"When you have such extreme or maldistributions of wealth ... you start to get quite bad social problems."
31 minutes ago
Elon Musk is now worth US$1.11 trillion
Elon Musk is now worth only marginally less than all New Zealand households combined.
According to Stats NZ, New Zealand households have net worth - assets minus debts - of $2.5 trillion. That is roughly US$1.45 trillion.
Musk is now worth US$1.11 trillion (NZ$1.9 trillion). One trillion is one thousand billion.
Elon Musk's net worth has surged to approximately $1.1 trillion, driven by SpaceX's valuation reaching $2.2 trillion and…
Elon Musk is worth an estimated $822.3 billion, making him the richest person on the planet. If SpaceX lists at the valuations…
There's eight more than on last year's list, and tech has a big part to play.
He could lose almost $1 trillion and still be the richest person in the world.
The newly minted trillionaires net worth rose by $164.8 billion in a single day. For most people, that single-day gain isnt even…
Elon Musk’s net worth is 5 million times as large as that of the typical family and dwarfs even that of the “everyday wealthy”,…
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