Topic: Elon musk now the richest man in earth - page 6. (Read 880 times)
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.
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 ?
Is this as a result of him having a whole lot of bitcoin ?
Can he maintain the position for a longer period of time ?
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.
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.
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.
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. ~
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!
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.
Musk, Gates, Jeff, Mark etc will continue shifting places for various reasons and this will most probably never change in my opinion.
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.
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.
Making himself worth of $23 billion happened out of a big process. So, the same won't gets destructed all of the sudden.
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.
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.
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.
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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.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?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.
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. 
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.
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.
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.
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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?
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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
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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?
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.
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.
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?
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. So what do you think?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.
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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