Skip to main content

Posts

Showing posts with the label elon musk

Elon Musk Said that You Are Rich When You Have No Money

A few years ago there was a conference in the United States on investment and finance. One of the speakers was Elon Musk and during the question and answer session, he was asked a question that had everyone laughing.  If he, the richest man in the world, could accept that his daughter marries a poor or modest man.  His answer can change something in everyone. Elon Musk - First of all, understand that  Wealth does not mean having a fat bank account. Wealth is primarily the ability to create wealth. Example: Someone who wins the lottery or gambling. Even if he wins 100 millions is not a rich man: He is a poor man with a lot of money.  That's the reason why 90% of the lottery millionaires become poor again after 5 years. You also have rich people who have no money. Example: Most entrepreneurs. THEY are already on the road to wealth even though they have no money, because they are developing their financial intelligence and that is wealth.  How are the rich and the poor different? To p