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Elon Musk made $175.8 million when PayPal was sold to eBay in October 2002. [5] He was first listed on the Forbes Billionaires List in 2012, with a net worth of $2 billion. [6] Musk paid $455 million in taxes on $1.52 billion of income between 2014 and 2018. [7] According to ProPublica, Musk paid no federal income taxes in 2018. [8]
After more than 3.5 million Twitter accounts supported the sale, Musk sold $6.9 billion of Tesla stock within a week, [146] and a total of $16.4 billion by year end, reaching the 10% target. [147] In February 2022, The Wall Street Journal reported that both Musk and his brother Kimbal were under investigation by the Securities and Exchange ...
The 2024 stock market boom fueled a surge in net worth gains for America's richest. Elon Musk's wealth increased by $213 billion, driven by Tesla's stock rise after the election.
The world's 10 wealthiest people added more than $500 billion to their combined fortunes in 2024. The top 20 gained $700 billion and ended the year with a total worth above $3 trillion. Elon Musk ...
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$200 billion 2022 Elon Musk United States/ South Africa [2] 2 $80 billion 2022 Jeff Bezos United States [3] 3 $78 billion 2022 Mark Zuckerberg United States [3] 4 $60 billion 2023 Gautam Adani India [4] 5 $58.6 billion 2000 Masayoshi Son Japan [3]
Today, Musk ranks as the richest person in the world, according to Bloomberg, largely thanks to his roughly 13 percent stake in Tesla, which was worth about $103 billion as of October 2024.
Musk had contributed US$70 million of his own money to the company. [27] On May 19, 2009, Germany's Daimler AG, maker of Mercedes-Benz, acquired an equity stake of less than 10% of Tesla for a reported US$50 million. [30] According to Musk, the Daimler investment saved Tesla. [31]