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Not only that, but Depp is notoriously irresponsible with his wealth. Before he had to liquidate some properties because of the trial, he had an excess of house

by wyclif 4y ago

Not only that, but Depp is notoriously irresponsible with his wealth. Before he had to liquidate some properties because of the trial, he had an excess of houses, condos, boats, cars, and all kinds of expensive to maintain personal holdings. I don't know for sure, but from what I've seen of Elon Musk, he is a lot more conservative with his wealth—even considering the Twitter deal.

not2b 4y ago
$44 billion for Twitter is not being conservative with wealth.
pclmulqdq 4y ago
Elon Musk is conservative with his wealth because it's mostly on paper - he would need to sell shares to get access to it. Johnny Depp's wealth was mostly in cash. I wouldn't be surprised if Elon Musk only had about $1 billion liquid (aside from whatever goes towards paying known obligations, like the Twitter deal and tax bills), making him only 2x richer in cash terms than Johnny Depp at his peak.
- wyclif 4y ago
  I don't really know or care about the fine details of Musk (or Depp's) wealth. All I'm pointing out is that Musk seems to have a more moderate lifestyle. He doesn't live like the archetype of a rockstar or billionaire.
  - pclmulqdq 4y ago
    You must not know a lot about Musk's lifestyle either, then.
    - lazide 4y ago
      And that’s without even bringing up the coterie of concubines (defacto, not de jure). I wonder what THAT child support paperwork looks like.
      - KerrAvon 4y ago
        Horses are expensive.
        Maursault 4y ago
        Byproduct PMU foals cost less than a purebred kitten or puppy sold by a breeder, sometimes as low as $125. With two acres for grazing, annual cost of feeding can be as low as $100-$300 a year for an adult horse. But, I believe, you are largely correct. I don't think rich people rescue PMU horses.
- HWR_14 4y ago
  Musk cashed out $9 billion of TSLA stock earlier this year. Now, it might all get sunk into TWTR, but who knows. He seems to have plenty of cash
  - pclmulqdq 4y ago
    My understanding was that there were two big bills coming due for most of Musk's recent sales: a tax bill and the Twitter purchase.

by wyclif 4y ago

not2b 4y ago

$44 billion for Twitter is not being conservative with wealth.

pclmulqdq 4y ago

Elon Musk is conservative with his wealth because it's mostly on paper - he would need to sell shares to get access to it. Johnny Depp's wealth was mostly in cash. I wouldn't be surprised if Elon Musk only had about $1 billion liquid (aside from whatever goes towards paying known obligations, like the Twitter deal and tax bills), making him only 2x richer in cash terms than Johnny Depp at his peak.

wyclif 4y ago
I don't really know or care about the fine details of Musk (or Depp's) wealth. All I'm pointing out is that Musk seems to have a more moderate lifestyle. He doesn't live like the archetype of a rockstar or billionaire.
- pclmulqdq 4y ago
  You must not know a lot about Musk's lifestyle either, then.
  - lazide 4y ago
    And that’s without even bringing up the coterie of concubines (defacto, not de jure). I wonder what THAT child support paperwork looks like.
    - KerrAvon 4y ago
      Horses are expensive.
      - Maursault 4y ago
        Byproduct PMU foals cost less than a purebred kitten or puppy sold by a breeder, sometimes as low as $125. With two acres for grazing, annual cost of feeding can be as low as $100-$300 a year for an adult horse. But, I believe, you are largely correct. I don't think rich people rescue PMU horses.
HWR_14 4y ago
Musk cashed out $9 billion of TSLA stock earlier this year. Now, it might all get sunk into TWTR, but who knows. He seems to have plenty of cash
- pclmulqdq 4y ago
  My understanding was that there were two big bills coming due for most of Musk's recent sales: a tax bill and the Twitter purchase.