When you think of the wealthiest people in the world today, names like Elon Musk, Jeff Bezos, and Bill Gates come to mind.
Musk, in particular, stands out due to his involvement in multiple billion-dollar ventures. His electric vehicle company, Tesla, is valued at approximately $798.66 billion, and his aerospace company, SpaceX, is reportedly collaborating with NASA for future projects, including the disposal of the International Space Station. A large portion of Musk’s wealth also comes from his investments in the stock market.
But if Musk decided to spend $1 million every single day, how long would it take for him to go broke?
As of Forbes’ real-time billionaire list, Musk’s net worth is estimated at $263.9 billion, and he’s projected to become the world’s first trillionaire by 2027. With this immense wealth, it would take an astounding 610 years for Musk to deplete his fortune, spending a million every day without pause.
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In comparison, Jeff Bezos, with a net worth of $177 billion, would take 484.9 years to go broke at the same spending rate.
It’s worth noting that Musk’s wealth is primarily tied up in investments. As a result, even if he spent $1 million daily, his assets would likely continue earning him money, extending his ability to spend even further.
Instagram users reacted to this fascinating statistic with awe and humor. One wrote, “This guy is loaded… holy,” while another joked, “He’s spending a lot more than that on a daily basis.” Some users even joked, “Elon, can you please spot me a few?” or “Can I have some of that, sir?”
Musk’s wealth, and his ability to spend at this mind-boggling rate, has certainly captured the imagination of many.
