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Elon Musk is building a 14,400-square-foot mansion for his large family. He wants his 11 children and two of their three mothers to live in adjacent properties. The project costs around $35 million. Musk also owns a nearby six-bedroom house where he often stays. Musk aims to spend more time with his children.
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So, from the peak to correct around 15% kinds is I would say, but beyond that I would say then they start looking attractive again from a three to five years perspective because none of the problems are really balance sheet oriented problems, they are all more P&L related problems and more valuation issues.
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ByteDance founder Zhang Yiming is now Chinas richest person with net worth of $49.3 billion. India's richest man Mukesh Ambani has a significantly higher net worth of $102 billion. Chinas total billionaire wealth decreased by 10% while India's billionaires increased. The Hurun China Rich List saw the lowest new additions in two decades.
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