It is the fact that Tesla's share price has increased more than seven-fold in the past year that has sent Elon Musk's fortune rocketing past that of Jeff Bezos. 1. He ended 2020 with a net worth of $170 billion. Why is that statement controversial? Elon Musk Net Worth Elon Musk Net Worth January 19, 2023 by admin [wpcode id=23] January 18, 2023 by admin Age 18 44 Exclude married Race Any color On January 7, 2021 Elon's net worth hit $195 billion. For reprint rights: Times Syndication Service, Jack Dorsey rues Elon Musk deal, says it all went south, : Is silver shining more than gold? The brothers sold Zip2 to Compaq in 1999 for $307 million in cash and $34 million in stock. Indias growth more stable on healthy macros: Finance ministry, Adani Ports starts $130 million buyback of debt securities, Not cheating if man had told live-in partner he was married: Calcutta HC, From free cylinders to UCC: Key promises in BJP's K'taka manifesto, What India's 24 lakh ponds, wells and tanks add up to, Can dissolve marriage on ground of irretrievable breakdown: SC, Live: Sidhu meets wrestlers as protest enters Day 9, Live: PM has to understand K'taka poll not about him, says Rahul, The hijab is a liberation from capitalisms beauty myth, Covid-19: India sees 27% decline in weekly cases, 14 messaging apps banned by govt for spreading terror: Details, 'I wanted to prepare him differently': How Yashasvi raised his game for IPL 2023, Terms of Use and Grievance Redressal Policy. All Rights Reserved. That would easily secure his place as the richest human who ever lived. Read about our approach to external linking. "For those wondering, I will pay over $11bn in taxes this year," the billionaire responded. Very little time for recreation. Within three years Elon unlocked all 12 tranches of the compensation plan as Tesla's market cap ultimately zoomed above $1 trillion for the first time in October 2021. Musk was worth $302 billion as of Thursday, according to the Bloomberg Billionaires Index. In 1999 a division of Compaq Computer bought Zip2 for $307 million in cash and $34 million in stock options. Powered and implemented by FactSet. He dove directly into his career plans, dropping out of Stanford two days after the first semester began. This made him one of the richest people in the world, and his wealth has continued to increase rapidly over the past few years, largely due to the soaring stock prices of his Mr Bezos is also using his personal wealth to fund space exploration, The secret mine that hid the Nazis' stolen treasure. It's extremely difficult to say, but I'm going to stick with the generally accepted estimate of $340 billion. By the time Forbes revealed 2021s list of richest people in the world, Read about our approach to external linking. First published on October 29, 2021 / 10:15 AM. Musk also donates periodically to charity, putting out a call on Twitter this week for ideas on ways to donate money that really make a difference.
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