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Elon Reeve Musk (/ ˈ iː l ɒ n / EE-lon; born June 28, 1971) is a businessman known for his key roles in Tesla, Inc., SpaceX, and Twitter (which he rebranded as X).Since 2025, he has been a senior advisor to United States president Donald Trump and head of the Department of Government Efficiency (DOGE).
Elon Musk made $175.8 million when PayPal was sold to eBay in October 2002. [9] He was first listed on the Forbes Billionaires List in 2012, with a net worth of $2 billion. [4] Musk paid $455 million in taxes on $1.52 billion of income between 2014 and 2018. [10] According to ProPublica, Musk paid no federal income taxes in 2018. [11]
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 ...
With a net worth estimated at roughly $419.9 billion USD, Elon Musk is not only one of the wealthiest people on the planet, but also one of the most polarizing. He ranks ahead of other big-name ...
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.
The Musk family is a prominent family with roots in South Africa, Canada, England, and the United States, whose most famous member is billionaire Elon Musk.It also includes his parents Maye Musk, a model and author, and Errol Musk, a mine-owner, businessman and politician; siblings Kimbal Musk and Tosca Musk, and cousin Lyndon Rive.
According to a 2016 Oxfam report, the wealth of the poorest 95% dropped by 38% between 2010 and 2015, due to an increase in the global population by 400 million. [18] In the same period, the wealth of the richest 62 people between the World's Billionaires increased by $500bn (£350bn) to $1.76tn. More recently, in 2017 an Oxfam report noted ...
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 ...