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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]
Elon Musk is a South African-born businessman and the wealthiest person in the world, with an estimated net worth of US$402 billion as of February 8, 2025, according to the Bloomberg Billionaires Index, [418] and $397 billion according to Forbes, [419] primarily from his ownership stakes in Tesla, Inc., and SpaceX.
The Musk family is a prominent family with roots in South Africa, Canada, England, and the United States, whose most famous member is billionaire Elon Musk.It also includes his parents Maye Musk, a model and author, and Errol Musk, a mine-owner, businessman and politician; siblings Kimbal Musk and Tosca Musk, and cousin Lyndon Rive.
Did Elon Musk come from a rich family? Musk grew up in a middle to upper-class family. Though they were quite comfortable, they had nowhere near the net worth Musk currently has.
10 celebrities you didn't know grew up super rich. Elana Klein,Priyanka Rajput. January 2, 2025 at 9:20 AM. Bruce Paltrow, Blythe Danner, and Gwyneth Paltrow in 2002. ... Nelson Peltz, Elon Musk ...
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.
Tesla CEO Elon Musk has become the first person to top a net worth of $400 billion, according to Bloomberg News. Musk's wealth, which was last counted at $384 billion by the Bloomberg Billionaires ...
Elon Musk is the richest person in the world right now, according to Forbes. He has a ton of money -- around $232 billion. But Musk didn't become mega-rich overnight. He made his huge fortune over...