Elon Musk Says Happiness Peaks Fast Once You're a Billionaire — 'You Hit That Saturation Point Pretty Fast'

Money can buy a yacht, a mansion and a trip to space. But apparently, it can't buy 10 times the happiness. Tesla, Inc.(NASDAQ:TSLA) and Space Exploration Technologies Corp.(NASDAQ:SPCX) CEO Elon Musk, the world's richest person and the first trillionaire in history, says the difference between having $1 billion and $10 billion is less about personal happiness and more about figuring out what to do with all that money. "There's a limit to what any single human can consume. You hit that saturation point pretty fast," Musk told biographer Walter Isaacson on "The Builders" podcast released Oct. 20. Musk argued that increasing a fortune tenfold doesn't translate into 10 times the happiness or material possessions.