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Wealth Quotes

Elon Musk redefines **wealth** as fuel for the future rather than a measure of personal luxury. To him, money is simply a database entry used to allocate resources toward solving existential threats like climate change.

"Play iterated games. All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest."
Naval Ravikant
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Source: Inspired by: Social Thread: How to Get Rich (without getting lucky)

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"The secret to wealth is simple: Find a way to do more for others than anyone else does."
Tony Robbins
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Source: Book: Money: Master the Game

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"Wealth consists not in having great possessions, but in having few wants."
Epictetus
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Source: Book: Enchiridion

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"A fit body, a calm mind, a house full of love. These things cannot be bought — they must be earned."
Naval Ravikant
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Source: Social Post: @naval on Twitter

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"Work like hell. I mean you just have to put in 80 to 100 hour weeks every week. This improves the odds of success."
Elon Musk
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Source: Interview: Vator Splash Event

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"I would rather be optimistic and wrong than pessimistic and right."
Elon Musk
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Source: Social Post: X.com @elonmusk

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"Being an entrepreneur is like eating glass and staring into the abyss of death."
Elon Musk
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Source: Podcast: Khan Academy

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"I don't create companies for the sake of creating companies, but to get things done."
Elon Musk
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Source: Interview: All Things Digital

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"I don't spend my time pontificating about high-concept things; I spend my time solving engineering and manufacturing problems."
Elon Musk
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Source: Interview: Y Combinator

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"It's okay to have your eggs in one basket as long as you control what happens to that basket."
Elon Musk
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Source: Interview: Inc. Magazine

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"I think it’s very important to have a feedback loop, where you’re constantly thinking about what you’ve done and how you could be doing it better."
Elon Musk
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Source: Interview: Mashable

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"I think it is possible for ordinary people to choose to be extraordinary."
Elon Musk
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Source: Interview: Foundation 20

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"If something is important enough, you should try; even if the probable outcome is failure."
Elon Musk
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Source: Interview: 60 Minutes

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"You have to be very rigorous about self-analysis. You want to be extra rigorous about making the best possible product."
Elon Musk
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Source: Interview: TED 2013

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"My proceeds from the PayPal acquisition were $180 million. I put $100 million in SpaceX, $70m in Tesla, and $10m in Solar City. I had to borrow money for rent."
Elon Musk
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Source: Talk: TED 2017

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"I think it's important to be able to fail. If things are not failing, you are not innovating enough."
Elon Musk
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Source: Talk: SpaceX Factory Tour

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"If you are trying to create a company, it’s like baking a cake. You have to have all the ingredients in the right proportion."
Elon Musk
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Source: Interview: Vator TV

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"The point of a company is to organize people to create a product or service. It's not a thing in itself."
Elon Musk
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Source: Podcast: Lex Fridman #338

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"Money is just a tool. It's not the end goal."
Elon Musk
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Source: Interview: CNBC

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"Wealth is just a database entry for the allocation of resources."
Elon Musk
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Source: Podcast: The Joe Rogan Experience #1169

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"If you make a product that people love, the money will follow."
Elon Musk
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Source: Interview: Wired Magazine

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"If you're co-founder or CEO, you have to do all the tasks you might not want to do... If you don't do your chores, the company won't succeed."
Elon Musk
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Source: Talk: Stanford University ETL

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"The reason I am selling my possessions is to fund a city on Mars."
Elon Musk
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Source: Interview: TED 2022

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"I don't really care about wealth. I care about the future of humanity."
Elon Musk
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Source: Interview: BBC News 2014

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"Capital is just a way of moving resources around. If you're on a desert island, a billion dollars is worth nothing."
Elon Musk
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Source: Interview: Bloomberg Technology

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"Profit is not the goal, it's the result of doing things right."
Elon Musk
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Source: Interview: Recode Decode

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"Money is a low-bandwidth way of communicating between people."
Elon Musk
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Source: Podcast: Lex Fridman Podcast #252

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"I'm selling almost all physical possessions. Will own no house."
Elon Musk
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Source: Social Post: X.com @elonmusk

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"The most important thing is to make sure that the company is moving in the right direction."
Elon Musk
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Source: Talk: Tesla Shareholder Meeting 2021

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"I don't think it's a good idea to have a lot of money sitting in a bank account. It should be deployed into things that are productive."
Elon Musk
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Source: Interview: WSJ CEO Council

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"Possessions just weigh you down. And they're kind of an attack vector. People say, 'Hey, billionaire, you got all this stuff.' Well, now I don't have the stuff—now what are you going to do?"
Elon Musk
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Source: Podcast: The Joe Rogan Experience #1470

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"I think the best way to attract capital is to show that you don't need it."
Elon Musk
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Source: Talk: Stanford University 2011

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"I'm not interested in money. I'm interested in the future."
Elon Musk
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Source: Interview: CBS News

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"I don't think people should be rewarded for doing things that are bad for the world."
Elon Musk
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Source: Interview: The Guardian

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"I don't like to talk about my wealth. I like to talk about my work."
Elon Musk
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Source: Interview: BBC News

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Why these quotes matter

Musk's ideas matter because they challenge the conventional definition of success and the purpose of capital in a global economy. He demonstrates that extreme wealth can be used as a lever for radical technological progress rather than just passive accumulation.

How to apply them daily

To apply Musk's wealth philosophy, one should prioritize the utility of capital over consumption and view financial resources as a means to solve tangible problems. It encourages a high-risk, high-reward approach to investment where the primary metric is the advancement of technology and society.

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"Wealth, in its truest form, is the capacity to turn the impossible into the inevitable for the benefit of humanity."