Compared to other billionaires, Elon Musk is not that
rich actually. The PH's richest man has more money than him :-) But people
often mention Elon nonetheless. Forbes' 2018 billionaires.
April 1 this year, there was one headline saying that "Elon to buy facebook then delete it." It's a "fool's day" news of course. Comparing the wealth of Zuckerberg and Musk, the non-fool's day headline might be "Mark to buy Tesla and convert all of their cars to gas engines." And make money even without any government subsidy.
Without US govt subsidy (about $7,500/car) for Tesla cars that Elon
sell, he could be a single digit billionaire only, somewhere 150th+. Real time wealth, Musk is now at #66 with $18.1 B.
If family wealth is considered, the richest people in the
planet are the Waltons, owners of Walmart. Combined wealth of Jim, Robson and
Alice is $138 B. Second would be the Koch brothers with $120 B. 3rd-4th would be
Jeff Bezos and Bill Gates.
On Trump, he is "poor" compared to these guys. Henry Sy and family would be at least 6x richer than him. A friend commented that Trump's wealth was "propped up by money from the Russian
Mob". Wrong info. I read one Forbes article saying that his wealth has declined by $0.4 B, he's at
#766 with only $3.1 B in the 2018 billionaires' list.
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See also:
Inequality 32, Free land distribution, free housing Kadamay, April 13, 2017
Inequality 33, Decline in global poverty, October 16, 2017
Inequality 34, Eric Jurado on the richest 1%, February 01, 2018
