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Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. He is also known for his ownership of X Corp. (the company that operates the social media platform X, formerly Twitter), and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI.
Elon Musk made $175.8 million when PayPal was sold to eBay in October 2002. [5] He was first listed on the Forbes Billionaires List in 2012, with a net worth of $2 billion. [6] Musk paid $455 million in taxes on $1.52 billion of income between 2014 and 2018. [7] According to ProPublica, Musk paid no federal income taxes in 2018. [8]
The company estimates Elon Musk’s net worth will surpass the $1 trillion mark in 2027, assuming his wealth growth continues at its current rate of 110% a year.
Elon Musk is projected to become a trillionaire by 2027, per Informa Connect Academy. The report's predictions are based on an individual's annual wealth growth rate.
The report predicts trillionaire status based on each individual’s average annual growth rate in wealth, and based on these predictions, Elon Musk will likely become the first trillionaire in 2027.
Musk is currently the world’s richest person, with $251 billion, according to the Bloomberg Billionaires Index. Connect Academy forecasts Musk will become a trillionaire sometime in 2027 ...
2017 Jeff Bezos United States [2] 2020 Bernard Arnault France [1] Elon Musk United States/ South Africa [1] Mark Zuckerberg United States [1] 2021 Mukesh Ambani India [3] Steve Ballmer United States [3] Sergey Brin United States [3] Warren Buffett United States [3] Larry Ellison United States [3] Larry Page United States [3] 2022 Gautam Adani ...
Amazon CEO Jeff Bezos and Spanish fashion retailer Amancio Ortega both saw a large increase in their respective net worths during 2016 and 2017 and challenged Gates for the number one spot. Bezos eventually surpassed him in 2018 and by 2021 was surpassed furthermore by Elon Musk, who was considered the richest person on Earth until mid-December ...