Elon Musk becomes the first person to reach a net worth of $400B

A fundamental indication of what's wrong with society. Human beings cannot handle scale. Economies of scale and technology turns into perversion and gives individuals at the top too much power.

There is a case where the pay package he was granted in 2018 was rejected that is worth $100B in total Tesla&#x27;s trading value.<p>I assume that was not included. And if the case would be turned down later, would that put him as first person to hit Half a Trillion Net worth?<p>I still remember in 2013 &#x2F; 2014 we thought trillion dollar market cap were impossible due to law of big numbers. And even though my model project Apple to be the a Trillion Dollar market cap company I didn&#x27;t even believe it myself. We now have multiple multi-trillion market cap company.<p>I wonder how long will we see the first Trillionaire.

Tesla fundamentals a mediocre, and are very unlikely to change by the next earnings call. Tesla is now the biggest meme stock in history.<p>TBF the guy in second place sells overpriced handbags and liquor.

Here’s a basic question I have:<p>So he’s only worth that much on paper. He’d have to sell everything to get a big pile is cash.<p>Would there be enough money sloshing around to buy all his shares and assets at the indicated value?<p>I guess there is, but surely he wouldn’t get that much if he had a fire sale? LOL<p>What about all the billionaires combined?<p>Bezos, Musk and so on.<p>Could they just sell everything?<p>Do other people have enough money to buy what they have?<p>I suppose they do if you extend the net wide enough…<p>Just seems crazy to me and meaningless.<p>It’s madness :-&#x2F;<p>What are they hoarding it all for?<p>I just dont understand it at all.