Elon Musk's Wealth Compared To Everything | Data On Data

Elon Musk is currently the second richest person in the world. Between April 2020 and April 2021 Elon Musk made $383m per day on average. We took those numbers and compared them to everything from McDonald's to Kazakhstan in order to put his obscene wealth into context.
So to get a better understanding of this graph it really helps to know what this worth actually is. Musk’s wealth is made up mostly of the stocks he owns, the majority of them in Tesla. In fact if you draw a graph of Tesla’s stock over the top of his wealth you can see it’s almost exactly the same.
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#ElonMusk #Wealth #InsiderNews
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Elon Musk's Wealth Compared To Everything | Data On Data

[@FisayoFosudo]

I love how graphs were used in this video. I did not even blink 🤯

[@conchaiii4167]

yeah, 11/10 usage of graphs. Loved it.

[@omgcyanide4642]

I didn’t blink either 😂

[@samuraiboi2735]

See it just shows its accuracy

[@mr.pootis2472]

Yess,me too!

[@scooper9365]

yes great video for sure

[@Jeremy]

His estimated wealth depends on what he decides to tweet that day.

[@minebab]

oyy checkmark

[@claude9557]

@@minebab Pablo is gonna mute you _discord_

[@AHMAD_1566]

Adopt me mod coming

[@roseyy1920]

didn’t you call Leah Ashe mean but ok ur cool because you made my childhood better

[@gaje9325]

No depends on its stocks

[@dhruv6373]

Elon is such a down to mars guy, very humble.

[@donniedead9436]

Girl quit chasing cars what happens when the dough gets low? And you ain't there fine no waaay

[@beankaty2651]

@@donniedead9436 what?

[@chetnajha682]

Ha ha lol

[@danieloktovian9523]

Bruh no way

[@DJUniMekaju]

Not when it comes to crypto it seems.

[@jsbossler]

Loved the manually operated charts - the clear sleeves allow me to focus and understand one chart, then register its relationship to the next one that landed on top 👍🏻

[@FlygisTheFlygis]

About the only worthwhile aspect of this video, when the rest is merely thinly veiled deceit.

[@JoeARedHawk275]

@@FlygisTheFlygis Uhhh what…

[@FlygisTheFlygis]

@@JoeARedHawk275 Do you understand what kind of implications they were making throughout? How they massively conflated and misrepresented data to try to propagate false narratives? Anything?

[@JoeARedHawk275]

@@FlygisTheFlygis Like what…

[@FlygisTheFlygis]

@@JoeARedHawk275 here’s my other comment I published Beware: when political activists (and don’t think that these types of journals aren’t primarily that) compare average income to the net worth of billionaires, they’re being incredibly dishonest. There are hundreds, if not thousands of factors at play, between these highly separate and independent issues. But to keep it brief, what’s most notable is that +90% of the billionaire wealth is merely speculative. When their “wealth” rises, it’s you and I theoretically wanting to pay more for something to turn a profit. It’s not money that anyone is deprived of. So in conclusion, to pretend one takes from the other is pure deception. It’s below anyone, especially a journalist or publication, and you should be weary of those who tug on sensitive strings like those associated with poverty. EDIT: note that they also address the comparison between income and net worth as ‘income disparity’, which is an outright lie. The billionaires net worth is not recurring and not income.

[@sleepingiv]

The presenting style is awesome and excellent😀

[@PinkyGhost]

What you should have mentioned in the video is that his wealth is not how much money he has to spend. When his wealth grows by 35bil its not like he can go out and buy football teams with it without damaging the companies that he created

[@doggofv]

True. Its networth so its not his personal money

[@jusu8961]

i was just boutta comment this

[@XoctotooX]

Except he almost can, he can take out loans and put up his stock as collateral, without selling his stock or "damaging the company" he can have all that cash at an insanely low-interest rate because the bank knows he won't default (about 3%) which when compared to the normal income tax is incredibly low.

[@TheThink5op]

Bruh its common sense...

[@REgamesplayer]

@@XoctotooX How you are going to return that 34 billion dollar personal debt if you do not have any income for that amount of debt?

[@tornadochaser7226]

4:30 no. Military budget is not the value of everything in that military. It’s how much they spend on their military (including research, maintenance, and salaries). Elon couldn’t get anywhere near the *value* of even very small militaries

[@kyles7472]

Thank you! many things wrong with this video but this is a big one.

[@NikilanRz]

This part is comparing apples to scissors (this comparason is not even related)

[@crappyj7603]

​@@NikilanRz It isn't comparing apples to scissors the video is saying that elon musk has more money than governments are spending on militaries you dumbass. But you wont listen to me because elon musk is a good guy that wants to get us to mars. I agree elon musk is doing good things but he still has a lot of money and that's what this video is trying to show.

[@Mincraftnerd100]

@@crappyj7603 The narrator literally said: "172 billion dollars would be enough to buy him the world's third largest army." Maybe you should watch the video before insulting people.

[@crappyj7603]

@@Mincraftnerd100 Maybe you should read my comment before telling me to watch the video you numb skull

[@lucasmachain]

It’s so weird thinking we are going to run out of phone batteries before running out of petroleum

[@real_andrii]

Unless we recycle them into new ones...

[@sybre6259]

Or use alternative resources... solid-state batteries :)

[@sybre6259]

@@isaacmcclure not necessarily; but, the latest breakthrough (Xin Li at Harvard) does, yet should nonetheless reduce lithium consumption.

[@torgnyandersson403]

I know this most likely won't happen any time soon, but the most epic thingy would be if we manage to produce graphene from the co2 emitted by fossil fuels with a cheap and efficient process. From dangerous pollution to incredibly valuable component.

[@pedropedrohan102]

@@real_andrii why not also reduce and reuse like just fixing the battery and decrease the size of it without decreasing the battery

[@spicklemickle6364]

I'm not too sure about the relationships made between the two graphs at the end though - the huge increase in taxes in the 1940s weren't because of the top 1% and bottom 50% wealth but clearly because they needed taxes to fund the war.

[@IpSyCo]

Good thing WW3 is on the horizon then

[@Otzkar]

@@IpSyCo More like a second coldwar between china and the USA, WW3 is not due for atleast a few decades

[@stolasish1184]

But beforehand, in the latter half of the 30's, it was from FDR's new deal, which did come from a drastic need for policy change in terms of taxation. The US only joined WW2 in december of 1941.

[@ajv0987]

@@stolasish1184 true but the US was supporting war efforts before that.

[@crow2464]

as a person from Kazakhstan, a man being richer than your entire country is slightly frightening but puts it into perspective pretty well

[@maxjohnson0703]

Yeah but there are companies out there that are worth 20x entire countries so you kinda get used to it

[@crow2464]

@@maxjohnson0703 companies are one thing, a single person is another

[@maxjohnson0703]

@@crow2464 personally it’s still off putting to me when companies have that much power. Why do you feel it is so different?

[@pedrolmlkzk]

Dont worry mister Kazack just remember that your country alone produces in a single year more wealth than one of the richest man in the world has and that gets added to the total for many other years to come

[@Dragonofshame]

One problem when talking about modern day billionaires: how much money they actually have is different from how much they're worth. The video briefly touched on this. While his net worth is over 100 billion he might only have a couple thousand dollars. He would need to sell all his shares to have the money to buy all this stuff. So how do you tax that? Do you take his stock away from him? Force him to sell stocks in order to pay taxes? What if the value of the stock drops? Not saying that it's okay that so many people have so much wealth but it's just something to think about. Taxing someone on the stocks they own would be like taxing someone on the gold they own. It only really makes sense at the point of transaction, or when they sell the thing that their wealth is stored in. At least to me.

[@PigeonHoledByYT]

You also briefly touch on: If he were to sell all his stock, the value would likely drop, potentially drastically. His wealth is only a really a perception. He can't just abandon his stock tomorrow and maintain his wealth. Of course he can sell some here and there, or use them as assets when bartering, but stock and cash simply are not the same things. Gates and Buffet are better examples of wealth due to more diversified portfolios.

[@mandystop1077]

@@PigeonHoledByYT agreed

[@RasakBlood]

I mean the logical conclusion is to Tax income from sold shares and Shares given as compensation from company's. Its not that complicated when you think about it.

[@CA-vx4sn]

The billionairs takes large loans against their stock for very low interest rates since it's so secure. So they can live a lavish lifestyle while still not earning enough money to be significantly taxed

[@travisrush4190]

That’s a good point. I’ve always felt that’s the reason why raising taxes to the 1% wouldn’t do anything because the rich see, think, and use money differently than everyone else.

[@felixpeel3518]

Increasing income taxes won’t affect his or most billionaires wealth as he pointed out their wealth is based on unrealised gains in their stock portfolios.

[@EvilTaco]

Well yes but they can ultimately still buy a shitton with those gains, so saying they're completely theoretical isn't fair. But you're right, we should tax assets

[@felixpeel3518]

@@EvilTaco well I didn’t say they were completely theoretical at any point

[@elzbane4588]

@@EvilTaco Wait so tax assests...meaning force him to sell,.... his stock...... to pay for his stock? Do you think That is a good idea

[@EvilTaco]

@@elzbane4588 no, we should start by banning them from taking out massive loands with their assets as collateral for really low interest rates or at least tax it. That's apparently how they manage to avoid paying taxes while still being able to use their massive wealth to fund their lifestyle

[@olska9498]

@@EvilTaco I mean, they have to pay off their loans by selling stocks and then paying capital tax, don't they?

[@dot.332]

When you realize Elon Musk can buy Greece: Panik But Greece can't get any worse: Kalm

[@maxjohnson0703]

How can Elon musk buy Greece? Sorry is missed that portion of the video

[@leonardom9190]

@@maxjohnson0703 well, it’s not exactly like that. His wealth is larger than the annual GDP of the entire country of Greece.

[@maxjohnson0703]

@@leonardom9190 okay but yeah 2 completely different things. if a company makes 100 billion in a year it can be worth 2 trillion dollars but we do not say the company can be bought for 100 billion like what is being said here

[@leonardom9190]

@@maxjohnson0703 that’s why i wrote: it’s not exactly like that. And, btw, a country cannot be bought.

[@maxjohnson0703]

@@leonardom9190 no I agree there is way more legal reasons and political United Nations stuff but comparing wealth yeah I agree

[@samlee6152]

The amount of organization put into this video is staggering. Major props to the producers

[@maxjohnson0703]

Why do people compare net worth to GDP of countries like not even comparing the same thing. You could compare his income to GDP but that wouldn’t be such a dramatic effect

[@connormckinnon6366]

Important country make lots of money. Elon makes more. Elon has a lot of money.

[@ichkommentiernurkommentare7237]

@@connormckinnon6366 He does not make more. Comparing his theoretical networth to the GDP of a smaller country could leave the impression that he makes more oder has more, if you don't know what networth or GDP is. Thats why you shouldn't compare those numbers.

[@homo-sapiens-dubium]

Why not? Showing that his wealth is as big that a whole country doesnt produce as much in a year is a nice comparison.

[@matches7116]

thats like saying I have a house worth 400k then saying I make more than 10x the normal worker. The house is equity not income so it makes no sense to compare them. Greece’s assets as a country probably outweigh Elon musk 20-1 easily. I’m all for raising capital gains tax and other taxes to capture some of that wealth for the rest of the country but lying and miss reporting facts just because it makes us look better isn’t going to get us there.

[@homo-sapiens-dubium]

@@matches7116 yes if you say "I make" but if you say "Im worth" [10x average worker] its smth else. But I agree, plp need to know the difference, otherwise its pure populism, I think we agree

[@MapleXD2000]

the way he draws the line at 4:50 is how some people actually explain crypto to their friends lmao

[@kni3106]

The thing is, if he sells 10% of his stock, Tesla stock would fall and he would lose so much 'wealth',

[@jamiecc4]

Just to clarify, we will never run out of lithium, it might just be hard to get, but it's #3 on the periodic table and extremely common.

[@Wtahc]

its made by a communist who hates america, what do you expect?

[@austeyen5628]

@@Wtahc k weeb

[@Wtahc]

@@austeyen5628 ye thats surely worse than being a commy mate

[@isseirobinson1052]

@@Wtahc facts don't care about your feelings towards commies.

[@Wtahc]

@@isseirobinson1052 do the falsehoods and lies in the video care about my feelings towards commies?

[@NerdRapper]

I would love to see an entire KZbin channel dedicated to these specific graph videos. This was very interesting and informative.

[@TDrudley]

Maybe if it was actually factually correct, but since it's not, I rather not have any more disinformation videos.

[@emeraldaxx8631]

Boring Company and Spacex: allow us to introduce ourselves

[@dpruittt09]

This person has the most fun job ever. Zero sarcasm! Wow, this was really interesting.

[@Wtahc]

Zero sarcasm!

[@sumitmidya4106]

I love the way the video was presented (Graphs) pls make more videos like these❤️

[@ALXG]

That's freakin' amazingly made and informative video! Keep it up!

[@n00n1n]

Amazing production of this video. Subscribed.

[@shubhamsaroj3022]

Awesome video. Great content. Amazing presentation. ❤️

[@jeevanpillay]

whoever made this is a genius

[@hypernova4334]

Why do you talk about Elon’s investments but not mention his income-which is considerably lower-and then go on to talk about income inequality which was nothing to do with the original premise of the video?

[@goncaloazevedo9822]

Ofc his income is low, if it was high he would lose much of it in income taxes lol. Thats the main problem, income taxation hurts the lower and middle class while billionares dont pay any because all their money is in assets, thats inequality

[@JeffRennt]

Imagine having that little of a grasp on how taxes work that you try and argue for a billionaire to avoid paying as much as you probably do on taxes.

[@tastysavage7625]

@@goncaloazevedo9822 he lives his life for his company, not his lifestyle. Its pretty obvious

[@EvilTaco]

@@tastysavage7625 wdym?

[@wisdomisawesome5934]

@@EvilTaco he’s not a flashy billionaire

[@combatjeyj6234]

well done nice video i like the fact that you just put down the data and didn't really add too many opinions making sure to keep political discussion out of it (as far as i could tell) and letting the viewer make up their mind about what to think i really like it

[@gennavievaddi5535]

Why is it that every time I buy a stock or cryptocurrency that's supposed to be a big hit it ends up dropping and just never moving again???

[@scotttravis6621]

@@christopher506 Investment coaching sounds like a great idea, thought about it before but never knew how to go about it and that would be great considering how time demanding my job can be. Have you used a coach? what is the experience like?

[@anlainamarie9429]

I been trying to grow my portfolio for sometime now, my major challenge is not knowing when to sell or hold. How could someone go about getting finance intelligence from a good financial coach?

[@gennavievaddi5535]

@@christopher506 nice . please how can i reach her?

[@gennavievaddi5535]

@@christopher506 thanks for sharing

[@anlainamarie9429]

@@christopher506 just looked up her name .. she seems to have quite a reputation . really imressed . i have already mailed her

[@lilnate2191]

People will complain about his wealth and say our tax system is broken yet get a tesla

[@raygrenade1697]

why cant you do both?

[@lilnate2191]

@@raygrenade1697 its hypocritical. stop giving him money if you don't like that he's rich

[@danielriv4560]

The tax system is ridiculous , a middle class family is paying more taxes than him

[@EvilTaco]

@@lilnate2191 admitting tesla has good cars but also saying that the owner of that company should get taxed fairly is not hypocritical. Most of his money doesn't come from selling teslas anyway

[@devalopr]

@@danielriv4560 Wow, middle class families paid billions in taxes?

[@deepakthakur7575]

Good job man. I liked it

[@mmaaddss]

BIG like from here, love the graphics

[@highclass_lady]

I love how Nutella was used on the graph of Nutella

[@dhananjaykrishna2377]

This form of dataplanation is really cool. Comparing data brings new perspective to things we already know and don't care to pay attention to.

[@empty_dayofthetech]

I enjoy the transitions of this video. Like the transparent graph comparison

[@GurpreetSinghMadaan]

Wonderful way of presenting data. And well researched too.

[@rworld7490]

This money is going to change our world.. I don't think elon is bad guy because of he wealthy... he have good plan for future

[@pedrolmlkzk]

You shouldn't be comparing GDP to Wealth as they aren't comparable metrics apart from using the same unit

[@coolfred9083]

Oh really? Why exactly? That's kind of a misleading video.

[@pedrolmlkzk]

@@coolfred9083 comparing wealth to gdp is like comparing annual wages to net worth, teo completely different things

[@jcrayb1]

@@pedrolmlkzk its not the same unit. One is Dollars and the other one is Dollars/year

[@pedrolmlkzk]

@@jcrayb1 oh yeah, you are right actually

[@jcrayb1]

@@pedrolmlkzk so yeah its even less of a fair comparison

[@MidSpike]

I loved the presentation of this video. Great job!

[@JohnnyConcent]

Dope graphics. Ty so much.

[@CM-en3hr]

Nice try! I ant selling a single stock. Elon is not managing a company he’s managing a revolution!

[@appa609]

5:00 This is why most predictions suck. You take 10 months and extrapolate out 10 years with no knowledge of the mechanisms.

[@hydehouse]

This is awesome. Good for him! Look at what he has accomplished and created. He deserves every penny (I know wealth isn't income, but you get the point).

[@nichtdennis555]

This way of making a video was awesome. Well done 🤯

[@maxjohnson0703]

6:30 do you realize it was because of a global world war that we needed money for not because of the disparity between wealthy and poor individuals

[@Hamzahyn4]

Well maybe we need to wage another war then

[@Pinkie007]

Yeah lol and nobody even paid that tax, there were so many loopholes. We don’t need more tax we need less

[@EvilTaco]

@@Pinkie007 bruh obviously not when inequality is so sharply on the rise. The top 1% gained huge amounts of wealth while millions of people lost their homes and livelihoods. Assets need to be taxed.

[@Pinkie007]

@@EvilTaco Force them to sell assets to pay tax just because people are jealous means multiple billionaires routinely dumping their shares causing indexes to dump aka your 401k

[@Wtahc]

EvilTaco

[@lear60man]

I dont get the income equality part. He made that wealth doing great things and thats a bad thing how?

[@jonathanalvarez3875]

It’s all bout the narratove

[@noahnavarro1008]

Incredibly well put together

[@darshanbabu457]

This format is bloody good🔥

[@yuneitz]

STOP MIXING WEALTH WITH INCOME. I know you know better and if you don't then thats just even more disappointing.

[@iwaited90daystochangemynam55]

His wealth : 200B His income : 100k

[@astra4780]

Income is irrelevant. Billionaires live off of loans from banks. Elon Musk doesn't have a spending limit because the bank pays for it all (they are paid back by his estate after he dies). Just because wealth isn't the same as income doesn't mean billionaires have the same limits as we do. Focusing on his income is irrelevant to discussing what he's capable of doing.

[@admiralgeneralaladeen1290]

@@astra4780 fr?

[@Tom-vx7xm]

@@admiralgeneralaladeen1290 it gets better. Lets say I borrow 100 million from the bank to live on, eat lobster and whatever, then the bank want me to repay it. I sell 101million of stock and repay the bank (1%intrest). BUT since my transaktion is a net loss, I dont need to pay taxes the 101million dollar asset sell. So my 100million spending spree is tax free ( except for VAT ofcourse )

[@admiralgeneralaladeen1290]

@@Tom-vx7xm f*** we are all doomed. Now I understand, your net worth is reliant on your company. You don't actually have that money but can take it from banks and then later on, your estate will pay for you.

[@managlen320]

Musk is so rich... so am I if I never sell my dogecoin I bought at 0.00002 it’s all subjective

[@NebUlaDeigns]

TO THE MOOON!!!!!!!!!!!!

[@itsnotraunaq]

His wealth doesn’t mean he can just sell it off as he pleases. It’s not cash sitting in a bank. Its the value of each stock he owns which go down as easily as it went up.

[@sketchierennie5020]

heh

[@LightQuazar]

As the person from Kazakhstan, the data at the beginning really hurts me. But anyways, what an incredible person he is

[@vesellin]

What is exactly incredible about him? How well he silences the media about child labour and worker exploitation? Or is it how little he pays his workers in order to raise his wealth even more eventhough he doesn't need more than 0.00001% of his current wealth? Or is it perhaps the apartheid money he was born into, giving him advantage over working class people from his birth. Or is it the coups he organised in collaboration with USA government to get cheaper minerals? Or maybe the angel investors he had while working on his first project that instantly made him a millionaire? Or maybe buying others' companies and claiming them as his own? Or maybe buying and stealing designs and ideas from others and claiming them as his own? What was YOUR favourite part?

[@LightQuazar]

@@vesellin he managed to hit this point , we should give him that. And bad sides u have mentioned, maybe some of true some of not. It just a side effects of being that rich. I ensure u, he have more positive sides rather than negative. And other people who complain about someone's achievement should stop doing, and start to focus making his personal live better.

[@dhustinapilado2826]

@@vesellin you're just jealous

[@Phlegethon]

Why wouldn’t musk like memes when Tesla is itself a meme stock

[@balkedaquino1268]

... musk does like memes. Is this a joke, am I missing something

[@bijoychandraroy]

wdym

[@santiagoperez2094]

@@balkedaquino1268 tesla doesnt have revenue so people buy tesla because its a meme, becauae its tesla.

[@Martiszz]

@@santiagoperez2094 I doubt that poeple put their life savings into tesla because "it's a meme", they believe that tesla will make alot of revenue in the near future, that's why they buy it.

[@santiagoperez2094]

@@Martiszz right... I think you are overestimating others inteligence based on your own, but hey, lets hope its true.

[@chriskeentechnician]

Such a cool way to present data! Really blows your mind how well Elon has done

[@AmitKohli1]

As a data person myself, bravo! Stunning visuals, on point analysis and creative use of secondary data and scale. I'm really impressed!

[@dmytrokravets2264]

what about all the inrelateble comparisons?

[@mahalodas5175]

This style of videos is beautiful keep it up

[@richier8898]

4:40 You do realize those militaries worth is much more than their yearly budget?

[@BadassBobY]

0:36 That photo of Elon looks 3d 😳

[@vanguarded3264]

I actually really liked this video! some of the analogies were a bit useless but overall it was educating.

[@eyuelmelese944]

Awesome story telling! Thanks!!

[@Kev...]

35% is not low, 2% or maybe 5% is low, 35% is extremely high

[@cringy7-year-old5]

A measly third of your earnings, please.

[@LeoLau-jw7ji]

the romans had like a 1 percent at best something like that

[@Nate100]

The top 1% of income earners pay 40% of total federal income taxes.

[@aaroncousins4750]

The top 1% pay into tax heavens lmao

[@seashellbeesaveres7951]

Taxes is not equal to wealth distribution

[@Nate100]

@@aaroncousins4750 I assume you mean tax havens. Wealthy people certainly use a lot of tactics to avoid taxes, but it doesn't change the fact they they pay the vast majority of total taxes.

[@Nate100]

@@seashellbeesaveres7951 taxes can be a form of wealth distribution depending on how the government uses the money... but I am not sure why anyone would be concerned with wealth distribution unless they are simply jealous of the rich. The economy is not a zero sum game, and the focus should be on minimizing poverty/improving living standards for all, rather than taking money away from those who make our world a better place. People like Elon Musk should be praised for basically single-handedly improved humanity, as he (and other genius entrepreneurs like him) have done more to improve our everyday lives than basically anyone else.

[@adamz9835]

@@Nate100 define "basically single-handedly"

[@CozmicCuriosity]

Wow, it was really exciting from the beginning. Appreciate the effort insider. It kept me mesmerized.

[@justnaturesmusic2133]

Now this is a very cool video. Well made and very informative. Thanks, easy sub.

[@gurleenrai4312]

DATA on DATA is back babbyyyy

[@alifr4088]

DoD

[@hakeemnaa]

4:38 absurd trajectory this is not how money work when it reaches a huge number it will depend on the trust which controls the demand and supply you can sell 1 pen with 1$ but you can not sell 1 billion pens with 1$ billion simply because there is no demand for that same with shares of tesla

[@createcreeper]

Amazing video, I love the style

[@anb1142]

Love the production of this video

[@boghy1996]

3:40 When will people learn that you can't "cash in" all the stock you have at the same price. If Elon sells his Tesla Stock, it will create a crash in the stock price

[@Otzkar]

he doesnt need to sell tho. since hes super wealthy he can just take out loans with basically no interest.

[@timhassler3488]

Stocks are considered fluid money, he can always trade his stocks for money. If he reasons his stock to money conversion right, the stock won't crash, just like Bezos is doing right now with Amazon. The only difference with Musk may be that a lot of Teslas identity is bound to Musk, the Hype and the expectations. If he leaves Tesla will crash. But as a general rule, even huge amount of stocks are quickly convertible convertible to cash if done right.

[@wcc4269]

@@Otzkarsure, on a few billion. Thats about it though.

[@TDrudley]

@@timhassler3488 Yeah, but when he sells the stock he does pay the taxes everyone is bitching about.

[@rworld7490]

But he is not keeping his money in his pocket..he is building companies and other technologies

[@floundericiouswa5694]

But that money isn’t used for reinvestment in the company… It just sits in the stock market and Elon borrows against it when he wants money. If you hand him a wealth tax, he will tell his professional financial advisors to give him a plan to raise the capital to pay the wealth tax. If he sells off a bunch of his stock and lowers that huge wealth…that’s the point

[@fcos9704]

oh sweet innocent child

[@mohammedmushtaq1969]

Legit I didn't even blink! Graphs made it more interesting!

[@jeffsoffer8684]

Really nice! Great job!

[@MrAdrianeagle]

Honestly, I prefer Elon as the richest man on the planet than Bezos or Gates

[@cobyescudero4214]

Until you realize Elon is actually a pretty huge fraud

[@lets_see_777]

he is literally the same if not worse

[@MrAdrianeagle]

@@lets_see_777 why do you guys say that? No really, I am curious what he did which made you think that

[@lets_see_777]

@@MrAdrianeagle uhmm literally everything. Hyperloop = fraud, Rockets for earth transportation = fraud, crytpo scam, union busting, corona factory open, all the lies about how poor he was in teenage, Tesla full autopilot lies, Tesla Truck, etc. Watch Thunderfoot on youtube for some videos. There are several others too.

[@LeoLau-jw7ji]

@@lets_see_777 still better

[@Dhirajkumar-ls1ws]

that is very creative worker Insider team, great presentation.

[@TheDanaYiShow]

very interesting comparisons and well made video!

[@coco3584]

No man should have that much power in my humble opinion.

[@coco3584]

「 Deadpoppin 」 I think it is fundamentaly anti-democratic to have man who can exerce that much power and leverage, without any élection process i mean. Its an inherent part of the system we live in, but it does frighten me

[@rowozniak1776]

I like your presentation!! Concise!!the price pump is amazing for very early investors or those who just got in for the first time otherwise it's just bouncing back to normal price for the rest of us which is good, btc truly is a class of its own, I get good returns from BTC implementing trades with tips and info from Suzanne Stephens Ellis a well renowned trader. It has no competitors. All the other alts are competing with each other, they are more centralized, and the majority of them are not completed projects. I can't believe it when i hear people selling their btc for alts lol, thats why I trade with the best analysts since the last bear which i attain maximum success.

[@PLPE_Dj]

This is actually really interesting

[@MakoBlitz]

excellent visuals. truly captivating!

[@TheAlmightyFather]

Well. That is not exactly a wealth he can just cash out. But i am sure he plans to use such value into things that would benefit mankind.

[@josephsaafan7838]

Yeah he can't actually use that money he probably only has a few million dollars that he can spend he has this in stock

[@hjalti0000]

"Elon Musk said bad things about communism on twitter! Get him!!!" -journalist Jeff Bezos tax dodging and wage cages are fine though because he's your guy.

[@user-RCST]

Jeff pays for advertising Elon Musk does not.

[@Otzkar]

they are all philantropic billionaires. jeff bezos, elon musk and bill gates will all frame themselves as progressive people that want to stop climate change and save humanity. don't fall for their bullshit! some are just better at greenwashing themselves than others they're all equally bad

[@user-RCST]

@@Otzkar I would argue that's not true I mean Elon Musk doesn't own as much property or as many jets or boats as Bill and Jeff.

[@Otzkar]

@@user-RCST bro elon musk is not your friend. he is not an ethical capitalist. he knows how to market himself but once you look at his actions instead of listening to his promises you will realize that he is not much better than other billionaires

[@user-RCST]

@@Otzkar show me or tell me his actions

[@tiesvanlieshout2856]

this really puts into perspective how rich this guy is, he makes more in 1 day than 95% of the population will make in a lifetime

[@mosog8829]

I like the analysis. Impressive.

[@12345abhikabhi]

Never thought data can be so coolely explained... Thank you 💟

[@toboncornell]

What would happen if Space X goes public? Would he become unstoppable ?

[@srujanm9281]

It's impossible bcz it's not profitable for space organisation...

[@srujanm9281]

1of 100 percent chance LMAO

[@CM-en3hr]

He will be the 1st multi trillionarie! Starlink will revolutionize the entire planet

[@bj1783]

Starlink to be exact not spacex. Oh boy he would be unstoppable for sure, everyone will hate him then lol. But so what if they do? You don’t get to the top without haters. I’ve never seen a person who is successful ‘hater-free.’

[@CM-en3hr]

@@bj1783 starlink is space x and it wouldn’t matter his citizenship will be Martian from Mars.

[@lorsidsid1575]

what about SpaceX, Starlink and neurolink if they go public and put a chip in almost the half in humanity he doesn't need tesla to be trillionaire

[@hugozielinski4916]

I want one as soon as they are available.

[@maoss40]

Those are scams.

[@ejali7708]

I'll support elon passion and goals. Only few elon like in the world.

[@drsalmanpk]

Elon musk would definitely find this Data super exciting, Great work.

[@tanishqrawat9559]

that drum solo in the intro was epic

[@johnster02]

a man that is a walking meme and living tony stark has the ability to have the third largest army in the world. it’s power you can’t even imagine for one man. imagine when things were all physical like a julius caesar. no laws either. the power when you can kill and rape and burn anything and anyone you want is god like.

[@caedenw]

he couldn’t. those figures were for annual spending of those militaries. i guess he could have the 3rd largest budget for a year but he wouldn’t come close because of the overheads associated with hiring so many people and buying equipment.

[@ichkommentiernurkommentare7237]

Even if his total networth wasn't compared to the annual spending for those militaries, he still couldn't buy anything close to that. His networth is entirely theoretical, he can't actually spend that money.

[@jchav1]

Imagine having so much money, then dying and taking nothing with you?….. imagine.

[@Syllence]

but what if it's not about yourself and rather about what you leave for the future generations to do with the wealth

[@jchav1]

@@Syllence but why leave? for what? Everyone will die at a point and take nothing with them. It’s just vanity and ambition. No purpose nor worth.

[@zubinkynto]

@@jchav1 you are literally asking why live in the first place. Why are you still here?

[@jchav1]

@@zubinkynto well I know my purpose. My purpose is to obtain eternal life. If material/ wealth/ fame was the purpose then 99% of earths population is not fulfilling theirs. Only 1% would be the ones that have obtained their purpose. Don’t get me wrong. I am not saying that money is bad, but when it’s to obtain power, ambitions, or saying that’s your purpose, I would say I beg to differ. I know why I live and why I currently live. When this life is gone, you will see what I mean. But money and materialistic stuff will rot just like your and my body.

[@zubinkynto]

@@jchav1 so you plan to live this extended/eternal life without ambitions? That sounds like a worse idea, because now you’re living on an even longer timescale without big goals in mind, which may drive you mad eventually. Additionally, unlike wealth/fame/material, life extension technologies are not an individual pursuit, but rather something everyone will have access to (unless you can’t afford it), because that’s a task for the global science community. This means that if you get extended/eternal life, everyone else will have it too, including the people that value material, ambitions, and fame.

[@Neversa]

Very nice! Greetings from Kazakhstan!

That's really amazing! Thanks a lot!!! 🙏🏻 Only it's a bit difficult to really understand how far Mars is from Earth.

[@hanochkurian5933]

Woow. This video was Amazing. Also informative on the hugeee Elon net worth

[@justoption1147]

now hes 300b+

[@nihilist1680]

I didn't understand all of it, but I liked watching it because it was so well made.

[@waadhannaxx]

Best explanation I seen on KZbin nice 👍

[@monicadaniels5163]

Investing in crypto is a more lucrative way of making money

[@user-hq6pf9uh2o]

Absolutely right , I got 70% of my total portfolio in crypto and I have been making good profits

[@gregoryphil6476]

I wanted to trade crypto but got confused by the fluctuations in price

[@financialturmoilexplained2511]

That won't bother you if you trade with a professional like Mr Wooden

[@victorakabuogu7556]

I heard that his strategies are really good

[@coincentral3946]

Yeah My first Investment with Mr wooden made me profits of over $24,320 US dollars and ever since then he has Been delivering

[@deathalive4372]

Wow imagine elon musk seeing his own estimates of growth 😂😂

[@AnuragDeshpande]

This is one awesome and insightful presentation. But I just cant look away from the fact of the amount of paper and OHP sheets used. I am hoping they are put to some better use after this video.

[@fearGod8]

For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life. - John 3:16

[@ignaoriginals4554]

This data on data series is beautiful