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Elon Musk throws temper tantrum in response to Robert Reich saying ‘self-made billionaires are a myth’


Elon Musk blasted Clinton Labor Secretary Robert Reich after he declared that “self-made billionaires are a myth – similar to unicorns”.

The Tesla CEO and SpaceX founder, whose net price is $219bn based on Forbes, called Mr Reich an “idiot and a liar” after he claimed that Mr Musk was in a position to amass his wealth because his family “owned an emerald mine”.

The University of California, Berkeley professor said in a video that “being ‘self-made’ is a pleasant idea” because “it suggests that anybody can claw their strategy to the highest in the event that they’re willing to work hard enough”.

“It’s what the American dream is all about,” he added.

Mr Reich mentioned several billionaires who he said had been helped by their families, corresponding to Bill Gates and Jeff Bezos.

“The origins of self-made billionaires are sometimes depicted as a ‘rags-to-riches’ rise to the highest fueled by nothing but personal grit and the courage to take risks – like dropping out of school or starting a business in a garage,” Mr Reich said.

“But in point of fact, the origins of many billionaires aren’t so humble,” he said, adding that the billionaires had gone from “riches-to-even-more-riches” as they were “rooted in upper-middle class upbringings”.

Mr Reich said that Mr Musk “got here from a wealthy family that owned an emerald mine in apartheid South Africa”.

“You each an idiot and a liar,” Mr Musk tweeted in response, linking to a post by Jeremy Arnold on Substack, arguing against the concept Mr Musk got here from wealth.

He also called Mr Reich “suicidally boring”.

Insider reported in 2018 that Mr Musk’s father Errol Musk owned an emerald mine in Zambia.

“He didn’t own an emerald mine & I worked my way through college, ending up ~$100k in student debt,” Mr Musk tweeted on 28 December 2019.

In March last 12 months, Mr Musk tweeted that the article was “false”, and that “I arrived by myself in Canada in ‘89 with ~CA$2500”, that he “began [ his first] company with no funding & only one computer I built – There’s no evidence by any means of an ‘emerald mine’”.

“My father & his clan have been depending on financial support from my brother & me for over 20 years,” he added.

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