[mikemhg]

Originally Posted by Hehe

Not sure where you are getting your information, but I dug deep into any Elon related negative story when I was doing my DDs to decide whether to invest more money into TSLA.

All the information I could find about this specific topic showed me Elon's dad didn't do well.

The whole source of this "emerald mine" story was from ONE interview that they did with Musk Sr. and that's the ONLY time this information ever surfaced. And the value went from a little bit of money to billions of dollars worth. Which really... it's BS... even the largest emerald mine in the world (Kagem) isn't worth that much. Kagem is estimated to be worth (since the start of its operation) a few hundred millions in total given its reserve level. And this is the LARGEST there is in the world. His dad claimed he had 2% of a mine. Even if it was Kagem, it'd only be a few million dollars.

If his dad really did own an emerald mine to the extent that he's a billionaire or at least super wealthy, I'd have found some additional information, given his son was one of the biggest name in tech. But nop... nothing other than that specific interview, there is nothing that can point the emerald mine is true or to a lesser extent, provided their family with any significant wealth, at least I couldn't find any "luxury" lifestyle that the Musks had enjoyed before Elon became multimillionaire/billionaire.

And by looking at Elon's side of the story, it showed a lot more traces of facts that his family wasn't rich. This can be traced back to his college years from accounts of his classmates/roommates. He drove beaters, fix it on his own. Crashed on couches at friends and whatever. Not exactly what I consider the life of the son of a billionaire/multimillionaire.

So, if you've got any solid lead that can prove my research was not extensive enough, I'd love to be proved wrong.

8===D