Elon Musk Is Richer Than Anyone Realized

• By thegreenbunk
• December 10, 2020
• Biography Entrepreneurs
• With 0 comments

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Elon Musk has a net worth of about $131.7 billion, and he’s now the second richest person in the world. His net worth has skyrocketed in the last year because Tesla’s share price has risen dramatically. Most of Elon Musk’s net worth is associated with Tesla. He owns about 20% of the company and uses stock options to fund his other business ventures like SpaceX, Neuralink, and the Boring Company. Musk spent $100 million to found Space X in 2002, and today his stake in the company is worth about $15.3 billion. Experts predict that SpaceX could soon be worth much as $100 billion thanks to Starlink, which is the company’s groundbreaking satellite Internet constellation. Musk is in the process of liquidating his real estate portfolio. He wants to sell all his mansions and live a more minimalist life. Musk is now richer than Bill Gates, Warren Buffett, and Mark Zuckerberg. He is on the verge of surpassing Jeff Bezos to become the richest person on Earth. If Musk hopes to pass Jeff Bezos on the billionaires list, then Tesla will have to be more successful than Amazon. Tesla is involved in battery production, solar panels, and aeronautics – these segments could grow rapidly in coming years and eventually be more valuable than auto manufacturing. Musk spending $1.35 million is like the average American spending $1. Musk is so rich that he’s worth more than multiple major American companies, including Starbucks and Exxon. Watch this video to learn everything about Elon Musk’s wealth.


Chapters
00:00 Intro
00:43 Elon Musk
01:44 How he Spends his Money
04:07 Net Worth Comparison
05:42 Musk vs. Bezos





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