him extremely happy to buy a nice car, nowadays the guy has his own car factory and still makes rockets. Most impressive of all, these were events that took place in just a few years.


Title: Re: Elon musk now the richest man in earth
Post by: palle11 on October 17, 2021, 08:13:23 PM
I don't know if that is the ultimate dream of the Tesla CEO. He may not consider staying on there himself if that is not what he has in mind, he may not work to sustain it for a longer time. Elon musk to me isn't a business man whose aim is to be stable in a particular spot. He may take another step that will drop him a little lower from the spot. He pushed himself to this level with the role he played on doge coin who knows what he has on his sleeve the next moment.


Title: Re: Elon musk now the richest man in earth
Post by: Fortify on October 17, 2021, 08:39:20 PM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?

You might not admire the man, but you have to admire some of the things that he has funded to great success. He took the money he creamed off peoples transactions in the early days of Paypal and put it into some rather high risk endeavors like Tesla and Space X. He funded companies that actually produced things, rather than just moving money in and out of shares like Warren Buffett, or mostly digital services like Microsoft (mainly windows) software. If only he could tone down the arrogance and disrespect he shows people that disagree with him, then he would be a very admirable man, but there are more humble billionaires out there that are probably better individuals personality-wise.


Title: Re: Elon musk now the richest man in earth
Post by: rosenbauer02 on October 17, 2021, 08:47:30 PM
This is because elon musk have influence to many people. When elon posted on twitter, many people have follow what elon twitted so he much have earn a huge profit from it plus his conpany. Elon can sustain it as long as the profit he earn is stable or won't decrease overtime. There is time limit though just like bill gates before.


Title: Re: Elon musk now the richest man in earth
Post by: STT on October 17, 2021, 08:59:18 PM
Real wealth is measured in productive capacity, most of his wealth depends on Tesla shares being in demand.  Tesla itself is not essential productive capacity, it relies on constant expenditure and development for cutting edge technology.    I'm not convinced long term he is wealthy should we find QE is no longer available only certain companies will be as valued not the luxury type that currently do well with easy money policies.


Title: Re: Elon musk now the richest man in earth
Post by: fullhdpixel on October 17, 2021, 09:04:29 PM
My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
The realistic in me says that he could definitely keep this going because nobody in the world owns as much of share in a car company as he does, but at the same time I keep feeling like other can manufacturers will end up with decent EV eventually. Sure Tesla is still by far the best one, nobody disputes that, and they sell as much as they produce and that is their power, they are selling so much that even new factories are not enough for them, they keep selling at maximum level constantly.

However I believe that we should also realize this is just cars, it is literally just cars, he can't keep up getting richer and richer. Jeff Bezos on the other hand sells everything, and that is why his future looks a lot more bright. I do hope both of them get poorer by huge taxing though, someone getting THIS much richer should not be paying that little taxes neither.


Title: Re: Elon musk now the richest man in earth
Post by: YOSHIE on October 18, 2021, 08:55:01 AM
So what do you think?
Elon Musk is indeed destined to be the richest servant in the world, no wonder his company is currently growing rapidly in the public, not only that, he can make billions of dollars in one day, that's not to mention the money invested in Bitcoin.

just imagine the Tesla company can create 100 cars in one day, not to mention his new meeting about chips that are inserted into the brain for cancer patients and paralysis lately it has been widely spread in the public, don't know how many more dollars he gets per day with Elon Musk's new meeting chips.

It's only natural that he became the richest person in the world, the business he developed, there are hundreds of businesses that can make billions of money per day for Elon Musk.


Title: Re: Elon musk now the richest man in earth
Post by: Betwrong on October 18, 2021, 10:14:06 AM
~
My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?

Well, I think they will be exchanging places in the top 10 Richest People in the World. I mean all of them, those who specialize in modern technologies, Elon Musk, Bill Gates, Mark Zuckerberg, Larry Ellison, Larry Page and Sergey Brin, anyone of them can take first place at one point. Or, they can be replaced by guys like them, technological innovators, but hardly by old-timers like Warren Buffett and Bernard Arnault. And I don't mean their age. I mean their state of mind.


Title: Re: Elon musk now the richest man in earth
Post by: Tumanggor on October 18, 2021, 03:14:45 PM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

https://i.imgur.com/xRYNORz.jpghttps://i.imgur.com/VLNJS8t.jpg

https://i.imgur.com/5CxH3dO.jpg

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

~
In the past, Warren competed with Bill for the top 3 position but now Elon is competing with Bezos for the top 3 position

Economic conditions are always changing and only those who succeed in attracting investors with their products will be ranked first among the richest people in the world

because Tesla's stock is still very volatile, maybe this won't last long, the competition with Bezos is really very tight


Title: Re: Elon musk now the richest man in earth
Post by: 7788bitcoin on October 18, 2021, 07:05:32 PM
Real wealth is measured in productive capacity, most of his wealth depends on Tesla shares being in demand.  Tesla itself is not essential productive capacity, it relies on constant expenditure and development for cutting edge technology.    I'm not convinced long term he is wealthy should we find QE is no longer available only certain companies will be as valued not the luxury type that currently do well with easy money policies.
The amount of wealth Elon Musk accumulated in a short period of time is astonishing and he is smart enough to manipulate the market and we have seen that time and time again in the stock market and in the cryptocurrency market and as long as he does not mess up he will stay in this position for a long time.
At most Jeff Bezos and Elon Musk will share the first and second position for years to come.


Title: Re: Elon musk now the richest man in earth
Post by: dezoel on October 18, 2021, 08:58:26 PM
Well, nobody really stays at the top forever, as time goes on things begins to change. There was a time when nobody knows who Elon Musk is, and it was like he’s not even existing. At that time when Bill Gates was the world’s richest man and if you’re to be told that he’s not going to retain that position today as the world’s richest man, you are likely going to doubt it back then.

But, then it happened and Jeff Bezos became the world’s richest man, and nobody knew where the next richest man in the world would be coming from, and out of nowhere came Elon Musk. So, that’s how it’s going to be as time goes on, because someone else will also come out of nowhere and take that position from him. He won’t stay there forever, but one thing for sure is that he’s going down as one of the greatest in history.


Title: Re: Elon musk now the richest man in earth
Post by: blockman on October 18, 2021, 09:04:33 PM
Well, from someone that I know of, maybe this is just another conspiracy theory. That these people including Elon have been stocking a lot of things and preparing for something that we don't know when shall come. That's why his businesses including SpaceX, aren't just a business for him but a gateway whenever that 'something' has come to the world. He could be the richest today as it's not about having cash but having stocks of his companies that have tremendously grown a lot.

He should enjoy while it lasts. Hard times coming soon.
Well, I agree that he should enjoy it because if I'm on his shoe, I'll definitely enjoy it.


Title: Re: Elon musk now the richest man in earth
Post by: beerlover on October 18, 2021, 09:15:16 PM
~
My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
Well, I think they will be exchanging places in the top 10 Richest People in the World. I mean all of them, those who specialize in modern technologies, Elon Musk, Bill Gates, Mark Zuckerberg, Larry Ellison, Larry Page and Sergey Brin, anyone of them can take first place at one point. Or, they can be replaced by guys like them, technological innovators, but hardly by old-timers like Warren Buffett and Bernard Arnault. And I don't mean their age. I mean their state of mind.
I do understand that the top 10 do change place all the time but I have to say that Elon and Jeff reached to a different level. Yes there is a good chance that other rich people could eventually pass them as well one day but I do not think that they are going to do that anytime soon.

Jeff Bezos owns amazon which is growing constantly and there is a chance that they could be the richest company in the world and pass apple whereas apple doesn't have that much owners which is the problem with that. I understand that Elon musk is not really big company owner because Tesla is a huge company but not in the running for being the richest company in the world but he owns a bigger portion of it. So I believe those two will be changing hands and the others will not be able to pass them just yet.


Title: Re: Elon musk now the richest man in earth
Post by: The Sceptical Chymist on October 18, 2021, 09:29:41 PM
Honestly, I don't think these guys are in competition with each other for the title of world's richest person--especially Warren Buffett.  I am kind of surprised that Elon Musk is worth that much, but then again I don't really know much about him (yeah, I don't follow the news all that much).

Regarding the retaining of the title: If Musk is worth $23 billion, I don't think he'll have much trouble remaining the richest person on earth.  On the other hand, I don't know a damn thing about what he owns as far as investments, properties, and so forth.  I know about Tesla, but I'm thinking that if he's holding risky assets or if any of his business ventures fail, his wealth could take a big hit.  No idea if that would shave off billions of dollars from it, but I guess it's possible.

And boy, what does a person do after he's declared the richest individual on earth?  I mean where do you go from there?  Lol.  I'd love to have that problem.


Title: Re: Elon musk now the richest man in earth
Post by: shield132 on October 18, 2021, 09:45:11 PM
Elon may sustain it for longer time but there's always an end to every beginning much like Bill Gates where he is the world's most richest man on earth but later on didn't became the world's most richest person on earth but still on the top 10 though. We won't know for how long elon will keep the title of being the world's richest person on earth. Only time will tell.
This is pretty much what I wanted to say too.
I would add: The morning sun never lasts a day :)
What makes me sad is that while this man does some good, he does bad too. Lies, manipulated the crypto market for his own wealth growth, then crashed it even again for the growth of his own wealth. Some may be pro Musk and say that there is nothing wrong with it but helping such methods to become richer than others (your opponents) isn't a good idea.
Also, for me, the fact that someone is the richest, means that he/she doesn't do much for the society. He/She can do even, even more and more.


Title: Re: Elon musk now the richest man in earth
Post by: Vaskiy on October 18, 2021, 11:25:21 PM
Probably he'll keep the position for long, because his investments and the innovation is completely future focused. Think of crypto involvement as well as the Tesla products. Maybe some downward slide will happen when there is unexpected downtime as that happened with Facebook recently. His mentality for the society hasn't supported anyone big whereas Bill Gates does a lot of charity.

Making himself worth of $23 billion happened out of a big process. So, the same won't gets destructed all of the sudden.


Title: Re: Elon musk now the richest man in earth
Post by: TheEconomists on October 19, 2021, 09:39:57 AM
He can sustain that position because he so many Initiative that is making a lot of money from. With time someone else will take over the position the same way he did to Buffet and others, but one cannot tell that will be though. In this crypto currency era young people are coming up a lot of initiative that earning them huge amount of money so, time will come younger people will take over.


Title: Re: Elon musk now the richest man in earth
Post by: Haunebu on October 19, 2021, 09:47:03 AM
He definitely won't sustain that position for long since history has taught us that the richest people rankings are just as volatile as the cryptocurrency market which is why they keep shifting places on a regular basis.

Musk, Gates, Jeff, Mark etc will continue shifting places for various reasons and this will most probably never change in my opinion.


Title: Re: Elon musk now the richest man in earth
Post by: Betwrong on October 19, 2021, 11:17:09 AM
Honestly, I don't think these guys are in competition with each other for the title of world's richest person--especially Warren Buffett.  I am kind of surprised that Elon Musk is worth that much, but then again I don't really know much about him (yeah, I don't follow the news all that much).

Regarding the retaining of the title: If Musk is worth $23 billion, I don't think he'll have much trouble remaining the richest person on earth. ~

Man, I have to admit you scared me. :) Of course, it was a mistype from your end, you just missed a zero, because this is the latest estimation of Musk's worth

https://i.imgur.com/43EXwwe.png

but for a fraction of a second, since I don't follow such news too, I was thinking that I didn't know his worth even approximately.

Then I started wondering was mentioning "$23 billion" by another member after your post a mistype too?

And then I checked the OP, and finally it all made sense


One zero was missed in the screenshot!  ;D


Title: Re: Elon musk now the richest man in earth
Post by: arwin100 on October 19, 2021, 12:46:46 PM
He can sustain that position because he so many Initiative that is making a lot of money from. With time someone else will take over the position the same way he did to Buffet and others, but one cannot tell that will be though. In this crypto currency era young people are coming up a lot of initiative that earning them huge amount of money so, time will come younger people will take over.

But those listed as the richest man on earth is also have many initiative to earn a lot of money but we don't know if he can really sustain that knowing Elon sometimes he will go bullish and not, but good things to see his name again back at the top since for sure curiosity in business side will float and think about on what action will be made by elon to sustain the top ranking where he is on.

Also I'm curious to know if he will get his ass back on bitcoin and create noise again here.


Title: Re: Elon musk now the richest man in earth
Post by: Gudhal Untu on October 19, 2021, 01:08:05 PM
Elon Musk often become twitter trending page, what he tweets even though it looks meaningless but always gets great attention from the public, the wealth he gets is of course because he always dares to innovate and the biggest thing that makes his money skyrocket of course is because he entered crypto.


Title: Re: Elon musk now the richest man in earth
Post by: Vatimins on October 19, 2021, 05:41:03 PM
     I believe this man, Elon Musk will really be able to sustain this for a long long time. Heck, I even think that he'd be doing far more better as time goes by. Because this guy, although not famous with the common folks that got fcked in following his tweets blindly, is such a great visionary and possesses a tough diamond-like heart in terms of making hard decisions and most importantly sticking to those decisions despite norms or the contrasting opinions of different people around him. This is what led him to where he is now and will still be the traits that would be leading him to greater heights.


Title: Re: Elon musk now the richest man in earth
Post by: Bushdark on October 19, 2021, 06:14:44 PM
The richest man ?
Is this as a result of him having a whole lot of bitcoin ?
Can he maintain the position for a longer period of time ?


Title: Re: Elon musk now the richest man in earth
Post by: Mpamaegbu on October 19, 2021, 06:33:42 PM
For a while now, the race has been on between Jeff Bezos and Elon Musk for the conveted number one spot with Bill Gates taking a sideline look. These two have successfully taken that spot from Gates. I think being number one richest person is not something that stays forever. At a time while growing up, I thought that spot was reserved for Bill Gates alone because he was always clinching it year in, year out. Now, I know no one has that sole right. Fortunes do change quite alright, just like time and season. I guess Elon has this rise in fortune because of his alleged activities in the pump and dump of Dogecoin and Bitcoin he has been recently involved in. Any other wealthy person who bought Bitcoin during its dumped period should be in huge gains now, and Elon isn't any exception. Let's just hope his fortunes don't nosedive once the bear rally sets in.


Title: Re: Elon musk now the richest man in earth
Post by: ziyaaa on October 19, 2021, 09:04:23 PM
Actually, this changes all the time. Elon Musk and Jeff Bezos are in the race to be the richest person in the world. Some time ago, Elon Musk lost his place to Jeff Bezos but now it seems like he reclaimed it. Amazon is the most valuable company in the world now. But still, Elon Musk succeeds in being the richest person. But of course the reason is that Elon Musk is not the owner of only Tesla.  ;D


Title: Re: Elon musk now the richest man in earth
Post by: milewilda on October 19, 2021, 09:14:22 PM
Actually, this changes all the time. Elon Musk and Jeff Bezos are in the race to be the richest person in the world. Some time ago, Elon Musk lost his place to Jeff Bezos but now it seems like he reclaimed it. Amazon is the most valuable company in the world now. But still, Elon Musk succeeds in being the richest person. But of course the reason is that Elon Musk is not the owner of only Tesla.  ;D

Doesnt matter on how much they do own in terms of companies and assets because it is calculated overall but i wont be surprised if there were assets which hadnt been proclaimed or tell out.
Its just impossible to think off that they dont have another source which hadnt been mentioned or said into the public.I dont care that much on whose the richest man on the earth
because i do believe inside that there are lots who are much better and much richier than must itself but it wasnt known or just tending to be quiet.


Title: Re: Elon musk now the richest man in earth
Post by: Hippocrypto on October 19, 2021, 09:32:58 PM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

https://i.imgur.com/xRYNORz.jpghttps://i.imgur.com/VLNJS8t.jpg

https://i.imgur.com/5CxH3dO.jpg

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
He can surely sustain as being the richest in the world but the question is, Can he surely maintain his position? Well, nobody really stays at the top forever, as time goes on things begins to change. There was a time when nobody knows who Elon Musk is, and it was like he’s not even existing. Just like how Bill Gates exist as the richest man in the world, I thought that time he's going to retain his position but, it then happened that Jeff Bezos became the world richest man and right now, out of nowhere came Elon Musk. So that's how it's going to be when time goes by, someone will still take his position. Maybe, he won't stay like this forever but one thing is for sure, he will be put down as one of the greatest in history that will surely praise and become an inspiration to the future generation.


Title: Re: Elon musk now the richest man in earth
Post by: dbc23 on October 19, 2021, 10:07:22 PM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.
Riches is a product of how much solutions you can offer with your innovation and how many people would love to receive what you have to offer. It's not shocking how Elon musk highjacked the richest man title in the world his solutions and electric cars innovation is worth making him attain this couple with his steady investment in cryptocurrency

Quote
My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
Definitely Elon musk would hold it has long has his business investment remains relevant to the world. Just like the days of Bill gates while Microsoft was still the prevailing business Bills held the title until IOT took a new whole dimension. For me musk would hold this title until a new innovation that would challenge Tesla and SpaceX emerges


Title: Re: Elon musk now the richest man in earth
Post by: Kodok Bencot on October 20, 2021, 08:58:37 AM
Crypto has made Elon Musk the world's richest person, and I'm sure more and more people are getting rich because of Crypto but they don't show it publicly, I'm sure the founders of Ethereum or Binance are also world's richest people at least in the top 20, this is a positive inspiration that we too must be successful like them.


Title: Re: Elon musk now the richest man in earth
Post by: Shasha80 on October 20, 2021, 09:53:02 AM
He can surely sustain as being the richest in the world but the question is, Can he surely maintain his position? Well, nobody really stays at the top forever, as time goes on things begins to change. There was a time when nobody knows who Elon Musk is, and it was like he’s not even existing. Just like how Bill Gates exist as the richest man in the world, I thought that time he's going to retain his position but, it then happened that Jeff Bezos became the world richest man and right now, out of nowhere came Elon Musk. So that's how it's going to be when time goes by, someone will still take his position. Maybe, he won't stay like this forever but one thing is for sure, he will be put down as one of the greatest in history that will surely praise and become an inspiration to the future generation.

Indeed, no one can be at the top forever, nothing in this world is permanent. Likewise with Elon Musk, he may be proud of his current achievements.
But in the future there will be someone more powerful than Elon Musk. It's like the cycle of life, Elon Musk must be wise with his current achievements.
So Elon Musk should be able to be grateful for his current achievements, and don't feel like he will be at the top forever. Elon Musk is indeed
an inspiration with the success he has achieved, but unfortunately Elon Musk is only a human who definitely has flaws. One of them is Elon Musk
promoting meme coin to increase his wealth, unfortunately this method makes many people suffer. We can take Elon Musk as inspiration, but we have
to filter out the good things that we take from Elon Musk.


Title: Re: Elon musk now the richest man in earth
Post by: hannahB4 on October 20, 2021, 10:17:49 AM
I can't say precisely if Elon musk will be able to stay at this rank forever because before now Bill Gates has been and we see the recent drop he had, so we don't know another person who will override him in his position.


Title: Re: Elon musk now the richest man in earth
Post by: Wong Gendheng on October 20, 2021, 12:48:36 PM
If it took Bill Gates decades to become the richest person, but with crypto then Elon Musk only took 6 months to become the richest person, crypto performance continues to skyrocket to make many new rich people and I'm sure many will come from the cryptocurrencies business.


Title: Re: Elon musk now the richest man in earth
Post by: LogitechMouse on October 20, 2021, 01:25:33 PM
My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
Satoshi is holding 1,000,000 Bitcoins which if you multiplied it to its current price right now which is ~$64,000, it will be around 64 Billion Dollars. Almost 3 times as much as Elon Musk is. If only we know Satoshi then we might see him on the top of that but it will remain as a fantasy.

Anyway, I think Elon will stay on the top as long as Tesla and SpaceX will work well. IIRC, him and Bezos are the ones who are fighting for the top spot months ago but now Elon cemented his spot on the top. Everything has its end though so we might see him on the top this year and not next year or in the next 2 years :).


Title: Re: Elon musk now the richest man in earth
Post by: Botnake on October 20, 2021, 02:59:00 PM
My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
Satoshi is holding 1,000,000 Bitcoins which if you multiplied it to its current price right now which is ~$64,000, it will be around 64 Billion Dollars. Almost 3 times as much as Elon Musk is. If only we know Satoshi then we might see him on the top of that but it will remain as a fantasy.

Anyway, I think Elon will stay on the top as long as Tesla and SpaceX will work well. IIRC, him and Bezos are the ones who are fighting for the top spot months ago but now Elon cemented his spot on the top. Everything has its end though so we might see him on the top this year and not next year or in the next 2 years :).
Right. Elon won't be holding that title forever, so we may see changes replacing the spot after a year or two. We'll find out then when we get there.

Meanwhile, we can't question Elon why he became the richest man in earth as he is known to be a smart guy, and is willing to ruin his credibility for the sake of huge profits. We'll, if he continues to be like that, no wonder he will be able to sustain his new spot. But there's no way people should envy him as he is not really a good model after all.


Title: Re: Elon musk now the richest man in earth
Post by: SquallLeonhart on October 20, 2021, 05:52:05 PM
no one can be at the top forever, nothing in this world is permanent. Likewise with Elon Musk, he may be proud of his current achievements.
But in the future there will be someone more powerful than Elon Musk. It's like the cycle of life, Elon Musk must be wise with his current achievements.
So Elon Musk should be able to be grateful for his current achievements, and don't feel like he will be at the top forever. Elon Musk is indeed an inspiration with the success he has achieved, but unfortunately Elon Musk is only a human who definitely has flaws. One of them is Elon Musk promoting meme coin to increase his wealth, unfortunately this method makes many people suffer. We can take Elon Musk as inspiration, but we have to filter out the good things that we take from Elon Musk.
I can't even understand being proud of being the richest person alive. Instead of promoting it as a good thing all around the world, we should be making that as a shameful thing.

People who are richest person in the world mean that they abused and stole from their workers and that is something that is obvious with Elon Musk and Jeff Bezos as well, like it was a little bit more "hidden" with people like warren buffet because he only owned "stocks" of the companies that did this, but with Elon Musk who literally cancelled a whole factory because of unionization, literally have people dead while trying to assemble, trying to limit the hours of work people could do so he could pay less benefits and so forth, with Jeff Bezos that I do not even want to start listing.. it becomes obvious that being richest means being the worst person at the same time. How could anyone envy that, and how could anyone not feel shameful for being one?


Title: Re: Elon musk now the richest man in earth
Post by: Cafex on October 20, 2021, 09:02:02 PM
It shouldn't be very surprising for any of us after seeing Elon Musk's achievements so far. He is not only the owner of Tesla. Especially the things that SpaceX has done so far are really huge. It has made a big contribution to Elon Musk also. His wealth has increased at an incredible rate. Him and Jeff Bezos are exchanging the throne sometimes and both of them have done great things so far.


Title: Re: Elon musk now the richest man in earth
Post by: Sled on October 20, 2021, 09:24:09 PM
It shouldn't be very surprising for any of us after seeing Elon Musk's achievements so far. He is not only the owner of Tesla. Especially the things that SpaceX has done so far are really huge. It has made a big contribution to Elon Musk also. His wealth has increased at an incredible rate. Him and Jeff Bezos are exchanging the throne sometimes and both of them have done great things so far.
It feels like a strong competition between the two, they become more hungry to earn such a position and be recognized by the people. And to ask if Elon MUSK could sustain, that might be possible but not forever. I believe there is someone who will take that position out from him.

But anyway, he deserves that. He works it hard, he can be of the sleepless night just to reach this position. And the race is about to continue until some will give up and give way to others coz I guess that was enough, otherwise, he never enjoy his life.


Title: Re: Elon musk now the richest man in earth
Post by: TheGreatPython on October 20, 2021, 09:27:11 PM
Satoshi is holding 1,000,000 Bitcoins which if you multiplied it to its current price right now which is ~$64,000, it will be around 64 Billion Dollars. Almost 3 times as much as Elon Musk is. If only we know Satoshi then we might see him on the top of that but it will remain as a fantasy.
Lol, I think you misunderstood what was said there. The op is saying that Elon Musk added extra $23 billion to his wealth, and is as rich as Bill Gates and Warren Buffett combined together, not that his worth is only $23 billion; currently he is worth over $200 billion. If Satoshi Nakamoto happens to be on that list, he’s not going to make the top ten list of the world’s richest people, rather he would be somewhere around the top twenty list.

The least on the top ten is worth over $100 billion dollars. I would put Satoshi around 16th on the list of the richest people. But that’s still a good position, and in the future he’s likely to be worth more than this as the value of Bitcoin will keep increasing in future.


Title: Re: Elon musk now the richest man in earth
Post by: Kasabus on October 20, 2021, 11:46:09 PM
It shouldn't be very surprising for any of us after seeing Elon Musk's achievements so far. He is not only the owner of Tesla. Especially the things that SpaceX has done so far are really huge. It has made a big contribution to Elon Musk also. His wealth has increased at an incredible rate. Him and Jeff Bezos are exchanging the throne sometimes and both of them have done great things so far.
It feels like a strong competition between the two, they become more hungry to earn such a position and be recognized by the people. And to ask if Elon MUSK could sustain, that might be possible but not forever. I believe there is someone who will take that position out from him.

But anyway, he deserves that. He works it hard, he can be of the sleepless night just to reach this position. And the race is about to continue until some will give up and give way to others coz I guess that was enough, otherwise, he never enjoy his life.
Knowing Elon Musk, he will do all things just to satisfy his own desires.  He is smart and hardworking so there's no way he can't sustain his spot as being the richest man. If Tesla and SpaceX continue on creating such demands, then it will be Elon who will be earning the huge credit. It will certainly add to his existing wealth. But i know for sure that he won't be filling the spot for a long time, there's always someone who will surely replace his spot in time.


Title: Re: Elon musk now the richest man in earth
Post by: macson on October 20, 2021, 11:58:26 PM
Crypto has made Elon Musk the world's richest person, and I'm sure more and more people are getting rich because of Crypto but they don't show it publicly, I'm sure the founders of Ethereum or Binance are also world's richest people at least in the top 20, this is a positive inspiration that we too must be successful like them.
if you see the list of the most bitcoin holders then you will definitely be surprised satoshi hold millions of bitcoins today.  What i want to say is that it's not crypto that makes Elon Musk the richest person, but because of Tesla's rising stock and spaceX's excellent performance. i'm curious when spaceX officially goes public, surely Elon Musk's wealth will be much bigger than now.


Title: Re: Elon musk now the richest man in earth
Post by: Rufsilf on October 22, 2021, 07:04:51 AM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

https://i.imgur.com/xRYNORz.jpghttps://i.imgur.com/VLNJS8t.jpg

https://i.imgur.com/5CxH3dO.jpg

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?

Elon Musk is well known early-investor and the richest man on the planet as of September 2021 until today. He's also a CEO and found many company today like The Boring Company, SpaceX, and Tesla Motors. With his financial assets and wealth, I think he'll sustain his status for a long time because his companies aren't gonna be bankrupt in the near future. He also invested in bitcoins and many altocoins too.
Unlike Bill Gates and Warren Buffet, Musk will continue to surpass them. And he deserves what he now have because of his passion and hardwork, and nobody can question that.


Title: Re: Elon musk now the richest man in earth
Post by: alpamar99 on October 22, 2021, 07:14:52 AM
Crypto has made Elon Musk the world's richest person, and I'm sure more and more people are getting rich because of Crypto but they don't show it publicly, I'm sure the founders of Ethereum or Binance are also world's richest people at least in the top 20, this is a positive inspiration that we too must be successful like them.
I agree with what you said. and of course only a few people who dare to openly show the amount of their wealth.
whatever you say like the founders of some altcoins I don't think they pay much attention to that.
because people's views are different, and I'm not too sure that Elon mentions his wealth like that there must be something to hide and it could even be that his wealth is more than that.


Title: Re: Elon musk now the richest man in earth
Post by: Betwrong on October 22, 2021, 09:13:59 AM
Crypto has made Elon Musk the world's richest person, and I'm sure more and more people are getting rich because of Crypto but they don't show it publicly, I'm sure the founders of Ethereum or Binance are also world's richest people at least in the top 20, this is a positive inspiration that we too must be successful like them.
I agree with what you said. and of course only a few people who dare to openly show the amount of their wealth.
whatever you say like the founders of some altcoins I don't think they pay much attention to that.
because people's views are different, ~

It's not crytpo what has made Musk rich. Where did you, guys, get that information?

Musk owns a lot of valuable stocks, and potentially they can make him even richer, but at the moment it's his ownership of Tesla is what makes him rich.

and I'm not too sure that Elon mentions his wealth like that there must be something to hide and it could even be that his wealth is more than that.

There are hidden billionaires in this world, and there are very wealthy people hiding their wealth, but Musk is just not one of them. He has no reason for that, because he's not some corrupt government official. Musk made his money honestly.


Title: Re: Elon musk now the richest man in earth
Post by: AicecreaME on October 22, 2021, 10:15:12 AM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

https://i.imgur.com/xRYNORz.jpghttps://i.imgur.com/VLNJS8t.jpg

https://i.imgur.com/5CxH3dO.jpg

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?

We don't know how long he will maintain being the wealthiest man on earth. But what I know for sure is that it will not be permanent. The position whatever it may be, is replaceable. Anything can happen any time. There's always a possibility that someone will dethrone him from the spot he is currently in depending on the perseverance of the person and the resources as well.

Always remember that the world is round. You could be at the top now, but there's still a chance you will hit rock bottom the next second. It may sound negative but it's true. You can always bounce back though. Getting up and doing better the next time is always a choice. After all, we learn valuable lessons each time we stumble and fall.


Title: Re: Elon musk now the richest man in earth
Post by: Semar Mesem on October 22, 2021, 02:04:18 PM
Elon Musk is often trending on Twitter, whatever he tweets makes people always curious to know, even many media often cover Elon Musk, when Elon Musk entered crypto, many people criticized him for saying he was just gambling but after cryptocurrencies skyrocketed, more and more people get into cryptocurrencies to be successful like Elon Musk.


Title: Re: Elon musk now the richest man in earth
Post by: LUCKMCFLY on October 22, 2021, 05:28:28 PM
My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
Satoshi is holding 1,000,000 Bitcoins which if you multiplied it to its current price right now which is ~$64,000, it will be around 64 Billion Dollars. Almost 3 times as much as Elon Musk is. If only we know Satoshi then we might see him on the top of that but it will remain as a fantasy.

Anyway, I think Elon will stay on the top as long as Tesla and SpaceX will work well. IIRC, him and Bezos are the ones who are fighting for the top spot months ago but now Elon cemented his spot on the top. Everything has its end though so we might see him on the top this year and not next year or in the next 2 years :).
Right. Elon won't be holding that title forever, so we may see changes replacing the spot after a year or two. We'll find out then when we get there.

Meanwhile, we can't question Elon why he became the richest man in earth as he is known to be a smart guy, and is willing to ruin his credibility for the sake of huge profits. We'll, if he continues to be like that, no wonder he will be able to sustain his new spot. But there's no way people should envy him as he is not really a good model after all.

I think the same as you, I really do not believe that the wealth numbers are not going to change to be higher and higher, as he says, for me in my particular opinion the richest being is and will be Satoshi, and BTC has reached a new ATH, hopefully it will reach $ 100k to set world records, Forbes published the richest beings in the world, but Satoshi is not taken into account, so what do they play? I think that humanity is waking up, Elon Musk may have a lot of businesses everywhere, but we already saw his vulnerable part with BTC and with DOGE, he is a very clever guy, but not so smart, therein lies the difference in his financial culture.


Title: Re: Elon musk now the richest man in earth
Post by: Viscore on October 22, 2021, 05:51:37 PM
Elon Musk is often trending on Twitter, whatever he tweets makes people always curious to know, even many media often cover Elon Musk, when Elon Musk entered crypto, many people criticized him for saying he was just gambling but after cryptocurrencies skyrocketed, more and more people get into cryptocurrencies to be successful like Elon Musk.
Elon Musk is already a wealthy man because he is the CEO of Tesla and SpaceX, and so its expected that he can be the richest man one of these days. But i doubt if he can manage to sustain his new spot if Tesla and SpaceX will lost its demand. Because if not, he will be replaced easily which i think he won't let it to happen. I have a feeling that Elon wants to be the richest of all the richest so he will do all things just to accumulate more profits to add on his wealth even if it means making an advantage towards other investors and traders.


Title: Re: Elon musk now the richest man in earth
Post by: Anguwa on October 22, 2021, 06:00:44 PM
I think Elon will sustain this position for a very long time, this is one of the sign that cryptocurrency users and investors will surely rule the entire world. The current price of bitcoin and how crypto market is moving this days will give a chance for Elon to give them small space and will retain that position of the world's richest man on earth.


Title: Re: Elon musk now the richest man in earth
Post by: Shasha80 on October 22, 2021, 09:43:58 PM
no one can be at the top forever, nothing in this world is permanent. Likewise with Elon Musk, he may be proud of his current achievements.
But in the future there will be someone more powerful than Elon Musk. It's like the cycle of life, Elon Musk must be wise with his current achievements.
So Elon Musk should be able to be grateful for his current achievements, and don't feel like he will be at the top forever. Elon Musk is indeed an inspiration with the success he has achieved, but unfortunately Elon Musk is only a human who definitely has flaws. One of them is Elon Musk promoting meme coin to increase his wealth, unfortunately this method makes many people suffer. We can take Elon Musk as inspiration, but we have to filter out the good things that we take from Elon Musk.
I can't even understand being proud of being the richest person alive. Instead of promoting it as a good thing all around the world, we should be making that as a shameful thing.

People who are richest person in the world mean that they abused and stole from their workers and that is something that is obvious with Elon Musk and Jeff Bezos as well, like it was a little bit more "hidden" with people like warren buffet because he only owned "stocks" of the companies that did this, but with Elon Musk who literally cancelled a whole factory because of unionization, literally have people dead while trying to assemble, trying to limit the hours of work people could do so he could pay less benefits and so forth, with Jeff Bezos that I do not even want to start listing.. it becomes obvious that being richest means being the worst person at the same time. How could anyone envy that, and how could anyone not feel shameful for being one?

Now it seems as if being the richest person is a good thing, when in reality sometimes it is not like that. Because quite a lot of rich people do
whatever it takes so they can make a lot of money, but without realizing it they are harming other people a lot. Actually without doing any
manipulation in the crypto world Elon Musk can become the richest person in the world, but because of Elon Musk's uncontrollable greed
he ended up doing all kinds of ways to make himself richer, and Elon Musk doesn't care what he's doing in the crypto world to the detriment of people.
I agree with you, should be the richest person but by harming many people is not something to be proud of, but should be ashamed to have
done all that. Therefore sometimes humans are very scary if they are too ambitious, they forget that as humans, they must also care about others.


Title: Re: Elon musk now the richest man in earth
Post by: bitgolden on October 22, 2021, 10:10:24 PM
I am not entirely sure if this should be even allowed. I know that many people think I am just a hardcore leftist, communist person for saying this out loud. However, I dislike communism as much as I like unchecked capitalism as well. Why I believe it should not even be allowed? When you have things that worth as much as 200+ billion dollars, you are gathering wealth that you will never need, but it is also not cash that you could pay taxes from neither, it is stocks, just stocks that people valuate that much.

I am pretty sure if you checked how much money Elon or Jeff has, in cash, literally cash in bank, it is probably not even 1 billion dollars combined. So, what do we do? One guy is told to be worth 230+ billion dollars, and same nation has MILLIONS homeless and starving, we should find a way to prevent something like this happening, but I am not smart enough to find a solution for it neither.


Title: Re: Elon musk now the richest man in earth
Post by: Sanitough on October 22, 2021, 11:31:56 PM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

https://i.imgur.com/xRYNORz.jpghttps://i.imgur.com/VLNJS8t.jpg

https://i.imgur.com/5CxH3dO.jpg

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?

We don't know how long he will maintain being the wealthiest man on earth. But what I know for sure is that it will not be permanent. The position whatever it may be, is replaceable. Anything can happen any time. There's always a possibility that someone will dethrone him from the spot he is currently in depending on the perseverance of the person and the resources as well.

Always remember that the world is round. You could be at the top now, but there's still a chance you will hit rock bottom the next second. It may sound negative but it's true. You can always bounce back though. Getting up and doing better the next time is always a choice. After all, we learn valuable lessons each time we stumble and fall.
Only Elon knows if he will be able to maintain his position or not. Maybe for now, we can totally say that Elon is capable of sustaining his spot because he has the wealth and has variety of investments that keeps giving him huge returns. But there is no permanent in this world. Somehow, things will change when we least expect it. Even Elon i guess knows that.

However, if he can see things more in positive ways, and he can multiply his investments through rolling his money, then maybe in the future he will still occupy the spot for the richest man in earth.


Title: Re: Elon musk now the richest man in earth
Post by: layoutph on October 23, 2021, 02:13:09 PM
If warren buffet believes in crypto just like how Elon use crypto to multiply his assets , Warren should be the richest man on earth until today. Well hope Elon will help the crypto community to encourage his followers to start holding crypto bags.

Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

https://i.imgur.com/xRYNORz.jpghttps://i.imgur.com/VLNJS8t.jpg

https://i.imgur.com/5CxH3dO.jpg

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?


Title: Re: Elon musk now the richest man in earth
Post by: oHnK on October 23, 2021, 03:58:09 PM
If warren buffet believes in crypto just like how Elon use crypto to multiply his assets , Warren should be the richest man on earth until today. Well hope Elon will help the crypto community to encourage his followers to start holding crypto bags.

Data from Bloomberg Elon being the richest. On the other hand, Forbes has previously released that Elon is in 3rd position and the first is Bernanard Arnault, the owner of a well-known fashion brand.  However, the ups and downs of this rank are actually not important and have a significant effect on the condition of their wealth because it is only based on the condition of their company shares.  So it's only natural that it keeps changing, Elon is actually getting richer not because of his Bitcoin but because of his Tesla company.  In fact, I feel that he has only been hypocritical about Bitcoin to attract investors' attention to Tesla.


Title: Re: Elon musk now the richest man in earth
Post by: wxa7115 on October 24, 2021, 07:07:07 PM
He should enjoy while it lasts. Hard times coming soon.
As I said when it comes to those rich people most of their money is on paper assets and their own companies, and just as you suggest things are not looking good for the economy right now with all the problems we are facing with supply issues, the slow economic recover and the pandemic which is still ongoing.

This means that in the case a global crisis were to emerge a great deal of the wealth of Elon Musk will evaporate, fortunately for him if his companies are still holding bitcoin then the potential damage he could face will be reduced in a significant way.


Title: Re: Elon musk now the richest man in earth
Post by: inanilujimi on October 25, 2021, 02:47:55 AM
Don't know how long this title will continue to last on Elon Musk as the richest man, but what I do know is that nothing lasts forever in this world and what is certain is that over time there will be replacements that have occurred before in the future.


Title: Re: Elon musk now the richest man in earth
Post by: kanayaTabitha on October 25, 2021, 02:52:52 AM
Don't know how long this title will continue to last on Elon Musk as the richest man, but what I do know is that nothing lasts forever in this world and what is certain is that over time there will be replacements that have occurred before in the future.

In this current era, richest man will be so much dynamic because but those are on the top of richest men, must be the CEO or top leader from tech company.
If crypto continue to grow big, i think elon will becoming the richest for a long time because as we know he talks a lot about cryptocurrency compared to others, so i assumed he holds a lot of crypto in his bag.


Title: Re: Elon musk now the richest man in earth
Post by: finaleshot2016 on October 25, 2021, 07:26:32 AM
Don't know how long this title will continue to last on Elon Musk as the richest man, but what I do know is that nothing lasts forever in this world and what is certain is that over time there will be replacements that have occurred before in the future.

In this current era, richest man will be so much dynamic because but those are on the top of richest men, must be the CEO or top leader from tech company.
If crypto continue to grow big, i think elon will becoming the richest for a long time because as we know he talks a lot about cryptocurrency compared to others, so i assumed he holds a lot of crypto in his bag.
Well, he talks a lot about cryptocurrency, but I'm quite sure he's just using it to solidify his position as the world's richest man. Cryptocurrency is a new meta, and everyone is trying to figure out how to approach it because there are so many benefits to be had. Even those of us who were initially intrigued by bitcoin are now attempting to figure out how it all works. Cryptocurrency has already changed a lot of people's lives, and many people believe in its potential. As a wealthy and, of course, clever man, Elon Musk understands the potential of cryptocurrency, which is why he's here trying to make money from it.


Title: Re: Elon musk now the richest man in earth
Post by: Betwrong on October 25, 2021, 08:58:42 AM
Satoshi is holding 1,000,000 Bitcoins which if you multiplied it to its current price right now which is ~$64,000, it will be around 64 Billion Dollars. Almost 3 times as much as Elon Musk is. If only we know Satoshi then we might see him on the top of that but it will remain as a fantasy.
Lol, I think you misunderstood what was said there. The op is saying that Elon Musk added extra $23 billion to his wealth, and is as rich as Bill Gates and Warren Buffett combined together, not that his worth is only $23 billion; currently he is worth over $200 billion. If Satoshi Nakamoto happens to be on that list, he’s not going to make the top ten list of the world’s richest people, rather he would be somewhere around the top twenty list.

The least on the top ten is worth over $100 billion dollars. I would put Satoshi around 16th on the list of the richest people. But that’s still a good position, and in the future he’s likely to be worth more than this as the value of Bitcoin will keep increasing in future.

No, that's not what OP was trying to say. :) The news was taken from CNBC's site, and the title was  "Elon Musk is now worth $230 billion—as much as Bill Gates and Warren Buffett combined." OP just cut one zero off when making the screenshot. It's funny that the wrong number was referred to several times by different people in this thread, and even some conclusions were made.

To avoid something like this in the future, I would suggest to never trust what you read on the Internet from the first sight. Spend 2 seconds to google it.


Title: Re: Elon musk now the richest man in earth
Post by: Lubang Bawah on October 25, 2021, 10:18:36 AM
Elon musk is an example of a person who deserves to be imitated, dares to take strange policies and decisions but now everyone knows that strange thinking often makes people successful, Elon musk's greatest wealth is of course because he dared to enter cryptocurrencies so that his assets increased hundreds or even thousands of percent in a year or less.


Title: Re: Elon musk now the richest man in earth
Post by: arwin100 on October 25, 2021, 11:48:47 AM
Elon musk is an example of a person who deserves to be imitated, dares to take strange policies and decisions but now everyone knows that strange thinking often makes people successful, Elon musk's greatest wealth is of course because he dared to enter cryptocurrencies so that his assets increased hundreds or even thousands of percent in a year or less.

He enter multiple business venture and a huge risk taker that's why he became so successful nowadays, its not surprising though knowing that Elon have high influence also his businesses is running so good right now.

The question remains here now is how can he sustain to be on top or does he even care to reach that spot knowing he is so clever on his actions towards business matters.


Title: Re: Elon musk now the richest man in earth
Post by: FanEagle on October 25, 2021, 09:37:09 PM
I have to say 230+ billion dollars is the richest we have seen so far officially, but nowhere close to what the future rich people will be. We do not have that much money right now that we could attribute it to people who are rich right now, it is the future we are talking about. One day someone will come up with something new, a new technology, a brand new idea, something that will shock the world, for maybe a decade or even longer he will just be selling pieces of his company to keep making it better and eventually he will worth over a trillion dollars.

This is how inflation works, if the rich stay at exactly the same level as they are, then inflation will cause them to get "poorer", of course they will not become poor, it would require decades or even maybe a century for them to be ever poor, but they always have that need to keep growing to get richer because of inflation.


Title: Re: Elon musk now the richest man in earth
Post by: livingfree on October 25, 2021, 10:06:26 PM
Elon musk is an example of a person who deserves to be imitated, dares to take strange policies and decisions but now everyone knows that strange thinking often makes people successful,
He's making a change not only to himself but to the entire world.

Elon musk's greatest wealth is of course because he dared to enter cryptocurrencies so that his assets increased hundreds or even thousands of percent in a year or less.
Nope.

I disagree, his main assets are off from cryptocurrencies. He dared to make a change and that's what's being paid off right now. About cryptocurrencies, it's just another thing that he wants to along with but it's not his major holdings.


Title: Re: Elon musk now the richest man in earth
Post by: coupable on October 25, 2021, 11:18:28 PM
I have to say 230+ billion dollars is the richest we have seen so far officially, but nowhere close to what the future rich people will be. We do not have that much money right now that we could attribute it to people who are rich right now, it is the future we are talking about. One day someone will come up with something new, a new technology, a brand new idea, something that will shock the world, for maybe a decade or even longer he will just be selling pieces of his company to keep making it better and eventually he will worth over a trillion dollars.
230+ is a really a giant number. I would think as the great portion of this amount as shares in different companies , as it's the value of all what he owns. I would like to know the net revenue per year/month. [Without to mention benefits from Doge coin Hype and other cryptocurrencies he tried to promote several times] .
 
This is how inflation works, if the rich stay at exactly the same level as they are, then inflation will cause them to get "poorer", of course they will not become poor, it would require decades or even maybe a century for them to be ever poor, but they always have that need to keep growing to get richer because of inflation.
Good point! But this can't describe how Mr Elon can get greed to money at the point he can create a global Hype over a shit cryptocurrency (Doge) just to make extra benefits. Could anyone count how many investors (idiots) loss their savings following the Hype?
This have nothing with inflation issue .


Title: Re: Elon musk now the richest man in earth
Post by: AndySt on October 25, 2021, 11:59:21 PM
Elon musk is an example of a person who deserves to be imitated, dares to take strange policies and decisions but now everyone knows that strange thinking often makes people successful, Elon musk's greatest wealth is of course because he dared to enter cryptocurrencies so that his assets increased hundreds or even thousands of percent in a year or less.
He enter multiple business venture and a huge risk taker that's why he became so successful nowadays, its not surprising though knowing that Elon have high influence also his businesses is running so good right now.
The question remains here now is how can he sustain to be on top or does he even care to reach that spot knowing he is so clever on his actions towards business matters.
All that can be said about Elon Musk's current position is that his wealth is based on the huge capitalization of his company. And the current capitalization of Tesla is not the real activity and profit of the company, but what kind of profit investors expect from the company in the future, which in itself is a rather risky event. The market is a rather unpredictable and chaotic thing, so it is almost impossible to make strictly defined forecasts, but if Tesla cannot maintain its growth rates, then this will inevitably affect the capitalization of the company and, accordingly, the condition of Elon Musk, unless Elon has time to sell his shares profitably and start a new promising project ;D


Title: Re: Elon musk now the richest man in earth
Post by: Luqman on October 26, 2021, 01:12:30 AM
If warren buffet believes in crypto just like how Elon use crypto to multiply his assets , Warren should be the richest man on earth until today.
We don't know about this, Buffet isn't the same as Elon. So, there is no guarantee Buffet can be successful in crypto. Elon has done a brave decision to invest in crypto, buying Bitcoin for Tesla and he also used a good strategy. Elon even used his popularity to influence crypto market, it was a crazy thing. If Buffet invested in Bitcoin, I don't think he will be the same way as Elon did.



Title: Re: Elon musk now the richest man in earth
Post by: andriarto on October 26, 2021, 01:29:39 AM
If warren buffet believes in crypto just like how Elon use crypto to multiply his assets , Warren should be the richest man on earth until today.
We don't know about this, Buffet isn't the same as Elon. So, there is no guarantee Buffet can be successful in crypto. Elon has done a brave decision to invest in crypto, buying Bitcoin for Tesla and he also used a good strategy. Elon even used his popularity to influence crypto market, it was a crazy thing. If Buffet invested in Bitcoin, I don't think he will be the same way as Elon did.


between buffet and elon is different, maybe buffet has a different view on cryptocurrencies, so he doesn't seem to focus on crypto like elon. maybe now Elon's wealth exceeds buffet, but something we can't fault is that they are successful in their own ways and with their own beliefs, until one day they are at the top together.


Title: Re: Elon musk now the richest man in earth
Post by: michellee on October 26, 2021, 02:30:27 AM
If warren buffet believes in crypto just like how Elon use crypto to multiply his assets , Warren should be the richest man on earth until today.
We don't know about this, Buffet isn't the same as Elon. So, there is no guarantee Buffet can be successful in crypto. Elon has done a brave decision to invest in crypto, buying Bitcoin for Tesla and he also used a good strategy. Elon even used his popularity to influence crypto market, it was a crazy thing. If Buffet invested in Bitcoin, I don't think he will be the same way as Elon did.


between buffet and elon is different, maybe buffet has a different view on cryptocurrencies, so he doesn't seem to focus on crypto like elon. maybe now Elon's wealth exceeds buffet, but something we can't fault is that they are successful in their own ways and with their own beliefs, until one day they are at the top together.
I doubt if Buffet misses the opportunity to make more money from crypto because, as an entrepreneur and one of the richest people, he will get advice from people around him about crypto and invest in crypto secretly. Maybe Elon can be one richest people in crypto but who knows, the title will change in the next year as with growing of the crypto, that will attract more richest people to invest in crypto. They do not want to be late to decide to invest in crypto, especially they already saw what happened to many people who already invest in crypto.


Title: Re: Elon musk now the richest man in earth
Post by: Sithara007 on October 26, 2021, 03:34:22 AM
I doubt if Buffet misses the opportunity to make more money from crypto because, as an entrepreneur and one of the richest people, he will get advice from people around him about crypto and invest in crypto secretly. Maybe Elon can be one richest people in crypto but who knows, the title will change in the next year as with growing of the crypto, that will attract more richest people to invest in crypto. They do not want to be late to decide to invest in crypto, especially they already saw what happened to many people who already invest in crypto.

I don't know if Buffet takes advice from anyone. He is someone who gives the advice. And as far as I know, he still refuses to endorse cryptocurrency. He is in his 90s and is unable to understand the technology related to cryptocurrency. Anyway, at this age, he will be more concerned about the preservation of his wealth rather than increasing it. And for doing that, he needs a stable fiat economy. Alternatives such as cryptocurrency pose a danger for that status quo. Anyway, his time is over. He made his profits during the last century and he should be proud of that. If he was making the investments now, then I am sure that he won't be as successful as he was earlier.


Title: Re: Elon musk now the richest man in earth
Post by: Betwrong on October 26, 2021, 09:10:05 AM
~
I am pretty sure if you checked how much money Elon or Jeff has, in cash, literally cash in bank, it is probably not even 1 billion dollars combined. So, what do we do? One guy is told to be worth 230+ billion dollars, and same nation has MILLIONS homeless and starving, we should find a way to prevent something like this happening, but I am not smart enough to find a solution for it neither.

You made me wondering if that's true, because, for some reason, I've never thought of how much cash those guys have in their possession, while I think it's important. So I googled it, and here's what I found

on Jeff Bezos:

According to Bloomberg, Bezos’s net worth comprises $1.34 billion in cash, $9.15 billion in private assets, and $171 billion in public assets.  (https://marketrealist.com/p/how-much-does-jeff-bezos-have-in-cash/)

on Elon Musk:


So, even though he probably has less than $1 million in idle cash, he can purchase a $75 Million house in Bel Air at the drop of a hat. (https://www.quora.com/How-much-money-does-Elon-Musk-have-in-liquid-cash)

So, the two are very different in this regard, as we can see. Some people even claim that Musk has no cash on hand at all, but, honestly, it's hard to believe that.


Title: Re: Elon musk now the richest man in earth
Post by: michellee on October 27, 2021, 12:51:30 AM
I doubt if Buffet misses the opportunity to make more money from crypto because, as an entrepreneur and one of the richest people, he will get advice from people around him about crypto and invest in crypto secretly. Maybe Elon can be one richest people in crypto but who knows, the title will change in the next year as with growing of the crypto, that will attract more richest people to invest in crypto. They do not want to be late to decide to invest in crypto, especially they already saw what happened to many people who already invest in crypto.

I don't know if Buffet takes advice from anyone. He is someone who gives the advice. And as far as I know, he still refuses to endorse cryptocurrency. He is in his 90s and is unable to understand the technology related to cryptocurrency. Anyway, at this age, he will be more concerned about the preservation of his wealth rather than increasing it. And for doing that, he needs a stable fiat economy. Alternatives such as cryptocurrency pose a danger for that status quo. Anyway, his time is over. He made his profits during the last century and he should be proud of that. If he was making the investments now, then I am sure that he won't be as successful as he was earlier.
We do not know his mind, but if someone has more wealth than the other, he will want to get more because that is human nature. We do not want others can have wealth like us, even closer to us so we will try to increase the wealth in many ways. Yes, he is in the 90s, but that does not stop him from having a passion for getting more money. Maybe he does not understand but he has an advisor's finance who will advise the opportunity in crypto and he did that without us knowing. We admit that he made his profits during the last century but that does not mean he will not explore a new thing that he can give to his descendants.


Title: Re: Elon musk now the richest man in earth
Post by: paxmao on October 27, 2021, 09:55:38 AM
I am far from being a fan of Elon "the man". I am however very impressed with the trajectory of this guy, who undeniably had the benefit of an advance education and a well to do environment, but was able to take high stakes risks and led the project (e.g. Paypal) to fruition where many failed.

Tesla has many advantages over the competitors as of now, but no castle resists the passing of rain seasons and China may throw a lot of weight behind producing a good quality electric car.


Title: Re: Elon musk now the richest man in earth
Post by: Snappycoco on October 27, 2021, 12:53:06 PM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

https://i.imgur.com/xRYNORz.jpghttps://i.imgur.com/VLNJS8t.jpg

https://i.imgur.com/5CxH3dO.jpg

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
Yeah he can. Its because he expands his wealth by having multiple business and investments. Aside from selling cars or his tesla company, he still has SpaceX and boring company that is eagerly solving the gap between humanity and space travel that could lead to space tourism. He is a genius in his approach towards cryptocurrency somehow. His tweets is making him more rich than any of us.


Title: Re: Elon musk now the richest man in earth
Post by: Kadal Ijo on October 27, 2021, 01:26:18 PM
This is a big achievement, after getting into cryptocurrencies Elon Musk's money and wealth has increased significantly and I'm sure this will make other millionaires into cryptocurrencies, and from many sources many millionaires invest into Shiba Inu so this coin continues to shine despite the current market. red.


Title: Re: Elon musk now the richest man in earth
Post by: Ngewex Yuk on October 27, 2021, 03:15:56 PM
Proof that cryptocurrencies can make people rich in a short time, I'm sure if Elon musk doesn't invest in cryptocurrencies then it will be difficult for him to become the richest person in the world, and this is hope for us to dare to make the decision to invest in cryptocurrencies.


Title: Re: Elon musk now the richest man in earth
Post by: suzanne5223 on October 27, 2021, 04:01:57 PM
I doubt if Buffet misses the opportunity to make more money from crypto because, as an entrepreneur and one of the richest people, he will get advice from people around him about crypto and invest in crypto secretly. Maybe Elon can be one richest people in crypto but who knows, the title will change in the next year as with growing of the crypto, that will attract more richest people to invest in crypto. They do not want to be late to decide to invest in crypto, especially they already saw what happened to many people who already invest in crypto.

I don't know if Buffet takes advice from anyone. He is someone who gives the advice. And as far as I know, he still refuses to endorse cryptocurrency. He is in his 90s and is unable to understand the technology related to cryptocurrency. Anyway, at this age, he will be more concerned about the preservation of his wealth rather than increasing it. And for doing that, he needs a stable fiat economy. Alternatives such as cryptocurrency pose a danger for that status quo. Anyway, his time is over. He made his profits during the last century and he should be proud of that. If he was making the investments now, then I am sure that he won't be as successful as he was earlier.
We do not know his mind, but if someone has more wealth than the other, he will want to get more because that is human nature. We do not want others can have wealth like us, even closer to us so we will try to increase the wealth in many ways. Yes, he is in the 90s, but that does not stop him from having a passion for getting more money. Maybe he does not understand but he has an advisor's finance who will advise the opportunity in crypto and he did that without us knowing. We admit that he made his profits during the last century but that does not mean he will not explore a new thing that he can give to his descendants.
Buffet is old but his brain is not old and smart people like him can easily understand Bitcoin and choose not to endorse or make an announcement about it cause it may influence the decision of people that sees him as god just like we see Elon Musk doing through his tweet. However, if he makes an announcement about people that invested in his company may choose Bitcoin over it. Therefore, he believes he invested secretly in Bitcoin.
Having said that, I don't know where the OP gets the information about Elon to be the world richest man in the world but according to Forbes (https://www.forbes.com/billionaires/) Jeff Bezos is still the richest man alive.


Title: Re: Elon musk now the richest man in earth
Post by: BITCOIN4X on October 27, 2021, 05:15:53 PM
Proof that cryptocurrencies can make people rich in a short time, I'm sure if Elon musk doesn't invest in cryptocurrencies then it will be difficult for him to become the richest person in the world, and this is hope for us to dare to make the decision to invest in cryptocurrencies.
You need to know that before Elon Musk decided to invest in bitcoin and adopt it as a means of payment to Tesla, he was already among the richest people in the world even though the order was still at the bottom. He is taking a step forward with bitcoin and investing and constantly creating hype with his tweet. His success to become the richest man not only he has the courage, but he also has a large capital and knows when to buy in large quantities.


Title: Re: Elon musk now the richest man in earth
Post by: herurist on October 27, 2021, 06:08:57 PM

I doubt if Buffet misses the opportunity to make more money from crypto because, as an entrepreneur and one of the richest people, he will get advice from people around him about crypto and invest in crypto secretly. Maybe Elon can be one richest people in crypto but who knows, the title will change in the next year as with growing of the crypto, that will attract more richest people to invest in crypto. They do not want to be late to decide to invest in crypto, especially they already saw what happened to many people who already invest in crypto.
I don't want to speculate much about this considering that until now, especially in the media, he still strongly rejects everything related to bitcoin.
but it does not rule out the possibility that this can be justified because we do not know for sure about it because the one who knows it is of course he himself.
but what is certain is that everyone has secrets and buffet must have them regardless of whether he has or not I think what he said about bitcoin and crypto could be a spice to make something.


Title: Re: Elon musk now the richest man in earth
Post by: carlfebz2 on October 27, 2021, 06:51:36 PM

I doubt if Buffet misses the opportunity to make more money from crypto because, as an entrepreneur and one of the richest people, he will get advice from people around him about crypto and invest in crypto secretly. Maybe Elon can be one richest people in crypto but who knows, the title will change in the next year as with growing of the crypto, that will attract more richest people to invest in crypto. They do not want to be late to decide to invest in crypto, especially they already saw what happened to many people who already invest in crypto.
I don't want to speculate much about this considering that until now, especially in the media, he still strongly rejects everything related to bitcoin.
but it does not rule out the possibility that this can be justified because we do not know for sure about it because the one who knows it is of course he himself.
but what is certain is that everyone has secrets and buffet must have them regardless of whether he has or not I think what he said about bitcoin and crypto could be a spice to make something.
When it comes to those people who are mostly heavily centralized or banksters in short then i dont really mind much on listening out on what are those
words coming from their mouth.

Yes, their words might be significant but it wont really be a precise thing for you to rely on and making it as a basis towards your investment.
It doesnt matter on whose the richest or what because it wont really be basing off with the ranking.

It is mostly mattering on how someone been diving in and gets involved in the market and the steps that they are making.


Title: Re: Elon musk now the richest man in earth
Post by: ReiMomo on October 27, 2021, 07:10:24 PM
He will sustain or will try to sustain it or even have his own new target more than what he has achieved now. Yes, his Telsa has proven to be the best and safe ones assuring a huge value to its customers and this has brought him to this level. I am sure as the time goes by, he will assure everyone of his consistency in providing the the best to his customers in turn his stock value would lift him up to the level 1 of being the top richest person in the world.


Title: Re: Elon musk now the richest man in earth
Post by: South Park on October 27, 2021, 10:01:31 PM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
Do you think Musk cares about something like this? I mean if I had so much money I will care about my own goals and how to reach them and not about whether or not I happen to have more money than another billionaire, but what do I know? I am not a billionaire and I do not understand how their minds work, so maybe Musk does indeed cares about something like this, in which case I think it is possible he will retain that position for a long time.


Title: Re: Elon musk now the richest man in earth
Post by: blockman on October 27, 2021, 10:40:42 PM
he still strongly rejects everything related to bitcoin.
No mate. He doesn't reject bitcoin anymore, there's a new tweet from him that he said he only owns bitcoin, ethereum, and dogecoin. And that's why those that don't like him because he keeps on saying rejection about bitcoin before, started to like him back.
We don't know how long he's going to tell that again and maybe in the nearest future, there's going to be a change of heart again from him and would bash bitcoin once again.


Title: Re: Elon musk now the richest man in earth
Post by: Mahanton on October 27, 2021, 10:59:19 PM
he still strongly rejects everything related to bitcoin.
No mate. He doesn't reject bitcoin anymore, there's a new tweet from him that he said he only owns bitcoin, ethereum, and dogecoin. And that's why those that don't like him because he keeps on saying rejection about bitcoin before, started to like him back.
We don't know how long he's going to tell that again and maybe in the nearest future, there's going to be a change of heart again from him and would bash bitcoin once again.
As a billionaire then it wont really be that giving out some good feels when a huge community would really be having a bad impression to you because you do have negative views and impression towards bitcoin where the community will normally react and hate all things that do hate bitcoin itself.
If he owned bitcoin then that will really changed up things and people who hate him would like him back. On this community it doesnt really matter
if  you are a billionaire or average joe because we do all believe on the same thing.


Title: Re: Elon musk now the richest man in earth
Post by: blockman on October 27, 2021, 11:24:22 PM
he still strongly rejects everything related to bitcoin.
No mate. He doesn't reject bitcoin anymore, there's a new tweet from him that he said he only owns bitcoin, ethereum, and dogecoin. And that's why those that don't like him because he keeps on saying rejection about bitcoin before, started to like him back.
We don't know how long he's going to tell that again and maybe in the nearest future, there's going to be a change of heart again from him and would bash bitcoin once again.
As a billionaire then it wont really be that giving out some good feels when a huge community would really be having a bad impression to you because you do have negative views and impression towards bitcoin where the community will normally react and hate all things that do hate bitcoin itself.
If he owned bitcoin then that will really changed up things and people who hate him would like him back. On this community it doesnt really matter
if  you are a billionaire or average joe because we do all believe on the same thing.
It does. Remember the time when Tesla has announced its ownership and bought bitcoin? the market has changed a lot. And when the time that Elon speaks against bitcoin about renewable energy for mining then that also changed a lot to the market.
This time, as he admit that he owns bitcoin there's not that much change and all the attention goes to the other meme coin that he likes although admitted that he don't own any, shiba.


Title: Re: Elon musk now the richest man in earth
Post by: michellee on October 28, 2021, 03:00:58 AM
I doubt if Buffet misses the opportunity to make more money from crypto because, as an entrepreneur and one of the richest people, he will get advice from people around him about crypto and invest in crypto secretly. Maybe Elon can be one richest people in crypto but who knows, the title will change in the next year as with growing of the crypto, that will attract more richest people to invest in crypto. They do not want to be late to decide to invest in crypto, especially they already saw what happened to many people who already invest in crypto.

I don't know if Buffet takes advice from anyone. He is someone who gives the advice. And as far as I know, he still refuses to endorse cryptocurrency. He is in his 90s and is unable to understand the technology related to cryptocurrency. Anyway, at this age, he will be more concerned about the preservation of his wealth rather than increasing it. And for doing that, he needs a stable fiat economy. Alternatives such as cryptocurrency pose a danger for that status quo. Anyway, his time is over. He made his profits during the last century and he should be proud of that. If he was making the investments now, then I am sure that he won't be as successful as he was earlier.
We do not know his mind, but if someone has more wealth than the other, he will want to get more because that is human nature. We do not want others can have wealth like us, even closer to us so we will try to increase the wealth in many ways. Yes, he is in the 90s, but that does not stop him from having a passion for getting more money. Maybe he does not understand but he has an advisor's finance who will advise the opportunity in crypto and he did that without us knowing. We admit that he made his profits during the last century but that does not mean he will not explore a new thing that he can give to his descendants.
Buffet is old but his brain is not old and smart people like him can easily understand Bitcoin and choose not to endorse or make an announcement about it cause it may influence the decision of people that sees him as god just like we see Elon Musk doing through his tweet. However, if he makes an announcement about people that invested in his company may choose Bitcoin over it. Therefore, he believes he invested secretly in Bitcoin.
Having said that, I don't know where the OP gets the information about Elon to be the world richest man in the world but according to Forbes (https://www.forbes.com/billionaires/) Jeff Bezos is still the richest man alive.

Yes, it is better to invest secretly without anyone knowing than to announce to the public. It will make him get asked by the media and the media can easily compare with Elon or other richest people who already invest in bitcoin. Besides that, if Buffett announced that he has bitcoin, that can attract the government's attention or the authority to know more about how many bitcoins he had.

Forbes says Jeff Bezos is the richest man based on the fiat that he has and not bitcoin but maybe Elon has many bitcoin but if he does not sell his bitcoin, then it will not be the same if someone has much money like Jeff Bezos.


I doubt if Buffet misses the opportunity to make more money from crypto because, as an entrepreneur and one of the richest people, he will get advice from people around him about crypto and invest in crypto secretly. Maybe Elon can be one richest people in crypto but who knows, the title will change in the next year as with growing of the crypto, that will attract more richest people to invest in crypto. They do not want to be late to decide to invest in crypto, especially they already saw what happened to many people who already invest in crypto.
I don't want to speculate much about this considering that until now, especially in the media, he still strongly rejects everything related to bitcoin.
but it does not rule out the possibility that this can be justified because we do not know for sure about it because the one who knows it is of course he himself.
but what is certain is that everyone has secrets and buffet must have them regardless of whether he has or not I think what he said about bitcoin and crypto could be a spice to make something.
We should let it be like that as Buffet does not tell about his interest in bitcoin and we only knew that Elon has bitcoin. Yes, everyone will have their secret that they do not want to tell the public, and that is their privacy. Sometimes, the media does not tell the truth because the media want to search for the publicity of the news to modify the real story just to get more attention from the public.


Title: Re: Elon musk now the richest man in earth
Post by: mich on October 28, 2021, 06:12:26 AM
I think Elon Musk is the richest man in the world because the market favors potential growth over realistic earnings.
In my opinion Tesla is not nearly as profitable as wall street predicts because nearly every other major car company is going electric in the coming years.
However, you have to give credit where credit is due, Tesla really was first to market with electric cars for the masses. 


Title: Re: Elon musk now the richest man in earth
Post by: lienfaye on October 28, 2021, 07:00:59 AM
Well, no one knows for sure. But he is a businessman, an investor and an influencer who can hype a specific coin just by saying a word. He can sustain to be on the top if everything goes well with his business and investments.

But nothing is permanent thus we cant really say what lies ahead. Plus I dont think we should mind this thing because its not our problem and even he was replaced as the top 1 billionaire in the world, still, he remain rich and thats undeniable.


Title: Re: Elon musk now the richest man in earth
Post by: xSkylarx on October 28, 2021, 07:05:40 AM
he still strongly rejects everything related to bitcoin.
No mate. He doesn't reject bitcoin anymore, there's a new tweet from him that he said he only owns bitcoin, ethereum, and dogecoin. And that's why those that don't like him because he keeps on saying rejection about bitcoin before, started to like him back.
We don't know how long he's going to tell that again and maybe in the nearest future, there's going to be a change of heart again from him and would bash bitcoin once again.
As a billionaire then it wont really be that giving out some good feels when a huge community would really be having a bad impression to you because you do have negative views and impression towards bitcoin where the community will normally react and hate all things that do hate bitcoin itself.
If he owned bitcoin then that will really changed up things and people who hate him would like him back. On this community it doesnt really matter
if  you are a billionaire or average joe because we do all believe on the same thing.
It does. Remember the time when Tesla has announced its ownership and bought bitcoin? the market has changed a lot. And when the time that Elon speaks against bitcoin about renewable energy for mining then that also changed a lot to the market.
This time, as he admit that he owns bitcoin there's not that much change and all the attention goes to the other meme coin that he likes although admitted that he don't own any, shiba.

Isn't it true that he also hyped the Doge? I believe that when the biggest influencers or those powerful people say or post something on social media about something, people are compelled to learn about it. For example, when he mentioned bitcoin, most people became curious and began to research it, and the price skyrocketed as a result of so many people buying it. If someone like Elon Musk speaks about bitcoin or other crypto currencies, this is most likely to happen.


Title: Re: Elon musk now the richest man in earth
Post by: robattfield on October 28, 2021, 09:10:50 AM
The person with the most money in the world right now... 
Although I don't like Elon's appearance in the cryptocurrency market, I have to admit what Elon contributes to the earth is very remarkable. I am very interested in ELon's Mars habitable research programs, vision ahead.


Title: Re: Elon musk now the richest man in earth
Post by: Alert31 on October 28, 2021, 12:39:23 PM
Everything has an end, wealth, fame, and life itself. There is no permanent in this world. Perhaps today Elon Musk is the richest man in the world but in the future or after a few years, you will be surprised that there is another personality raised from nothing to more than Elon Musk today. However, no one knows what will happen in the future and no one can predict what will happen in everyone’s life.


Title: Re: Elon musk now the richest man in earth
Post by: blockman on October 28, 2021, 02:18:09 PM
he still strongly rejects everything related to bitcoin.
No mate. He doesn't reject bitcoin anymore, there's a new tweet from him that he said he only owns bitcoin, ethereum, and dogecoin. And that's why those that don't like him because he keeps on saying rejection about bitcoin before, started to like him back.
We don't know how long he's going to tell that again and maybe in the nearest future, there's going to be a change of heart again from him and would bash bitcoin once again.
As a billionaire then it wont really be that giving out some good feels when a huge community would really be having a bad impression to you because you do have negative views and impression towards bitcoin where the community will normally react and hate all things that do hate bitcoin itself.
If he owned bitcoin then that will really changed up things and people who hate him would like him back. On this community it doesnt really matter
if  you are a billionaire or average joe because we do all believe on the same thing.
It does. Remember the time when Tesla has announced its ownership and bought bitcoin? the market has changed a lot. And when the time that Elon speaks against bitcoin about renewable energy for mining then that also changed a lot to the market.
This time, as he admit that he owns bitcoin there's not that much change and all the attention goes to the other meme coin that he likes although admitted that he don't own any, shiba.

Isn't it true that he also hyped the Doge? I believe that when the biggest influencers or those powerful people say or post something on social media about something, people are compelled to learn about it. For example, when he mentioned bitcoin, most people became curious and began to research it, and the price skyrocketed as a result of so many people buying it. If someone like Elon Musk speaks about bitcoin or other crypto currencies, this is most likely to happen.
He was also the one that has hyped Dogecoin and that's why many of the followers of his in the market are waiting for his crypto related tweets. They're all reliant to him because every time he talks about something about a coin, there's a followed up pump from it if he's been tweeting positive about it. Just as now, IMHO after this Shiba pump, he's going to do something again about Dogecoin and will make it up.


Title: Re: Elon musk now the richest man in earth
Post by: Pejoh Asu on October 28, 2021, 02:41:28 PM
Elon Musk always thinks uniquely and often confuses people, but because of his unique idea and entry into cryptocurrencies, he became the richest person in the world, now by investing in cryptocurrencies his wealth can increase at least $1 billion per day.


Title: Re: Elon musk now the richest man in earth
Post by: herurist on October 28, 2021, 03:24:45 PM

I doubt if Buffet misses the opportunity to make more money from crypto because, as an entrepreneur and one of the richest people, he will get advice from people around him about crypto and invest in crypto secretly. Maybe Elon can be one richest people in crypto but who knows, the title will change in the next year as with growing of the crypto, that will attract more richest people to invest in crypto. They do not want to be late to decide to invest in crypto, especially they already saw what happened to many people who already invest in crypto.
I don't want to speculate much about this considering that until now, especially in the media, he still strongly rejects everything related to bitcoin.
but it does not rule out the possibility that this can be justified because we do not know for sure about it because the one who knows it is of course he himself.
but what is certain is that everyone has secrets and buffet must have them regardless of whether he has or not I think what he said about bitcoin and crypto could be a spice to make something.
When it comes to those people who are mostly heavily centralized or banksters in short then i dont really mind much on listening out on what are those
words coming from their mouth.

Yes, their words might be significant but it wont really be a precise thing for you to rely on and making it as a basis towards your investment.
It doesnt matter on whose the richest or what because it wont really be basing off with the ranking.

It is mostly mattering on how someone been diving in and gets involved in the market and the steps that they are making.
it is true as you say because indeed the words of people like this have an impact because if they are likened to be the center and the words of these famous people will always be used as material for both pros and cons.
but indeed this is back again to each of us regardless of what this famous person said whether it is good or bad it all comes back to each individual.
and I am one of those people who are currently against what buffet says because even though he is a famous person but I am not obliged to follow what ida says and I believe in my choices and let him also believe in the choices he makes.


Title: Re: Elon musk now the richest man in earth
Post by: suzanne5223 on October 29, 2021, 03:18:42 PM
I doubt if Buffet misses the opportunity to make more money from crypto because, as an entrepreneur and one of the richest people, he will get advice from people around him about crypto and invest in crypto secretly. Maybe Elon can be one richest people in crypto but who knows, the title will change in the next year as with growing of the crypto, that will attract more richest people to invest in crypto. They do not want to be late to decide to invest in crypto, especially they already saw what happened to many people who already invest in crypto.

I don't know if Buffet takes advice from anyone. He is someone who gives the advice. And as far as I know, he still refuses to endorse cryptocurrency. He is in his 90s and is unable to understand the technology related to cryptocurrency. Anyway, at this age, he will be more concerned about the preservation of his wealth rather than increasing it. And for doing that, he needs a stable fiat economy. Alternatives such as cryptocurrency pose a danger for that status quo. Anyway, his time is over. He made his profits during the last century and he should be proud of that. If he was making the investments now, then I am sure that he won't be as successful as he was earlier.
We do not know his mind, but if someone has more wealth than the other, he will want to get more because that is human nature. We do not want others can have wealth like us, even closer to us so we will try to increase the wealth in many ways. Yes, he is in the 90s, but that does not stop him from having a passion for getting more money. Maybe he does not understand but he has an advisor's finance who will advise the opportunity in crypto and he did that without us knowing. We admit that he made his profits during the last century but that does not mean he will not explore a new thing that he can give to his descendants.
Buffet is old but his brain is not old and smart people like him can easily understand Bitcoin and choose not to endorse or make an announcement about it cause it may influence the decision of people that sees him as god just like we see Elon Musk doing through his tweet. However, if he makes an announcement about people that invested in his company may choose Bitcoin over it. Therefore, he believes he invested secretly in Bitcoin.
Having said that, I don't know where the OP gets the information about Elon to be the world richest man in the world but according to Forbes (https://www.forbes.com/billionaires/) Jeff Bezos is still the richest man alive.

Yes, it is better to invest secretly without anyone knowing than to announce to the public. It will make him get asked by the media and the media can easily compare with Elon or other richest people who already invest in bitcoin. Besides that, if Buffett announced that he has bitcoin, that can attract the government's attention or the authority to know more about how many bitcoins he had.

Forbes says Jeff Bezos is the richest man based on the fiat that he has and not bitcoin but maybe Elon has many bitcoin but if he does not sell his bitcoin, then it will not be the same if someone has much money like Jeff Bezos.
I agree with what you said about Buffet's public announcement of him holding Bitcoin to attract the attention of the authority because Buffet was once said to be the master of avoiding taxes so he could secretly hold Bitcoin or privacy coins to achieve that again.

About the world's richest man on earth, Elon Musk has Bitcoin but do we know how many Bitcoin that personally belong to him not the Tesla group because the Bitcoin he talked about the Tesla company doesn't only belong to him. Besides, people like him are conny.


Title: Re: Elon musk now the richest man in earth
Post by: nur rochid on October 30, 2021, 07:09:27 AM
Elon Musk always thinks uniquely and often confuses people, but because of his unique idea and entry into cryptocurrencies, he became the richest person in the world, now by investing in cryptocurrencies his wealth can increase at least $1 billion per day.
he is an intelligent person whose thoughts are unpredictable, by having many followers he has a large capital to hypnotize people to follow his strategy, and there are still many people who believe, although there are also many people who are disappointed. but with his current position, of course he will be one of the influential people in cryptocurrency, every word he says will certainly be analyzed by everyone


Title: Re: Elon musk now the richest man in earth
Post by: Finestream on October 31, 2021, 05:23:28 PM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

https://i.imgur.com/xRYNORz.jpghttps://i.imgur.com/VLNJS8t.jpg

https://i.imgur.com/5CxH3dO.jpg

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?

As of 4th quarter of 2021, Elon Musk have an estimated net worth of $292.6 Billion and stands on the top of worlds richest person alive.
I think Elon will stay for this spot much longer than Warren Buffet, Bill Gates and Jeff Bezos combined. It's because he's the CEO and founder of SpaceX, owns Tesla and founder of the famous "The Boring Company", he also invested in ETH, dogecoin and probably have the most coins of bitcoin. And also, maybe we can really hear stories from people who keeps trusting his words and following his shadows who will probably sold their assets in few months or years to come.


Title: Re: Elon musk now the richest man in earth
Post by: Betwrong on November 01, 2021, 11:09:42 AM
~
As of 4th quarter of 2021, Elon Musk have an estimated net worth of $292.6 Billion and stands on the top of worlds richest person alive.
I think Elon will stay for this spot much longer than Warren Buffet, Bill Gates and Jeff Bezos combined. It's because he's the CEO and founder of SpaceX, owns Tesla and founder of the famous "The Boring Company", he also invested in ETH, dogecoin and probably have the most coins of bitcoin. And also, maybe we can really hear stories from people who keeps trusting his words and following his shadows who will probably sold their assets in few months or years to come.

Out of all public companies Tesla takes the 2nd position after MicroStrategy in regards to holding the most BTC:


But that's among public companies. I bet there are several not so public companies or individuals holding much more Bitcoin each.

Regarding Buffet, he'll definitely be out of the league soon. I'm not so sure about Bill Gates and Jeff Bezos. Those guys are keep pacing with the times, imo.


Title: Re: Elon musk now the richest man in earth
Post by: Koro-Sensei on November 01, 2021, 02:27:47 PM
Everything has an end, wealth, fame, and life itself. There is no permanent in this world. Perhaps today Elon Musk is the richest man in the world but in the future or after a few years, you will be surprised that there is another personality raised from nothing to more than Elon Musk today. However, no one knows what will happen in the future and no one can predict what will happen in everyone’s life.
The question is can he sustain his wealth. Well, in my honest opinion he can. Lots of untapped resources are his targets so it could being him lots of more money. Space tour could be one if his SpaceX succeeded in their missions. Another thing is his global internet made also possible by his SpaceX. Aside from that, his boring company could also attribute some to his wealth soon once its fully operational.


Title: Re: Elon musk now the richest man in earth
Post by: Desmong on November 01, 2021, 05:09:00 PM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

https://i.imgur.com/xRYNORz.jpghttps://i.imgur.com/VLNJS8t.jpg

https://i.imgur.com/5CxH3dO.jpg

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
Elon Musk is a great that deserves an accolade. He had really done well becoming great again. Although his contention in the cryptocurrency market is what had pushed some investors to there kneels. Crypto is a game of the strongest. If you are weak, you may end up losing your funds if care is not taken. Elon had strive had to get to the stage of becoming the greatest.


Title: Re: Elon musk now the richest man in earth
Post by: South Park on November 03, 2021, 08:21:26 PM
I think Elon Musk is the richest man in the world because the market favors potential growth over realistic earnings.
In my opinion Tesla is not nearly as profitable as wall street predicts because nearly every other major car company is going electric in the coming years.
However, you have to give credit where credit is due, Tesla really was first to market with electric cars for the masses. 
That is the way things work, for example the case of bitcoin is similar, many complain that the price of bitcoin does not reflect its everyday usage and in a way they are right but that is because the people that are buying bitcoin are seeing the potential that bitcoin has, now in the case of bitcoin I think that potential is going to eventually materialize, while in the case of Tesla many other car manufacturers will eventually catch up to them and the price of the stock will eventually go down.


Title: Re: Elon musk now the richest man in earth
Post by: stomachgrowls on November 03, 2021, 08:27:02 PM
This is should how billionaires at least do with their wealth.

https://www.cbsnews.com/news/elon-musk-tesla-shares-world-hunger-united-nations/
https://www.cnbc.com/2021/11/01/elon-musk-tells-un-food-chief-hell-spend-6-billion-to-fight-hunger.html

Donating up 6 billion for that world hunger problem? This isnt something that you could see on everyday.
What a nice move by the richest man in earth.


Title: Re: Elon musk now the richest man in earth
Post by: finaleshot2016 on November 03, 2021, 09:03:22 PM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

https://i.imgur.com/xRYNORz.jpghttps://i.imgur.com/VLNJS8t.jpg

https://i.imgur.com/5CxH3dO.jpg

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
Of course he can; Elon Musk isn't simply a regular guy who became rich. He's a genius, and he's used his knowledge to rise to the top of the financial ladder. With the current state of finance, he has invested in crypto, which has yielded significant earnings. Tesla, his company, made a large profit in Bitcoin, which they invested heavily in the second quarter of 2021. So obviously, he can sustain himself from being at the top of the leaderboards.


Title: Re: Elon musk now the richest man in earth
Post by: jostorres on November 03, 2021, 09:59:42 PM
The question is can he sustain his wealth. Well, in my honest opinion he can. Lots of untapped resources are his targets so it could being him lots of more money. Space tour could be one if his SpaceX succeeded in their missions. Another thing is his global internet made also possible by his SpaceX. Aside from that, his boring company could also attribute some to his wealth soon once its fully operational.
He is real good mind person and doing some great things which will help him for staying on top for some long time because innovative mind peoples can change things very quickly for their own sack his few projects are unique like already mentioned if his SpaceX succeeded then surely he is going to be touch some more highs.

His interest in crypto is also having good impact because he already had some good number of solid coins which are helping him and showing how strong is he because crypto holding at this level is just some very strong attitude, so he is holding this all. As he is mentioning he could be very positive in crypto even too many peoples don't like his style in crypto, but he is going to have some positive impact on this in future.


Title: Re: Elon musk now the richest man in earth
Post by: Kelvinid on November 03, 2021, 11:35:14 PM
The question is can he sustain his wealth. Well, in my honest opinion he can. Lots of untapped resources are his targets so it could being him lots of more money. Space tour could be one if his SpaceX succeeded in their missions. Another thing is his global internet made also possible by his SpaceX. Aside from that, his boring company could also attribute some to his wealth soon once its fully operational.
He is real good mind person and doing some great things which will help him for staying on top for some long time because innovative mind peoples can change things very quickly for their own sack his few projects are unique like already mentioned if his SpaceX succeeded then surely he is going to be touch some more highs.

His interest in crypto is also having good impact because he already had some good number of solid coins which are helping him and showing how strong is he because crypto holding at this level is just some very strong attitude, so he is holding this all. As he is mentioning he could be very positive in crypto even too many peoples don't like his style in crypto, but he is going to have some positive impact on this in future.
It is a billionaire mindset, they will never lose any opportunity and take advantage of it, that is what he does to crypto and made him become the richest man on earth. Well, I guess he deserves that and he did it.

For many interesting experiments and discoveries, he had and the team is working hard, they finally get what he deserves. It looks very interesting and possibly more inventions will come into his mind which it brings his name again on the top. This is a form of competition and in some cases, they use evil things in order to gain achievements. Well, I hope he did nothing and he won't plan it.


Title: Re: Elon musk now the richest man in earth
Post by: 19Nov16 on November 04, 2021, 08:45:05 AM
The courage to invest in crypto has made Elon Musk the richest person in the world, especially with the current value of crypto I believe Elon Musk's wealth is 3x the wealth of Bill Gates, this makes us have to be optimistic that crypto investment can change our lives for the better and even become rich and have passive income.


Title: Re: Elon musk now the richest man in earth
Post by: Dragonfund on November 05, 2021, 11:38:11 AM
Don't know how long this title will continue to last on Elon Musk as the richest man, but what I do know is that nothing lasts forever in this world and what is certain is that over time there will be replacements that have occurred before in the future.

You think so?
You should have keep checking because that man has no intention of slowing down anytime soon. It almost double Jeff Bezoz the last time I check and the value and assets keeps increasing every day, thanks Bitcoin, ethereum and Doge (cryptocurrency in generally).
For now, the Techno king remains the king except when a new and energetic person like him comes on bord else he will remain the top till his date or may be old age but for now, he is very focus, he is even wise by not having woman by his side.  ;D


Title: Re: Elon musk now the richest man in earth
Post by: D-law on November 05, 2021, 02:14:52 PM
He had successfully become the richest man on planet Earth making him have the highest investment ever. After the turbulence he created in the cryptocurrency world, we are all happy to see this story. Although we'll know that he will eventually become the richest. He is a real investor with so many brains.


Title: Re: Elon musk now the richest man in earth
Post by: sarmrakib on November 05, 2021, 02:42:55 PM
Everything has an end, wealth, fame, and life itself. There is no permanent in this world. Perhaps today Elon Musk is the richest man in the world but in the future or after a few years, you will be surprised that there is another personality raised from nothing to more than Elon Musk today. However, no one knows what will happen in the future and no one can predict what will happen in everyone’s life.
We are just talking about the recent time and the data is showing how much money he has .Its true that anything can change any time but he is making an impact every time when he is writing something about crypto .The market are follow the news he has changed many of the crypto investor after publishing several post on regards crypto and Dogecoin  .I think we should need more careful with our asset to apply anything on his news .


Title: Re: Elon musk now the richest man in earth
Post by: kapalmabur on November 05, 2021, 06:48:18 PM
Elon musk always makes phenomenal things, when there are many negative campaigns and bitcoin banned then he invests bitcoin, and now it is proven that what he is doing will be an inspiration for anyone to invest bitcoin, I believe elon musk's wealth can increase to billions of dollars because of the price of bitcoin which continues to rise.
It's amazing what Elon Musk did and on the other hand there are a lot of people who hate him too,
there is no doubt that Elon Musk's wealth will continue to grow,
he really isn't satisfied with what he's achieved so far


Title: Re: Elon musk now the richest man in earth
Post by: Hippocrypto on November 06, 2021, 03:10:03 PM
Elon musk always makes phenomenal things, when there are many negative campaigns and bitcoin banned then he invests bitcoin, and now it is proven that what he is doing will be an inspiration for anyone to invest bitcoin, I believe elon musk's wealth can increase to billions of dollars because of the price of bitcoin which continues to rise.
It's amazing what Elon Musk did and on the other hand there are a lot of people who hate him too,
there is no doubt that Elon Musk's wealth will continue to grow,
he really isn't satisfied with what he's achieved so far
He can surely sustain as being the richest man on earth but the question is, Can he surely maintain his position? Well, nobody really stays at the top forever, as time goes on things begins to change. Especially he isn't that satisfied with what he achieved so far. He should enjoy while it lasts. Hard times coming soon.


Title: Re: Elon musk now the richest man in earth
Post by: magnum1010 on November 07, 2021, 06:01:01 AM
My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
Everything depends on Tesla shares' price as Elon Musk's capital is mostly invested in this company, so if the price remains high, Elon will keep his position of the richest man. I think that he will continue invest in crypto and he will investigate this market more deeply as it is really interesting so he will work on some crypto projects I think.


Title: Re: Elon musk now the richest man in earth
Post by: Joshapat on November 07, 2021, 09:53:15 AM
My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?
Everything depends on Tesla shares' price as Elon Musk's capital is mostly invested in this company, so if the price remains high, Elon will keep his position of the richest man. I think that he will continue invest in crypto and he will investigate this market more deeply as it is really interesting so he will work on some crypto projects I think.

I think the thing that made Elon Musk shot to become the richest man was because he dared to invest in cryptocurrencies, he even created a special company that invests and analyzes which cryptos will skyrocket in the market so that with the power of money now he can pump the coins to buys.


Title: Re: Elon musk now the richest man in earth
Post by: peter0425 on November 07, 2021, 09:59:18 AM
i remember Years before it is Bill Gates has been recorded to be the Richest man Alive , and years past now it is ELon Musk who took the record.

Meaning in the next couple or 10 years he will be replaced by another billionaire , Though year is still fresh and let elon celebrate his success for now.
He had successfully become the richest man on planet Earth making him have the highest investment ever. After the turbulence he created in the cryptocurrency world, we are all happy to see this story. Although we'll know that he will eventually become the richest. He is a real investor with so many brains.
Let him be..


Title: Re: Elon musk now the richest man in earth
Post by: yananda on November 07, 2021, 10:45:59 AM
Of course, with more and more innovations in the future it can bring up new names for the richest people
the net worth they have is more in the form of assets that will continue to grow


Title: Re: Elon musk now the richest man in earth
Post by: Betwrong on November 08, 2021, 08:30:46 AM
i remember Years before it is Bill Gates has been recorded to be the Richest man Alive , and years past now it is ELon Musk who took the record.

Meaning in the next couple or 10 years he will be replaced by another billionaire , Though year is still fresh and let elon celebrate his success for now.
He had successfully become the richest man on planet Earth making him have the highest investment ever. After the turbulence he created in the cryptocurrency world, we are all happy to see this story. Although we'll know that he will eventually become the richest. He is a real investor with so many brains.
Let him be..

Our world is world is so fast-changing today that I think Musk will be replaced earlier. I hope losing the top position among the richest people on Earth will not make him frustrated much. I mean, if he was that kind of person he'd hardly achieve today's heights. I bet he doesn't care about those rankings, just doing his job and getting them as bonuses.


Title: Re: Elon musk now the richest man in earth
Post by: goldkingcoiner on November 08, 2021, 09:51:46 AM

I'm sure he can sustain. He does have Bitcoin more than anyone. If Bitcoin will really become $100K, he still going to be rich even if the value of his Billions in fiat is driping.

Keeping his place on top is difficult to do, there's always going to be a better one coming in few years. But why does he need to be on top all the time, he can move to mars he wanted to invade that planet, I'm sure not any Chinese have a residence there yet.





Also, I doubt very much that Elon Musk will ever succumb to actually selling any of his stock or Bitcoins, unless he absolutely has to. I remember watching a interview video where he explains to the rude karens of the world, that he does not pay taxes because he does not sell his stock. Even when his stock was plummeting and all hope seemed to be lost. He never sold.

He only sells if he has to, because of the expiring options. Other than that, he has always been very very loyal. So I feel that his Bitcoin will be hodled, possibly for the next 100 years.

We should all strive to be like him. ;D


Title: Re: Elon musk now the richest man in earth
Post by: Betwrong on November 15, 2021, 09:59:16 AM
~

Also, I doubt very much that Elon Musk will ever succumb to actually selling any of his stock or Bitcoins, unless he absolutely has to. I remember watching a interview video where he explains to the rude karens of the world, that he does not pay taxes because he does not sell his stock. Even when his stock was plummeting and all hope seemed to be lost. He never sold.

He only sells if he has to, because of the expiring options. Other than that, he has always been very very loyal. So I feel that his Bitcoin will be hodled, possibly for the next 100 years.

We should all strive to be like him. ;D

Well, some of us just can't do that. From time to time we encounter situations when we need cash and we don't have it, and there's no place to borrow from. That's when we cash out, even knowing perfectly that the price is much lower than it will(most likely) be in several months.

But this guy, Elon Musk, never being short of cash, he can afford such behavior.

Regarding taxes, he's going to pay them soon:

Elon Musk on Wednesday sold about 900,000 shares of the electric carmaker's stock, netting over $1.1 billion (€960 million), to pay tax obligations for stock options. Earlier in the week, his trust sold nearly 3.6 million shares in Tesla, worth around $4 billion


Title: Re: Elon musk now the richest man in earth
Post by: goldkingcoiner on November 15, 2021, 02:34:18 PM
~

Also, I doubt very much that Elon Musk will ever succumb to actually selling any of his stock or Bitcoins, unless he absolutely has to. I remember watching a interview video where he explains to the rude karens of the world, that he does not pay taxes because he does not sell his stock. Even when his stock was plummeting and all hope seemed to be lost. He never sold.

He only sells if he has to, because of the expiring options. Other than that, he has always been very very loyal. So I feel that his Bitcoin will be hodled, possibly for the next 100 years.

We should all strive to be like him. ;D

Well, some of us just can't do that. From time to time we encounter situations when we need cash and we don't have it, and there's no place to borrow from. That's when we cash out, even knowing perfectly that the price is much lower than it will(most likely) be in several months.

But this guy, Elon Musk, never being short of cash, he can afford such behavior.

Regarding taxes, he's going to pay them soon:

Elon Musk on Wednesday sold about 900,000 shares of the electric carmaker's stock, netting over $1.1 billion (€960 million), to pay tax obligations for stock options. Earlier in the week, his trust sold nearly 3.6 million shares in Tesla, worth around $4 billion

Thats not what I meant. I can fully understand and appreciate the situation of people who need to cash out to finance their own lives, that is very familiar to me as I have experienced it before as well. What I meant by my last post was that Elon Musk has poured his trust into his ventures and has not shown cowardice or pulled out even when most of us would have experienced great fear and cashed out. He has also never been driven by greed or selfishness. So what I meant by being like Elon Musk is being a grounded, steady person who sees things through, to the end.


Title: Re: Elon musk now the richest man in earth
Post by: bitzizzix on November 16, 2021, 05:27:59 AM
Elon musk always makes phenomenal things, when there are many negative campaigns and bitcoin banned then he invests bitcoin, and now it is proven that what he is doing will be an inspiration for anyone to invest bitcoin, I believe elon musk's wealth can increase to billions of dollars because of the price of bitcoin which continues to rise.
It's amazing what Elon Musk did and on the other hand there are a lot of people who hate him too,
there is no doubt that Elon Musk's wealth will continue to grow,
he really isn't satisfied with what he's achieved so far
He can surely sustain as being the richest man on earth but the question is, Can he surely maintain his position? Well, nobody really stays at the top forever, as time goes on things begins to change. Especially he isn't that satisfied with what he achieved so far. He should enjoy while it lasts. Hard times coming soon.
Nothing lasts forever and we will never know until when it will happen, Musk is a great person and is never satisfied with his achievements and in his journey there are bound to be obstacles or problems that he faces and he can turn things around.
But whatever the reason, everything has a time because above the sky there is another sky that is better and only time will tell, and basically Musk is a great person and has the character of a person who never gives up, is focused, has a very high entrepreneurial spirit. Humorous, humble, generous and always consider mistakes as learning and idealism.
And if Musk can keep his character, I think he'll be fine.


Title: Re: Elon musk now the richest man in earth
Post by: Vaculin on November 16, 2021, 07:31:06 AM
Elon musk always makes phenomenal things, when there are many negative campaigns and bitcoin banned then he invests bitcoin, and now it is proven that what he is doing will be an inspiration for anyone to invest bitcoin, I believe elon musk's wealth can increase to billions of dollars because of the price of bitcoin which continues to rise.
It's amazing what Elon Musk did and on the other hand there are a lot of people who hate him too,
there is no doubt that Elon Musk's wealth will continue to grow,
he really isn't satisfied with what he's achieved so far
He can surely sustain as being the richest man on earth but the question is, Can he surely maintain his position? Well, nobody really stays at the top forever, as time goes on things begins to change. Especially he isn't that satisfied with what he achieved so far. He should enjoy while it lasts. Hard times coming soon.
Nothing lasts forever and we will never know until when it will happen, Musk is a great person and is never satisfied with his achievements and in his journey there are bound to be obstacles or problems that he faces and he can turn things around.
But whatever the reason, everything has a time because above the sky there is another sky that is better and only time will tell, and basically Musk is a great person and has the character of a person who never gives up, is focused, has a very high entrepreneurial spirit. Humorous, humble, generous and always consider mistakes as learning and idealism.
And if Musk can keep his character, I think he'll be fine.
With all those positive traits you've mentioned about Elon, there's no reason that he can't sustain his spot. But we are only looking at its present status, we really don't know what will happen in between. Its either Elon will gain more huge profits from all his investments that makes him even richer or the other way around, most of his investments will fall due to some unexpected reasons. No one really holds the future, we can only tell once we cross the bridge.

For now, Elon is very capable to sustain his present position, but it will be uncertain how will Elon look in the future.


Title: Re: Elon musk now the richest man in earth
Post by: uelque on November 16, 2021, 09:32:51 AM

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man ;D ::) So what do you think?

I believe there is no such thing like permanent, so no one can always stay on the top. Maybe now and for the new few years, elon can sustain his spot being the richest but once new technology arrives and globally being used by the people, I don't think he can sustain his position. Especially now where there are a lot of things happening in tech world, bright ideas that can truly shape the future, things like AR/VR and etc., which for me might dominate all things in the next 15 to 20 years. So I have no doubt elon can sustain his spot being the wealthiest. Even Jeff Bezos soon can't once what I'm saying truly arrives.


Title: Re: Elon musk now the richest man in earth
Post by: Betwrong on November 17, 2021, 08:19:19 AM
~
Thats not what I meant. I can fully understand and appreciate the situation of people who need to cash out to finance their own lives, that is very familiar to me as I have experienced it before as well. What I meant by my last post was that Elon Musk has poured his trust into his ventures and has not shown cowardice or pulled out even when most of us would have experienced great fear and cashed out. He has also never been driven by greed or selfishness. So what I meant by being like Elon Musk is being a grounded, steady person who sees things through, to the end.

Is it possible to argue with what you said? :) I don't think so. Indeed, we should all strive to be like him. Not like the real Elon Musk, but rather like the one you described. With this I absolutely agree, and I'm not joking here. In real life you won't find a person that has never been driven by greed or selfishness. Well, maybe somewhere, but not among the richest men in the world, that's for sure. But you've perfectly described a role model to be followed.


Title: Re: Elon musk now the richest man in earth
Post by: CapGelatik on November 17, 2021, 04:10:48 PM
Of course, because Elon Musk is a big businessman and CEO of Tesla,
especially now that he is a cryptocurrency influencer, especially Doge, look at the effect of Elon Musk,
when Doge is talking about, the price of Doge goes up to 1000x, of course you can imagine it how rich is he


Title: Re: Elon musk now the richest man in earth
Post by: BernyJB on November 17, 2021, 05:54:04 PM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

https://i.imgur.com/xRYNORz.jpghttps://i.imgur.com/VLNJS8t.jpg

https://i.imgur.com/5CxH3dO.jpg

 Can he sustain it for how long? (https://www.cnbc.com/2021/10/15/elon-musk-is-worth-as-much-as-bill-gates-and-warren-buffett-combined.html)

So what do you think?

Tell him to enjoy it while it lasts, cuz I'M A COMIN'! ;D


Title: Re: Elon musk now the richest man in earth
Post by: batang_bitcoin on November 17, 2021, 09:54:26 PM
And the richest man started selling his stocks.  :P
Elon Musk sells another $931 million of Tesla stock (https://edition.cnn.com/2021/11/16/investing/elon-musk-stock/index.html)
That still makes him the richest? I don't have any update with that. Tesla's stock has dropped due to his sale.