Mask wealth image: 3.6 million an hour, 11 million years for ordinary people

ORIGINAL TITLE: "IF YOU VISUALIZE MASK'S WEALTH: 3.6 MILLION PER HOUR, 125 COUNTRIES, 11 MILLION YEARS OF GDP, ORDINARY PEOPLE WORKING."
Original by Jo Wing, seen on Wall Street

MASK NET ASSETS HAVE REACHED $970 BILLION, JUST ONE STEP FROM THE WORLD ' S FIRST TRILLIONAIRE. ITS WEALTH IS CONVERTED INTO $992 PER SECOND, EXCEEDING 125 COUNTRIES' ANNUAL GDP, TWICE AS MUCH AS ROCKEFELLER'S WEALTH. AND ORDINARY AMERICAN FAMILIES NEED MORE THAN 11 MILLION YEARS OF UNINTERRUPTED WORK TO MATCH THEM。

Mask is standing at the threshold of becoming the world's first trillionaire, and his wealth is already so large that it is hard for ordinary people to understand。

According to Wall Street Journal,2 Mask currently has net assets of approximately $970 billion, the vast majority of which are held in equity. Once you land, this number will probably go through a trillion dollars。In exchange for his 31-year career as an entrepreneur, this means that on average he accumulates wealth of $992 per second, accounting for $3.6 million per hour。

THIS WEALTH HAS SURPASSED THE ANNUAL GDP OF MORE THAN 125 COUNTRIES WORLDWIDE, INCLUDING NORWAY, THAILAND, ARGENTINA AND SOUTH AFRICA, WHICH IS THE BIRTHPLACE OF MASK, WITH ANNUAL GDP OF ABOUT $480 BILLION. AS A PROPORTION OF US GDP, MASK'S WEALTH IS EQUIVALENT TO ABOUT 3% OF US GDP, EASILY SURPASSING JOHN D. ROCKEFELLER, THE RICHEST FIGURE IN US HISTORY。

Wealth composition: 90% locked in equity

According to the Wall Street Journal analysis, of the $970 billion in wealth of Mask, the largest single item comes from SpaceX's pre-IPO equity, valued at approximately $5380 billion; Tesla's shareholding is about $167.0 billion; and two companies' stock options totalling approximately $150 billion are readily viable。

In addition, the Boring Company and Neuralink, each of the unmanned tunnel companies, valued about $5 billion each, and properties, aircraft and other investment assets about $104 billion, estimated by the Financial Intelligence Agency Altrata。

This means that most of Mask wealth exists as paper assets and is not readily available in cash。

He could borrow with SpaceX and Tesla shares, but his liquidity remained limited. In 2020, Mask himself publicly stated that he "does not own any property" and sold a number of California properties, but then built in Texas。

Time dimension: 11 million years for normal American households

To make this figure more concrete, the wealth of Mask is linked to the time dimension: in the 31 years since 1995 when the first American technology company was co-founded, he has accumulated an average of about $595 million a minute, about $85.7 million a day, and about $31.3 billion a year。

At $83730 in median United States household income in 2024, an average American household needs more than 11 million years to work in order to accumulate comparable wealth to Mask。

Ingrid Robeyns, a philosopher and economist, has written that the wealth of the world's richest people is growing at a rate far beyond what ordinary people know。

She estimated that if Mask worked 70 hours a week without taking leave until the age of 75, his career would be paid approximately $4.2 million per hour. After the acquisition of Twitter, known for its intense work, Mask said that the length of his work week had jumped from about 80 hours to over 120 hours。

PURCHASING POWER IMAGINATION: FROM 2.4 MILLION HOUSING UNITS TO ALL NFL TEAMS

In a series of visualizations, the purchasing power of $970 billion is presented:

This money can buy approximately 2.4 million United States common homes; or buy all 32 NFL teams and all NBA teams, leaving more than $500 billion; or form a fleet of more than 10,000 Gulfstream G7000 private aircraft and pay five-year operating costs (including fuel); or buy Accenture, FedEx, Mapo, UPS, Target, Kroger, Starbucks, CVS Health, Albertsons, Cracker Barrel and Campbell's, with more than 4 million employees。

Historic coordinates: beyond Rockefeller, greater than the time of the shoulder industry

IN TERMS OF WEALTH AS A PROPORTION OF GDP, MASK HAS SURPASSED ROCKEFELLER, THE RICHEST MAN IN AMERICAN HISTORY. ROCKEFELLER ACCUMULATED ABOUT $1.4 BILLION IN WEALTH IN 1937, ABOUT 1.5 PER CENT OF THEN US GDPMASK'S WEALTH IS ABOUT 3% OF THE CURRENT US GDP, TWICE THAT。

Rockefeller ' s industrialization wave, which created a monopoly on standard oil, was finally forced by the Federal Government to divide it. Mask's wealth is based on three tracks: electric cars, commercial space and artificial intelligence. Moreover, the success of Tesla and SpaceX has also generated billions of dollars in returns for investors who are betting on Mask and have created large numbers of employees, millionaires。

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