I was curious, so I made some comparisons. The median global net worth is just $8654. The median net worth in the U.S. is much higher at about $124,000. Comparing that Elon Musk’s estimated net worth of $1 trillion yields a graph where his wealth is so high that the graph has difficulty showing the medians of global and U.S. net worth. Comparing Elon’s net worth to the global mean shows that he has 115,553,501 times the wealth of the global median. Is his work worth that of 115.5 million other people? We know it’s not. His two big companies do not even show a profit and are obviously overvalued. Perhaps we should be relieved that his net worth is only 8,064,516 times that of the median U.S. net worth. Incidentally, the median U.S. net worth is 14 times the global median net worth. Just to highlight the absurdity of it all, the second graph below shows one-tenth of Elon’s net worth compared to the other medians, which makes the U.S. median net worth first show up on the graph. Buddy, can you spare a dime? I mean, you are worth 10 trillion dimes, many more than exist in the world.
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