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Details. At the start of 2020, Elon Musk had a net worth of $27 billion. [6] 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. [7] During this period, Musk's net worth was often volatile. For example, it dropped $16.3 billion on September 8, the largest single-day ...
Oct 28, 2022 · In 1995 Elon Musk, and his brother Kimbal Musk founded the web software company Zip 2. That company was eventually purchased by Compaq in 1999 for $307 million in cash, with Mr Musk receiving $22 ...
Jan 20, 2024 · In 2020 alone, his wealth increased by $142 billion. Tesla’s share price surged to more than $400 in late 2021, making Musk the richest person in the world. In November 2021, his fortune peaked ...
Jan 7, 2021 · Getty Images. Elon Musk has become the world's richest person, as his net worth crossed $185bn (£136bn). The Tesla and SpaceX entrepreneur was pushed into the top slot after Tesla's share price ...
- Tesla Stake
- SpaceX Holdings
- Boring Company, Twitter
Although Musk said he doesn't believe in selling his shares, he has sold billions of dollars' worth of Tesla stock in the past year. One reason for offloading stakes in Tesla: a tax bill on stock optionsthat were set to expire in August 2022, with Musk telling Babylon Bee that he "needed to exercise those options no matter what." He also sold more ...
Musk's rocket business SpaceX also contributes to his wealth. SpaceX was worth $125 billion in June 2022, with Musk's ownership at about 44%, according to Bloomberg. That would make his stake worth about $55 billion, although Bloomberg estimates the value at about $47 billion, as it assigns a 15% discount typical of big private tech companies that ...
Another $3.3 billion of Musk's wealth stems from Boring Company, which is a tunnel construction company he founded. Musk also has $3 billion in Twitter stock, according to Bloomberg. He bought about 9% of the businessbefore he made his bid to purchase the company, an effort that has since gone sour and is headed to court. Cash is also a big part of...
- Associate Managing Editor, Moneywatch
- 1 min
Dec 13, 2021 · Musk still had a stake in the company, though. When eBay bought PayPal for $1.5 billion in 2002, Musk netted a $180 million mega-fortune from the deal. Musk didn’t end up relaxing with all the ...
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2 days ago · #1 Elon Musk on the 2024 Forbes 400. Subscribe To Newsletters. PROFILE. Elon Musk. CEO, Tesla. $247.5B. ... Wealth History. HOVER TO REVEAL NET WORTH BY YEAR. Forbes Lists #1. Forbes 400 (2024)
