Elon Musk is the 5th-wealthiest person in the world, according to Forbes - Business Insider

. Since then, his net worth has nearly tripled, and he has vaulted up the list, passing Warren Buffet, Phil Knight, and Michael Bloomberg on the way.

The majority of Musk's wealth is tied to shares in his companies, Tesla and SpaceX. Tesla's value has increased by $200 billion since March, frequently hitting record highs after delivering stronger-than-expected vehicle delivery numbers. A smaller fraction of his wealth — about $100 million — is tied up in real estate. But that's likely to change. In May, Musk announced that he planned to sell all of his worldly possessions, and listed nearly $40 million of property.Like many automakers, Tesla has had a tumultuous few months as Americans increasingly stayed inside during shelter-in-place guidelines. Since March, the company's only US car factory faced shutdowns due to the coronavirus.

Despite these hurdles, Tesla went on to deliver 90,650 vehicles to customers in Q2, topping Wall Street predictions byIn addition, Tesla's stock has been boosted by speculation that the company could be added to the S&P 500 after. Tesla also announced that it will be presenting new battery technology at a "Battery Day" in September.

Still, Tesla's meteoric stock price has perplexed analysts — and even Musk himself, who sent the stock tumbling after tweeting out that he felt it was overvalued.

Proving the richer one gets the more likely they may be do wrong to a larger set of humankind... KillStarlink

Elon is the coolest dude no matter how much money he owns . He has a big heart , amazing sense of humor and he is changing the world for better everyday .

He does not give a F. About that

And nobody give a phuck either.

why did dump all his real estate? why is he cash poor in his previous tweets.

Net worth too high imo

Reminder that he slashed his workers wages *in a pandemic*. Tax the rich.

space elevator let's go elon

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the life of a pregnant mental health counselor during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No one cares.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Elon Musk, Alex Berenson reportedly discussed launching a publication - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Plandemic. passthebeano 🤣🤣 *Plandemic
Source: BusinessInsider - 🏆 729. / 51 Read more »

Elon Musk qualifies for second massive payday thanks to Tesla's tear - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. check out most recent! I hate my Tesla. Is he paying the cult commissions?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider's best investing stories of the week ended July 21 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »