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Musk is worth over $350 billion. He could give every American $1 million and still be a billionaire (Original Post) Travel Hat Dec 2024 OP
To BeerBarrelPolka Dec 2024 #1
he could give a million people 350,000 dollars is more like it, its still a boatload of cash though Blues Heron Dec 2024 #2
I stand corrected Travel Hat Dec 2024 #3
Suggest you edit your post onenote Dec 2024 #19
Billion enid602 Dec 2024 #4
Everyone gets a Grand. maxsolomon Dec 2024 #5
The US population is about 333 million sarisataka Dec 2024 #6
Math not your strong suit? EX500rider Dec 2024 #7
Truth won't trend well on this. Silent Type Dec 2024 #10
US GDP per capita is about $81,000 VMA131Marine Dec 2024 #8
On paper. If he liquidated everything, we'd get very little. Silent Type Dec 2024 #9
It is amazing. At some point, it becomes almost like Mike 03 Dec 2024 #11
And it's never enough for someone like Musk. His DOGE department has one thing and one thing only in mind: Vinca Dec 2024 #12
Try $1000. nt eppur_se_muova Dec 2024 #13
Sorry, but this post raises concerns whether math is still being taught in school. PeaceWave Dec 2024 #14
apparently some think a billion... is a million million. WarGamer Dec 2024 #17
hahahaha... WarGamer Dec 2024 #15
He won't 😹😹😹 Meowmee Dec 2024 #16
Oops! ProfessorGAC Dec 2024 #18
It's not Greg_In_SF Dec 2024 #20

sarisataka

(22,355 posts)
6. The US population is about 333 million
Mon Dec 9, 2024, 04:34 PM
Dec 2024

333,000,000*1,000,000= $3.33x10^14

That is $333 quadrillion dollars or over 4000 times the estimated amount of money in the world.

EX500rider

(12,253 posts)
7. Math not your strong suit?
Mon Dec 9, 2024, 04:35 PM
Dec 2024

He could give every person in the US $1,000....assuming he was 100% liquid which is not, he would tank his stocks if he tried to sell them all

VMA131Marine

(5,198 posts)
8. US GDP per capita is about $81,000
Mon Dec 9, 2024, 04:42 PM
Dec 2024

And total GDP is about $30 trillion, which is itself about 85 times more than Musk’s net worth. That is absolutely crazy if you think about it that one person of a country of 350 million owns more than 1% of our annual economic output.

I’m fully in favour of confiscatory tax policies when it comes to the Über wealthy … see what I did there.

Mike 03

(18,690 posts)
11. It is amazing. At some point, it becomes almost like
Mon Dec 9, 2024, 04:51 PM
Dec 2024

play money. And I suspect for most people a few million is enough because at that point you are comfortable for the rest of your life--then what to do with all this money? Philanthropy is the highest thing a person can do, but if you only spend it on yourself It's almost impossible to spend all that money unless you are just buying things to an obnoxious level--almost a level of pointlessness. How many airplanes does a person need? How many homes? Maybe it even becomes depressing, because there are too many choices and not all that much time.

He is buying influence. But for what? At his level, do you really need a tax cut? Or maybe he is trying to fill the hole left inside him from his childhood, or his horrible family dynamics, his alienation from his daughter, etc... Money can't fill those holes.

Vinca

(53,546 posts)
12. And it's never enough for someone like Musk. His DOGE department has one thing and one thing only in mind:
Mon Dec 9, 2024, 04:52 PM
Dec 2024

make the peons pay for billionaire tax cuts.

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