Elon musk now the richest man in earth

[Betwrong]

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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 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.

[Tumanggor]

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?

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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

[7788bitcoin]

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.

[dezoel]

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.

[blockman]

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.

[beerlover]

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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 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.

[The Sceptical Chymist]

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.

[shield132]

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.

[Vaskiy]

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.

[TheEconomists]

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.

[Haunebu]

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.

[Betwrong]

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



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

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One zero was missed in the screenshot! 

[arwin100]

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.

[Gudhal Untu]

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.

[Vatimins]

     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.

[Bushdark]

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 ?

[Mpamaegbu]

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.

[ziyaaa]

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. 

[milewilda]

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. 

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.

[Hippocrypto]

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 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.