They got rich the same way rich people everywhere get rich - by exploiting impoverished and disempowered labor to the max. The only difference with the Apartheid-regime (to whom Elon owes his riches) was that they were pretty overt when it came to who it was that got to be the impoverished and disempowered labor.
To be clear… that hasn’t really changed all that much in South Africa. But, then again, it hasn’t really changed in the US, either.
Wait do you mean any day now we could be confronted with the revelation that South African mining companies under apartheid weren’t exactly top of the class in business ethics? But how
He didn’t get rich from the emerald mine. Its a real thing, but he only made around 400k (in 2021 dollars) on his roughly 200k investment. He didn’t own it either.
Any actual riches were something else.
Not to say that 200k is nothing, but it’s not the source of any rich level money his father had.
What do you mean by this?
The answer is, I do not know.
People like Elon’s family didn’t get rich in an emerald mine without Tesla’s business ethics. After all, who do you think Elon learned it from?
And was Elon’s family the only one? Are we sure of that? Corruption like that doesn’t happen in a vacuum and not without support.
They got rich the same way rich people everywhere get rich - by exploiting impoverished and disempowered labor to the max. The only difference with the Apartheid-regime (to whom Elon owes his riches) was that they were pretty overt when it came to who it was that got to be the impoverished and disempowered labor.
To be clear… that hasn’t really changed all that much in South Africa. But, then again, it hasn’t really changed in the US, either.
Wait do you mean any day now we could be confronted with the revelation that South African mining companies under apartheid weren’t exactly top of the class in business ethics? But how
I’m shocked!! SHOCKED I SAY!!
He didn’t get rich from the emerald mine. Its a real thing, but he only made around 400k (in 2021 dollars) on his roughly 200k investment. He didn’t own it either.
Any actual riches were something else.
Not to say that 200k is nothing, but it’s not the source of any rich level money his father had.
The whole emerald mine story has been overblown.