https://www.businessinsider.in/international/news/elon-musk-is-now-3-times-richer-than-warren-buffet-and-worth-more-than-the-entire-gdp-of-his-home-country-of-south-africa/articleshow/87478089.cms
Fir reference if Elon was a country he would have the 41st highest Nominal GDP in the world this year. I will let you guys know when he reaches the top 20.
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This is literally not how GDP works you r-slur, you can't just compare a country's GDP and someone's net worth. They're not the same thing.
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Comparing stocks to flows is a total chad move
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How to fail Accounting 101: A guide.
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Virgin P&L vs Chad I have no idea
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You are right, a single person's wealth should be no where close to a number that is the yearly outputs worth of millions of people.
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This reeks of agendaposting.
Are you now or have you ever been a member of Democratic Socialists of America?
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It's really more of a stock market problem than a wealth problem when meme stocks are worth billions of dollars
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That's just techbros being r-slurred as usual.
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A few meme stocks and millions of dollars from leddit weebs is ruining the gabillion dollar economy!!!
AHHHHHHHHH!!!
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I have no ideology except bussy supremacism
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Have you considered that he probably meant that SA should get their shit together because this is a pathetic showing? Imagine one dude being worth more than your GDP lmao, lazy third world Dutch fricks.
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Elon agrees with you
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Yes, it should be much higher
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Right, and a company that makes 1% of the products in a given segment shouldn't be worth more than the companies that make the other 99%, but here we are.
Stonks.
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I mean... R-slurs said the same thing about Amazon in 2000 vs Sears. Amazon had a fraction of their sales with a higher market cap. It was not unreasonable to think that Sears would keep being r-slurred and never have a large online presence despite starting out as a literal fricking catalog. I think we're seeing a little bit of that with Tesla, plus a little bit of wishful thinking based on Amazon existing.
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All I know is i would nut so hard when Elon Musks net worth crosses California.
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Strong agree. Anti monopoly laws should require it to be either broken down or to share its tech or technique as per its preference.
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Reee you canβt compare numbers that share units
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That's pretty much how journos measure everything. Like for some reason people think bezos has a tower filled with gold like scrooge mcduck.
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He actually might at his wealth levels and still hold like 99% of his stock. You really missing out on how much is a billion. That's like the arabs give me 13 year olds to frick on a private jet kind of money.
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While he no doubt is filthy rich I feel like a lot of the value is inflated with all the cheap money going around. Bubbles are everywhere. It's the same reason why crypto is shooting up like crazy again.
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Honestly I am at that point in life where I dont really care who is gonna foot the bill as long as it's not me.
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Itβs gonna be a bunch of obnoxious 25 year old βFinTokβ βinfluencersβ
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Mashallah
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Evade those taxes king
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Musk is rich but he's nowhere close to the top 10 rich people on the planet. All of his shit is extremely inflated, most of his companies are bubbles.
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I'm glad to see he's making a livable wage.
Krayon sexually assaulted his sister.
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Elon Musk superpower 2040
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Unironically might happen. I am guessing he lives to 160. Dies and starts off a global war with Para military assets amongst his children laying claim to his wealth.
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Hopefully he'll transplant his sorry butt to Mars by then.
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That would be really cool
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I lovd African American people of profits.
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Always remember, the richest African minority is a white man with a square face.
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any southafricancel here? i want to know if they love Elon or they hate him there, he is the most famous SA person alive after all.
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Checking in. I hate all white people.
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based, mashallah
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no one cares
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Every morning I wake up in tears because Unie van Zuid-Afrika lost its nukes, imagine what a wonderful world would it be if they still had nukes
Also I donβt get why musk is still popular, he now looks like hard try boomer
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But is he vaccinated?
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I love wealth inequality! It has so little effect on the average person, but people cry their eyes out about it
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Chances of Reconquista de Sudafrica growing.
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Is that all carp's site is? Grown men gossipping about drama?
Snapshots:
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Musks GDP in PPP is higher than south africa by 100000000%
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Technically yes but I dont think its humanly possible to di so even if he wanted to. The moment he gets out the first 40 billion I expect the rest of the market to crash.
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