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Elon Musk is the wealthiest person in the world, with an estimated net worth of US$402 billion as of February 8, 2025, according to the Bloomberg Billionaires Index, [415] and $397 billion according to Forbes, [416] primarily from his ownership stakes in Tesla, Inc. and SpaceX.
But his wealth is also due to government contracts and programs that affected his two main businesses – electric vehicles and space travel. ... Elon Musk is the world’s richest person partly ...
Elon Musk. Net worth: $263.5 billion Age: 51 Source of income: PayPal Tesla, SpaceX Love him or hate him, you can't deny that Elon Musk is a phenomenal businessman. The South African-born American ...
Musk has defended his wealth by saying he is accumulating resources for humanity's outward expansion to space. [12] At the start of 2020, Elon Musk had a net worth of $27 billion. [13] By the end of the year his net worth had increased by $150 billion, mostly driven by his ownership of around 20% of Tesla stock. [14]
Elon Musk's net worth of $264 billion makes him the world's richest person. His wealth is closely tied to shares of his car company, Tesla.
Musk attempted to keep the deposition from being made public. [49] [50] In October 2023, the U.S. Securities and Exchange Commission (SEC) sued Musk over his refusal to testify a third time in an investigation into whether he violated federal law by purchasing Twitter stock in 2022. [51] [52] [53] Musk claimed the SEC was harassing him.
Elon Musk. Daily wealth gain: $20.9 billion. Net worth: $285.6 billion. Elon Musk, the CEO of Tesla, saw his wealth surge by $20.9 billion on Wednesday, further solidifying his spot as the highest ...
On May 31, 2023, Elon Musk once again became the wealthiest man on Earth as Tesla's share price rose, while the share price of LVMH, which influenced Bernard Arnault's wealth, fell due to a decline in LVMH's sales. [9] The Index reports on hidden wealth and has uncovered more than 400 hidden billionaires since its founding. [10]