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Elon Reeve Musk (/ ˈ iː l ɒ n /; born June 28, 1971) is a businessman known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. His other involvements include 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.
Musk donated more than $10 million in 2023 to support the Ron DeSantis 2024 presidential campaign. [34] In 2024, Musk created America PAC [35] to support the Donald Trump 2024 presidential campaign and donated more than $118 million to it. [36] [37] Musk gave $20.5 million to RBG PAC which supported Donald Trump in the 2024 Presidential ...
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.
Over the course of the 2020s, depending on the source and the year, the world's richest person has been reckoned to be Jeff Bezos, Bernard Arnault and family, or Elon Musk. In 2019, 19 people became billionaires. Four were a result of death or divorce, including Julia Koch, and Jeff Bezos's former wife MacKenzie Scott. [14]
A record of 2,208 billionaires were in the ranking and the total wealth was $9.1 trillion, up 18% since 2017. For the first time, Jeff Bezos was listed as the top billionaire due to Amazon's rising stock price that resulted in one person's biggest one-year gain in wealth ($35 billion) since Forbes started tracking in 1987. [ 16 ]
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.
Now, Musk could become the world’s first trillionaire, a milestone that Informa Connect Academy says he’s on track to hit by 2027. Informa notes that Musk’s net worth has been growing ...