JBly@lemmy.world to A Boring Dystopia@lemmy.world · 16 hours agoElon Musk is now worth more than the 2nd richest man (Jeff Bezos) and the third richest man (Mark Zuckerberg) combined!lemmy.worldimagemessage-square40fedilinkarrow-up1222arrow-down14file-textcross-posted to: [email protected]
arrow-up1218arrow-down1imageElon Musk is now worth more than the 2nd richest man (Jeff Bezos) and the third richest man (Mark Zuckerberg) combined!lemmy.worldJBly@lemmy.world to A Boring Dystopia@lemmy.world · 16 hours agomessage-square40fedilinkfile-textcross-posted to: [email protected]
minus-squareUmeU@lemmy.worldlinkfedilinkarrow-up13·9 hours agoAnyone know how this is being accounted for? Which of his assets gained him like 200+billion in the last year? I know twitter lost value after he financed it through the saudis, so he must have gained somewhere else, anyone want to save me a Google?
minus-squarelime!@feddit.nulinkfedilinkEnglisharrow-up13·8 hours agothis is stock value, and he gained the ~200B since the 6th of November.
minus-squareuebquauntbez@lemmy.worldlinkfedilinkarrow-up3·7 hours agoSo if I own a single dollar and tell everyone it’s a trillion worth … does that make me rich or am I a fool?
minus-squarejj4211@lemmy.worldlinkfedilinkarrow-up1·3 hours agoNo, it has to be something more imaginary than a dollar, and someone else has to actually give you a dollar for it while you claim it’s only one trillionth of the amount of imaginary things you could sell to people. Note a while ago a youtuber did a stunt to illustrate: https://www.youtube.com/shorts/8SYIksrZeu4
minus-squareSkunkWorkz@lemmy.worldlinkfedilinkarrow-up7·6 hours agoA fool unless you can convince an entire market that it’s a trillion dollars worth.
minus-squarelime!@feddit.nulinkfedilinkEnglisharrow-up9·7 hours agoa fool, until someone believes you.
minus-squarePlexSheep@infosec.publinkfedilinkarrow-up5·7 hours agoLook up unlimited money limited. It was a real company
Anyone know how this is being accounted for?
Which of his assets gained him like 200+billion in the last year?
I know twitter lost value after he financed it through the saudis, so he must have gained somewhere else, anyone want to save me a Google?
this is stock value, and he gained the ~200B since the 6th of November.
So if I own a single dollar and tell everyone it’s a trillion worth … does that make me rich or am I a fool?
No, it has to be something more imaginary than a dollar, and someone else has to actually give you a dollar for it while you claim it’s only one trillionth of the amount of imaginary things you could sell to people.
Note a while ago a youtuber did a stunt to illustrate: https://www.youtube.com/shorts/8SYIksrZeu4
A fool unless you can convince an entire market that it’s a trillion dollars worth.
a fool, until someone believes you.
Look up unlimited money limited. It was a real company