Dan
[__]
North Melbourne - 2018 Luke Davies-Uniacke and Paul Ahern Player Sponsor
North Melbourne - 2017 Junker and Wagner Player Sponsor
North Melbourne - 2016 Daw & Anderson Player Sponsor
North Melbourne - 2015 Daw & MacMillan Player Sponsor
North Melbourne - 2014 Daw, Black, Gibson Player Sponsor
North Melbourne - 2013 Daw, Black and Gibson Player Sponsorship
North Melbourne - North 2012 Player Sponsor
North Melbourne - North 2011 Player Sponsor
- Mar 21, 2010
- 26,683
- 44,004
- AFL Club
- North Melbourne
- Other Teams
- Bali 6's, Dorothy Mantooth
You're trying to nit pick the richest person on the planet. What's his net worth right now?There's just no quantifiable metric where this is remotely true.
Yes, Elon is obscenely wealthy. But he paid an obscenely huge and inflated sum for Twitter.
According to Forbes, Elon's net-worth was somewhere in the vicinity of $130-$220~billion in 2022/2023. That means he spent between a third or a quarter of his entire net worth on Twitter when he paid $44 billion for it.
That is INSANE. And absolutely not a 'pittance'. You just do not see financially intelligent uber rich people making purchases like that.
And the two key takeaways from both of those factors are that;
- He overpaid massively for Twitter because he made an edgelord joke about buying it and then got backed into a corner and forced to go through with it. He even tried to get out of the deal multiple times but realised he couldn't.
- His actual net-worth is ridiculously inflated artificially due to the meme-stock status of Tesla, which was trading at nearly $410 a share back in 2022 when Elon floated the idea to buy Twitter. Since then, it's crashed down to $170~ as of a month ago, with little peaks and valleys as follows.
Elon would have the best of everything and that would include lawyers/advisors re Twitter possible scenarios. Twitter/X could go the same way of some dodgy NFT and be worth nothing. Elon would carry on with everything that keeps him busy. Because here's the thing with successful go getter/entrepreneurial types like Elon.....they're not only ridiculously rich financially but also mentally. They have have 1 gear......GO!
His Tesla's are the most popular electric cars in the world before his acquisition of Twitter/X and today. But sure meme status stock 'n' that.
As for other uber rich people not making insane purchases. You haven't noticed the oil sheiks sticking their fingers in all kinds of pies when it comes to Entertainment & Sports? You think you all them ventures are profitable or maybe they do it because they simply can. They own Golf.....who knows.....the NBA could be next.
I don't know Chad.....you've got a bit of jealous ex girlfriend about you when it comes to Elon.
It's not good.