The world’s richest person, Elon Musk, earns $142,690 or Rs 1.18 crore every minute. This was claimed in a report. It was said in the report that Elon Musk’s earning per hour is more than $8,560,800 or Rs 71 crore.
Now Elon Musk has named this report a silly matrix. He refuted the report by saying that instead of earning, he has to suffer huge losses. Musk said that whenever Tesla shares fall, more money has to be lost.
What Did Elon Musk Say On The Report
Responding to users, X owner Musk said that such reports cannot be believed. Its matrix is wrong. Musk said that this is not a big part of cash. In fact, this amount is in the form of stocks of companies and has played a big role in creating these companies.
Assets Increased By $2,378 Per Second.
Elon Musk said that technically, he loses more every time than a random drop in Tesla’s stock. However, the report claims that Elon Musk’s net worth has increased by an average of about $2,378 per Second during three years.
Such a silly metric. It’s not a giant pile of cash. I really just own stock in the companies that I was instrumental in creating.
Technically, I “lose” way more than that every time Tesla stock randomly drops.
— Elon Musk (@elonmusk) October 1, 2023
So Much Earning In One Night
The report claims that Elon Musk earns $142,680 every minute or $8,560,800 per hour, but when he sleeps for eight hours at night and wakes up in the morning, his earnings increase by $68,486,400 the next morning.
Record Increase In Wealth This Year
It is noteworthy that the total wealth of the CEOs of Tesla and SpaceX has increased by $96.6 billion from January to June. Currently, Elon Musk is the richest man in the world, with a net worth of $248.7 billion. Elon Musk currently has a 23 per cent stake in Tesla. A significant portion of his wealth, approximately two-thirds, is tied to the success of Tesla. Musk bought Twitter for $44 billion in October 2022.
