this post was submitted on 01 Jul 2023
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You don't become a billionaire by being honest and spending your money.
This is not a thoughtful reply. Hopefully Lemmy can do better. I dislike Elon more than most people, but just reading uninformed ragebait like this is exhausting. Yes his parents managed an emerald mine, no they weren’t that wealthy, and no it didn’t make a substantial impact on the source of his wealth.
Edit: most of his wealth originated from PayPal. Yes the money from the emerald mine helped him get to the US, and get an education. And it may have even helped him in his earlier career a bit. But it wasn’t like hundreds of millions of dollars that were just given to him like “here, go be rich!”.
So he basically had as much monetary benefit as an upper-middle-class kid in America. Not the same as the commenter I’m replying to who implied that Elon is only wealthy because of his parents wealth, which is just obviously wrong.
Just to be clear again, I think he’s a scumbag. BUT I don’t think we should blindly agree with something just because it fits our narrative… we should have intellectual curiosity for the truth. If anyone has any evidence that Elon received a substantial portion of his wealth from his parents’ emerald mine, please show that because I couldn’t find it.
Sources:
https://www.snopes.com/news/2022/11/17/elon-musk-emerald-mine/
https://people.com/human-interest/who-is-errol-musk-elon-musk-father/
his parents OWNED the mine lol
? What’s your source that he received his billions of dollars from an emerald mine?
I don’t trust Elon as a source at all!
The parent comment literally said that he was a billionaire from inheriting an emerald mine. That’s patently untrue, and I’m curious why you disagree? Or what information you have that I’ve missed, looking at the sources I cited (which discuss the mine). I’m not doubting that the mine existed, or that it helped him get started at life.
Tesla is worth almost a trillion dollars. And Elon owns 23% of Tesla shares. So that’s ~200B right there alone. Then add in his shares of SpaceX. It’s clear that his wealth is directly tied to the shares he owns of Tesla skyrocketing, not from an emerald mine.
Yeah, I marked it with edit to give more information, but the point was the same, I’m so confused. Just genuinely trying to act in good faith here