I agree that people tend to overstate his income due to misunderstanding his relationship with his father. And the story about him keeping emeralds in his pockets is murky at best.
But his wealth compared to the average income of any black person in South Africa in 1971, still makes him vastly better off than any ‘colored’ child born in the same country, making him institutionally old money by grace of being born white.
Certainly he was above average. But that’s not “born into wealth.” $28,000 is the price of a modest new car. There are huge numbers of people who are able to get seed money like that from friends and relatives to start a business, but clearly Elon did something more than those people to grow that to the $400 billion his current net wealth stands at.
The problem is that Musk has become such an intensely politically and culturally polarizing figure that saying even the remotely “positive” thing about him - such as “he’s actually a pretty good self-made businessman” - gets interpreted as “boy howdy do I ever love Trump and misogyny!”
I agree that people tend to overstate his income due to misunderstanding his relationship with his father. And the story about him keeping emeralds in his pockets is murky at best.
But his wealth compared to the average income of any black person in South Africa in 1971, still makes him vastly better off than any ‘colored’ child born in the same country, making him institutionally old money by grace of being born white.
Certainly he was above average. But that’s not “born into wealth.” $28,000 is the price of a modest new car. There are huge numbers of people who are able to get seed money like that from friends and relatives to start a business, but clearly Elon did something more than those people to grow that to the $400 billion his current net wealth stands at.
The problem is that Musk has become such an intensely politically and culturally polarizing figure that saying even the remotely “positive” thing about him - such as “he’s actually a pretty good self-made businessman” - gets interpreted as “boy howdy do I ever love Trump and misogyny!”