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His net worth of $22 billion is in the shares of SpaceX and Tesla he owns, not cash lying around that he can invest. He actually takes loans against his shares
by sqrut 8y ago
His net worth of $22 billion is in the shares of SpaceX and Tesla he owns, not cash lying around that he can invest. He actually takes loans against his shares to pay for his living expenses.
- macspoofing 8y ago>He actually takes loans against his shares to pay for his living expenses. That's how you want to do it, and that's how everyone with the level of net worth of Musk does it. You don't think, for example, Zuckerberg, sells his FB shares everytime he buys a house in Hawaii.