Elon Musk’s wealth is just crazy!

According to the Bloomberg Billionaires Index, Elon Musk is the wealthiest person in the world, with an estimated net worth of $243.46 billion USD as of 8th Jan 2024.

Musk is the founder and CEO of Tesla and SpaceX, X and X.ai as well as the co-founder of PayPal and Neuralink. He made his fortune from various business ventures, starting from a web software company called Zip 2 that he sold in 1999 for around $307 million. He also inherited some wealth from his father, who owned an emerald mine in South Africa.

Think about this for a moment

It’s a little difficult to imagine such wealth so, maybe think of it like this… If you had been given $10,000 every day since the birth of Jesus Christ, 2024 years ago – you would have accumulated some $7.4 billion (without interest and leap years etc).

So, Mr Elon Musk has a net worth of around $243 billion and you would have $7.4 billion and that equates to only 3% of his current wealth.

Or, if you had been given $10,000 every day since the pyramids were built in Egypt around 4500 years ago – you would have accumulated $16.4 billion. That’s still only 6.75% of Elon Musk’s current wealth.

One last thought

A recent report conducted by Oxfam calculated that just 5 of the world’s richest men (including Musk) are worth $869 billion between them.

Your $16.4 billion accumulated over 4500 years would equate to less than 2% of that combined wealth.

Now that’s crazy!

Final thought

8 of the top 10 current billionaires made their money in… technology.

Please note: figures are estimated, but it perfectly demonstrates my point.

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