How Elon Musk Makes And Spends His Billions | Business Insider Explains | Business Insider

Elon Musk has amassed a fortune, but because the majority of his wealth is tied to Tesla shares and stock options, it dips and rises by the day, sometimes by more than 10 billion dollars. For about a year, it has hovered around 200 billion, more than the GDP of over 150 countries. Here’s how he became one of the world’s richest people, and where he spends his money.

Editor's Note: In a previous version at 0:25, we showed an incorrect map of Bulgaria. We corrected the image.

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00:00 - Introduction
00:36 - Zip2 And PayPal, Musk's First Start-Ups
01:25 - Tesla Under Elon Musk
02:15 - The Ups And Downs Of SpaceX
02:50 - Founding The Boring Company
03:24 - Investing In Neuralink
03:50 - Transforming Twitter Into X
04:28 - Elon Musk's Real Estate Portfolio
05:12 - Musk's Collection Of Jets And Cars
05:50 - Elon Musk's Donations

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How Elon Musk Makes And Spends His Billions | Business Insider Explains | Business Insider

[ryanwilliams]

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

[aberba]

It's not money in the bank. This is some volatile nonsense

[yuluntsang]

Did I literally hear her say... "right-wing darling"? Don't forget, Elon has been voting Democrats for YEARS... and I wonder what changed?

[YOGESHVAJA-gddj]

Try to make few research before letting anyone trade for you like I did ❤ Thank you Jesus, God bless America.

[tenzynorsang]

This is very misleading and misinformation from this business channel or paper called Business Insider. 90% of his net worth or wealth is tied to his Tesla shares and if Tesla stock goes down his net worth goes down significantly as well and vice versa. But it’s not like the way it’s described here, he is not sitting around with billions in cash nor he can sell his Tesla shares whenever he wants. Do better business Insider.

[gvcristaff]

This entire video was filled with a lot of underhanded comments about musk and also statements that disregarding the blatant fact most of his money is tied up in stock. Lol expected better from Business Insider

[DianaR.Ballard]

I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.

[sampendley]

Sounds like he made it his own way and your pissed

[noonecares]

Editor: How much editing do you want in the video ? Business insider : None we're gonna use stickers like kids do

[artinweddings]

This presentation is dripping with envy and resentment. Get off the couch, get an education, build a work ethic and you can also be successful. Stop worrying about what other people are doing.

[Louisbrus]

As a newbie that wants to invest, you must have these three things in mind
1. Have a long term mindset.
2. Be willing to take risk.
3. Be careful on money usage, if you're not spending to earn back, then stop spending.
4. Never claim to know - Ask questions and it's best you work with a financial advisor.

[thisisfitz]

The writer obviously dislikes Musk, not a fan of biased journalism.

[thiagomoreno]

The fact that she tried to insinuate that SpaceX is what it is today because NASA “saved the day” is not only insane but shows either a disturbing bias or a serious lack of research.

[NewGuy]

Note to self: It's probably best to be the #11 richest person in the world. That way you get less attention and scrutiny from the world.

[DiggerPrints]

Can't be bothered checking as I don't care that much, but at least he literally made his own

[seanohelan]

The commets, thus far are a revelation!!!!

[farright]

5:45 it's his money as long as he pays his taxes leave him alone

[markthomas]

So she did the air quotes and that's it. I know all I need to know. She has no right to question how he spends his money. So a big GFY from my perspective.

[Pnw]

Your math is terrible. 8 cans of Diet Coke per day does not cost $4000 a year. Each can is about .$.50 that’s only 1460 a year. It makes me not trust any of your other numbers if you couldn’t get something so easy to calculate right.

[NiceTryAmigo]

Sad that people like to count others money