Musk, whose wealth is pegged at $240 billion byBloomberg, hasn't always been at the top of the heap. In early 2020, his wealth was just one-tenth of where it stands today, with his then-fortune of $25.6 billion placing him below the likes of Amazon CEO Jeff Bezos and Facebook CEO ...
Elon Musk, seen as one of the most visionary tech entrepreneurs from the Silicon Valley scene, started his “career” as anentrepreneurat an early age. After selling his first startup, Zip2, in 1999, he made $22 million, which he used to found X.com, which would later become PayPal, ...
Elon Musk’s journey to immense wealth was not without risks. Throughout his career, he took calculated risks, investing significant amounts of his own money and resources into ventures with uncertain outcomes. While some risks paid off handsomely, others presented challenges. Nonetheless, his willi...
The story of Tesla and Elon Musk can be traced back to the early 2000s, when Musk was ousted as CEO of his first company, PayPal. That incident taught Musk a crucial lesson about the importance of being in control, even when it wasn’t your own company. ...
How Elon Musk makes and spends his billionsEmmanuel OcbazghiTanza Loudenback
How Elon Musk Built His Fortune—And Became the Richest Private Citizen in the World If you want to become a billionaire—and you didn’t happen to be born into the Saudi royal family—there are a few ways to get the job done. You could come up with one seriously good idea, like a...
Trump, for his part, has expressed enthusiasm about his growing alliance with the billionaire. At a recent campaign rally in Grand Rapids, Mich., Trump said of Musk: “We have to make life good for our smart people and he’s as smart as you get.” ...
“Yes, but this is actually a good thing. It has been raining money on fools for too long. Some bankruptcies need to happen. Also, all the Covid stay-at-home stuff has tricked people into thinking that you don’t actually need to work hard. Rude awakening inbound!” Musk wrote. ...
Bob Iger and Elon Musk both hit the ground running with their respective businesses, Disney and Twitter. One is being cheered on by his employees. The other, not so much.
Elon Musk, who owns an estimated 42% stake in SpaceX, has seen his net worth increase substantially with the company's rising valuation.5 The recent valuation adds about $40 billion to his wealth, offsetting losses from other ventures and reinforcing his position as the world's richest indivi...