His main wealth is his stock holdings.... and those could go up in the future, stay about the same, or go down (and even drop like a rock if his companies have certain issues).
This is the concept that you can become wealthy by creating a successful company.
Also, keep in mind that the stock is only worth what it is because other people think its worth that much. If people change their mind on that... the stock value changes. So its other people that have created his wealth based on what they view his companies value is.
Just remember, that stock wealth tends to have its ups and downs... and those can be extreme at times.
If he is willing to follow the advice of competent wealth advisers.... he would convert a bunch of his stock into other kinds of assets and stocks of other companies in other industries.
IIN That Elon Musk is worth over 300 billion dollars?
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His main wealth is his stock holdings.... and those could go up in the future, stay about the same, or go down (and even drop like a rock if his companies have certain issues).
This is the concept that you can become wealthy by creating a successful company.
Also, keep in mind that the stock is only worth what it is because other people think its worth that much. If people change their mind on that... the stock value changes. So its other people that have created his wealth based on what they view his companies value is.
Just remember, that stock wealth tends to have its ups and downs... and those can be extreme at times.
If he is willing to follow the advice of competent wealth advisers.... he would convert a bunch of his stock into other kinds of assets and stocks of other companies in other industries.