Even with $850 billion to his name, Elon Musk admits 'money can't buy happiness.' But billionaire Mark Cuban says it's not so simple | Fortune
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Even with $850 billion to his name, Elon Musk admits 'money can't buy happiness.' But billionaire Mark Cuban says it's not so simple | Fortune
"Elon Musk's net worth surged to $852 billion this week-a record high set into motion by the merger of two of his companies, SpaceX and xAI, ahead of a highly anticipated IPO later this year. But even with more wealth to his name than anyone in history, Musk doesn't seem convinced that the number in his bank account translates into personal fulfillment. "Whoever said 'money can't buy happiness' really knew what they were talking about," Musk wrote this week on X, a post that's garnered over 96 million views."
""A lot of happiness comes from helping others. You have helped millions, and someday it will likely be billions. You just need to appreciate what you have accomplished for so many," he wrote. Ackman also suggested it might be time for Musk to settle down with a long-term partner. Musk has 14 children with four different women. "Happiness can also be found in a long-term relationship with someone really special. It is time for you to find that someone for the long term. Just my two cents." "If you were happy when you were poor, you will be insanely happy if you get rich," Cuban hit back on X. "If you were miserable, you will stay miserable, just with a lot less financial stress.""
Elon Musk's net worth reached $852 billion after a merger of SpaceX and xAI ahead of a planned IPO. Musk publicly noted that money does not guarantee happiness, prompting reactions from fellow billionaires. Bill Ackman advised that helping others and appreciating accomplishments can increase happiness and suggested pursuing a long-term partner, noting Musk's 14 children with four women. Mark Cuban said wealth amplifies existing emotional states: those who were happy before wealth may become extremely happy, while those who were miserable may remain so, though with fewer financial stresses. Research finds the relationship between money and happiness is nuanced.
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