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Author Topic: Elon musk now the richest man in earth  (Read 849 times)
xSkylarx
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October 17, 2021, 07:32:41 AM
 #21

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.
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October 17, 2021, 10:18:58 AM
 #22

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.
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October 17, 2021, 11:20:52 AM
 #23

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.
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October 17, 2021, 12:16:32 PM
 #24

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.



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October 17, 2021, 12:22:37 PM
 #25

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?

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 Grin Roll Eyes 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.
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October 17, 2021, 01:20:39 PM
 #26

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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?

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 Grin Roll Eyes 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
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October 17, 2021, 02:12:15 PM
 #27

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.

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October 17, 2021, 03:18:33 PM
 #28

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.

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October 17, 2021, 03:53:28 PM
 #29

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.


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October 17, 2021, 05:36:54 PM
 #30

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  Cheesy
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.

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October 17, 2021, 05:45:28 PM
 #31

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.

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October 17, 2021, 07:41:24 PM
 #32

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.
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October 17, 2021, 07:52:37 PM
 #33

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.

R


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October 17, 2021, 08:11:41 PM
 #34

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.
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October 17, 2021, 08:13:23 PM
 #35

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.
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October 17, 2021, 08:39:20 PM
 #36

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?

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 Grin Roll Eyes 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.

R


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October 17, 2021, 08:47:30 PM
 #37

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.
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October 17, 2021, 08:59:18 PM
 #38

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.

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October 17, 2021, 09:04:29 PM
 #39

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 Grin Roll Eyes 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.

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October 18, 2021, 08:55:01 AM
 #40

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.

R


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