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Old 02-05-2022, 05:54 AM
 
4,345 posts, read 2,792,327 times
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Quote:
Originally Posted by Rocko20 View Post
I hope you’re joking.

Mark could lose 99% of his net worth, watch Meta go bankrupt, and still live a life of pure luxury.
True. But if he did, I'd be poorer too.
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Old 02-07-2022, 02:18 PM
 
14,611 posts, read 17,547,250 times
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Quote:
Originally Posted by Rocko20 View Post
I hope you’re joking.

Mark could lose 99% of his net worth, watch Meta go bankrupt, and still live a life of pure luxury.

Mark Zuckerberg is down by $29.7B to $80.9B and #13 on the real time billionaires list. Billionaire at age 23.

Another young one that is self made is Austin Russell Founder, Luminar $1.6B REAL TIME NET WORTH as of 2/7/22
College dropout Austin Russell founded and runs automotive sensor firm Luminar Technologies, which went public in a SPAC merger in Dec. 2020. An optics prodigy, Russell developed the idea for Luminar when he was just 17 and studying physics at Stanford University. He dropped out of college in 2012 after receiving a $100,000 Thiel Fellowship, a program funded by billionaire Peter Thiel to nurture entrepreneurs. Following Luminar's listing on Nasdaq, Russell became a self-made billionaire at age 25. Luminar competes with laser lidar makers like Velodyne and Aeva, which make high-tech sensors to help self-driving vehicles "see" their surroundings.
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Old 02-09-2022, 08:44 AM
 
Location: Sandy Eggo's North County
10,300 posts, read 6,827,619 times
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He whom has the best health, is the wealthiest...
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Old 02-09-2022, 12:43 PM
 
20,715 posts, read 19,355,286 times
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Quote:
Originally Posted by NORTY FLATZ View Post
He whom has the best health, is the wealthiest...



"What good is health when you can't buy money with it?"


-Charlie Munger's golfing buddy.
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Old 02-09-2022, 06:07 PM
 
Location: Las Vegas & San Diego
6,913 posts, read 3,374,038 times
Reputation: 8629
Quote:
Originally Posted by tyCable View Post
Warren Buffet. His assets are more in liquid cash form. So he can spend it. Elon Musk, has it in tech form. You cannot spend owning or being part owner of an equipment that is needed. Like a booster rocket going to the moon.
You really don't understand "liquid cash" - Buffet is as constrained as the others. Berkshire's cash is not his cash - not how it works. Also booster rockets and the like are bought by the company associated, not by the owner.
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