this post was submitted on 22 Jan 2026
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top 22 comments
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[–] Ummdustry@sh.itjust.works 78 points 5 months ago* (last edited 5 months ago) (4 children)

yeah, but the original is true as well, and is better at making the point you want to make.

  • If you have a net worth of $10k, you're $990k to go (or a 100 x multiple) to one million.

  • To be a millionaire again, Musk would need to be worth $778.01 billion less or worth 1/780th what he is right now.

The original message: "What many people only ever dream of achieving is so far beneath the ultra-rich it would be laughable if not for the tragedy"

Your message: "Ordinary people are poorer than elon musk" (Duh)

[–] bravot10@sh.itjust.works 9 points 5 months ago (1 children)

1/780th? You're off by a factor of 1000 here

[–] Ummdustry@sh.itjust.works 16 points 5 months ago* (last edited 5 months ago)

That would be to get to a $ 1 million, but musk would cease to be a billionaire at $ 999.99 million. That's the "close" side of millionaire to him, so what I used. 1/780000th would be to get into the region of a normal upper-middle class American.

[–] orbituary@lemmy.dbzer0.com 3 points 5 months ago

I disagree. It's a struggle to climb up, but an easy tumble to the bottom. Becoming homeless is not difficult when you aren't making millions on interest.

[–] myotheraccount@lemmy.world 0 points 5 months ago

You don't stop being a millionaire when you have more than one million. Thus Elon Musk is a millionaire.

[–] DragonTypeWyvern@midwest.social 8 points 5 months ago

Millionaires are closer to being homeless than Elon Musk is to being a millionaire

[–] Aarkon@discuss.tchncs.de 3 points 5 months ago

Not if you take into account the exponential nature of wealth accumulation. Hence if plotted on a logarithmic scale, I’m quite confident me & Elon would be about equally far away from $ 1 million net worth.

[–] UnderpantsWeevil@lemmy.world 3 points 5 months ago (3 children)

I'm fully willing to believe Elon Musk will officially become a trillionaire, go on a bender, get lost, and be homeless for - like - a week.

[–] Soulg@ani.social 6 points 5 months ago (1 children)

Musk could actually go completely destitute and have nothing and people/banks would just fucking give him money so he'd be rich again. Maybe not a billion but certainly many millions.

[–] UnderpantsWeevil@lemmy.world 3 points 5 months ago

The real secret to wealth. Just have a back line into the Fed Credit Window.

Any dipshit can become a billionaire while paying the prime rate on unlimited borrowed money

[–] SatansMaggotyCumFart@piefed.world 4 points 5 months ago (1 children)

I just want him to have a huge ketamine party in his hot tub.

[–] UnderpantsWeevil@lemmy.world 4 points 5 months ago

Would solve a lot of problems.

[–] yermaw@sh.itjust.works 2 points 5 months ago

If he gets lost for even a moment I'll bet my bollocks he'll stay lost.