Multi-billionaire Elon Musk's real net worth, like his personality, is volatile and mercurial.Probably the best known billionaire in the world (and undoubtedly the most covered by the news and social media), Musk and his exact wealth are a matter of speculation because he lives such an un-billionaire type existence.For one, Musk has no guaranteed multimillion dollar annual salary plus stock options and perks from Tesla Inc. Musk has a $56,000 monthly salary from Tesla but hasn't drawn this salary even once. Seems Musk relies on his salaries and perks from his other businesses such as SpaceX, The Boring Company, OpenAI and Neuralink to get by.But here's what we know about Musk's wealth. Forbes estimates his "real time net worth" as of May 15 at $19.5 billion. That's good for Number 40 on Forbes' billionaires list. CNBC places Musk's net worth at about $23.6 billion (no mention of a time frame).And here's why it's tough placing an exact number on Musk's wealth.In January, Tesla announced … [Read more...] about Elon Musk net worth: How much is Tesla, SpaceX CEO worth?
Musk net worth over time
Lately there has been a lot of anger and indignation about income inequality. Some blame this on … income inequality. I blame it on rich people in T-shirts. I won’t mention Mark Zuckerberg by name. But, honestly, young man, you’re almost 35 years old, worth $72 billion, and you’re wearing your underwear in public. Yes, I’m also going around in an untucked “My Kid Went to College and All I Got Was This Lousy … .” But I’ve earned it. Or, rather, I haven’t. I can’t afford a Savile Row morning suit, Turnbull & Asser dress shirt, Hermès cravat and pair of bespoke John Lobb Oxfords. And — taking out the trash, gassing up the car and ordering an Egg McMuffin at the drive-through window — I wouldn’t be comfortable wearing them. But Zuckerberg in his Fruit of the Looms seems too comfortable. And this makes us mad. There was a time when wealth was distributed far less equitably, but we … [Read more...] about It’s time to make rich people suffer again
One of the most successful investors of all time is somebody you probably have never heard of, despite his net worth of $18 billion. Ray Dalio avoids extensive interviews and has not allowed news cameras full access to his firm, Bridgewater Associates, until now. He predicted the 2008 financial crisis. Now he sees a prolonged period of sluggish economic growth and the threat of a confrontation between the U.S. and China. But there's a greater danger Dalio wanted to warn us about. So we figured it would be a good investment of our time to do a deep dive on the principles of Ray Dalio. 60 Minutes Overtime: Ray Dalio explains his principles When a billionaire invites you to his boat, you gotta go. Bill Whitaker: "It looks like a terrific day to be out on the water" Especially if he sends a chopper to take you. We flew just north of Nassau in the Bahamas to meet Ray Dalio. "Alucia" is a 180-foot long research ship and Ray Dalio's pride and joy. Dalio, who loves scuba diving, … [Read more...] about Ray Dalio says wealth inequality is a national emergency
Matt Bonesteel, The Washington Post Published 5:20 am PDT, Tuesday, March 26, 2019 FILE - In this Oct. 6, 2018, file photo, Conor McGregor walks out of the arena after he was defeated by Khabib Nurmagomedov in a lightweight title mixed martial arts bout at UFC 229 in Las Vegas. Superstar UFC fighter McGregor has announced on social media that he is retiring from mixed martial arts. McGregor’s verified Twitter account had a post early Tuesday, March 26, 2019, that said the former featherweight and lightweight UFC champion was making a “quick announcement.” less FILE - In this Oct. 6, 2018, file photo, Conor McGregor walks out of the arena after he was defeated by Khabib Nurmagomedov in a lightweight title mixed martial arts bout at UFC 229 in Las Vegas. Superstar UFC ... more Photo: John Locher, AP … [Read more...] about Conor McGregor announces retirement from mixed martial arts
BILLIONAIRE Elon Musk’s behaviour has taken a bizarre turn as he has fired hundreds of employees and even refused to hire someone who wore blue shoes, it has been claimed. About 700 people were let go and more than 36 Tesla vice-presidents of higher-ranking staff left the company. It is the latest revelation in a series of reports of the Tesla tycoon’s erratic behaviour after he had announced his new affordable electric sedan would sell for just £27,811 ($35,000) in 2016. A former Tesla engineer had revealed that Musk’s dream to mass produce the Model 3 has led to him firing a score of top executives and employees. When Musk announced how affordable the Model 3 would be, 180,000 people in the US pre-ordered the car by putting down a £794 ($1,000) deposit. By the end of the week 325,000 had signed up. The cracks started to show after Tesla had repeatedly failed to meet production goals amid his break-up with Amber Heard. One executive told WIRED: … [Read more...] about ‘Abusive’ Elon Musk ‘fired hundreds of Tesla employees and refused to hire someone wearing blue shoes’ as his behaviour became more erratic