outlined how $6 billion of Musk's wealth could help fight world hunger, but at the time the filing did not specify the name of the charity that received Musk's gift.
By the end of last year, the Musk Foundation had about $9.4 billion in assets, Bloomberg reported, citing a tax filing the publication had obtained.The foundation distributed about $160 million last year — its most to date — per Bloomberg. The charity gifted $55 million to St. Jude Children's Research Hospital and another $54 million to the X Prize Foundation. Separately, Musk
Great investigative work.
...and why should I care what he chooses to do with his own money?
🤣🤣🤣
Who paid for this piece?
FTX?
You would think businessinsider would have the financial acumen to explain why a billionaire would set up this strategy. By sending donation to his charity, income taxes don't need to be paid on it. This itself isn't scandalous. How the charity spends the money is what matters
What a business man.
Tax breaks?
what is the source. reportedly is bs. elonmusk
Gates Foundation... LMFAO.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: PolitiFact - 🏆 17. / 71 Read more »