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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]
The drop in TSLA stock caused CEO Elon Musk to lose $10.1 billion, one of his single-largest declines in net worth. Only an $18 billion loss at the end of January when Tesla missed earnings caused ...
After reaching a net worth of more than $486 billion in December, Elon Musk’s wealth has sunk below $400 billion for the first time in 2025. Tesla—where Musk derives about 60% of his wealth ...
Elon Reeve Musk was born on June 28, 1971, in Pretoria, South Africa's administrative capital. [ 3 ] [ 4 ] He is of British and Pennsylvania Dutch ancestry. [ 5 ] [ 6 ] His mother, Maye ( née Haldeman ), is a model and dietitian born in Saskatchewan , Canada, and raised in South Africa.
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The world's 10 biggest wealth gainers have grown $790 billion richer in 2024. Elon Musk leads the list with a $257 billion gain that has boosted his net worth to $486 billion.
Elon Musk seems allergic to boredom as the billionaire is spearheading yet another venture: X Money. For Musk, co-founding seven companies wasn't enough. Now -- under his leadership -- a new,...
Elon Musk, already the richest man in the world, saw his wealth grow by an astonishing $34 billion in a single day on Thursday, cementing his lead atop the ultrarich rankings.