Wait a second, by all measures this billionaire is _already_ successful, no? How could anyone claim the contrary?
It’s more like being a medieval king: to the extent that you’re the shareholder, your wealth is the “nation’s” wealth; your guards are paid for out of your pocket; and you can be drawn into conflicts that lead to you losing everything.
It’s that latter part that I’d be worried about with Musk. He took a very big gamble with SpaceX, and if one more launch had failed in the early years, he would’ve become a mere footnote on someone else’s Wikipedia page. The concern is he might make similar gambles in future.
Will he be reduced to a mad man shouting on twitter, with nothing left to his name but failed enterprises?
Or will he carve the moon in his image?
"is bold and brilliant, and he swings for the fences."
and ...
"People like that get some remarkable results,” Munger continued. “Sometimes they get some quick failures. I haven’t the faintest idea how Elon Musk will turn out, but he has a considerable chance of success and considerable chance of failure. He seems to like it that way."