this post was submitted on 27 Oct 2023
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It's of course possible that he used to be good with money and currently is bad with it. But you just don't get to that #1 spot with just pure luck -- unless we go philosophical and think of everything being based on luck.
When you inherit a ton of money and invest it in every stupid idea you have...
With enough time and money eventually you'll stumble into something successful by pure chance. That doesn't mean you're good with money, just that you got lucky.
You don't hear about the people who inherited daddies money and proceeded to slowly go broke with no successes to speak of.
The evidence of Elon's poor business decisions speaks volumes towards "being wealthy doesn't mean you're smart, it just means you got lucky."
you might get the number 1 spot by lying to people about your success or lying to customers, it you think buying something that's worth much less than what you paid is being good with money, then sure he deserves number 1, but maybe he's just lucky that his father had money and he seems to be just an idiot