Elon Musk Is The Richest Person In History With A Net Worth Nearing $300 Billion. How? | Forbes

Elon Musk Is The Richest Person In History With A Net Worth Nearing $300 Billion. How? | Forbes

Elon Musk is one of Silicon Valley's most ambitious entrepreneurs. In recent years, the share prices of his companies Tesla Motors and SpaceX have skyrocketed, and Musk himself plans to completely change the transportation industry. Musk's fortune is estimated at $16.6 billion, and it's obvious that he didn't earn it all in one night. Here are a few of the ways he made money before he became a billionaire.

Tesla and SpaceX founder Elon Musk for the first time topped Forbes magazine's annual ranking of the world's richest people. By March 11, 2022, the businessman's fortune was estimated at $ 219 billion, he pushed Amazon founder Jeff Bezos off the first line, which was its last four years.

The reason for Musk's capital growth is said to be the growth of Tesla stock quotes, which rose in price by one-third during the reporting year. Bezos's fortune during this time decreased by $6 billion because of the decline in the value of Amazon securities by 3%.

The main assets of Musk are stocks of the electric-car manufacturer Tesla, he owns 172,6 million shares, or 17% of the company, and almost 44% of SpaceX space company. According to the businessman, he paid more than $11 billion in taxes in 2021 and will be the largest private taxpayer in the U.S.

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