Elon Musk, CEO of SpaceX and Tesla, reportedly surpassed the net worth of Amazon founder Jeff Bezos, making him the world’s richest person, as his net worth crossed $185bn (£136bn),” on Thursday 7th January 2021.
The tech mogul and futuristic businessman gained this mind-blowing wealth last year. At the beginning of 2020, Musk net worth was $27 billion only. In fact, he was barely in the top 50 richest people in the world. But within few months, more than $150 billion was added to his net worth.” How come?
Musk must have secretly invested heavily in crypto currency. Although he claimed to own 0.25 Bitcoin only. That’s not true. You don’t expect him to tell how many bitcoins he owns anyway.
In 2020 he twitted,
“Bitcoin is almost as bs as fiat money”.
He seems to be against bitcoin here, but why keeping 0.25 of it?
What Is Fiat Money?
A Fiat Money is a government-issued currency that isn’t backed by a commodity such as gold. Fiat money gives central banks greater control over the economy because they can control how much money is printed. Most modern paper currencies, such as the U.S. dollar, Nigeria Naira, are fiat currencies.
What Is Bitcoin?
Bitcoin, often described as a cryptocurrency, a virtual currency or a digital currency. It is a type of money that is completely virtual. It’s like an online version of cash. It appreciate and depreciate. One can send Bitcoins to your digital wallet, and you can send Bitcoins to others as well.
See let me tell you. 99% of rich people will never disclose their income source to you. Even if they do, not all.
You may agree or disagree, Elon musk is big time secret Bitcoin investor. No doubt, his networth is being calculated based on SpaceX & Tesla.
Crypto Currency (Bitcoin) Made Elon Musk The Richest Man On Earth, Not Just SpaceX & Tesla -DO YOU AGREE?
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