nuff said
this post was submitted on 15 Jul 2023
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Lol. "Negative cash flow."
You're broke. You're f*cking BROKE.
But he's not. He'll be fine. He'll always be fine.
It's hard to comprehend just how vastly, mind-bogglingly rich the ultra rich are, so consider: according to Wikipedia, Musk's net worth in July 2023 was about $239 billion. That means that he could lose 99% of everything he owns, and then lose 99% of what was left, and be left with over $20 million, more money than most of us will see in a lifetime.
He's not going to be applying for EBT any time soon. Hell, he's not going to be selling off the spare Lamborghini any time soon.
Oh, just for contrast: imagine someone who graduates from med school, immediately gets a job as a neurosurgeon making $200,000/year — No, let's say she really works hard, and is very good at her job, and spends wisely, and actually manages to save $200,000/year. Let's say she manages to keep this up every year for 50 years. How much does she have when she retires? $20 million, less than if Elon Musk lost 99% of everything, and then lost 99% again.