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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]
The Musk family was wealthy during Elon's youth. [17] Despite both Elon and Errol previously stating that Errol was a part owner of a Zambian emerald mine, [ 17 ] in 2023, Errol recounted that the deal he made was to receive "a portion of the emeralds produced at three small mines".
Now worth well over $395 billion, Elon Musk’s wealth soared by another $10 billion today. All as Tesla (TSLA) – which now has a market cap of $1.1 trillion – rockets about 4%, or $13.45 ...
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.
Elon Musk is the world’s richest person partly due to his companies’ impressive innovations. But his wealth is also due to government contracts and programs that affected his two main ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 11 February 2025. Wikimedia-List The following Forbes list of South African billionaires is based on an annual assessment of wealth and assets compiled and published by Forbes magazine in 2023. 2023 South African billionaires list World Rank Name Citizenship Net worth (USD) Source of wealth 2 Elon Musk ...
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 ...
“Welcome to the Elon Musk presidency,” Democratic Rep. Robert Garcia of California wrote on X. What was clear, though, is Musk’s ascendance as a political force, a level of influence enabled by his great wealth. In addition to owning X, Musk is the CEO of Tesla and Space X.