Elon musk now the richest man in earth - page 5.

AicecreaME

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Quote from: Gozie51 on October 16, 2021, 12:04:00 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.

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

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.

Betwrong

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Quote from: alpamar99 on October 22, 2021, 02:14:52 AM

Quote from: Kodok Bencot on October 20, 2021, 03:58:37 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.

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.

Quote from: alpamar99 on October 22, 2021, 02:14:52 AM

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.

alpamar99

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Quote from: Kodok Bencot on October 20, 2021, 03:58:37 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.

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.

Rufsilf

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Quote from: Gozie51 on October 16, 2021, 12:04:00 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.

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

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.

macson

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Quote from: Kodok Bencot on October 20, 2021, 03:58:37 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.

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.

Kasabus

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Quote from: Sled on October 20, 2021, 04:24:09 PM

Quote from: Cafex on October 20, 2021, 04:02:02 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.

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.

TheGreatPython

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Quote from: LogitechMouse on October 20, 2021, 08:25:33 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.

Sled

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Quote from: Cafex on October 20, 2021, 04:02:02 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.

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.

Cafex

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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.

SquallLeonhart

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Quote from: Shasha80 on October 20, 2021, 04:53:02 AM

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?

Botnake

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Quote from: LogitechMouse on October 20, 2021, 08:25:33 AM

Quote from: Gozie51 on October 16, 2021, 12:04:00 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 Grin

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.

LogitechMouse

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Quote from: Gozie51 on October 16, 2021, 12:04:00 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 Grin

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

.

Wong Gendheng

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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.

hannahB4

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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.

Shasha80

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Quote from: Hippocrypto on October 19, 2021, 04:32:58 PM

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.

Kodok Bencot

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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.

dbc23

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Quote from: Gozie51 on October 16, 2021, 12:04:00 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.

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 Grin

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

Hippocrypto

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Quote from: Gozie51 on October 16, 2021, 12:04:00 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.

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

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.

milewilda

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Quote from: ziyaaa on October 19, 2021, 04:04:23 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. Grin

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.

ziyaaa

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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. Grin

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