1286
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 21 Oct 2025
1286 points (100.0% liked)
Comic Strips
19813 readers
2743 users here now
Comic Strips is a community for those who love comic stories.
The rules are simple:
- The post can be a single image, an image gallery, or a link to a specific comic hosted on another site (the author's website, for instance).
- The comic must be a complete story.
- If it is an external link, it must be to a specific story, not to the root of the site.
- You may post comics from others or your own.
- If you are posting a comic of your own, a maximum of one per week is allowed (I know, your comics are great, but this rule helps avoid spam).
- The comic can be in any language, but if it's not in English, OP must include an English translation in the post's 'body' field (note: you don't need to select a specific language when posting a comic).
- Politeness.
- AI-generated comics aren't allowed.
- Adult content is not allowed. This community aims to be fun for people of all ages.
Web of links
- !linuxmemes@lemmy.world: "I use Arch btw"
- !memes@lemmy.world: memes (you don't say!)
founded 2 years ago
MODERATORS
Elon musk has between $470B-$500B to his name, according to bloomberg and forbes. That would make him richer than the world's wealthiest 8 men in 2017.
https://en.wikipedia.org/wiki/Wealth_of_Elon_Musk
I am totally on board this is my pre face.
That is not cash though. That is accumulated paper assets. I know people with million dollar net worths on paper that are broke in reality. As in unable to pay their bills. Assets and liquidity are separate things.
While I understand the point of rampant enshittification and capitalism, I thought that needs some clarity.
Can't those assets be sold for theoretically the amount of money they're worth?
Not necessarily. I mean sort of. Yeah. However there arent always buyers, especially who will pay total asking price and or close to it. Some situation call for much lower pricing. It's all about what the asset is and timing. It's more of a theoretical value more so than anything. He could leverage credit against the asset amount but it's dependent on a lot of factors.