this post was submitted on 06 Jun 2025
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[–] Subverb@lemmy.world 3 points 6 hours ago (1 children)

While you're absolutely correct, even if Musk lost 99.7% percent of his wealth he would still be a billionaire (depending on whose net worth number you choose to use). I wouldn't hold out seeing him in a bread line or starting a gofundme.

[–] howrar@lemmy.ca 2 points 2 hours ago (1 children)

The real question is whether the collapse of his house of cards will lead to a 99.7% loss of wealth or >100% loss. He won't be a billionaire anymore if it's the latter.

[–] Subverb@lemmy.world 2 points 2 hours ago

Yeah, he probably will. I know I'd be surprised if he didn't have money squirreled away somewhere.