“Musk is not just Trump's co-president—he is the head dude in charge,” says Chris Hayes on Musk calling for Republicans to shut down the government—before Trump even weighed in. Punchbowl’s Melanie Zanona joins to discuss.
How long before Trump turns on Musk? I'm guessing within 6 months Trump will be feeling threatened by Musk and have kicked him out of his inner circle.
The funny thing is that it's so easy to push Trump into being at odds with his lackeys. You just get enough if a critical mass of chatter on social media saying that the other person is the power behind the throne. And that is guaranteed to get back to Trump and make him feel threatened enough to cast that person out.
Chuck Feeney is unique on this list of billionaires who went broke because his substantial net worth loss was intentional. Feeney founded Duty Free Shoppers, the airport retailer, then launched private equity firm General Atlantic, accumulating a net worth of around $8 billion. He decided to give virtually all his money away to various domestic and international charities and philanthropic efforts over his last 40 years or so. In September 2020, Feeney closed down his philanthropy company, having given away his wealth, minus retirement savings for him and his wife.