Elon Musk now lives in a $50K house at Starbase, Texa
teslarati.com
teslarati.com
So, crazy idea here, what if we set up a way that they can actually give their money to people who actually need it while they get to keep their "dick measuring points".
In other words, here is the score card for each super rich guy, Bezos, Musk, Gates, etc. etc. you keep your points, so you have your bragging rights or whatever, but people who are in need of help get the actual dollars which you obviously can never spend, cannot possibly need etc. etc. You give it to people who need it but keep your dumbass "karma points" just like the dummies on Hacker News who care about that or whatever.
I just did a quick search for the breakdown, but essential 81% of Elon's wealth is Tesla stock and 14% is SpaceX. The remaining 5% is a combination of assets. The important point is that 95%+ of his wealth is being actively used by other people for things like salaries, research and manufacturing. That's how investing works: you give your money to other people in exchange for some well defined privileges. We talk about those privileges as being worth a certain $x but that's not at all the same as having $x.
There is no Uncle Scrooge style vault with cash. Other people are using that money.
https://www.businessinsider.com/elon-musk-net-worth-quintupl...