this post was submitted on 19 Sep 2023
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Hes worth 200 billion. God! I cant believe someone can actually have that kinda money and people in some part of the world can't afford a meal. If I had 200 billion , I would create X2 , will be called xtwice, just for shits and giggle. May be that's what he's doing.
Then you would not reach 200 billion. In order to reach that number you need to basically be a dragon sitting on your hoard. Bill gates would probably have been richer than Musk if he didn't start doing stuff with his money.
It is also relevant that these kinds of numbers are imaginary anyway. If they were to put all that money into actual use they would basically break the economy and a lot of it would evaporate.
Even if 99% of it would evaporate that would still be a ridiculous amount of power.
But Bill Gates proved that diversifying a stock of mainly one company while having that company keep all its value is possible. Elon Musk is horrifyingly rich like it or not. His power and the damage he can do is huge.
Yeah, he has power for sure. He singlehandedly killed twitter because his kid liked using it and is now playing with the corpse.
My point is that the actual number he has to his name is arbitrary because the economy would not be able to handle him using all that money in the way normal people would use money. The system requires him to sit on most of it and not do anything with it.