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It's more that he came from such wealth that his family could acquire a nontrivial share in an emerald mine on what amounted to a whim. > Standing with the cas
by monocasa 4y ago
It's more that he came from such wealth that his family could acquire a nontrivial share in an emerald mine on what amounted to a whim.
> Standing with the cash in his hand, Errol was made another offer he couldn't refuse: Would he like to buy half an emerald mine for half of his new riches?
> "I said, 'Oh, all right'. So I became a half owner of the mine, and we got emeralds for the next six years."
https://www.news24.com/news24/bi-archive/how-elon-musks-family-came-to-own-an-emerald-mine-2018-2 https://www.news24.com/news24/bi-archive/how-elon-musks-fami...
- bryanlarsen 4y agoAnybody who considers 80,000 pounds to be riches is not very wealthy.
- monocasa 4y agoIt's 80,000 pounds dropped on a whim, not that they simply had 80k total. That is wealthy.
- bryanlarsen 4y agoIt's not on a whim, it's how Errol lived his entire life. Chasing "Get Rich Quick" schemes is not typically a sign of wealth.
- monocasa 4y agoThe ability to move non trivial amounts of capital on a whim is the very definition of wealth. > Chasing "Get Rich Quick" schemes is not typically a sign of wealth. I've found it to be pretty common. The amount of dumb money seeking 'easy' ways to multiply flowing around silicon valley kind of defines the place.