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Topic: Elon musk now the richest man in earth - page 2. (Read 913 times)

sr. member
Activity: 1722
Merit: 252
November 04, 2021, 03:45:05 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.
sr. member
Activity: 2828
Merit: 344
win lambo...
November 03, 2021, 06:35:14 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.
hero member
Activity: 2562
Merit: 586
November 03, 2021, 04:59:42 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.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
November 03, 2021, 04:03:22 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.





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?
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.
hero member
Activity: 3010
Merit: 794
November 03, 2021, 03:27:02 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.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 03, 2021, 03:21:26 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.
member
Activity: 812
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Crypto bookmaker and casino
November 01, 2021, 12:09:00 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.





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?
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.
full member
Activity: 658
Merit: 103
November 01, 2021, 09:27:47 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.
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.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
November 01, 2021, 06:09:42 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.
hero member
Activity: 3052
Merit: 606
October 31, 2021, 12:23:28 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.





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?

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.
full member
Activity: 1050
Merit: 100
October 30, 2021, 02:09:27 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
hero member
Activity: 2660
Merit: 651
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October 29, 2021, 10:18:42 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 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.
sr. member
Activity: 1680
Merit: 259
October 28, 2021, 10:24:45 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 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.
sr. member
Activity: 1484
Merit: 254
October 28, 2021, 09:41:28 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.
hero member
Activity: 3066
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October 28, 2021, 09:18:09 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.
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.
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October 28, 2021, 07:39:23 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.
full member
Activity: 783
Merit: 108
October 28, 2021, 04:10:50 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.
hero member
Activity: 2366
Merit: 594
October 28, 2021, 02:05:40 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.
hero member
Activity: 3010
Merit: 629
October 28, 2021, 02:00:59 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.
legendary
Activity: 3122
Merit: 1032
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October 28, 2021, 01:12:26 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. 
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