He paid 44 billion for twitter, that’s pretty big chunk of his wealth. And most of his wealth is tied to his shares in Tesla/SpaceX and he can’t liquidate them without massive negative impacts on their value.
A lot of billionaires are rich on paper. $44 billion of liquid assets is much more than it would appear.
He paid 44 billion for twitter, that’s pretty big chunk of his wealth. And most of his wealth is tied to his shares in Tesla/SpaceX and he can’t liquidate them without massive negative impacts on their value.
A lot of billionaires are rich on paper. $44 billion of liquid assets is much more than it would appear.