Expressing contempt for Elon Musk was recognized by all right-thinking people as a clear indication of intellect even before he purchased Twitter and began harassing AOC. It was simple to demonstrate that his father had not founded Tesla and had instead owned an emerald mine. The richest guy on the earth? It was doable by anybody.
Musk undoubtedly stands apart from past “World’s Richest Man” winners. When I was young, the Sultan of Brunei was the world’s wealthiest person because to his vast oil reserves despite being a quite dull little man. Later, the first wealthy computer geek was Bill Gates.
Then came Carlos Slim, a man about whom little was known. In the end, the title was won by Jeff Bezos, a ruthless businessman who is in charge of one-third of the global cloud computing infrastructure. Bezos is weirder than he looks; for the next 10,000 years, a huge clock will be erected within a mountain and will chime once a year.
But if anybody disapproves of him, it’s not because of his watch; rather, they worry that he is too successful and in charge of too much.
In actuality, most millionaires are not eccentric. Controlling a resource or piece of infrastructure that is plainly vital is often the path to getting very wealthy.
Billionaires are conformists who seek prestige in foreseeable ways, such as founding philanthropic foundations or giving money to elite institutions in return for a building bearing their name. They may even purchase once-prestigious publications to capitalize on their reputations. so on.
Musk, however, is unique. Other tech rebels, like Oracle’s Larry Ellison, who supports Donald Trump, and John McAfee, a proponent of drugs, weapons, and yoga, are also very wealthy.
Ellison, though, made his money via databases and information infrastructure, while McAfee was the maker of the annoying antivirus program you always uninstall when setting up a new PC.
Similar to other evident beginnings, Musk started in the payment processing industry before moving on to futuristic wagers on satellites, high-end electric autos, and space rockets. He recently debuted a robotic person.
His fortune, which is primarily dependent on Tesla’s trillion-dollar appraisal, is exceptionally unstable.
That is too high, in Musk’s opinion. After all, why should a manufacturer of high-end electric vehicles be so valuable? Henry Ford, the previous wealthiest man in the world whose fortune was founded on automobiles, adopted the opposite tack by producing mass-market, unsightly automobiles at inexpensive prices.
While it seems appropriate that someone should become the wealthiest man in the world by selling the hope for the future at this time of uncertainty and doubt, of leaders who are so blatantly lost, and when one age is passing away but the next has not yet been born.
In the end, Musk’s bets are also our bets. Although “net zero” is a stated objective and 30 nations have committed to eliminating gasoline and diesel vehicles by 2040, the world may see lithium shortages as early as 2025 due to the fact that most of the supply chain is centered in China and hydrocarbons still account for 84% of the world’s energy.
Therefore, we should take advantage of this Weimar Cabaret while we still have the chance since whoever succeeds Musk as the wealthiest person in the world will undoubtedly be much less entertaining while the rest of us will be far poorer. He will be missed when he is gone.