“A networth of $400-billion doesn’t mean I have $400-billion in my bank account. I don’t even have up to $1-million in cash now.” _ Elon Musk

“I get annoying when I see the kind of mindsets people have about rich people, especially billionaires. People feel so thrēatened by rich people’s success that they tend to use rich people’s success as an excuse for their faîlures.
Most people don’t yet understand the concept of wealth. What is this wealth? I am worth over $430-billion but it’s not like I have a massive account balance of $400-billion or something. My account balance is very, very low. I don’t even have up to $1-million in my account right now. All my money is in stock and when I sell my stock, I still invest in more stock. My wealth is my companies. If Tesla or Space-X went bankrupt, I’ll go bankrupt too, immediately. And even with my networth, I still take loans and invest because I don’t actually have physical cash.”

____ Elon Musk

Unlike most people who spend their money and invest the rest, Entrepreneurs invest all their money and spend the rest 💯

#politics #entrepreneur