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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] During this period, Musk's ...
A 2009 lawsuit settlement with Eberhard designated Musk as a Tesla co-founder, along with Tarpenning and two others. [76] [77] As of 2019, Musk was the longest-tenured CEO of any automotive manufacturer globally. [78] In 2021, Musk nominally changed his title to "Technoking" while retaining his position as CEO. [79]
Musk's net worth began a rapid ascent at the start of the pandemic as Tesla stock prices soared. Musk started 2020 with an estimated net worth of just under $30 billion and was worth around $170 ...
Elon Musk’s Net Worth. Elon Musk is currently one of the richest people in the world with an estimated net worth of $239.9 billion. Though the list often fluctuates as it can be a tight footrace ...
In 2004, Musk began investing in Tesla, Inc., an automotive and energy company, known for its pioneering electric vehicles. Today, Musk serves as CEO of the car and battery storage manufacturer.
Tesla was incorporated (as Tesla Motors) on July 1, 2003, by Martin Eberhard and Marc Tarpenning in San Carlos, California. [2] [3] [4] The founders were influenced to start the company after General Motors recalled all its EV1 electric cars in 2003 and then destroyed them, [5] and seeing the higher fuel efficiency of battery-electric cars as an opportunity to break the usual correlation ...
Elon Musk is almost $200 billion richer than Jeff Bezos and worth more than Costco. His net worth hit $447 billion after Tesla stock jumped and SpaceX's valuation rose to $350 billion.