Comment by eru
That seems pretty silly. Why keep your wealth as cash in a safe?
(And why not use a fraction of the money to buy a second safe, if you really have to keep it in a safe at home.)
That seems pretty silly. Why keep your wealth as cash in a safe?
(And why not use a fraction of the money to buy a second safe, if you really have to keep it in a safe at home.)
I know nothing about this specific situation, so I'm not speak to that. I am speaking to "why keep your wealth as cash in a safe?"
I'm old enough that grandparents lived through the great depression. I know they kept wealth in a safe. A lot of their kids did as well. The grandparents had their gold money taken away, or their cash disappeared in banks. A lot of their kids followed along.
Being gen X, Elon has parents/grandparents that lived through the great depression and world war. That along with any other local factors makes keeping wealth in a safe not that unusual.