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Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World - Business (5) - Nairaland

Nairaland Forum / Nairaland / General / Business / Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World (39167 Views)

Elon Musk Is Now The Richest Person In The World / Bernard Arnault Replaces Bill Gates As World’s Second Richest Man / Who Was The Richest Man In Nigeria Before Dangote? (2) (3) (4)

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Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by BabaOwen(m): 9:09pm On Nov 24, 2020
wman:

Starlink- Low-cost internet for Africa, developing countries and rural communities.



Can you tell me more about this?
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by tunapawizzy: 9:10pm On Nov 24, 2020
wman:
Tesla shares have been soaring like crazy.
Tesla- Electric Vehicles
SpaceX- Space Travel
The Boring Company Hyperloop- Underground tunnel loop travel. (Over 1000km/hr)
Starlink- Low-cost internet for Africa, developing countries and rural communities.

Ex founder of PayPal.

Elon Musk. A genius solving real-life problems and getting rewarded for it.

Ex founder? the founder dun change? abi na ex CEO u wan talk...quite impressive innovations he has championed over the years

2 Likes

Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by SIRTee15: 9:13pm On Nov 24, 2020
Gerrard59:
When one reads the kind of innovative capitalist ventures - biotechnology, software engineering, medicine engineering etc., - that come out of the US, I still doubt whether China can overtake her.

To be fair, China is trying but they lack the innovative culture seen in other advanced nations. They also have trust ussues and they lack they soft power that can propel the Chinese culture and lifestyle into hearts of many.
Look at how western nations messed up 5G just because it's from China. Though, I also fail to see the usefulness of 5G.

1 Like

Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by SavageBoy: 9:14pm On Nov 24, 2020
bamvik:
Lord just make me the 1000th richest man in the world, am okay

The lord isn't stopping you before naundecided

It's all in your hands

1 Like

Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by JustforMen: 9:18pm On Nov 24, 2020
Martinez39s:
Stop creating unnecessary confusion. God doesn't exist and success in life is, and will always be, an utter human effort with no gods in the mix. The bible said God gives the power to make wealth, did it say how? Of course God is nonexistent, stop confusing people. Bible expert.

SaveMeLord
Oga, you are conflating two different issues in order to push your argument through.
I clearly stated that wealth is acquired by employing the mental faculties in thought that identifies a multi-user problem and then finding a solution that people are willing to pay for. And I think we both agree on that point.
if the question becomes who gave the brain, then we can argue about the existence or non-existence of God.
Now to the point of if God exists or not, the jury is out on the matter.
I am religious and I believe in God. You obviously don't believe in God and that is your prerogative but somehow we both agree that wealth is a function of problem solving and not exclusively a metaphysical outcome.
so if someone is deliberately creating needless confusion then it is certainly not me.

By the way, I can declare here that both belief or disbelief in God requires faith and I can engage on the subject but its usually a mute point as both sides end up holding stronger to their initial positions.
I don't engage in that debate unless I have ample time on my hands to while away but I can oblige you... even though it is a futile exercise!!!!
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by capitalzero: 9:21pm On Nov 24, 2020
BarrElChapo:
Elon Musk surpasses Bill Gates to become the world’s second-richest person as Tesla’s market cap inches closer to $500 billion

This is the second time in the history of the Bloomberg Billionaire Index that BillGates has ranked lower than number two.

Gates has held the top position in the billionaire index before being leapfrogged by Amazon’s founder JeffBezos in 2017.

https://twitter.com/BiIndia/status/1331106209689001985?s=19



https://www.businessinsider.in/thelife/personalities/news/elon-musk-surpasses-bill-gates-to-become-the-worlds-second-richest-person-as-teslas-market-cap-inches-closer-to-500-billion/amp_articleshow/79382348.cms?__twitter_impression=true

Money ritual is scam. No ritualist is among richest men in the world.

1 Like

Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by nenyewrites: 9:25pm On Nov 24, 2020
Legalcriminal:


Be greatful niqqa some people are praying to be the one in your current life.

Keep consoling yourself until you start begging for alms
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by Amelia5: 9:27pm On Nov 24, 2020
Damn nigga
Issoright
We're also getting to that level
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by lkillbrokehoes: 9:32pm On Nov 24, 2020
wman:
Tesla shares have been soaring like crazy.

Tesla- Electric Vehicles
SpaceX- Space Travel
The Boring Company Hyperloop- Underground tunnel loop travel. (Over 1000km/hr)
Starlink- Low-cost internet for Africa, developing countries and rural communities.

Ex founder of PayPal.

Elon Musk. A genius solving real-life problems and getting rewarded for it.


Dude is the future

1 Like

Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by ab2care: 9:40pm On Nov 24, 2020
wman:
Tesla shares have been soaring like crazy.

Tesla- Electric Vehicles
SpaceX- Space Travel
The Boring Company Hyperloop- Underground tunnel loop travel. (Over 1000km/hr)
Starlink- Low-cost internet for Africa, developing countries and rural communities.

Ex founder of PayPal.

Elon Musk. A genius solving real-life problems and getting rewarded for it.


Neuralink
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by oocyte: 9:47pm On Nov 24, 2020
These are real billionaires that built their wealth using their intellect not these fake billionaires we have in this country that use our natural resources to enrich themselves.
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by demmymoney(m): 9:49pm On Nov 24, 2020
bayelsaowei:
grin....tech is taking over...put dangote in the competitive American environment and watch him nose dive...


RUBBISH TECH WEALTH THAT CANNOT LAST A GENERATION, TRADITIONAL BUSINESS MODEL ANYTIME ANYDAY OVER STUPID TECH

HOW MANY WEALTHY GENERATIONAL FAMILY HAS TECHNOLOGY CREATED
CAN IT BE COMPARED TO THE WEALTHY GENERATIONAL FAMILIES TRADITIONAL BUSINESS HAS CREATED

DANGOTE WEALTH IS MORE GENERATIONAL THAN TECHNOLOGY WEALTH

PERIODT!!!!!
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by demmymoney(m): 9:51pm On Nov 24, 2020
oocyte:
These are real billionaires that built their wealth using their intellect not these fake billionaires we have in this country that use our natural resources to enrich themselves.


Bros don't also forget that they use credit system and their stock values are always inflated

The real wealth is in the financial institutions

Own a bank and u own the world

It's just sad that Nigeria has not opened up for credit system on a massive scale just like in the US and European countries etc
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by XANDERO85: 9:52pm On Nov 24, 2020
Bill is the authentic and long-lasting billionaire! He’s been there for decades, while others come and go!
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by Richykaycee(m): 9:53pm On Nov 24, 2020
This is not miracle for those shouting God do miracles so i be like Elon, wake up and work hard,he worked for it and God blessed his hand.He used is talent well
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by Mastakija(m): 9:58pm On Nov 24, 2020
Bill Gates and mike adenuga no do well dis term
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by Gerrard59(m): 10:03pm On Nov 24, 2020
Raalsalghul:


Could it be that the research from U.S has more marketing compared to China?

Nah. Largely because America attracts people from all over the world compared to say China, Germany, Japan or South Korea. Also, America is best at the commercialisation of research outputs compared to those countries. It's the mixture of capitalism and innovation that powers America's progress. Which is why in a field like biotechnology and associated industries, she has more companies doing amazing projects/works churning out highly valued products and services than China, UK, Germany, Japan and South Korea combined. There are some companies utilising certain technologies that aren't found in South Korea or Japan but are available in the US. Hilariously, one will read scientific papers from South Korea and Japan on the same technology but companies commercialising them aren't there.

An example is gene editing. https://www.sciencemag.org/news/2019/08/its-crispr-revolution-china-becomes-world-leader-genome-editing
If China's, Japan's and Germany's publications are combined, they surpass the US but there are more companies utilising said technology in the US than all of those countries even though China, Japan and Germany are the world's second, third and fourth largest economies respectively. Rather than Peking University, Tokyo Tech, Technical University of Munich leading the way since both countries are publishing papers in numbers, Harvard and UC Berkeley are the ones with the licence and making the money. Which is why across the top three higher education ranking agencies, schools in the US dominate disproportionately.

The success of the US in scientific advancement is the combination of capitalism, attraction of smart people from all over the world and innovation. No other country has all three attributes.

Cc: SIRTee15

5 Likes 1 Share

Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by Gerrard59(m): 10:12pm On Nov 24, 2020
SIRTee15:


To be fair, China is trying but they lack the innovative culture seen in other advanced nations. They also have trust ussues and they lack they soft power that can propel the Chinese culture and lifestyle into hearts of many.
Look at how western nations messed up 5G just because it's from China. Though, I also fail to see the usefulness of 5G.

China innovates very well and has really climbed the ladder in scientific research/publications but she isn't attractive enough to get smart people from other parts of the world to live and work in China compared to the US. Also, she's not as capitalistic as the US which has more venture capital firms than anywhere else in the world. However, compared to say Germany or Japan, China does well in commercialising scientific output but nowhere close to the US. Scientific research without capitalism makes no sense in my view. Kpata Kpata Nobel, Abel, Wolf's prizes here and there but the companies making use of these technologies and discoveries aren't available. Which is why Japan with all her scientific research/output in medicine and biotechnology coupled with relatively high number of Nobel laureates has less number of multibillion dollar biotech firms than the US.

1 Like 1 Share

Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by JIMMY1393: 10:14pm On Nov 24, 2020
kingxsamz:
...
Some clowns will come here and say it's grace, when he clearly doesn't believe in a god.
Meanwhile, while Elon Musk is making huge impact in the world, some group of clowns are hell bent on the world ending so that they can fly into the sky and wear white robes all their life.
You hate religion oh
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by olaniyi0(m): 10:14pm On Nov 24, 2020
kingxsamz:
...
Some clowns will come here and say it's grace, when he clearly doesn't believe in a god.
Meanwhile, while Elon Musk is making huge impact in the world, some group of clowns are hell bent on the world ending so that they can fly into the sky and wear white robes all their life.
This guy can never make heaven grin grin grin grin

1 Like

Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by SheikhMuniru(m): 10:26pm On Nov 24, 2020
All Na Vanity
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by Gerrard59(m): 10:32pm On Nov 24, 2020
Sannisege:
I think Elon Musk is second richest in USA and not the world because Bernard Arnault of LVMH is second richest in the world after Jeff Bezos

https://www.bbc.com/news/business-55059915

No way would Bernard Arnault surpass Bill Gates who Elon just surpassed. Software engineering is more valued than luxury goods in today's economy.

2 Likes 1 Share

Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by Atom85: 10:42pm On Nov 24, 2020
Your name no fit enter if e enter I die
Godpikin4real:
Which time my own name go enter their own book and people
Baba God pls pick up and answer my call as I don tire 2 de wait.
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by wman(m): 10:49pm On Nov 24, 2020
ab2care:
Neuralink

Thanks man. I totally forgot that one. I've added it to the list.
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by pacespot: 10:55pm On Nov 24, 2020
This man will soon overtake that Amazon guy, Jeff Benzo is only riding the wave of covid-19, once the pandemic is over, more people will be shopping in-store rather than online. Elon Musk is the true billionaire for the future. He will enjoy that spot for a long time. And this is a warning to Nigeria and other developing countries still depending heavily on oil. Tech is the future, people are moving their investments from the fossil fuels to renewable energies. The election of Biden will only help push investments in that direction, USA will rejoin the Paris agreement and the cause to save humanity from the danger of climate change will gain more momentum.
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by SocialJustice: 11:03pm On Nov 24, 2020
See people praying to be on forbes list, na wa. You think the people there go there by praying. Most of them don't even believe in God to start with.
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by pacespot: 11:04pm On Nov 24, 2020
byinks:
Satan's tech geek

Fvck off with your religious bullshi*t, I will rather be satan if satan can make the world a better place like this guy is doing. How has your religion helped solved problems for humanity?

1 Like

Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by Mokason288(m): 11:13pm On Nov 24, 2020
Zyxzzzz:
bill gates has been the world richest man from 1997-2017 e no easy , kudos to the rest , won't be surprised if mark overtake him

Which of the Mark ?
David Mark?


I HOPE I MADE SENSE
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by pacespot: 11:23pm On Nov 24, 2020
wman:


He can't overtake Jeff Bezos in the next 2 years.

Jeff Bezos is projected to be the world's first trillionaire.

Na lie, na covid-19 gives Jeff Benzo that astronomical increase in net worth. Most people are shopping online due to the pandemic and lockdown, as soon as pandemic is over, you will see that Jeff's net worth will decelerate. And the tax cuts by Donald Trump for the super rich is another thing, Biden will levy more tax on them.
Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by Phraences: 11:41pm On Nov 24, 2020
yusman14:
Yes Elon may not be a Christian..but God's grace is upon him.. Nigerians are good enough to provide solutions to world's problems/challenges but we don't have the enabling environment..no electricity,no good road, poverty,and spiritual attack sef...how can a hungry man think and analyse a problem??....a man with a dead phone and laptop can't make research too ...but these whites have everything at their disposal..so they perform better and outshine us in terms of tech...
I am still thinking of how I will use my preserved money I want to use to get data to download more videos and materials on programming and software development to eat this night and tommorow...then how will someone improve...this is poverty!!...to eat sef is on God...and programming is for healthy guys..
congratulations Mr Elon...

You made good points. Also, some people have natural grace or luck. They are blessed from birth with high IQ the same way some people are blessed to be great musicians or sport stars. It's just grace/luck. Like Jesus said "you will always have the poor with you". In other words, not everyone is born to be a superstar. That's just a fact of life.

1 Like

Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by Goodluckall: 12:07am On Nov 25, 2020
Bill gate anytime anyday
He gives a lot

Re: Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World by wonlasewonimi: 12:41am On Nov 25, 2020
pacespot:
This man will soon overtake that Amazon guy, Jeff Benzo is only riding the wave of covid-19, once the pandemic is over, more people will be shopping in-store rather than online. Elon Musk is the true billionaire for the future. He will enjoy that spot for a long time. And this is a warning to Nigeria and other developing countries still depending heavily on oil. Tech is the future, people are moving their investments from the fossil fuels to renewable energies. The election of Biden will only help push investments in that direction, USA will rejoin the Paris agreement and the cause to save humanity from the danger of climate change will gain more momentum.

The fact that you don't know amazon Web services is ridiculous. Jeff Bezos is set for life!

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