What can you buy with Elon Musk’s fortune?

The billionaire claims to be interested in buying the musical group BTS and Twitter.

Photo: EFE – BRITTA PEDERSEN / POOL

With an estimated fortune of US$236 billion, Elon Musk remains on the Forbes list as the richest man in the world. This sum is comparable to the Gross Domestic Product generated by Colombia in the year 2021, estimated at US$314.5 million by the Ministry of Commerce.

To get an idea of ​​​​Elon Musk’s wealth, the fortune of the late Queen Elizabeth II had been estimated at about 370 million pounds, that is, US $ 462 million, by the newspaper Sunday Times. Musk would exceed said fortune by almost 500 times. In fact, in 2019 the real estate comparison agency, Compare the Market, He put an estimated value of $1.8 billion on Buckingham Palace, home of the late Queen Elizabeth II and the official residence of the British Royal Family in London. If it were for sale, Musk could buy the Royal Family’s home about 131 times (in 2019 prices).

According to the specialized site Transfermarkt, Lionel Messi is worth 50 million euros. Elon Musk could buy Lionel Messi’s token approximately 4,700 times.

Colombia’s external debt between January and March 2022, estimated at US$175,106 million by the Banco de la República, could be paid with just over half of Musk’s money. On the Forbes list, Donald Trump appears with a fortune of $US 3.2 billion. That is, Elon Musk would have approximately 82 times the money of the former president of the United States. The richest man in Colombia, Luis Carlos Sarmiento Angulo, has a fortune of US$6.9 billion. That is, Elon Musk would have 38 times the wealth of the wealthiest man in the country.

Another example would be that of the mansion of music stars Beyoncé and Jay-Z, with an estimated price of almost 90 million dollars, which could be bought by Musk more than 2,000 times. It should be noted that much of Musk’s wealth is in the form of shares, for the majority of his fortune is in the form of funds that are not as accessible and cannot be easily spent.

Elon Musk’s fortune

According to Forbes, Elon Musk has co-founded six companies, including his famous company Tesla, of which he owns 25% of the shares. SpaceX, his aerospace manufacturing company and which Musk says was built to reduce the costs of space travel, is worth $127 billion and has quadrupled in value within three years. His company The Boring Company, a tunneling and infrastructure services firm, raised $675 million in April 2022 at a $5.7 billion valuation.

Elon Musk has been the protagonist of several media scandals. In November 2021, the director of the United Nations World Food Program claimed that 2% of Elon Musk’s fortune could go a long way toward ending world hunger, saving nearly 42 million people from spending hunger. Elon Musk responded by challenging the UN, stating that if they could prove it, he would sell Tesla shares immediately.

Another scandal arose with the initiative that he showed at the beginning of the year to buy Twitter. In recent statements, the millionaire would have stated that he would be interested in resuming his purchase of the social network, after having declined his proposal months ago because, according to Musk, the company would be invaded by spam, which would reduce its price in the market. . However, according to media such as The New York Times and Bloomberg, the businessman would be thinking of buying the company again.

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What can you buy with Elon Musk’s fortune?