Elon Reeve Musk is a billionaire businessman, industrial designer, and engineer. He is the founder, CEO, CTO, and Chief Designer of SpaceX; early investor, CEO, and Product Architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and original co-chairman of OpenAI.
He was elected Fellow of the Royal Society (FRS) in 2018. That year, he was listed 25th on the Forbes list of the Most Powerful Figures of the World and was ranked first on the Forbes list of the Most Creative Leaders of 2019. As of 7 January 2021, Musk’s net worth was valued at US$185 billion, making him the wealthiest man, outstripping Jeff Bezos.
Elon Musk, the outspoken billionaire behind Tesla Inc. and SpaceX, is the richest human on the planet.
A 4.8 percent electric carmaker share price surge Thursday boosted Musk past Amazon.com Inc. chief Jeff Bezos on the Bloomberg Billionaires Index, a list of the world’s 500 richest individuals.
The landmark is an extraordinary 12-month span for Musk. Over the past year, his net worth has risen by more than $150 billion, perhaps the biggest burst of wealth creation in history. It was fueled by an unparalleled surge in Tesla’s share price, which soared 743 percent last year based on steady earnings, inclusion in the S&P 500 Index, and enthusiasm from Wall Street retail investors alike.
“How strange,” Elon Musk answered, and went on to say, “Well, back to work …” Over the past year, the net worth of Elon Musk has exploded by more than $150 billion, perhaps the biggest bout of wealth formation in history, according to Bloomberg’s analysis. A tweet on his Twitter profile describes what he wants to do with the capital.
“About half my money is intended to help problems on Earth & half to help establish a self-sustaining city on Mars to ensure the continuation of life (of all species) in case Earth gets hit by a meteor like the dinosaurs or WW3 happens & we destroy ourselves,” Elon Musk states in a 2018 tweet.
After overtaking Jeff Bezos as the richest guy in the world, Mr. Musk-who has spoken about sending people to Mars in the past-has reiterated his promise.
When a Twitter account called Mars asked him, “When’s our first date? You’ve been teasing coming over,” he replied, “Playing the long game.”
Elon Musk claims he has little involvement in material stuff and few assets beyond his stakes in Tesla and SpaceX. In an interview last month, he said that he wants to use his resources to create a settlement on Mars.
“I want to be able to contribute as much as possible to the city on Mars,” stated Elon Musk. “That means just a lot of capital.”