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Topic: Elon musk now the richest man in earth (Read 880 times)

hero member
Activity: 3080
Merit: 603
November 17, 2021, 05:54:26 PM
And the richest man started selling his stocks.  Tongue
Elon Musk sells another $931 million of Tesla stock
That still makes him the richest? I don't have any update with that. Tesla's stock has dropped due to his sale.
full member
Activity: 182
Merit: 190
November 17, 2021, 01:54:04 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.





Can he sustain it for how long?

So what do you think?

Tell him to enjoy it while it lasts, cuz I'M A COMIN'! Grin
full member
Activity: 1064
Merit: 100
Combo Network
November 17, 2021, 12:10:48 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
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
November 17, 2021, 04:19:19 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? Smiley 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.
full member
Activity: 812
Merit: 126
November 16, 2021, 05:32:51 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 Grin Roll Eyes 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.
hero member
Activity: 2912
Merit: 613
November 16, 2021, 03:31:06 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.
sr. member
Activity: 2366
Merit: 448
SOL.BIOKRIPT.COM
November 16, 2021, 01:27:59 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.
legendary
Activity: 2128
Merit: 1884
Verified Bitcoin Hodler
November 15, 2021, 10:34:18 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. Grin

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.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
November 15, 2021, 05:59:16 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. Grin

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
legendary
Activity: 2128
Merit: 1884
Verified Bitcoin Hodler
November 08, 2021, 05:51:46 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. Grin
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
November 08, 2021, 04:30:46 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.
member
Activity: 182
Merit: 10
November 07, 2021, 06:45:59 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
sr. member
Activity: 2618
Merit: 439
November 07, 2021, 05:59:18 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..
sr. member
Activity: 1526
Merit: 255
November 07, 2021, 05:53:15 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 Grin Roll Eyes 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.
full member
Activity: 854
Merit: 100
November 07, 2021, 02:01:01 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 Grin Roll Eyes 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.
sr. member
Activity: 1484
Merit: 277
November 06, 2021, 11:10:03 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.
sr. member
Activity: 2002
Merit: 250
November 05, 2021, 02:48:18 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
full member
Activity: 1292
Merit: 101
Vave.com
November 05, 2021, 10:42:55 AM
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 .
member
Activity: 686
Merit: 19
November 05, 2021, 10:14:52 AM
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.
full member
Activity: 546
Merit: 148
November 05, 2021, 07:38:11 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.  Grin
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