Elon Musk Brilliantly explains Wealth & how to be a billionaire!
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- Опубліковано 20 вер 2024
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Elon Musk Brilliantly explains Wealth & how to be a billionaire!
#shorts
It's not just about working hard, but about working smart-finding opportunities and creating value. I mean, look at Musk. Whether it's Tesla or SpaceX, he’s always thinking long-term and how to make a lasting impact. That mindset is probably why he's where he is today
True. It’s the same idea with investing, right? You don’t just throw your money into the market and hope for the best. You need a strategy, some kind of long-term vision. Like Musk said, it’s all about solving problems-except in this case, it’s about solving how to manage and grow your portfolio
Absolutely! That's why portfolio management is so critical. You’ve got to diversify, manage risks, and be ready for changes in the market. Elon’s approach of not putting all his eggs in one basket is something we can all apply to investing
Exactly! I’ve been following that same approach with my own investments, but let’s be honest-having a solid financial advisor can really take it to the next level.
Like Musk, they know how to spot opportunities early. I’ve been working with Joseph Nick Cahill and let me tell you, it’s a game-changer. He has a strategy that focuses on long-term growth, which is key when you're building real wealth
I heard about Joseph Nick Cahill too, and from what I know, he's one of those guys who doesn’t just react to market trends-he helps you get ahead of them. I tried managing my portfolio on my own for a while, but I just didn't have the time or the expertise to really optimize it.
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $30k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
Your advisor must be really good, I hope it's okay to inquire if you're still collaborating with the same advisor and how I can get in touch with them?
Rebecca Nassar Dunne is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I just checked her out and I have sent her an email. I hope she gets back to me soon
People forget that billionaires don't have billions in cash. It's capital gains.
Exactly!
How does Trump have all those buildings? Like I don’t hate him I want to be the same. I could care less about having all cash I rather have those buildings forever.
@@MrPrado-nc6qq Have you ever tried starting a business or trading in the stock market?
Those are the only ways to attain that level of wealth.
Some do. Elon isn’t one of them.
@@comforth3898 Fr...
It's either a business or investing that could get a person wealthy af
I love how Elon's answers are always unemotional and just straight logic.
More people on the spectrum should be in politics …kick out the psychopath fascists .
I think he understands that those who say those things don't know him nor his situation, so he doesn't take it personally. He doesn't see the money as his, it's for the companies and he uses it as such. He's just different, I guess.
Coz facts don't come from feelings nor does it care about it either.
This guy is not in it for the money. Call me naive but that's what I see.
@@cajs100 actually great decision makers are balanced emotionally and logically. Making a decision with just logic will make you disregard the nuisances of a situation
"I have loans against my stocks." Don't let that slide past you.
Finally, I was starting to loose hope. It’s crazy how many people just dick ride and don’t listen or understand the whole thing
Im to dumb to understand
@@canjier8353 It's a way rich people avoid paying taxes. Since you don't have to pay taxes until you sell your stocks for a gain, and you also don't have to pay taxes when you take out a loan. If you have a large amount of stocks you can take out a loan against what they are worth and live off that money. That's what he was mentioning, quickly, and what I was referring to.
@@canjier8353they never sell stock unless they actually need to have cash. For example to pay taxes or to pay interest/ principal on these loans. The consequences of selling the stock is less preferable than taking out an interest accruing loan. The stock appreciates, provides them with control over their organization, and allows them to realize gains without paying taxes.
@@canjier8353 basically a trick rich ppl do is have millions in stock in their companies, and whenever they need money they go to a bank and ask for a loan, when the loan asks for collateral they use their stocks as collateral
He gave more to the world than 99% of the world
if you have more, then give more :)
Helps when you're richer than half the countries in the whole world. 🤡
@@BruceWayne-yn6ur isn’t Bruce Wayne a billionaire?
Whats he given the world except stupid children names and overly expensive cars?
@@FierySpiritMaury He's an ethical billionaire. In other words, a fictional character. People like that don't exist in real world.
He has constantly risked everything he has when he believes he can make a difference in a meaningful way, and works constantly and lives like a drifter, I don't know how people can even look at this man without feeling absolute admiration!
You said it well!
He has a great work ethic, and his parents have to be so proud 👏 🙏🙏🙏
Agreed! It’s sick how many people hate him 😱
People hate him cause they think he's selfish. Thing is, he's actually the least selfish person I can think of in terms of bettering humanity as a whole.
I was part of the recent layoffs at Tesla and this bites hard. Grateful that I kept some savings north of 300k tho! Now I am looking for ways to allocate this into my portfolio to generate good dividends to supplement for my monthly expenses..
I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.
Consider allocating 30-40% to a High-Yield Savings Account (HYSA) and enlisting the help of an advisor to diversify into positions with the rest of your capital. My advisor has significantly impacted my financial journey, fostering clarity and confidence in the stock market. that’s what works for my spouse and I. We've made over 80% capital growth minus dividends.
@@sommersalt88 I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
@sommersalt88 I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jennifer Leigh Hickman” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Money is the mark of the beast for without it you can’t buy nor sell(you can still barter) unless you have money in any form
Money would be a gateway.
As stock ownership increases, then the Beast grows for it is a system.
As it expands with more assets to be traded through the stock market called The Beast, then inflation rises as well by virtue of progression.
Eventually inflation will be so great that, as an example bread may even be a day's wages, and eventually only those who own enough shares with enough stock may buy or sale, because no one else's can afford to.
Their stock investment is their Mark of the Beast by which they access through their mind which knows the information of their assets, access numbers, and statistics because 'This is knowledge', the mark in their forehead is knowledge.
And the mark in their right hand which they identify themselves with and access their accounts.
Let those who have knowledge calculate the number of his name. Roman numeral X. The number of a man, perhaps who uses X to identify his brand.
Who is he supposed to give back to? No one gave him anything. He worked for it
exactly!
That’s not true. No successful person can truly say ‘nobody gave them anything’. Tesla was given a loan in the early days, paid for by the tax payer, he has been given grants. Even his early success at PayPal only succeeded because he lived in a society which had invested in developing its own internet capabilities. Yes he has worked hard and he is the highest tax payer in history last year and will be again this year. I don’t ask him to pay any more, I do however think what he currently pays is fair to the society that helped Elon Musk become so successful. There is a reason he chose to go to the USA
"No one gave him anything?!" Do you know who his parents were? 😂 Look it up
tesla was basically bailed out by the government bro
@@everythingsawesome yeah is dad owned an emerald mine, but i guess we don't talk about the fact his dad was abusive?
Wonder if the interviewer thinks being poor, hungry & living in a tent city mere miles away from extreme privilege is: aggravating & annoying?🤪🙄🤡
It’s his money and he doesn’t have to share it if he doesn’t want to. People aren’t entitled to his money.
The government IS entitled to redistribute wealth. How can this possibly occur ?? To the Dummies out there - it's done through the tax code and (sorry) totally legal. Holy Schmoly. It's Not Only Legal, but redistribution of wealth is totally Moral. How so ?? It's totally Moral if you adere to the school of Ethics called ROBIN HOOD ETHICS. Who determines what your fair share of taxes paid are ?? Society as a whole or government, of course. Admittedly, in a Democracy, this puts the wealthy and super wealthy at a HUGE DISADVANTAGE being soooo outnumbered by the masses in the population. Then how come the wealthy and super wealthy pay way, way, way, way, way less taxes rather than than way, way, way, way, way more taxes. You get the masses to vote AGAINST Their Own Self Interests. Also, and more importantly, we don't live in a TRUE DEMOCRACY.
The Electoral College, Gerrymandering and Voter Suppression are all Anti Democracy. Finally, Musk stating wealth is Not like of having a ton of cash on hand is Musk behaving as toooooo cute.
Wealth involves cash, also income (both earned and unearned), also equity ownership in companies and real estate,etc . Not solely cash, of course. Musk knows this. Then why do this. This is Musk being. CUTE.
its not all his money.. because the fact an immigrant like him can come from africa to here and build a company requires us to have money to build the country in the first place.
He should at least be held to the same standard to pay taxes and he’s running a business he shouldn’t have all the power over his workers to pay them very little and treat them like s**. We all work extra hard then he does to earn our money and yet we still struggle while he can work his workers to death and holds all the wealthy they generate for him. He should either pay his employees more to help stimulate the economy or pay more in taxes to fund social programs to benefit the elderly, child care and health care. And don’t use that fallacy that we’re only funding lazy people. We are all just want fair livable wages to keep up with the rising cost and billionaires are make it harder for all of us for price gouging and not paying anything in taxes to fund society. He didn’t earn all that money on his own, he stole it from the American people and his dad just gave him money to invest in the first place. So keep believing that while you and the majority of us struggle to even put food on the table.
@@MoolaMar414 Of course, the government is entitled to his Musk's money. It matters Not how much you earn. The Only thing that matters is what you get to keep. The rest goes to the government through its tax policies. Should the masses demand that the super wealthy be taxed at a 99% percent rate of both income and equity assets. Of course. Also, very easy to accomplish in a True Democracy. After all, the bottom 99% outnumber the top 1% by a Huge, Huge,
Huge margin. This is unfair to the super wealthy and Immoral. Not so, for the new type of ethics. The new branch of Ethics is called "Robin Hood Ethics." Stealing from the Rich to give to the Poor. Also, another reason to target the rich. That's where the money is. Decades ago they asked the bank robber Willie Sutton why did he rob banks. His answer : "because that's where the money is."
U can't be more dumb than this.@@fz.doomsday500doomed9
You give back directly by giving your very best talent and produce an exceptional product.
Well it's good to know all his money is circulating in his business. It keeps him humble. You can tell he really worked for what he has.
yeah, exactly.
Government
you are an idiot. his father was rich, and it bought him opportunity. i don't hate the guy because he's rich, but saying he worked for it is absurd. everything he was able to "work" for was made possible by other peoples' wealth and generosity.
Really
@@Ryanderson8467boo hoo, life’s not fair. You can distribute money to people but the fact is each person will use that money for different reasons and spend it on different things. While some will invest the money they receive through work, a gift or inheritance, it’s up to that individual what they do with the money. Some fail and some succeed.
What’s sad is that if he did go bankrupt people would literally be happy about it.
yeah, bc they don't wanna see someone like him succeed...
@Unique Pros i never said it was. :) success is subjective.
Because people are miserable beings. Those who are fools complain and seethe. Those who can laugh at them and continue to shine.
@@edk412 well said!
If bankrupt, how many people would immediately be affected. No man is an island and marry would suffer. Good health to you, Mr Musk!.🙏🏼🙂
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Whosoever tries this sureIy acquires wealth. Get to her..
ELlZABETH GREEN HUNTS..
This man is amazingly down to earth.
True!
Down to Mars*
"Down to earth"
He is just another corrupt capitalist that destroys society and everything around us
@@umerdurrani9405both actually with his rocket company towards Mars and with the other 5 towards earth
@@umerdurrani9405🤣🤣🤣 You’re genius!)
He don’t need to give nothing to nobody he deserve what he earned he worked hard for it fuck people who are jealous of him
yeah, Envy kills people...
I'm not so much jealous as I am hurt by the number of millionaires and billionaires in America not aiding those who honestly need help shaq is probably one of the few who made it then denounced his celebrity status and spends some of his retirement in Walmart paying for groceries for the 9-5 workers my main point is its not the money that's the problem it's how those with it don't always use it responsibly and wisely
yeah he earned being born to a rich daddy
use more spit next time 🤣🤣🤣
I live in a trailer park and my neighbor wants my house. Doesn't matter if you have a little or a lot, somebody close by wants it from you
😂 what did he earn would love to know cause he damn sure didn't earn the millions mommy and daddy left him he dam sure didn't earn his private school education and he didn't earn all the ideas he stole to get where he is so I'd love to know what he earned
In other words he's saying he's worth billions but he doesn't have billions as cash, it's like saying he's worth 10 million but he only has 100 dollars in his pocket or bank account
Not a good analogy. Billions worth of stocks don't mean cash you can use anytime or sell anytime. If you have land, the price would increase over time and so in that sense that's real wealth; but stocks prices can fluctuate heavily and even if doesn't you can't sell a big amount of it, for that would bring down the stock prices in the Market. You may have heard of Anil Ambani who was among the top ten richest people on earth around 2008 but his networth today is zero or even minus, due to his stock prices going down badly. Instead if he had bought 10 billion worth of real estate at that time, he would probably be worth 50 billion today.
he was alowed be a billionaire, his state mates, made it easy for him and the maf, pp dominate markets, thats all those guys about, props, for others
It's 2023 and it's absolutely staggering at how many people still think that wealth is cash money - it's not and never has been!
Wealth by definition is "value". The old English word for "wealth" is "weal". This is the word that's referred to in regards to "well-being".
If you can create a product or service that can add a greater sense of "happiness, health and comfort" to another person, you would have created more wealth (well-being) in the life of that person.
Wealth is not "truck loads of cash" stored up in a vault. However, people will always exchange their money for something that can make life more comfortable, healthier and happier ".
Brilliant explanation. 👊🏿🇬🇧
Elon musk is amazing,100% genius his wealth can be on a knife edge due to massive risk taking .He has to make Russian roulette decisions every day .
Respect to EVERY SINGLE ONE who is working hard and doesn't give up.
💯
"my cash balances are very, very low" but is still enough to retire 40 people 💀
With his companies successes he has created lots of millionaires.
@@Ryanderson8467Homeless people are lazy. Just get a JOB!!!
A lot people in the comments think that just because your parents are rich you can become a billionaire. If that was the case we would have more billionaires.
Many people don't realise that s billionaire doesn't actually have billions. They only have a few millions in their actual bank account, and much less in liquid. All their other income is in company stocks, which they can't sell, because if they do, the share price of the company will fall dramatically, and the company might go bankrupt.
I appreciate your comment so much were are you located
bro explain this to me like a 2 year old
@@danielolugbemi Assume that the company is a pyramid of gold bricks, refer to those gold bricks as stocks. Now, in case of billionaires, they own most of the gold bricks in that pyramid, so if they sold their gold bricks for cash, the pyramid would fall.
In their actual bank account, they might have a few millions laying around, but the entirety of their wealth comes from those gold bricks, which as the company keeps growing, the price of each gold brick also keeps growing and thus the net worth of that billionaire also grows with it.
Start with rich parents. All you gotta do.
@Elon musk Right behind you. In a psychopath way. Not in support.
Edit: Clarification
All billionaires aren't the same
When I become a millionaire, I don’t want anyone to know. I will still eat in the hood ❤️ and give back to my people.
Lovers of money and greedy people will never understand this man.
yeah, they always after money and after money only. This man is different.
Or it could be something entirely different 🤔 😆 🤣???
❤❤❤
Billionaires are evil
his dad had emerald mining slaves (nepotism)
He’s doing so much to give back with the fear of not knowing if he dies if it will all just stop 🛑 He’s trying to take man kind to the next level
true, he doesn't hold back. because he knows that if he won't do the things to solve problems of mankind...then who will?
Your so honest and transparent! I love his Man❤️
@@SecretsofInvesting I would & I will once I learn how to controle my mind …. & energy …. So many ideas waiting to be brought to life !!
@@Rocketman6500 there's no stoppin' you then! May the odds be in your favor :D
Hello dear I will love to get a direct message from you
He’s risked everything to get there
yeah, He's immune to that. all his life he's been doing that, this man is admirable.
He was already rich before he started his first business. His Dad owned diamond mines in apartheid South Africa.
@@realnapster1522in an interview Elon said his father was lying about that.
My cash balance is very low - i.e. he's only got 100 million in cash lol.
Elon is quite possibly one of the least evil public billionaires ever
yeah, plus he knows money isn't everything. He said he had a deep understanding about it when he Founded paypal...
@@MT-kx2uc so did they
Every billionaire made money from other people.
100 million is low. It’s another world.
@@realnapster1522 not exploitation, just helping people achieve they’d goals snd knowing how to use talent and encourage it’s development.
Elon is the man and that’s why a lot of people hate him. They envy him and want to be him. Elon is obviously very real and his honesty shows in his words and body language. People, generally hate that in a successful person, they have no defence against truth, so they feel threatened, I guess. To tell you the truth, I don’t really know why. It’s one of humanity’s defects (see Human Condition). I, for one, think Elon Musk might be the saviour of humanity (non-religious) by helping (more like doing it all himself) us colonize Mars, therefore insuring our survival against catastrophe (natural or man made). My opinion!
yup, that's what majority do, hate people like Elon that can do whatever he wants to do. it's sad to see dragging successful individuals down who just want to help for the sake of others. People live in too much envy. that's the word..."envy".
What he doesn't mention is those loans he takes against his stock aren't taxed.
People with money do not owe other people money. There’s lots of money out there.
Well said. Nobody owes anyone anything in life in general. We all have the same 24 hours.
Damn wasted a lot of 24 hours as a baby. People easily forget Elon was also BORN INTO wealth.
@@VBoo459 He wasn’t born into wealth at all. He has supported his parents financially since he started. He is an immigrant from South Africa. Stop making excuses as to why he is successful and you still live with your grandma
Elon musk If you lost everything I would be there for you and help you get back on your feet....I could most likely help anyone or at least give them a helpful guide to get going on an upward direction i will always be here for you good times and bad
Im 100% sure he wont even see your comment
He fucking doesnt even knows je exists@@Yeah--mn9qk
He IS giving back! He is giving something more valuable to civilization/culture moving forward than money, as most people squander cash when its just given to them.
He has advanced space travel, EV vehicles are now common place, he has changed the world more than anyone individual in a century.
Facts! Musk is not in it for the money! Dude literally gave out the blueprints to Tesla's cars and technology to other car manufacturers to help boost the EV industry, despite it being bad for his own company! Gotta love him! And SpaceX didn't even become profitable until recently. It's purpose was not profit, but Musk's dream of exploring space. Neuralink is the same story. Dude want's to improve healthcare and help those in need, and the company isn't even profitable yet.
😂No he hasn't.
I'm fan of Elon musk
Love Elon. He’s got a great heart. He’s brilliant and I believe in him to always do the right thing. He donates billions of dollars + he does brilliant things.
He definitely is, he's unstoppable now..
Love this humble man's logic.. it disarms all arguments from all and sundry , and he leads by example with grace and respect for others.
Yes, if you take everything at face value. Which is a fool's game.
Remember, this is the 1% billionaires. It's completely different from the people that profit off milking others or inherit positions/accounts. It's very rare to find a billionaire whose companies are as ethical.
16 billion dollars is what elon has taken in wellfare, handouts and bailouts just from obama alone. yet he thinks school lunches are socialism
Did you all miss that? He has loans against his stock. He doesn’t ‘earn’ anything per se. That’s how you minimise your taxes people. Pretty clever
Elon was rich enough to retire to a great life after he sold PayPal around 20 years ago and made $150M from his share of it. He has been beyond generous, working almost non-stop and devoting his life to improving the future experience of mankind.
We’re not holding it against him that he was “successful”, but rather that he bought his “success” with taxpayer money.
Thanks for being a fan and supporting me I really appreciate i thanks god I came across this comment thanks❤
We definitely need more men like Elon...
no we dont, he got 16 billion from bailouts and wellfare.
We,as part of the United States, gave him, one and a half billion dollars that made him an instant millionaire, that's our money
No its he's...if your stupid enough to give him money in the first place its he's now lol
Y'all didn't gave him for free, y'all are either expecting returns on shares or got a product of equal value.
Very humble man and we need more like him💕
Nooooooooo never
@@streetscienceofficial8675 why?
I say Elon is a net positive. Something like 55% good and 45% bad. Which is better than the average billionaire (normally 80% bad and 20% good). That said, he didn't need to accumulate over 150 billion to accomplish everything he has. But that's bad policy and a market issue. Let him be. Also, he can't just liquidate everything and redistribute money. He'd cost massive instability in the market and cause a crisis. He can't cash out even if he wanted to. The people like him involved in the system would literally put a bullet in his head. He's stuck.
❤❤
A fair tax system across the board ensures that everyone gives their fair share. And of course basic safety and ethical standards in the work place. There should be no homeless in a modern society. That’s a signal that things need to be fixed. Morality is a choice.
The challenge is he can leverage his stocks with loans, which don’t count as income, so he can have wealth without paying taxes. He sold a bunch of stock, so he will pay his fair share now, but this is common place in the elite. They don’t pay themselves, they leverage their companies and avoid tax
he should pay taxes on income he hasn’t earned? So if you buy stocks you should also pay taxes before you actually make any money ?
@@dylan64368 I’d do the same thing if I were him, I’m simply explaining it’s a way to avoid paying taxes. However, if you realize gains over, I don’t know, say $100MM in a year (in the market), I think it would make sense to pay a tax so middle america isn’t footing all the bills. This is coming from a moderate conservative
Being a Billionaire may not be evil … but Elon … maybe 🤔
I love how Elon Explains step by step how to become a billionaire in this video, he clearly outlined the process, and the title wasn't clickbait at all.
Why don't you cry about it
He is too honest and open mind to accept anything that happens to him. I like the way he speaks like this. Mostly people stay liar and show off everything…
Loans against his stocks. Said it himself. Thats one trick to avoid paying taxes.
His portfolio is worth billions. His mind and thoughts on how to generate billions is what’s of value. His bank account is still equal to both of mine.❤
Elon is the last billionaire I look at in that way. Honest man with morales❤
16 billion in wellfare makes him honest? then denying obama gave him the money when its public record? telling his son if he is trans he isnt his son?
AGREE WITH HIM 100%, HIS WORK IS NOT ABOUT MONEY,IS ABOUT IMPROVING HUMAN LIFE,HE IS NOT LIVING ON YACHTS OR ENJOYING HIS LIFE ON VACATIONS LIKE A LOT OF RICH PEOPLE DOES,HE IS ALWAYS WORKING AND WORKING AND WORKING AND WORKING,YES I AGREE WITH HIM WHEN HE SAYS: PEOPLE DO'T REALLY WANT TO BE ME BECAUSE THEY DON'T UNDERSTAND THE ROUGH AND HARD LIFE I"M LIVING;AND I THINK IF HE COULD FIND SOMEBODY LIKE HIM,THAT WOULD BE THE ONLY POSSIBILITY FOR HIM TO DO THAT AND NOT TO LONG(MAYBE 2 WEEKS),BECAUSE HE IS ALWAYS WORRIED ABOUT HIS COMPANIES SAME AS HIS KIDS,HE UNDERSTAND THAT PEOPLE WITH KIDS(FAMILIES) HAS TO WORK TO MAKE THEIR LIVING THAT"S WHY HE CREATES AND INNOVATES FOR FAMILIES AND IMPROVING HUMANITY,GOD BLESS!!🙏🙏🙏🙏🙏🙏🙏🙏🙏❤️👁️👁️👁️👁️👁️
Great video, trading come with a lot of benefits And I have just bought my first house through it. As a beginner I was scared of loosing my savings but I’m glad I took the bold step that is now favoring me.
Congratulations,I would love to learn from you on how you get to this stage.
Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert.
Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.
Hey how good are your earnings I will like to get some insights into trading thank you.
Currently i can attest to the fact that I
make $18,300 weekly through trading
which is more better then my monthly salary job. Trading becomes my passive
income.
For me I am still in the fear zone, I've always been scared of loosing my money but love to see people share such words of encouragement through their earnings.
congratulations.
its not about succes or having money its about helping with this money instead of creating expensive cars
Elon is doing more for our planet than any human ever has... He's working his life away for all of us, and future generations.. we should be absolutely grateful
Exactly Emily! as an inspiration, this also a realization in my part that I can do the things I want to do. there he goes says in one of his interviews
"If something's important enough, you should try even if the probable outcome is failure."
@@SecretsofInvesting 😁 I adore him.
@@EmilyW.isawakenotwoke I look up Elon :)
Thank you for reaching out ❤
@@CEO-ElonMusk even though you are not real Elon, I love you. 😁♥💋
Dear Elon you are the bright 🌟 🤩 ⭐️ 🌠 💫 star on USA sky of success we love you Donna USA
He hates the USA, but loves China.
Elon- "My cash balances are very very low". Meaning at least a dozen billion dollars😂
“If tesla and SpaceX went bankrupt, I’d go bankrupt”. Yeah but that’s never ever ever ever ever going to happen
That's a man of integrity and willing to put it all on the line.
He is :)
how you should live when there is no restart button. play to win.
Elon Musk has already achieved great things. I respect him as a visionary and futurist. He has advanced the technological progress of modern society.
Nobody should expect Elon Musk to do philanthropy at this time. He is still consolidating his businesses.
Even Mr. Bill Gates that went into the philanthropy business is not too well liked either by many people.
Absolutely love it!! Although you can’t predict the future, you can prepare; the journey is not always easy, embrace persistence, patience and perseverance. Outline your goal and pull your efforts together to attain that goal. I had a fair share of struggles before diving into crypto last year. And let me tell you, it completely changed my life! So don't lose hope, my friend.
That’s a great motivation! I thought about crypt0 but unsure of it. I currently make $64k/yr. No investment and I need to do something quick. What can I do?
I’m very much aware of the great benefits of working with a pro but I haven't found one for myself.
Spot on. The market presents a lot of opportunities to create passive income, with the right skill and proper understanding. Whether you’re not sure about what to invest in, or you don’t have time to manage your assets, just make sure to consult an advisor.
I partner with Olivià CharIotte OswaId.
Wealth inequality is an economic issue. It is not a complaint that he didn’t or doesn’t contribute. The framing doesn’t really weigh anything it ignores the real issues that come from extreme wealth gaps. Investors many times ignore societal issues because they are intrenched in a capitalist ideology and minimizes true effects it can have society. I say all this and I still like Elon.
He knew how to leverage his assets to obtain a goal. He is smart, knows how to ignore nonsense.
A Wealth Hoarding Oligarch that pays zero taxes and is a white supremist from South Africa is frustrating.
They take out loans to pay their debts and in that way avoid paying taxes on billions in earned income, because when you pay your debt through a bank loan you can take tax deductions and not have to pay taxes.
No. He didn't avoid paying taxes because he have no income. He have no salary from his companies.
Not a long time ago he didn't have money, only shares of his companies. You can't go in a restaurant an pay with your shares. Selling share is bad. That's why he use loans.
The fact that people think he didnt give his fare share back means that people don't understand how individualism works on a global level in regards to profiting society and modernization just by one doing his work or job effectively and efficiently
He has loans against his stock to avoid paying taxes. Not in the spirit of the law but by the letter of the law, not illegal, also high risk/ high reward. If politicians are so desperate to have the super rich pay taxes, then change the rules.
I was looking for this comment. This is exactly what i said in a long winded form 😂.
@@Awoken369 The easiest way to say it and understand it is; The borrowing transaction is not a taxable event in most jurisdictions.
All of the super wealthy pay themselves in stock, and borrow, using the stock as collateral (also how Bitcoin is used to get dollars to pay the bills.) The real difference is that the Federal Reserve (head private bank in U.S.) will do whatever it takes to prop up the stock market and get them the inflation they need to rule over all who trade their time for currency. Like Trump stated, “the rich live off debt”. Fact, that’s why they don’t pay taxes, we don’t tax debt as income.🤗
lolz so should we pay taxes on house and car loans as well
It's nasty what the media does to make him look bad. He does so much to make our lives more comfortable. He deeply cares about humanity as a whole and it shows in the risks he's taken because he believes in his ideas.
This period making a good profitable investment should be in every wise individuals list ♥️♥️🔴
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Without the help of expert Samuel Richard, I would have still been in abject poverty struggling with life
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Basically if his biz went broke he'd be broke which is also why he pushes for greatness. Not for the financials but for the progress
IT JUST SHOWS HER OWN INFERIORITY . LET THIS BRIGHT AND GENUINE MAN WHO HAVE SO MUCH TO GIVE TO DO GOOD TO HUMANITY. Politicians they just talk and expend the taxpayers money.
Politicians have always been about taking money and oppressing the people ultimately. They are the ones who the poor should be after. Politicians never give anything in return. They sell you your oppression which is always a lie, cater to your emotions and manipulate it to get them into power so that they can take money and change laws only to suit them, only for the money. The government and politicians should always be kept at a limit, like as a garden snake and far away from a dragon.
Thank you for reaching out ❤
If he had a passion to rid poverty and do good for the poor as he does for rockets he would find a way
Humility at its best! Health, peace, prosperity, and happiness to you. ❤
He isn’t humble. He is logical, rational thinking has worked for him.
Elon barely sleeps, he has worked very hard to build companies. I dont have any money but why should I feel like Elon has to share his wealth with me? Not at all, he worked for it he deserves it, he doesn't have to share a penny with anyone.
Jealous people will always hate successful people. Its a sad human trait.!! No need to worry about those people... They will not contribute anything valuable to anyone anyway.
exactly, I read this somewhere, Envy is the greatest evil force of human.
@@SecretsofInvestingThat is sooo true. Funny how those same people will try and shoot you down, but spend all their time trying to be like you.....
I'm 62 years old I've seen a lot of things rich and poor fast and furious I think this man has worked for every single dime he's ever made He's new he's smart as hell and he's shoving this planet technologically to where it should have been 50 freaking years ago
Elon Musk is a guiding light. It's the silent oligopoly people are angered by.
He worked hard for it, so what he spends it on is up to him .Also he needs a lot of money to bring his dreams into reality. His space x program is a step in the right direction .
Yeah we have people starving in this world, but also have people who can prevent it.
Why don't you go prevent it then😂😂
It blows my mind that so many people feel entitled to other people's money and resources just because they don't have it 🤦♀️ there's a desperate need for people to actually just grow up.
Okay but when he says ‘bankrupt’ I don’t think he means ‘not enough money for food or gas 😂
Yeah like he says "my cash balance is low.... unless I sell my stocks" lol
Dudes creating change for humanity
Billionaires doing the work other dread to do! I'm fucking glad I don't have to make the kinds of decision!
I would like to be a millionaire but I don't have the attention spand to deal with the headaches, you can call me lazy but ADHD and Dyslexia is terrible!
hats of to all you millionaires and Billionaires out there and thank for the one that create corporations that allow mea to earn a wage and buy stuff!
very well Jordan! everyone has their own decisions to make. some have the guts to take risks and some don't want to,.. but some people like you are doing just fine and completely happy with their lives! hats off to you as well :)
I think many wealthy people do acquire their fortunes with deception and ambition ruthless tactics so that's why sometimes someone honest and hardworking isn't recognized as such.
His entire existence is giving to us.
he's making himself a superhero lol. I admire Elon
What a lot of people forget is having great ideas is one thing but to be able to make it a reality is a different, that’s the harsh reality of why only so many people get as far as Elon did.
Imagine doing as much for humanity as Elon musk has done to move humanity forward, and then some person who is pretty much done nothing that some other random person couldn’t do has the audacity to say you’re not paying your fair share.
How is he 'moving humanity forward'?
Such an amazing prayer at the end, you can tell she was filled with the Holy Spirit cuz I cried the entire time. She has such a way with words that touch the soul & God bless you guys for uploading this video. Praying it spreads far & wide.
It is only on how you use your money. God loves the rich and the poor. But it depends on how you use money. Because everything came from God. The money that we get comes from God. For God is the one who supplies for all of our needs. But if you have the attitude for the "love of money", then that is wrong towards God. Because money is the root of all evil.
Jesus said unto him, (the rich man), If thou be perfect, go and sell that thou hast, and give to the poor, and thou shalt have treasures in heaven: and come follow me. Then said Jesus unto his disciples, Verily I say unto you. That a rich man shall hardly enter into the kingdom of heaven.
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Amen 💖🔥
I don't think billionaires or anyone with Money needs to 'give back'.
Elon musk is seriously the biggest liar ive ever heard.
For real he rich asf
so friggin honest !!! a rare commodity now a days !!! good luck and God Bless you Elon !!!🙏👆🙏👍👍👍🇺🇸🇺🇸🇺🇸
rare it is.:)
Elon Musk is the only African American that's benefitting society
Karate
Only one? Where'd you got that source from, Stormfront?
Why ELON has been a superior leader compared to others….he has skin in the game. America, and capitalism are great when leaders take personal risks to be successful, and America is weak when leaders risk only their stock holders money. We will never be great again until we learn how to structure our corporations (read banks) where the leadership is PERSONALLY at risk for the decisions they make.