Not to take anything away from Elon Musk’s financial achievement, but understanding the difference between sovereign wealth and subordinated wealth is useful when saying that he has become the world’s first trillionaire. People see Forbes rankings and think that’s where the real money is. The House of Saud, Abu Dhabi’s Al Nahyan family, Qatar’s Al Thani family, the Rothschilds, the Rockefellers, sovereign wealth families, and the broader financial-industrial complex have spent generations building influence over capital, banking, energy, debt markets, institutions, and the rules of settlement itself. Most billionaire wealth is marked-to-market. It is a quoted value based on public company shares, liquidity, credit conditions, lenders, institutional shareholders, asset managers, and collateral rules. Direct control of wealth is different. Much of the world’s wealth is not publicly visible. Private companies, trusts, foundations, sovereign entities, and offshore structures rarely appear on rich lists. Privacy, control, and asset protection are features of wealth preservation, not bugs. You’re a trillionaire when you can send a trillion dollars of Bitcoin in a single transaction (and nobody in the world can do that yet), or load a trillion dollars of gold onto a ship in your name and move it without permission. Everything else is subordinate to someone else’s balance sheet, rules, and approval. Visible wealth and actual financial power are not the same thing. I encourage sovereign wealth over subordinated wealth. Only sovereign wealth is true freedom. Follow the money.

@SimonDixonTwitt Simon ur saying things of so little value. Hardly anything that uve said has come to light. Its getting old sir.