Just buy Bitcoin and/or Microstrategy stock (MSTR)
First, it seems that making money is best and easiest and also most straightforward, and also has much more upside potential if you’re investing, trading, etc.
Think the open markets
So what is super interesting is if you want to create real wealth, and make a shitload of money, the market… getting an initial public offering, to be on the public traded market and stock market is your best bet.
For example, all the wealthiest people on the planet, it is all universally through their stock options:
For example Elon Musk has a net worth of $270 billion, as he holds approximately 13% of Tesla, and his shares are worth at around $821, making his Tesla holdings around $187 billion.
Jeff Bezos is $204 billion, as he owns about 10% of Amazon. Assuming that Amazon is trading at around $130 per year, his Amazon share are worth approximately $130 billion.
3.4 trillion
Also a shock I haven’t researched this in a long time, Apple is currently worth $3.43 trillion, and Nvidia at a surprising 3.13 trillion! Even super lame Microsoft, 3.04 trillion!
Essentially the reason why this is Social shocking to me is that even in my lifetime as a kid until now… To become a millionaire was supposed to be the dream a big deal, now it is centi billionaire — example, Elon Musk has $270 billion! Blows my mind!
Why bitcoin
The reason why bitcoin is by far the most Apex potential upside on the planet ,,, cause assuming that bitcoin is the first true money, the first true digital money, money perfected, and also because it is the biggest technology innovation of our time, then if that is the case, it should become the most valuable thing for the human race of all time.
Once JP Morgan Chase starts to custody bitcoin, the price will explode!
Search current JPMorgan Chase news on Bitcoin.
JPMorgan Chase has recently shared a positive outlook on Bitcoin’s performance for October 2024, referring to a seasonal trend often called “Uptober,†where Bitcoin typically sees a strong month of gains. JPMorgan analysts have highlighted that more than 70% of Octobers have historically resulted in positive returns for Bitcoin. This trend, coupled with recent macroeconomic shifts, including anticipated impacts from the Federal Reserve’s rate cuts, is expected to fuel Bitcoin’s momentum through Q4 .
Additionally, JPMorgan is now invested in several spot Bitcoin ETFs, including those managed by major asset managers like BlackRock, Fidelity, and Grayscale. The bank’s exposure to these ETFs represents a shift in its approach to cryptocurrencies, aiming to increase its involvement in the sector through diversified investment vehicles. This move could be seen as an effort to cater to growing client interest in digital assets .
These developments signal JPMorgan’s strategic positioning in the cryptocurrency market as it anticipates further growth and institutional adoption of Bitcoin, influenced by both seasonal trends and expanded investment options.
As of October 2024, Bitcoin’s market capitalization stands at approximately $1.248 trillion. This valuation reflects its position as the leading cryptocurrency by market cap, driven by its price, which hovers around $62,000 per BTC. Bitcoin’s market cap has seen significant growth over the past year, underscoring its dominance in the cryptocurrency market as well as ongoing interest from both institutional and retail investors  .
Show the current full market capitalizations of each of these companies.
As of October 2024, here are the top 10 companies in the world by market capitalization:
1. Apple – $3.43 trillion: Apple remains the largest company globally, driven by its popular products like the iPhone and robust services sector.
2. NVIDIA – $3.13 trillion: NVIDIA’s dominance in AI and graphics processing units (GPUs) has fueled its rise to the second spot.
3. Microsoft – $3.04 trillion: Microsoft is a leader in software, cloud computing, and AI, solidifying its position among the top companies.
4. Alphabet (Google) – $2.06 trillion: Alphabet benefits from Google’s leadership in digital advertising, cloud services, and AI research.
5. Amazon – $1.87 trillion: Amazon’s expansive e-commerce and cloud computing (AWS) segments contribute significantly to its valuation.
6. Saudi Aramco – $1.83 trillion: As a major oil producer, Saudi Aramco plays a critical role in global energy markets.
7. Meta Platforms (Facebook) – $1.34 trillion: Meta focuses on social media and metaverse development, with platforms like Facebook, Instagram, and WhatsApp.
8. Berkshire Hathaway – $967 billion: Warren Buffett’s investment conglomerate has diverse holdings, from insurance to utilities.
9. TSMC – $910 billion: Taiwan Semiconductor Manufacturing Company is essential in the semiconductor industry, supplying to major tech firms.
10. Eli Lilly – $830 billion: This pharmaceutical giant has a strong portfolio of products, particularly in diabetes and cancer treatments.
These companies reflect a mix of technology, e-commerce, energy, and healthcare sectors, underscoring the diverse areas of high-value growth in the global economy .
Here are the current market capitalizations for the companies associated with the world’s top 10 wealthiest people as of October 2024:
1. Tesla (Elon Musk): $781 billion .
2. Amazon (Jeff Bezos): $1.3 trillion .
3. Meta (Mark Zuckerberg): $1.2 trillion .
4. LVMH (Bernard Arnault): $510 billion .
5. Oracle (Larry Ellison): $483 billion .
6. Microsoft (Bill Gates): $3.1 trillion .
7. Alphabet (Larry Page): $1.5 trillion .
8. Alphabet (Sergey Brin): Shares Alphabet with Larry Page at $1.5 trillion .
9. Berkshire Hathaway (Warren Buffett): $977 billion .
10. Microsoft (Steve Ballmer): Included under Microsoft’s $3.1 trillion market cap, as he holds substantial Microsoft shares .
These market capitalizations reflect the total value of each company based on their outstanding shares and current stock prices, underscoring the financial scale of the companies these billionaires are invested in.
Search the top 10 richest people on the planet, their net worth, and also how many shares they own of their company stock and what it is currently valued at, also current share price.
As of October 2024, here’s a rundown of the top 10 richest people in the world, their approximate net worths, ownership in their respective companies, and the value of their stocks:
1. Elon Musk: With a net worth of $269 billion, Musk holds approximately 13% of Tesla, with shares recently valued at about $821, making his Tesla holdings worth around $187 billion. He also owns significant stakes in SpaceX and other ventures .
2. Jeff Bezos: Worth about $204 billion, Bezos owns nearly 10% of Amazon. The stock is trading around $130 per share, meaning his Amazon shares are valued at approximately $130 billion. Bezos also invests through his firm, Bezos Expeditions .
3. Mark Zuckerberg: Holding a net worth of $198 billion, Zuckerberg retains around 13% of Meta (formerly Facebook), with its shares trading near $300, placing his stake at $78 billion. Meta’s portfolio includes Instagram and WhatsApp, which contribute to its high valuation .
4. Bernard Arnault: The chairman of LVMH, Arnault’s wealth is about $195 billion. He holds approximately 48% of LVMH, and with shares valued at roughly $800, his holdings are worth around $156 billion. LVMH encompasses high-end brands such as Louis Vuitton and Dior .
5. Larry Ellison: With a net worth of $174 billion, Ellison holds over 40% of Oracle, valued at $130 per share, making his stake worth about $67 billion. He also has investments in Tesla and owns most of the Hawaiian island of Lanai .
6. Bill Gates: Valued at $149 billion, Gates holds a 1% stake in Microsoft, valued at $327 per share. Though he’s diversified his wealth into various sectors, his Microsoft stake is still valued at approximately $17 billion .
7. Larry Page: Co-founder of Google, Page has a net worth of $145 billion. He owns around 6% of Alphabet, with shares trading at about $135. This gives his holdings an estimated value of $81 billion .
8. Steve Ballmer: The former Microsoft CEO has a fortune of $126 billion. He holds roughly 4% of Microsoft, valued at $327 per share, translating to about $80 billion. He also owns the Los Angeles Clippers .
9. Warren Buffett: With a net worth of $144 billion, Buffett’s Berkshire Hathaway stock is valued at about $550,000 per A-share, making his holdings worth roughly $110 billion. His investment conglomerate includes brands like Geico and Dairy Queen .
10. Sergey Brin: Worth $142 billion, Brin holds about 6% of Alphabet, and with shares at approximately $135, his holdings are valued at about $81 billion. He’s also invested in various tech and philanthropic ventures .
These individuals frequently experience shifts in net worth due to changes in the stock market, which influences their rankings and wealth holdings.