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Elon Musk has a private wealth of about $204 billion ( data: Bloomberg, 31/10/2022) . Lets see what Elon Musk can do with his money
Elon Musk has a private wealth of about $204 billion (data: Bloomberg, 31/10/2022). Lets see what Elon Musk can do with his money in the following problems.
c. Switzerland? Elon Musk enjoys skiing so he plans to purchase the whole country of Switzerland at the price of the current value of GDP of $767 billion (data: World Bank, 2021). How much would Mr. Musk have to invest today at 10 percent compounded annually in order to purchase Switzerland in 10 years at this price? (5 points)
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