An interesting remark from Musk about how his wealth is actually structured. It turns out that Elon Musk's net worth is almost entirely tied to Tesla and SpaceX shares, with less than 0.1% in cash. This is quite revealing, honestly.



Musk emphasizes that employees of his companies also benefit directly through shares and options, so it's not just his personal enrichment. But the most interesting part is that over 80% of Tesla's shares are held by retail investors and index or pension funds. That is, ordinary people and their retirement savings.

This means that when the company's value increases, the main beneficiaries are not Musk himself, but these investors. It turns out that Musk's net worth reflects not so much his personal wealth, but the success of the companies he founded. A rather unusual way to look at a billionaire's financial situation — not in cash, but in ownership stakes. It shows how deeply he believes in his projects.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin