this post was submitted on 24 Feb 2025
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Actually you are correct. I thought i had found a number for his liquid money but it wasn’t.
Also got a bit hung up on his stake in Tesla being just 13% but with Tesla being valued at ~900B thats still over ~100B of his ~320B “value”
Someone on Lemmy once calculated that he could lose 99% of his net value, then lose 99% of what's left and he'd still be a multimillionaire. From the 320B, that would still leave him with 32M.
Sooner than later his shareholders will sue him for burning their money. This should be interesting.
Also worth noting that he's stated himself that his companies' values are all heavily tied together, and that it's a "carefully balanced house of cards". If Tesla falls, so to does everything else.