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For example, Elon Musk likely met his 2023 Social Security tax obligation just a few seconds after showing up to work on Jan. 3, 2023 — the first official workday following the New Year’s holiday.
Elon Musk Net worth: $193.3 billion The Tesla CEO, who currently holds the title of the world's richest man, recently moved from California, a high-tax state, to Texas, which has no income tax.
Elon Musk is the world’s richest person partly due to his companies’ impressive innovations. But his wealth is also due to government contracts and programs that affected his two main ...
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]
Under Biden’s proposal, Musk’s tax bill would have totaled $3 billion for 2018 through 2022 — nearly seven times higher than what he paid. The 25 wealthiest Americans paid $13.6 billion in ...
And throughout 2024 Mr Musk has been locked in a legal battle over a $56bn pay package from Tesla with a Delaware judge rejecting his claim to it for a second time in December.
Tesla CEO Elon Musk says he is paying more than $11 billion in taxes this year. The statement comes after Sen. Elizabeth Warren tweeted that Musk should pay taxes and stop freeloading off everyone ...
The business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.