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The total population of Greenland is approximately 57,000. Elon Musk is currently worth about $425.2 billion.
Which means that for the low price of just $57 billion, Musk could offer everyone in Greenland a million bucks and simply buy it. (And he’d still have about $375 billion left over.)
There’sprecedentforthesemultibillion-dollar,blockbusterpurchases:In2022,MuskboughtTwitterfor$44billion.WhoknewGreenlandwashypotheticallyworthjust$13billionmorethanTwitter?
Ofcourse,whenheboughtTwitter,Muskwas“only”worthapaltry$219billion.(Poorguy.)So,that$44billionrepresentedamuchlargerpercentageofhiswealththanbuyingGreenlandwouldtoday.
Theoretically,there’snothingtopreventMuskfrombuyingthelandonhisown—andthenresellingittotheU.S.government.(Inexchange,perhaps,forexclusiverareearthminingrights?)Muskisactuallywealthyenoughtopullitoffwithoutbeingundulyleveraged.
Financialexpertstypicallyrecommendthatyouallocatenomorethan25%to40%ofyournetworthonhousing,althoughtheBiden-Harrisrealestatemarkethasmadethatbenchmarkunrealisticformostyou
