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The Musk family was wealthy during Elon's youth. [18] Despite both Elon and Errol previously stating that Errol was a part owner of a Zambian emerald mine, [ 18 ] in 2023, Errol recounted that the deal he made was to receive "a portion of the emeralds produced at three small mines".
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]
Musk's second largest source of wealth is SpaceX. The billionaire owns about a 42% stake in the space exploration company with a total value of just over $80 billion, according to Bloomberg.
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 ...
Musk receiving the Order of Defence Merit from the Brazilian Armed Forces in 2022 [6]. Awards for his contributions to the development of the Falcon rockets include the American Institute of Aeronautics and Astronautics George Low Transportation Award in 2008, [7] the Fédération Aéronautique Internationale Gold Space Medal in 2010, [8] and the Royal Aeronautical Society Gold Medal in 2012. [9]
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, already the richest man in the world, saw his wealth grow by an astonishing $34 billion in a single day on Thursday, cementing his lead atop the ultrarich rankings.
Elon Musk is the owner of multiple companies, the wealthiest individual in the world, and a special government employee.Having rejected the conservative label, Musk has described himself as a political moderate; his views have become more right-wing over time, and have been characterized as libertarian and far-right.