Search results
Results from the WOW.Com Content Network
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.
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 has since surpassed John D. Rockefeller as the richest person in the history of the United States, and of modern history, according to size of wealth compared to GDP. On December 2024 his wealth reached $474 billion dollars (1.61% of USA's GDP at that year) compared to Rockefeller's 1.5% at the height of his wealth. [5]
But the tech mogul's wealth comes from a number of sources and it isn't stable. Musk is currently the world's richest person and other billionaires are close on his heels, too: Jeff Bezos is $43 ...
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 ...
Elon Musk began building his fortune by starting the company Zip2. The company was acquired by Compaq in 1999 for $307 million, of which a 27-year-old Musk pocketed $22 million. After he went on ...
Source(s) of wealth 1: Elon Musk: $411.5 billion 53 South Africa Canada United States Tesla SpaceX. xAI. 2: Jeff Bezos: $257.3 billion 61 United States Amazon Blue Origin: 3: Mark Zuckerberg: $250.8 billion 40 United States Meta Platforms: 4: Larry Ellison: $197.1 billion 80 United States Oracle Corporation: 5: Bernard Arnault: $192.7 billion ...
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 ...