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‘Money cannot buy happiness’, says world’s richest man, Elon Musk

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Tesla chief executive officer, Elon Musk, has sparked fresh debate on the link between wealth and personal wellbeing after saying that having money does not guarantee happiness.

Musk made the remark on Thursday in a post shared on X, where his comment quickly drew reactions from users discussing whether wealth truly leads to a fulfilled life.

“Whoever said ‘money can’t buy happiness’ really knew what they were talking about,” the billionaire posted.

The post has since racked up more than 33 million views, about 26,000 reposts and thousands of comments, sparking widespread engagement and mixed reactions from users online at the time of this report.

While some agreed that wealth does not insulate people from personal struggles, others argued that money significantly improves quality of life.

However, Musk did not provide further context for the post.

The tech mogul, whose net worth has fluctuated sharply in recent years amid swings in Tesla’s share price, has often spoken publicly about the pressures that come with extreme wealth and leadership.

The billionaire entrepreneur has also been in the spotlight for his expanded role in US politics and regulation, as well as ongoing scrutiny of his businesses, including Tesla, SpaceX, and X.

On December 16, 2025, Musk became the first person in the world to hit a net worth of $638 billion.

Data from Bloomberg Billionaires Index (BBI), showed that tech billionaire’s wealth jumped by 42.7 percent within a year from December 2024.

On October 28, Musk who is also the founder of xAI, the billionaire’s artificial intelligence (AI) firm, announced the launch of Grokipedia, an online encyclopedia.

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Pearl Essien is a digital content creator and a graduate of the prestigious University of Calabar. With over four years of experience in writing, she specializes in crafting engaging stories that inform and inspire readers. Outside of her work, Pearl enjoys storytelling, reading, and playing table tennis, bringing the same curiosity and passion to her hobbies as she does to her writing.

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