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SpaceX executives worried Elon Musk was on drugs during 'cringeworthy' all-hands meeting, WSJ reports
(www.businessinsider.com)
this post was submitted on 08 Jan 2024
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Know this: having that amount of money is deeply not normal. None of us could do it. We'd save people. We'd build things that helped instead of giant toys. Billionaires are a type of sociopathy. And this guy's got it bad.
100% tax after 999 million. Full stop.
Exactly. Musk and Trump are the poster children for why you shouldn't leave your kids everything if you're wealthy. It'll ruin their lives and the lives of their children.
Not trying to defend excessive wealth, but Trump and Musk were both ruined by their fathers.
The regular model for self aware billionaires is to keep your head down. How much do you know about the Johnson and Johnson heirs? Or the Walmart heirs? They know their necks will be on the chopping block is they're well known and a revolution comes.
"One tiny step for mankind and one giant leap for me personally" -- Jason Alexander during a skit about piece of shit billionaires making dick shaped rockets going out into space.
The irony of course is Jason, Jerry, Julia, and Larry are all billionaires.
edit: apparently Jason only has a net worth of 50 mil despite being on the most popular sitcom of all time and the comparative net worths of his colleagues. I guess he got nothing on the back end for syndication. Shitty.
Julia was rich before Seinfeld even aired.
Larry and Jerry definitely got paid but I doubt either of them are billionaires.
edit: She's the daughter of French-born business magnate Gérard Louis-Dreyfus.
In comparison, that's absolutely shitty and I agree. On the other hand I look at his net worth though and it reminds me of a recent article about Tesla's cofounders, and how out of 5 only two "got rich". Within that same article the guy with the lowest net worth was still worth 200 million. Jason's hilarious and I love his work, but at the same time if he "only" is worth 50 mil, congrats to the guy for getting rich anyway.
Good point though about the irony of it.
Musk spent a lot of money trying to teach people that that doesn't work.
He's a billionaire because he owns the majority of Tesla and Tesla is very valuable. He has no taxable income unless he draws a salary or liquidates some of his Tesla shares
He demonstrated it by liquidating some shares and getting a tax bill
Billionaire spending money comes from a deal with a bank - the billionaire gets as much credit as they like, the bank is paid back by their estate upon death