- Musk to become the world’s first trillionaire
- Former Trump adviser Musk is the richest person in the world with a wealth of 500.1 billion, says Forbes’ real-time billionaires list
The wealth of Elon Musk, the world’s first ‘half-trillionaire’ The valuation of several of his companies, including Tesla artificial intelligence startup, Tesla and rocket company SpaceX, has been increasing in the last few months. Former Trump adviser Musk is becoming the richest person in the world with a wealth of 500.1 billion, says Forbes’ real-time billionaires list. The value of his electric car company Tesla and his other businesses has increased.
The BBC says that he has been able to build up so much wealth because he makes investments based on a solid calculation of how fruitful the investments he makes will be in the future, and every employee, craftsman and manager of each company also works hard.
The main source of income of this South African-born billionaire is Tesla electric cars, which accounted for 12.4 percent of his earnings as of September 15. The company’s stock rose 14 percent. On Wednesday, it rose 4 percent again, adding $9.3 billion to Musk’s wealth. According to PitchBook data, Tesla’s valuation was $75 billion as of July. CNBC says that now he is eyeing $200 billion. In July, a report was published that said, ‘SpaceX is considering a plan to invest in a $400 billion deal and sell internal shares.’
