Who are the richest people in the world?
1. ELON MUSK
Net worth: $241.3 billion
Source: Tesla, SpaceX, Twitter
Age: 51
Residence: Austin, Texas
Citizenship: EU
Musk is CEO of electric car company Tesla, rocket company SpaceX and social media company Twitter. He owns 23% of Tesla between shares and options, but has pledged more than half of his shares as collateral for loans. The car company accounts for about two-thirds of his fortune. He bought Twitter for $44 billion in October 2022 and owns about 74% of the social media company, which is now worth less than half of what he paid for it.
Musk, originally from South Africa, moved to Canada before he turned 18, worked a variety of jobs, enrolled at Queen's University in Ontario and then transferred to the University of Pennsylvania, where he earned a bachelor's degree in economics.
In 2000, he merged an online bank he co-founded, X.com, with a similar outfit co-founded by Peter Thiel to form PayPal, which eBay bought in 2002 for $1.4 billion. He founded SpaceX in 2002 in El Segundo, near Los Angeles. In 2004 he joined Tesla as an investor and president, a year after its founding; he was later granted the title of co-founder. Musk, who became CEO of Tesla in 2008, took the company public in 2010. Its market capitalization skyrocketed throughout 2020 and 2021. In September 2021, Musk became the richest person in the world. In November 2021, his fortune peaked at $320 billion.
1. ELON MUSK
Net worth: $241.3 billion
Source: Tesla, SpaceX, Twitter
Age: 51
Residence: Austin, Texas
Citizenship: EU
Musk is CEO of electric car company Tesla, rocket company SpaceX and social media company Twitter. He owns 23% of Tesla between shares and options, but has pledged more than half of his shares as collateral for loans. The car company accounts for about two-thirds of his fortune. He bought Twitter for $44 billion in October 2022 and owns about 74% of the social media company, which is now worth less than half of what he paid for it.
Musk, originally from South Africa, moved to Canada before he turned 18, worked a variety of jobs, enrolled at Queen's University in Ontario and then transferred to the University of Pennsylvania, where he earned a bachelor's degree in economics.
In 2000, he merged an online bank he co-founded, X.com, with a similar outfit co-founded by Peter Thiel to form PayPal, which eBay bought in 2002 for $1.4 billion. He founded SpaceX in 2002 in El Segundo, near Los Angeles. In 2004 he joined Tesla as an investor and president, a year after its founding; he was later granted the title of co-founder. Musk, who became CEO of Tesla in 2008, took the company public in 2010. Its market capitalization skyrocketed throughout 2020 and 2021. In September 2021, Musk became the richest person in the world. In November 2021, his fortune peaked at $320 billion.