Looking up a few estimates of his net worth, I’m seeing numbers ranging from 930 billion to 1.1 trillion. So I’ll use 1 trillion dollars as a “good enough for thumbnail” estimation.
If Musk just stopped right now and somehow converted all that net worth into a run of the mill bank savings account (not investment driven, just a routine bank savings account), at the FDIC average of about 0.4% interest, Musk could pay out $10 million per day to political projects and it would come just off the interest. 76 million dollars looks like a large sum to us regular folk, but to Musk that’s couch cushion change (if he was willing to clean off the JD Vance jizz). Hell, if he dropped a billion dollars a day on political influence it would take him, assuming no interest, no new income, no nothing, almost three full years before the well ran dry.
And of course it’s all chump change to him.
Looking up a few estimates of his net worth, I’m seeing numbers ranging from 930 billion to 1.1 trillion. So I’ll use 1 trillion dollars as a “good enough for thumbnail” estimation.
If Musk just stopped right now and somehow converted all that net worth into a run of the mill bank savings account (not investment driven, just a routine bank savings account), at the FDIC average of about 0.4% interest, Musk could pay out $10 million per day to political projects and it would come just off the interest. 76 million dollars looks like a large sum to us regular folk, but to Musk that’s couch cushion change (if he was willing to clean off the JD Vance jizz). Hell, if he dropped a billion dollars a day on political influence it would take him, assuming no interest, no new income, no nothing, almost three full years before the well ran dry.