Current Events > Elon Musk passes Bill Gates to become world's second-richest person.

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Lebronwon
11/24/20 12:35:35 AM
#1:


https://thehill.com/policy/finance/527292-elon-musk-passes-bill-gates-to-become-worlds-second-richest-person-in

Tesla founder Elon Musk surpassed Microsoft co-founder Bill Gates to become the second-richest person in the world, according to the Bloomberg Billionaires Index. Musk, 49, added $100.3 billion to his net worth in 2020, more than any other person on Bloombergs ranking of the top 500 richest people in the world, Bloomberg News reported. In the most recent surge, Musks net worth jumped $7.2 billion, reaching $127.9 billion. His rise on the index from the 35th-richest person in January is attributed to Tesla, which is nearing $500 billion in market value. About three-fourths of Musks net worth is made up of Tesla shares. Musk remains behind Amazon founder Jeff Bezos, who sits at about $182 billion in net worth. Musk surpassed Gates in 2017. The Tesla founders ascent led to the second time in the indexs eight-year history that Gates was not considered one of the two richest people in the world. Gates, who is currently valued at $127.7 billion, has donated billions to charity since his fame, including $27 billion to the Gates Foundation since 2006, according to Bloomberg News.

The Microsoft co-founder has spent lots of money on COVID-19 vaccine research this year and sparred with Musk online after the Tesla founder doubted pandemic data and called COVID-19 tests extremely bogus. Bloomberg News noted that members of the index have combined gained 23 percent or $1.3 trillion in wealth since the start of 2020, even as the pandemic has led to massive layoffs for workers around the world.



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#2
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LightningAce11
11/24/20 12:54:23 AM
#4:



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Damn_Underscore
11/24/20 12:55:28 AM
#5:


alt right Elon Musk

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shnangyboos
11/24/20 12:56:00 AM
#6:


Dismantle and redistribute.

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Lebronwon
11/24/20 11:16:56 AM
#7:


Damn_Underscore posted...
alt right Elon Musk



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CRON
11/24/20 11:17:20 AM
#8:


Legitimate question - why do so many stupid people worship Elon Musk?

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Jabodie
11/24/20 11:18:20 AM
#9:


Lol this makes me think a crash is only a matter of time now. But I guess that's always the case.

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Alpha218
11/24/20 11:20:42 AM
#10:


Damn_Underscore posted...
alt right Elon Musk
This, but unironically

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RchHomieQuanChi
11/24/20 11:23:14 AM
#11:


CRON posted...
Legitimate question - why do so many stupid people worship Elon Musk?

They're temporarily embarrassed millionaires that think they can one day be like him

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Questionmarktarius
11/24/20 11:24:51 AM
#12:


RchHomieQuanChi posted...
They're temporarily embarrassed millionaires that think they can one day be like him
Smoking weed and flying rockets, while being rich as fuck, does seem pretty awesome.
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Proto_Spark
11/24/20 11:39:38 AM
#13:


Does Elon Musk even produce a major product/service yet? Like launching a car into space was cool and all, but can't they still not get Tesla's out in a big quantity?

Is Elon Musk just really good at convincing people he's a good businessman, a la Trump?
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BlockAddition
11/24/20 11:40:51 AM
#14:


CRON posted...
Legitimate question - why do so many stupid people worship Elon Musk?
Because electric cars, hyperloop and mars colonies will save the world

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RchHomieQuanChi
11/24/20 11:41:29 AM
#15:


BlockAddition posted...
Because electric cars, hyperloop and mars colonies will save the world

There's also people that, I shit you not, see him as IRL Tony Stark

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Machete
11/24/20 11:41:55 AM
#16:


CRON posted...
Legitimate question - why do so many stupid people worship Elon Musk?


Probably because he is alt right
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Jabodie
11/24/20 11:42:23 AM
#18:


Proto_Spark posted...
Does Elon Musk even produce a major product/service yet? Like launching a car into space was cool and all, but can't they still not get Tesla's out in a big quantity?

Is Elon Musk just really good at convincing people he's a good businessman, a la Trump?
It's neither of those things imo. It's just ridiculous amounts of speculation.

Probably a coincidence, but it looks like btc might spike again. Especially now that Elon gave his endorsement of it.

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John_Galt
11/24/20 11:43:30 AM
#19:


How come we never hear the poors bitching about this guy?

its always Bezos Bezos Bezos Bezos

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Proto_Spark
11/24/20 11:44:38 AM
#20:


John_Galt posted...
How come we never hear the poors bitching about this guy?

its always Bezos Bezos Bezos Bezos

Musk is better at PR
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coh
11/24/20 11:46:25 AM
#21:


Machete posted...
Probably because he is alt right
No he isnt
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TheMikh
11/24/20 11:47:53 AM
#22:


CRON posted...
Legitimate question - why do so many stupid people worship Elon Musk?

he's a bit of a walking meme, but he also has a very long planning horizon, a fascinating managerial style, and is a major risk-taker (though a counterpoint to this argument is his enjoyment of crony capitalist policies)

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IShall_Run_Amok
11/24/20 11:54:09 AM
#24:


That funny cobalt mine meme guy? I love him on reddit.

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MrMallard
11/24/20 11:55:31 AM
#25:


Because Musk is accumulating wealth, while Gates is spending his on philanthropic ventures.

I mean, you can sum it up with this line from the article:

Lebronwon posted...
The Microsoft co-founder has spent lots of money on COVID-19 vaccine research this year and sparred with Musk online after the Tesla founder doubted pandemic data and called COVID-19 tests extremely bogus.

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Damn_Underscore
11/24/20 11:59:12 AM
#26:


Does it really matter if you're the second or third richest person in the world tho?

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