Recently, Tesla CEO Elon Musk frequently flooded the screen.
Early this month, the American Forbes magazine " Forbes " announced the 2022 global billionaires list, and Musk became the world's richest man with a net worth of US$219 billion. On the 14th local time, Musk initiated an acquisition of Twitter , proposing a offer of more than US$43 billion, and plans to privatize it.
Many people are concerned about what is the life of the richest man in the world? According to China News Service, citing foreign media reports, Musk recently said that he does not have residential properties and spends most of his time in his friends' rooms.
Image source: Visual China VCG111307816275
Musk said he had no fixed place
According to the US Capitol Hill newspaper, Musk said in a conversation interview with TED recently, "If I go to San Francisco Bay Area , which is the location of most Tesla projects, I will basically take turns staying in my friends' rooms."
When asked about the wealth gap between ordinary Americans and billionaires, Musk said that in addition to using private jets, he believes that his personal consumption is not high. “But if I don’t use the plane, I’ll work less time,” Musk said.
According to the British Sky News Network, citing US media reports, Musk has sold all seven of his properties in , California, for about $128 million.
In June last year, Musk posted on a social platform that he had decided to sell the last property he owned. Foreign media said that this move is Musk continuing to fulfill his promise in May 2020 to give up almost all physical property and "do not own real estate"
It is reported that Musk sold his luxury home in Beel for $29 million in June 2020. In January 2020, he also sold three other homes in California for a total price of $41 million.
Musk: If the successful acquisition of
Twitter directors will receive $3 million in salary, it will be 0
Musk's plan to acquire Twitter has also been new news.
htmlOn April 14, Musk proposed to acquire Twitter for a total value of US$43 billion, and Twitter then launched a defense plan called the "Poison Pill Project". According to the plan, if Musk acquires more than 15% of Twitter shares, other shareholders will be able to buy additional new shares at a discounted price, making Musk's equity diluted and the acquisition cost more.According to the " Wall Street Journal " report on April 18, people familiar with the matter revealed that private equity giant Apollo Global Management discussed participating in the Twitter acquisition and may provide equity or debt support to buyers interested in acquiring Twitter, such as Musk or private equity firm Thoma Bravo LP.
Apollo Global Management's asset management scale is approximately US$500 billion. As owner of Yahoo, Apollo Global Management also evaluates the possibility of a collaboration between Yahoo and Twitter.
At the close of April 18, Twitter's stock price rose 7.5%. After the news from the Wall Street Journal broke out, Twitter's stock price rose by more than 1% after the market closed. Some comments pointed out that the market speculated that the company had bought time to develop a plan that was more in line with the interests of shareholders, which drove the stock price to rise. It is reported that Twitter will release its financial report on April 28, and the details of the plan to resist Musk's acquisition proposal may be announced at that time.
Musk continued to criticize the Twitter board after his frustration in the acquisition of Twitter. On April 18, investment consultant Gary Black tweeted that most Twitter board members hold less than 0.005% of the company's shares. Once Musk succeeds in the acquisition, they will not get a "part-time beauty" of $250,000 to $300,000 a year. Musk commented that if the acquisition is successful, the board of directors will have zero salary and can save about $3 million a year.
On April 17, Musk tweeted comments that after Jack Dorsey, who was the founder of Twitter and twice as CEO, left the Twitter board of directors at the end of his term in May, "the members of the Twitter board of directors together have almost no shares in Twitter. Objectively speaking, their economic interests are not consistent with shareholders."
On the same day, Jack Dorsey also criticized the Twitter board of directors.A Twitter user said that the Twitter board, especially its founding members, was full of "conspiracy and coups", and could be adapted into an Hollywood thriller. Doxi commented, "This is the reason why the company has been operating poorly."
editing|Lu Xiangyong Wang Jiaqi
proofreading|He Xiaotao
Daily Economic News is integrated from the Meijing App (Reporter Li Menglin), China News Network
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