Main navigation

Elon Musk Now Worth 861 Billion DOGE, He Plans to Use It to Extend Life to Mars

News
Sat, 10/16/2021 - 08:25
article image
Yuri Molchan
Elon Musk’s net worth in Dogecoin totals 861 billion coins, he hopes that’s enough to start a permanent colony on Mars in the future
Elon Musk Now Worth 861 Billion DOGE, He Plans to Use It to Extend Life to Mars
Cover image via www.youtube.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Read U.TODAY on
Google News
Contents

Centibillionaire Elon Musk, the wealthiest man in the world now, has a net worth of around 209 billion dollars. That is 861 billion Dogecoins.

While Elon Musk hopes this money will be enough to extend human life to Mars ultimately, some in the DOGE community dream about DOGE becoming the currency on the red planet in the future.

Elon Musk is worth 861 billion Dogecoin

Dogecoin YouTuber Matt Wallace has bothered to calculate Elon Musk’s fortune into the DOGE equivalent. With the USD net worth being $209.4 billion, its equivalent in the most popular meme cryptocurrency is approximately 861 billion DOGE, according to Wallace’s tweet (actually, at the present exchange rate, that’s $205.9 billion in DOGE).

The YouTuber tweeted that this is more than the net worth of Warren Buffett ($101.6 billion) and Bill Gates ($132.4 billion) put together.

Tesla and SpaceX CEO responded that he hopes his current fortune is enough to set up a permanent colony on the red planet. He is believed to be one of the largest Dogecoin holders in the world and Musk has recently admitted that he does hold DOGE. However, the amount of the meme coin he owns has not been disclosed.

Recently, Elon Musk sent Amazon founder Jeff Bezos a silver medal emoji on Twitter with a 2 on it, trolling Bezos regarding the size of his fortune compared to Musk’s net worth – $192.2 billion versus $205.9 billion.

Some Dogecoin fans in the comment thread tweeted that DOGE may well become an official currency on Mars in the future.

Related
Ether Predicted to Hit $4,900 Soon by Tom Lee's Fundstrat

Musk is keen on DOGE to evolve

As reported by U.Today earlier, Tesla chief stressed the importance of DOGE fees dropping and he has been also working with the Dogecoin team on it.

Earlier this week, he supported the tweet of DOGE co-founder Billy Markus, in which the latter urged members of the Dogecoin community to run DOGE nodes on their computers.

article image
About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.