Elon Musk Brilliantly explains Wealth & how to be a billionaire!

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Elon Musk Brilliantly explains Wealth & how to be a billionaire!

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People forget that billionaires don't have billions in cash. It's capital gains.

ponrix
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I love how Elon's answers are always unemotional and just straight logic.

TeddyLovesBacon
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"I have loans against my stocks." Don't let that slide past you.

jakestatefarm
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It’s his money and he doesn’t have to share it if he doesn’t want to. People aren’t entitled to his money.

MoolaMar
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He gave more to the world than 99% of the world

FierySpiritMaury
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Who is he supposed to give back to? No one gave him anything. He worked for it

cecilegibbs
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What’s sad is that if he did go bankrupt people would literally be happy about it.

jackfarris
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He has constantly risked everything he has when he believes he can make a difference in a meaningful way, and works constantly and lives like a drifter, I don't know how people can even look at this man without feeling absolute admiration!

truckerbrad
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I was part of the recent layoffs at Tesla and this bites hard. Grateful that I kept some savings north of 300k tho! Now I am looking for ways to allocate this into my portfolio to generate good dividends to supplement for my monthly expenses..

gaynor
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He don’t need to give nothing to nobody he deserve what he earned he worked hard for it fuck people who are jealous of him

zakigafoori
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Well it's good to know all his money is circulating in his business. It keeps him humble. You can tell he really worked for what he has.

courtneyvargas
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Lovers of money and greedy people will never understand this man.

bradcapps
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My cash balance is very low - i.e. he's only got 100 million in cash lol.
Elon is quite possibly one of the least evil public billionaires ever

WideAwakeHuman
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With his companies successes he has created lots of millionaires.

SteveRCPilot
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He’s doing so much to give back with the fear of not knowing if he dies if it will all just stop 🛑 He’s trying to take man kind to the next level

Rocketman
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A lot people in the comments think that just because your parents are rich you can become a billionaire. If that was the case we would have more billionaires.

blake-nwpd
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It’s not so much about having a fat wallet. With his resources he doesn’t worry about household utilities, food or healthcare/car payments..The average American is having to choose what bill gets paid when they get a paycheck

KT-gmno
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People with money do not owe other people money. There’s lots of money out there.

mudcreekpottery
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Respect to EVERY SINGLE ONE who is working hard and doesn't give up.

HustleMomentum
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Many people don't realise that s billionaire doesn't actually have billions. They only have a few millions in their actual bank account, and much less in liquid. All their other income is in company stocks, which they can't sell, because if they do, the share price of the company will fall dramatically, and the company might go bankrupt.

scale...d