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21 Jan 2021


Elon Musk’s billionaire net worth blasted by Bernie Sanders in brutal social media swipe

Elon Musk’s billionaire net worth blasted by Bernie Sanders in brutal social media swipe 

Elon Musk’s net worth is $183.8 billion (£134.4 billion) as of Tuesday according to Forbes. But the Democratic House Representative Bernie Sanders blasted the billionaire by comparing his wealth to the American minimum wage.

Writing on Facebook, Mr Sanders said: “Wealth of Elon Musk on March 18, 2020: $24.5 billion.

“Wealth of Elon Musk on January 9, 2021: $209 billion,” the Senator wrote.

“US minimum wage in 2009: $7.25 an hour. US minimum wage in 2021: $7.25 an hour.

“Our job: Raise the minimum wage to at least $15, tax the rich & create an economy for all.”

Mr Sanders has attempted to run for US President several times and often expresses his opinions towards billionaires.

The senator berated the wealthy in his 2016 and 2020 campaigns.

In September 2019 while running for Democratic presidential candidate, Mr Sanders proposed a new wealth tax to fund social programmes.

He claimed the policy would help fund initiatives including childcare, universal health care and affordable housing.

READ MORE: Elon Musk becomes world’s richest person AGAIN – jumping Jeff Bezos

Social media users attacked Mr Sanders for his recent comments on Mr Musk’s net worth.

One user responded: “Only tax actual profits. That’s Elon’s net value primarily made up of his shares he still owns. It’s only profit if he sells.”

Another user wrote: “The issue here isn’t so much that Elon’s company Tesla’s stock has gone up, it’s that the managers and company owners who employ the minimum wage workers are buying that many new Tesla cars for themselves and not raising the wages of their employees.

“Some doing this while laying their employees off during a pandemic and taking in federal aid simultaneously.”

A third social media user claimed Mr Sanders attack on Mr Musk was a “horrible” example.

He said: “Horrible example… Elon’s “wealth” is up because he dumped 1/2 his money into green initiatives and with Dems taking control of senate his stock went up.

“I would hate to see us tax Elon’s investment in Green which is not money but company ownership. Government should be enabling and encouraging more Elon’s.

“Also, Elon’s employees get paid very well (over $15), unlike campaign workers for politicians.”

In August, Mr Sanders proposed that Mr Musk should pay a one-time $27.5 billion tax (£20.1 billion).

Mr Musk responded to the senator’s proposal on Twitter with a meme of Mr Sanders.

The caption on the meme read: “Official Bernie Sanders Drinking Game! Every time The Bernster mentions a free government program, chug somebody else’s beer!”

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