It’s official: Elon Musk, whose name almost warrants a trigger warning, has a fortune equivalent to the combined wealth of 70% of Dutch households.
This calculation was done by RTLNieuws, and includes Dutchies’ savings, houses, shareholdings and business assets, but excludes their debts.
For most of us, this statistic is unfathomable. So, let’s break it down.
In what world does someone need a billion dollars? Let alone 434 billion…
According to Bloomberg, Musk’s current net worth is valued at a shocking $434 billion. When converted to Euros, that’s around €418 billion.
With this, Elon could theoretically buy everything owned by seven out of ten Dutch citizens, as RTLNieuws explains.
Let’s do the math:
- The collective wealth of 70% of Dutch households totals €421 billion.
- Musk’s net worth sits just shy of that, at a monstrous €418 billion.
In other words, Musk’s fortune is nearly equivalent to the entire Dutch population’s combined net worth. Geweldig! (Amazing! But not really…)
What could Musk do with all this money? For starters, he could freely hand out €23,000 to every single one of the Netherlands’ 18 million residents and still be left with €4 billion.
@realestatebulldog Who's hungry? #eattherich ♬ original sound – Whisper Pickle
And he’s only getting richer
The terrifying part? Musk is only getting richer, largely thanks to a political system riddled with corruption.
In the good old days, politicians at least tried to be subtle about their shady dealings — but not anymore. Enter Donald Trump, Musk’s bromantic partner-in-crime.
Investors hoped Musk’s closeness to the orange president could work in their favour, and… you guessed it: It did!
Since Trump’s election, Musk’s net worth has skyrocketed as Tesla’s market value grew by a staggering 66%. Today, Tesla’s value is worth around $170 billion, with Musk holding a 13% stake.
While criminals govern countries and billionaires obsess over amassing another billion… the rest of us find ourselves in a reality where their unimaginable wealth and power rule the world — proving that there is no such thing as a “good billionaire”.
Want the latest Dutch news to come zooming through the internet to your inbox? Dat kan! Subscribe to DutchReview’s weekly roundup 📮
Ok here economic 101 as you said he has created company which are worth billions because they are successful and provide jobs. Elon Musk did all this under mostly Democrat presidents. His wealth is mostly tied up on his companies do do what you suggested and pay each Netherlander 23000 he would have to liquidate all his assets. That’s not feasible or good economics. There will always be super rich and rich people in this world what you want is for those people to be successful and provide good paying job and products that help the overall economy of your nation or the world. Anything other than that is Socialism or Communism and we all know how that ends up.