PersonalFudge9059

PersonalFudge9059 t1_izw7tjd wrote

Light flurries you say? I’m a delivery driver, so I drove through all of the snow we got tonight, saw many accidents, lots of first responders rushing around and both my Corolla and my sisters RAV4 had issues on the road due to a really odd slippery condition. Hell, I saw 5-6klbs AWD SUV’s with winter tires getting fucked by the roads, which made me feel better lol.

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PersonalFudge9059 t1_ixrdih0 wrote

Elon Musk had to get backing from multiple lenders, because he cannot, or ever will have 44B available to him. But donating 1.25M to any valuable charity is worth giving some amount of praise and thanks, because that is more than likely from his own pocket. Also, getting loans against your shares still lands you in the same hot seat as it would if you sold shares, why do you think Tesla shareholders were furious with Elon for that purchase? Because those shares will have to be sold at some point to pay the loan….

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PersonalFudge9059 t1_ixpka67 wrote

I don’t think most people who speak on billionaires know what they’re talking about. People like Bezos, Zuckerberg, Gates, Musk, they are worth “$xxx.xxx.xxx.xxx”, but that doesn’t mean they have all of that in the bank. About 95%-99% of their wealth is literally tied to their companies wealth in stocks/shares. They cannot sell any amount of shares without notifying other shareholders as he has to act in the best interest of them; Selling shares can effect the value of the shares held by shareholders, which they can sue him for. So, no, he doesn’t have, say, $80B at his disposal, or ever will. He’s much more likely to have tens to close to hundreds of millions of dollars at his disposal, but not billions. I don’t understand why no one can just accept good gestures when they’re given. Do any of you have $1.25M to hand out on a whim? Or even a fraction of that? No? That’s what I thought. Also, net worth is tied to other assets as well, such as property, jewelry, cars, other investments under his name, not necessarily cash locked in a vault somewhere.

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