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Re:Elon Musk becomes world’s richest person as wealth tops $... by pokerhobo on Thursday January 07, 2021 @11:49AM (#25673431)
Good for Elon. He put his own money into Tesla keeping it from going under and still holds 20% never selling any shares. He’s even complained in the past that Tesla stock was too high. His significant ownership of SpaceX also helps. Disclaimer, I’m a Tesla shareholder and could retire today off my gains.
Re:Elon Musk becomes world’s richest person as wealth tops $... by MagnumOpus on Thursday January 07, 2021 @01:43PM (#25675306)
Not just never selling shares. Convincing the other shareholders to gift him 55bn of their shares as annual salary. Smart but not repeatable infinitely, sooner or later some of you will button on that you are being fleeced. (So sell now and retire, or regret it later.)
Re:Elon Musk becomes world’s richest person as wealth tops $... by apta_ on Friday January 08, 2021 @02:55AM (#25682600)
How much do you need to retire? $500K? $1M? $10M?