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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]
Elon Musk saw the biggest gain in wealth this year, with the Tesla CEO adding a staggering $213 billion to his net worth. ... Total net worth: $160 billion Source of wealth: Microsoft. 11. Warren ...
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman and political figure known for his key roles in the automotive company Tesla, Inc. and the space company SpaceX. Since January 2025, he is serving as Administrator of the Department of Government Efficiency (DOGE), under the second Donald Trump presidential ...
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 ...
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.
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]
With a little help from Trump, Elon Musk is the first person to reach $400 billion in net worth. That's more than Jeff Bezos and Bill Gates combined. ... Musk has added about $218 billion to his ...
[27] [28] The funding included $7 billion of senior secured bank loans; $6 billion in subordinated debt; $6.25 billion in bank loans to Musk personally, secured by $62.5 billion of his Tesla stock; $20 billion in cash equity from Musk, to be provided by sales of Tesla stock and other assets; and $7.1 billion in equity from 19 independent investors.