Tesla founder Elon Musk is known for his crisp opinions about literally everything. He generally voices them through his Twitter account.?
A professor at Berkeley and former United States Secretary of Labor, Robert Reich?posted a video about the 'myth of self-made billionaires.'?According to the video posted by the professor, several self-made billionaires came from privileged backgrounds.
He took a dig at all some popular billionaires. He started off with Bill Gates, claiming that the Microsoft founder's mother used her connections to help Microsoft get a deal with IBM. For Jeff Bezos, who claimed that he started Amazon in his garage, Reich had another theory. The man said that Amazon was ¡°funded by a quarter-million dollar investment from his parents.¡±??
He added, ¡°Along with Musk and Bezos, Michael Bloomberg, George Soros, and Carl Icahn have all gotten away with paying zero federal income taxes some years.¡±
Elon Musk had a sharp response to the professor's claims. The SpaceX founder responded to the video and called Reich, ¡°You both an idiot and a liar [sic].¡±
¡°To claim these fortunes are ¡®self-made¡¯ is to perpetuate a myth that blames the wealth gap on the choices of everyday Americans. Billionaires are not made by rugged individuals, they¡¯re made by policy failures and a system that rewards wealth over work.¡± he concludes.
A lot of people on the internet dissed the professor's claims. Many supported all several self-made billionaires mentioned in the video including Elon Musk. One user said, "Elon Musk never owned an emerald mine. His father told the media a story abt a mine he partially owned which is what started the rumor. His father also abused his mother who left him & lived in poverty raising 3 kids."
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In 2021, Elon Musk refuted such reports as well in a tweet. He had stated that there is no evidence of an emerald mine at all.?He stated that he arrived in Canada with CA$2500 and paid his own way through college. By the end of it, he owed over $100,000 in student debt, wrote Musk.
?What are your views?
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