Saladdin: Spot on! Elon Musk is as rich as the Wall Street guys want him to be. Welcome to America Voodoo Economics 101. Let him try and liquify his shares to the tune of $1bn as watch how his networth will crash!
The wealth is speculative and not real substance. In reality he's very cash poor. Uncountable number of people across the world are richer than him in real cash.
The richest Forbes Billionaire in liquid terms remains Bill Gates.
No this is such bs why are Nigerians so obsessed with cash? Just Having cash is meaningless in the long run. This is why blacks are so behind your way of measuring wealth is whom has more in their bank account not whom actually owns more. Bill Gates isn’t the most liquid on Forbes either.
Reference: EVERYTING in this world is based on speculation. The woman who takes her ten thousand to the market to buy stuff to fry akara this morning is liquidating in anticipation of increasing it's worth by mid morning.
Well it's a cold rainy day, with few folks on the streets. That speculation may hit weather related turbulence and that worth falls short by the end of the day.
It is not about her but factors BEYOND HER CONTROL Elon is as rich as the world prescribes him to be this Friday morning at 8.32 am. That is not misleading. That is a reality that affects everything and everyone on earth.
Don’t mind him Nigerians and their fragile pride 😂
Dangote for example his wealth is largely in his refinery.
Vifx: I was expecting it to move even more. That's how wealth works at that level billions can appear on paper overnight without a single naira landing in your account. Valuation is a powerful thing. Still, if the valuation holds, it's a remarkable milestone for both Dangote and African industry
Cause his wealth is tied mostly to his stock and asset price.
Babangidapikin: He can donate some to South Africa so they stop nagging like a lost chicken wanting everyone out of their space , I just hope they didn't nag Elon out of South Africa. By now it would have been a South African citizen is a Trillionaire.
educatedfool: America's wealth measurements can be misleading because they are based largely on asset prices, which can be inflated by speculation.
That’s how everyone’s wealth is calculated none of those wealthy people are actually that liquid. Dangote’s net worth shot up cause of that his IPO for his refinery not that Dangote is liquid. You sound biterred, Nigerians realising they have no money 😂. Nigeria’s GDP is less than $300 billion and Musk alone is 3x times of that.
emperor4love: Elon musk is giving back to the state and SA that made him,this one wan use only price of cement make so many homeless,at end what matters to them na to add up billions to hit the Forbes first fifthy billionaire list
Elon’s only connection is SA is that he was born there. He spent almost his entire life in North America and he is nauseatingly American as he stated.
algomachine: But if you give him US visa, he would celebrate in a European founded church. I would be very happy if Africans can create something meaningful, I doubt that would ever happen with the poor infrastructure and greedy people we have here.
But the Europeans are the devils. The same devils whose religion they worship😂
algomachine: The continent has failed WOEFULLY! Imagine Apple being richer than a country that drills over 1.5million barrels of crude oil everyday (free money and I doubt not more than 7million barrels leave the country daily).
Africans never hold their leaders accountable, they run to countries that did bloody revolutions and leave theirs to gods created by the whites and Arabs.
I agree Africans actually deserve to be seen the way they are by the world and extending the size of the map of Africa will do nothing. That highlights the failure even more imagine a continent with all that land and natural wealth cannot build anything from it. It’s the west or China thats doing everything for Africans. To say Africa is a failure is a gross understatement. A failure will at least try. Africans never tried.
Elon Musk is valued $929 billion and Nigeria’s GDP is not even $300 billion and Nigerians think there is money in the country😂. Imagine one man is several times richer than a country of 230 million and almost a million square kilometres. Amazon as a company generates more in revenue than Nigeria produces in GDP per year.
It’s not even just the lack of accountability but the victim mindset. They always believe that it’s others that cause their demise. That’s not to say foreign influence didnt lead to Africa’s demise it definitely did but it’s also Africans and their leaders.
Yankee101: GDP is not the right metric to show advancement because 200million people population in Nigeria should generally produce more than 50million Ghanians
The GDP measures your entire productivity as a collective
The best metric will be what is the auality of life of the population per individual?
The Purchasing power parity is the best metric
What can one Nigerian afford compared to one Ghanaian compared to one American
It is true Nominal GDP is not the best but Nigeria does not actually produce anything. That’s the same thing for Africa at large. It’s an economy just based on raw material extraction. Africa is the biggest embarrassment to the human race.
In 2026 we should be talking about 1 trillion dollars like other serious countries, unfortunately Nigerians are only interested in establishing sharia law.
Heaven forbids!
Nigeria is beyond a failure at $285 billion GDP. Elon Musk is at $929 billion, he is more than 2x that of Nigeria.
The Europeans built FIREARMS in contravention of millenia-long human conventions of using iron weapons for war, to limit casualties.
Once they built guns and bombs, they raided and invaded the entire world. Not just Africa.
ALSO, USE YOUR BRAIN AND INQUIRE AS TO THE ACTUAL INVENTIONS YOU THINK WERE BY "WHITE PEOPLE".
BECAUSE WHEN YOU RESEARCH THE TRUTH, YOU WILL DISCOVER THAT NUMEROUS MODERN INVENTIONS WERE BY BLACK AFRICANS IN AFRICA AND THE DIASPORA.
THAT LIGHT BULB YOU USE WAS SUPPOSEDLY INVENTED BY A WHITE MAN THOMAS EDISON.
BUT HIS INVENTION COULDN'T LAST AN HOUR BEFORE GOING DARK.
IT WAS A BLACK MAN, LEWIS LATIMER, WHO INVENTED THE FILAMENT YOU SEE INSIDE EVERY BULB TODAY, WHICH ALLOWS THE BULB TO LIGHT UP FOR YEARS.
OUR OWN PHILLIP EMEAGWALI INVENTED "PARALLEL PROCESSING" ie GETTING THOUSANDS OF COMPUTERS TO PERFORM CALCULATIONS SIMULTANEOUSLY. A TECHNOLOGY REQUIRED FOR AI TO WORK TODAY.
ANOTHER NIGERIAN, KUNLE OLUKOTUN, INVENTED THE MULTI-CHIP PROCESSOR, WITHOUT WHICH AI COULD NEVER EXIST.
GO AND RESEARCH AND LEARN THE TRUTH ABOUT YOUR RACE.
YOU HAVE AI TODAY TO LEARN IT ALL FOR FREE!!
It’s not to say that Africans haven’t contributed to STEM but it’s a drop in the bucket compared to everyone else especially the Europeans and Asians. It is even less than microscopic.
Nigeria itself is not even an industrialised country almost none of the African countries are, even the richest parts of Nigeria the so called African giant is an extremely underdeveloped. You can go around Ikoyi, Maitama, Banana Island and still see slums, open gutters, exposed wires and underdevelopment.
Nigeria that doesn’t even constant electricity, decent roads or infrastructure is the birthplace of industrialisation?
Dancebreaker: USA, rather, Trump, also recently opposed recognising the slave trade as a crime against humanity. And for posterity's sake, so that we don't forget, Israel and Argentina did the same.
UNESCO declared in 1974 that ancient Egypt was a black civilisation. Yet, many in the West still don't want to accept it. The clear scientific evidence from people like the late Prof. Cheick Anta Diop does not fit their narrative about black people.
Yes, the West has been lying to itself since the dawn of the Middle Ages. The Middle Ages set the West back in terms of knowledge of the original world and peoples.
They have still not recovered from it. Despite going to the moon, AI and all that. Africans preserved that knowledge in our stories, tales, and traditions.
algomachine: Doesn’t change anything in my opinion. If you don’t invent anything and only consume, the inventor dictates everything.
It is just a ploy to hide the failure of the continent. With all the land Africa has, it doesn’t even have a GDP passing many small countries, cities or even companies 😂.
ManirBK: 164 nations voted yes. The UK, France, Germany – all yes. Even former colonial powers said it's time to correct the map.
The United States? No. They called it "superfluous."
| The hypocrisy is breathtaking. A nation that claims to lead the world on human rights and equality – but when it comes to showing Africa at its true size, they vote no.
They say it's not necessary. But why? Because an accurate map doesn't serve their narrative?
Africa is 14 times larger than Greenland. That's not politics – that's science. And the US just voted against science.
The map is corrected. The US can stay on the wrong side of history. 🌍🇳🇬
Now they have done this has it changed the for fate of the continent?
Africa with a landmass of 29,648,481 km², 1. 585 billion people and GDP of $3.57 trillion is outmatched by not even states or cities but even companies in America in virtually any stat of development. Constant electricity, drinking water and other basic amenities has been the norm in every other part of the world bar Africa. Brazil with a far smaller landmass and population is 75% of Africa’s GDP. And that is Brazil not even a western or an asiatic power. Africa is an embarrassment and a failure to the highest degree. It’s not about the land you have but what you do with the land.
tctrills: The Life expectancy in Gaza is 75.7 years while that of Nigeria is 52.89 years. Do you still think Israel is committing genocide in Gaza? If yes, then Israel must be the worst country at committing genocide in the history of the world.
They clearly are but Zoogeria is worse than a place under genocide.
tochez24: And you think what happened in your era is obtainable now?? Lol
This is a generation of the FAST lane, I'm so sorry sir but that your supposed wisdom doesn't work now♂️
I have traveled far and wide too, even outside country and i can bet you, these generational ladies are the same world wide.... but due to high poverty rate in Nigeria, our ladies turn out to be the worst of them all.
There's no need for us to throw stones at each other as any single male now can easily relate to my point already. It's obvious you don't because you are of the last good generation... thus you're extremely naive of what we single guys pass through everyday in the hands of ladies.
Why do you think we came up with REDPILL in the first place?? It's because our girls are now extremely TOXIC and almost useless.
motymop: Anyone who live in the western world will understand that dating is transactional among immigrants especially those from poor countries.
For instance if you are from a country like Nigeria
The women and men are looking for someone with documents to legalize their stay...
The natives don't wanna date an immigrant except if she or he is exceptional handsome or beautiful.
Those Nigerian guys that marry white women, it is a hit or miss, majority of those men found those women in the night club.
As a guy, one of the way to get sex is sex with no emotions aka one night stand on dating apps
Don't ever think you have found love with a girl or guy you met on a dating app. OYO is your own
The most obsessed people that love sex chat are those Nigerians living abroad whether in the UK or US, Canada, that is the period they know they have a ex in Nigeria
Some of the most sexually frustrated and lonely Nigerians are all living abroad, no wonder a week spent in Nigeria for hols is like a week for releasing sexual tension
Hit or miss? This is some serious coping, the ones that date out can meet them anywhere and not all the immigrants in relationships in western countries are transactional. Much of the time, the ones that come from parts of the world like Asia end up dating someone in the western world and come there and overachieve. It’s not to say that other races can’t be materialistic, transactional etc in relationships but it is far worse with us blacks and Africans.
Cousin9999: South America...has a lot of problems.
When a male goes there and raves about the women, he's likely clueless about how messed up the country and/or society is, or he's a lowlife that thinks exploiting poor women is okay.
If you're a guy and you go to one of those countries, these are some of the reasons women will be all over you: -She wants to set you up to get robbed. -She's a hooker. -She's a known hooker and no other men will date her. -She's bait for human trafficking. -She thinks you make at least 40,000USD annually, which is a ton of money to them. And you're her potentially "rich" boyfriend to squeeze money from that her and her local boyfriend/husband spend. -In her insanely racist/colorist country, the fact that she's slightly darker than an albino causes all kinds of problems in her life, and she knows she'll get the opposite treatment from you. But the fact is, she's racist as well. -She thinks you're her ticket out of the hellhole country she's in. -Men in those countries are known to smack women, and she's trying to escape that culture by marrying you. -It's a purely sexual relationship that will go nowhere because she will only or already has married a local.
ETA: It doesn't matter what one of these women does for you or how many different ways you have sex with her, she's still racist.
All these things you are saying are saying arw far worse in Africa. Passport Bros are in South America and Asia.
Adakintroy: All this write up are just over sabi. Women are women all over the world.
If you go to the huwalulu tribe in somalia. You will see bush women bleeping hunters for bush meat while ignoring the other hunters that can't bring home a good kill. In getho girl lash for indomi and data, while in lekki they lash for shopping mall trips and range rover ride. Its a universal attributes with women but relative. Na ur own you know.
I watch online dating site and see passport bros in america talking about coming to Africa to find decent women. For my mind I just laugh say see mugu. While we here de look to go there to find decent women. Na wetin we de see dem them de see the tin just turn upside down that's all. If you stand am straight, una go see say women na women.
Good de yeye de, na so life be. Start your search early you go eventually find good one. But if he turn out say you no see at all. Chance are you are the yeye person.
Passport Bro is almost entirely Asian or latinas. That’s what western men go for. It’s rarely ever Africa. But it is true women are women everywhere but cultural differences exist.
Gerrard59: - I am not the one denigrating black or Nigerian women just because I travelled abroad.
- No be me create thread explaining the differences between Nigerian women and overseas women. You don see me put down Nigerian women in comparison to abroad women? Women all over the world are known to be hypergamous. In fact, abroad women are more hypergamous than Nigerian/African women. I was told of an Ivoerien who works for Panasonic who has been unable to save anything substantial because as he is dating a Japanese lady and about to marry her, as he has to provide the same standard of living she would expect from a Japanese man. If na Ivorien woman, you think say him for never save? Would the average Ivorien lady be demanding he spends yanfu-yanfu while being with him in Japan?
- Nigerian nay black men have failed their women. I am ready to die on that hill, any time, any day. https://www.nairaland.com/6643241/nigerian-men-failed-women It is men who develop societies. Black men have been unable to develop their societies so that other men will desire black women. How come no one is rushing Laotian or Bolivian women? Why South Korean or British? Bolivian women no fine ni?
Nobody is stating that hypergamy, gold diggery or even leeching doesn’t exist abroad but that it is not as bad and that the women abroad are able to look after themselves without help from a man.
Business › Re: Elon Musk Becomes World's First Trillionaire by Sladem05: 9:06am On Sep 23
