Elon Musk has eclipsed Jeff Bezos as the world’s richest person, although his fortune, like that of many billionaires, is based on his stock holdings.
Elon Musk soared to billionaire status after joining the privileged club in 2012, and he now sits atop the list ten years later.
How does Elon Musk make his money?
Elon Musk’s fortune is largely derived from his stake in Tesla, the electric car company of which he is the CEO.
Musk has dabbled in a variety of initiatives throughout the course of his career, including online payment systems, artificial intelligence, and transportation above, below, and into space.
How much is Elon Musk worth?
With a net worth of $220.2 billion as of February 27, 2022, Elon Musk, the co-founder and CEO of Tesla, is the richest person on the planet.
Who will inherit Elon Musk’s $220.2 billion fortune?
Even though his family will be the primary beneficiaries of his income, Elon Musk is known for his charitable work and donations, so it’s likely that a portion of his fortune will be invested in philanthropic endeavors.
