Elon Musk's net worth tops $300 billion — a record

EvilEyeFleegle

Dogpatch USA
Gold Supporting Member
Nov 2, 2017
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Twin Falls Idaho
300B---and climbing



Elon Musk's net worth has surpassed $300 billion, making him the first person on the planet to reach that milestone. It also means the Tesla chief executive is worth tens of billions more than the second-richest person on earth, Amazon.com founder Jeff Bezos.
Musk was worth $302 billion as of Thursday, according to the Bloomberg Billionaires Index. That's an increase of almost $10 billion from the previous day, thanks to a jump in Tesla shares on Thursday.
To give Musk's wealth some perspective, consider that it is greater than the annual GDP of nations such as Finland, Chile and Vietnam — and exceeds the market value of Netflix and PayPal, a company that he co-founded. The surge in Musk's assets comes as lawmakers are considering a billionaires tax that would take a bite out of the wealth of the nation's roughly 700 billionaires.
Under the plan, tradable assets — such as Tesla's stock — in a billionaire's portfolio would be valued annually. If those assets gained in value, the billionaire would pay a tax on that gain, even if they haven't sold the asset. Under current law, a gain is only taxed if it is "realized" when its owner sells the asset and makes a profit.
Not surprisingly, Musk and other billionaires are voicing their displeasure with the proposed tax.
Musk would be liable for perhaps a one-time $50 billion tax hit under the Democratic proposal. Forget it, he said on Twitter.
"My plan," the SpaceX founder tweeted Thursday about his fortune, "is to use the money to get humanity to Mars and preserve the light of consciousness."
Other billionaires are also voicing their anger at the idea. John Catsimatidis, the billionaire grocery chain and real estate magnate who owns Gristedes, condemned the proposal as something you would "expect Putin to do," referring to President Vladimir Putin of Russia.
Leon Cooperman, the outspoken billionaire investor who has long denounced Senator Elizabeth Warren's separate proposal for a wealth tax, has added his voice to the exasperation coming from some of the uber-wealthy.
In an interview with The Daily Beast, Cooperman said of the tax, "I doubt it's legal, and it's stupid."
Below are the 10 richest people in the world, according to the Bloomberg Billionaires Index.

  1. Elon Musk: $302 billion
  2. Jeff Bezos: $199 billion
  3. Bernard Arnault: $168 billion
  4. Bill Gates: $135 billion
  5. Larry Page: $129 billion
  6. Sergey Brin: $125 billion
  7. Mark Zuckerberg: $118 billion
  8. Steve Ballmer: $116 billion
  9. Larry Ellison: $115 billion
  10. Warren Buffet: $105 billion
 
300B---and climbing



Elon Musk's net worth has surpassed $300 billion, making him the first person on the planet to reach that milestone. It also means the Tesla chief executive is worth tens of billions more than the second-richest person on earth, Amazon.com founder Jeff Bezos.
Musk was worth $302 billion as of Thursday, according to the Bloomberg Billionaires Index. That's an increase of almost $10 billion from the previous day, thanks to a jump in Tesla shares on Thursday.
To give Musk's wealth some perspective, consider that it is greater than the annual GDP of nations such as Finland, Chile and Vietnam — and exceeds the market value of Netflix and PayPal, a company that he co-founded. The surge in Musk's assets comes as lawmakers are considering a billionaires tax that would take a bite out of the wealth of the nation's roughly 700 billionaires.
Under the plan, tradable assets — such as Tesla's stock — in a billionaire's portfolio would be valued annually. If those assets gained in value, the billionaire would pay a tax on that gain, even if they haven't sold the asset. Under current law, a gain is only taxed if it is "realized" when its owner sells the asset and makes a profit.
Not surprisingly, Musk and other billionaires are voicing their displeasure with the proposed tax.
Musk would be liable for perhaps a one-time $50 billion tax hit under the Democratic proposal. Forget it, he said on Twitter.
"My plan," the SpaceX founder tweeted Thursday about his fortune, "is to use the money to get humanity to Mars and preserve the light of consciousness."
Other billionaires are also voicing their anger at the idea. John Catsimatidis, the billionaire grocery chain and real estate magnate who owns Gristedes, condemned the proposal as something you would "expect Putin to do," referring to President Vladimir Putin of Russia.
Leon Cooperman, the outspoken billionaire investor who has long denounced Senator Elizabeth Warren's separate proposal for a wealth tax, has added his voice to the exasperation coming from some of the uber-wealthy.
In an interview with The Daily Beast, Cooperman said of the tax, "I doubt it's legal, and it's stupid."
Below are the 10 richest people in the world, according to the Bloomberg Billionaires Index.


  1. Elon Musk: $302 billion
  2. Jeff Bezos: $199 billion
  3. Bernard Arnault: $168 billion
  4. Bill Gates: $135 billion
  5. Larry Page: $129 billion
  6. Sergey Brin: $125 billion
  7. Mark Zuckerberg: $118 billion
  8. Steve Ballmer: $116 billion
  9. Larry Ellison: $115 billion
  10. Warren Buffet: $105 billion
2CBVNUC.jpg
 
300B---and climbing



Elon Musk's net worth has surpassed $300 billion, making him the first person on the planet to reach that milestone. It also means the Tesla chief executive is worth tens of billions more than the second-richest person on earth, Amazon.com founder Jeff Bezos.
Musk was worth $302 billion as of Thursday, according to the Bloomberg Billionaires Index. That's an increase of almost $10 billion from the previous day, thanks to a jump in Tesla shares on Thursday.
To give Musk's wealth some perspective, consider that it is greater than the annual GDP of nations such as Finland, Chile and Vietnam — and exceeds the market value of Netflix and PayPal, a company that he co-founded. The surge in Musk's assets comes as lawmakers are considering a billionaires tax that would take a bite out of the wealth of the nation's roughly 700 billionaires.
Under the plan, tradable assets — such as Tesla's stock — in a billionaire's portfolio would be valued annually. If those assets gained in value, the billionaire would pay a tax on that gain, even if they haven't sold the asset. Under current law, a gain is only taxed if it is "realized" when its owner sells the asset and makes a profit.
Not surprisingly, Musk and other billionaires are voicing their displeasure with the proposed tax.
Musk would be liable for perhaps a one-time $50 billion tax hit under the Democratic proposal. Forget it, he said on Twitter.
"My plan," the SpaceX founder tweeted Thursday about his fortune, "is to use the money to get humanity to Mars and preserve the light of consciousness."
Other billionaires are also voicing their anger at the idea. John Catsimatidis, the billionaire grocery chain and real estate magnate who owns Gristedes, condemned the proposal as something you would "expect Putin to do," referring to President Vladimir Putin of Russia.
Leon Cooperman, the outspoken billionaire investor who has long denounced Senator Elizabeth Warren's separate proposal for a wealth tax, has added his voice to the exasperation coming from some of the uber-wealthy.
In an interview with The Daily Beast, Cooperman said of the tax, "I doubt it's legal, and it's stupid."
Below are the 10 richest people in the world, according to the Bloomberg Billionaires Index.


  1. Elon Musk: $302 billion
  2. Jeff Bezos: $199 billion
  3. Bernard Arnault: $168 billion
  4. Bill Gates: $135 billion
  5. Larry Page: $129 billion
  6. Sergey Brin: $125 billion
  7. Mark Zuckerberg: $118 billion
  8. Steve Ballmer: $116 billion
  9. Larry Ellison: $115 billion
  10. Warren Buffet: $105 billion
Wait till he completely dominates the telephone market. The new phone he's working on which will be out in a few months will have built-in satellite capability not needing cell towers.
If you own aTesla automobile it will become your automobile key. It will have space alloted to it remotely on a crypto mining factory that musk will be setting up just to service his phone network.. and it most likely will not need a SIM card if musk is capable of convincing the FCC to Grant his company a telephony license. He's on his way to becoming the planet's first trillionaire and the funny part about it is he's not money driven the money is driven to him.
 
Wait till he completely dominates the telephone market. The new phone he's working on which will be out in a few months will have built-in satellite capability not needing cell towers.
If you own aTesla automobile it will become your automobile key. It will have space alloted to it remotely on a crypto mining factory that musk will be setting up just to service his phone network.. and it most likely will not need a SIM card if musk is capable of convincing the FCC to Grant his company a telephony license. He's on his way to becoming the planet's first trillionaire and the funny part about it is he's not money driven the money is driven to him.
Thank you Nelson Mandella
 
300B---and climbing



Elon Musk's net worth has surpassed $300 billion, making him the first person on the planet to reach that milestone. It also means the Tesla chief executive is worth tens of billions more than the second-richest person on earth, Amazon.com founder Jeff Bezos.
Musk was worth $302 billion as of Thursday, according to the Bloomberg Billionaires Index. That's an increase of almost $10 billion from the previous day, thanks to a jump in Tesla shares on Thursday.
To give Musk's wealth some perspective, consider that it is greater than the annual GDP of nations such as Finland, Chile and Vietnam — and exceeds the market value of Netflix and PayPal, a company that he co-founded. The surge in Musk's assets comes as lawmakers are considering a billionaires tax that would take a bite out of the wealth of the nation's roughly 700 billionaires.
Under the plan, tradable assets — such as Tesla's stock — in a billionaire's portfolio would be valued annually. If those assets gained in value, the billionaire would pay a tax on that gain, even if they haven't sold the asset. Under current law, a gain is only taxed if it is "realized" when its owner sells the asset and makes a profit.
Not surprisingly, Musk and other billionaires are voicing their displeasure with the proposed tax.
Musk would be liable for perhaps a one-time $50 billion tax hit under the Democratic proposal. Forget it, he said on Twitter.
"My plan," the SpaceX founder tweeted Thursday about his fortune, "is to use the money to get humanity to Mars and preserve the light of consciousness."
Other billionaires are also voicing their anger at the idea. John Catsimatidis, the billionaire grocery chain and real estate magnate who owns Gristedes, condemned the proposal as something you would "expect Putin to do," referring to President Vladimir Putin of Russia.
Leon Cooperman, the outspoken billionaire investor who has long denounced Senator Elizabeth Warren's separate proposal for a wealth tax, has added his voice to the exasperation coming from some of the uber-wealthy.
In an interview with The Daily Beast, Cooperman said of the tax, "I doubt it's legal, and it's stupid."
Below are the 10 richest people in the world, according to the Bloomberg Billionaires Index.


  1. Elon Musk: $302 billion
  2. Jeff Bezos: $199 billion
  3. Bernard Arnault: $168 billion
  4. Bill Gates: $135 billion
  5. Larry Page: $129 billion
  6. Sergey Brin: $125 billion
  7. Mark Zuckerberg: $118 billion
  8. Steve Ballmer: $116 billion
  9. Larry Ellison: $115 billion
  10. Warren Buffet: $105 billion
and who’s who of DNC donors.
 
300B---and climbing



Elon Musk's net worth has surpassed $300 billion, making him the first person on the planet to reach that milestone. It also means the Tesla chief executive is worth tens of billions more than the second-richest person on earth, Amazon.com founder Jeff Bezos.
Musk was worth $302 billion as of Thursday, according to the Bloomberg Billionaires Index. That's an increase of almost $10 billion from the previous day, thanks to a jump in Tesla shares on Thursday.
To give Musk's wealth some perspective, consider that it is greater than the annual GDP of nations such as Finland, Chile and Vietnam — and exceeds the market value of Netflix and PayPal, a company that he co-founded. The surge in Musk's assets comes as lawmakers are considering a billionaires tax that would take a bite out of the wealth of the nation's roughly 700 billionaires.
Under the plan, tradable assets — such as Tesla's stock — in a billionaire's portfolio would be valued annually. If those assets gained in value, the billionaire would pay a tax on that gain, even if they haven't sold the asset. Under current law, a gain is only taxed if it is "realized" when its owner sells the asset and makes a profit.
Not surprisingly, Musk and other billionaires are voicing their displeasure with the proposed tax.
Musk would be liable for perhaps a one-time $50 billion tax hit under the Democratic proposal. Forget it, he said on Twitter.
"My plan," the SpaceX founder tweeted Thursday about his fortune, "is to use the money to get humanity to Mars and preserve the light of consciousness."
Other billionaires are also voicing their anger at the idea. John Catsimatidis, the billionaire grocery chain and real estate magnate who owns Gristedes, condemned the proposal as something you would "expect Putin to do," referring to President Vladimir Putin of Russia.
Leon Cooperman, the outspoken billionaire investor who has long denounced Senator Elizabeth Warren's separate proposal for a wealth tax, has added his voice to the exasperation coming from some of the uber-wealthy.
In an interview with The Daily Beast, Cooperman said of the tax, "I doubt it's legal, and it's stupid."
Below are the 10 richest people in the world, according to the Bloomberg Billionaires Index.


  1. Elon Musk: $302 billion
  2. Jeff Bezos: $199 billion
  3. Bernard Arnault: $168 billion
  4. Bill Gates: $135 billion
  5. Larry Page: $129 billion
  6. Sergey Brin: $125 billion
  7. Mark Zuckerberg: $118 billion
  8. Steve Ballmer: $116 billion
  9. Larry Ellison: $115 billion
  10. Warren Buffet: $105 billion
MOST of the money made in less than the last 7 years . WHILE those working for him gained what dollars?
 
The greatest corporate welfare moocher in Murican history.
We fought a revolutionary war to free ourselves of British corporate agents, and now? We are letting one of them subvert the Constitution and reconquer us.

Someone needs to tar and feather that guy before this gets out of hand.
 
300B---and climbing



Elon Musk's net worth has surpassed $300 billion, making him the first person on the planet to reach that milestone. It also means the Tesla chief executive is worth tens of billions more than the second-richest person on earth, Amazon.com founder Jeff Bezos.
Musk was worth $302 billion as of Thursday, according to the Bloomberg Billionaires Index. That's an increase of almost $10 billion from the previous day, thanks to a jump in Tesla shares on Thursday.
To give Musk's wealth some perspective, consider that it is greater than the annual GDP of nations such as Finland, Chile and Vietnam — and exceeds the market value of Netflix and PayPal, a company that he co-founded. The surge in Musk's assets comes as lawmakers are considering a billionaires tax that would take a bite out of the wealth of the nation's roughly 700 billionaires.
Under the plan, tradable assets — such as Tesla's stock — in a billionaire's portfolio would be valued annually. If those assets gained in value, the billionaire would pay a tax on that gain, even if they haven't sold the asset. Under current law, a gain is only taxed if it is "realized" when its owner sells the asset and makes a profit.
Not surprisingly, Musk and other billionaires are voicing their displeasure with the proposed tax.
Musk would be liable for perhaps a one-time $50 billion tax hit under the Democratic proposal. Forget it, he said on Twitter.
"My plan," the SpaceX founder tweeted Thursday about his fortune, "is to use the money to get humanity to Mars and preserve the light of consciousness."
Other billionaires are also voicing their anger at the idea. John Catsimatidis, the billionaire grocery chain and real estate magnate who owns Gristedes, condemned the proposal as something you would "expect Putin to do," referring to President Vladimir Putin of Russia.
Leon Cooperman, the outspoken billionaire investor who has long denounced Senator Elizabeth Warren's separate proposal for a wealth tax, has added his voice to the exasperation coming from some of the uber-wealthy.
In an interview with The Daily Beast, Cooperman said of the tax, "I doubt it's legal, and it's stupid."
Below are the 10 richest people in the world, according to the Bloomberg Billionaires Index.


  1. Elon Musk: $302 billion
  2. Jeff Bezos: $199 billion
  3. Bernard Arnault: $168 billion
  4. Bill Gates: $135 billion
  5. Larry Page: $129 billion
  6. Sergey Brin: $125 billion
  7. Mark Zuckerberg: $118 billion
  8. Steve Ballmer: $116 billion
  9. Larry Ellison: $115 billion
  10. Warren Buffet: $105 billion
Fair is fair if they lose asset value does the government credit them with the loss and return the funds? Basically an organized form of outright theft.
 
The Biden family never made a buck that wasn't confiscated from taxpayers and yet they are worth an estimated 10 million. Where did it come from?
 
300B---and climbing



Elon Musk's net worth has surpassed $300 billion, making him the first person on the planet to reach that milestone. It also means the Tesla chief executive is worth tens of billions more than the second-richest person on earth, Amazon.com founder Jeff Bezos.
Musk was worth $302 billion as of Thursday, according to the Bloomberg Billionaires Index. That's an increase of almost $10 billion from the previous day, thanks to a jump in Tesla shares on Thursday.
To give Musk's wealth some perspective, consider that it is greater than the annual GDP of nations such as Finland, Chile and Vietnam — and exceeds the market value of Netflix and PayPal, a company that he co-founded. The surge in Musk's assets comes as lawmakers are considering a billionaires tax that would take a bite out of the wealth of the nation's roughly 700 billionaires.
Under the plan, tradable assets — such as Tesla's stock — in a billionaire's portfolio would be valued annually. If those assets gained in value, the billionaire would pay a tax on that gain, even if they haven't sold the asset. Under current law, a gain is only taxed if it is "realized" when its owner sells the asset and makes a profit.
Not surprisingly, Musk and other billionaires are voicing their displeasure with the proposed tax.
Musk would be liable for perhaps a one-time $50 billion tax hit under the Democratic proposal. Forget it, he said on Twitter.
"My plan," the SpaceX founder tweeted Thursday about his fortune, "is to use the money to get humanity to Mars and preserve the light of consciousness."
Other billionaires are also voicing their anger at the idea. John Catsimatidis, the billionaire grocery chain and real estate magnate who owns Gristedes, condemned the proposal as something you would "expect Putin to do," referring to President Vladimir Putin of Russia.
Leon Cooperman, the outspoken billionaire investor who has long denounced Senator Elizabeth Warren's separate proposal for a wealth tax, has added his voice to the exasperation coming from some of the uber-wealthy.
In an interview with The Daily Beast, Cooperman said of the tax, "I doubt it's legal, and it's stupid."
Below are the 10 richest people in the world, according to the Bloomberg Billionaires Index.


  1. Elon Musk: $302 billion
  2. Jeff Bezos: $199 billion
  3. Bernard Arnault: $168 billion
  4. Bill Gates: $135 billion
  5. Larry Page: $129 billion
  6. Sergey Brin: $125 billion
  7. Mark Zuckerberg: $118 billion
  8. Steve Ballmer: $116 billion
  9. Larry Ellison: $115 billion
  10. Warren Buffet: $105 billion
Okaaaay.

And what is it to you what the guy is worth?
 

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