Elon Musk’s Wealth = Bill Gates + Warren Buffett

Elon Musk, the founder of Tesla and SpaceX, has been showing that he will rise to the top of the list of the richest people, which he entered the top 50 only 2 years ago, with the steps he has taken for years. Tesla, with its new factory in Berlin, Germany, where it will produce a car body and beer in 45 seconds; While riveting its place as the world’s largest automobile company, this situation also worked for the company’s CEO, Elon Musk.

91-year-old investor Warren Buffett, born in 1930; He spent most of the 2000s as the richest person in the world, then left his place to Bill Gates, whom we are talking about with scandals. Amazon CEO Jeff Bezos replaced Gates in 2020 with the effect of the pandemic. Although Bernard Arnault, owner of Louis Vuitton and textile emperor, joined the competition, Elon Musk, the most extraordinary example of technology bosses, was almost enough.

Elon Musk is now as rich as Bill Gates and Warren Buffett combined:

Musk’s fortune is currently $ 230 billion (!). Bill Gates, 6th on the list, has $130 billion, while Warren Buffett, 10th, has $100 billion. Buffett and Gates, who are now in their prime, have spent many years spending their fortunes on art baskets, charities and causes. On the other hand, Musk, who is the young side of the list, and Jeff Bezos, who has exactly 195 billion dollars, continue to compete for the summit. Of course, Musk has put a serious difference on Bezos in a short time. The space rivalry between the two is another topic on the agenda.

How did Elon Musk suddenly become so rich?

In fact, it is not a coincidence, but for those who know about Musk’s past, the reason for this wealth is much clearer. The ancestor of the online money payment system sold his company X.com, which we would later know as PayPal, to Bay in 2002. Musk earned $180 millionHe was a rich young man back then. However, he did not act like every rich young man and used this money wisely.

Musk, who invested $6.5 million in the newly established and almost worthless Tesla in 2003, eventually became the owner of the company. Tesla has dozens of factories that produce 4 to 5 times more cars than it does with its share income through the end of 2019 and throughout 2020. Leaving companies like Toyota and Volkswagen behind became the world’s largest automobile manufacturer.

In 2021, Tesla continued to add value to its shares both with the huge factory it will open in Berlin and with its exciting new vehicle models. In addition, SpaceX, the largest space transportation company founded by Musk after 2003, has recently $100 billion share income achieved. This income added $60 billion to Musk’s personal wealth.

The current situation on the list of the richest people in the world is as follows:

• Elon Musk (Tesla, SpaceX): $214.8 billion / $230 billion according to Bloomberg
• Jeff Bezos (Amazon, Blue Origin): $197 billion
• Bernard Arnault and family (LVMH): $180 billion
• Bill Gates (Microsoft, Gates Foundation): $130 billion
• Larry Ellison (Oracle): $125 billion
• Larry Page (Google): $120 billion
• Sergey Brin (Google): $116 billion
• Mark Zuckerberg (Facebook): $116 billion
• Mukesh Ambani (Reliance): $103 billion
• Warren Buffett (Investor): $100 billion

In the meantime, let’s remind you that Musk has as much personal wealth as Google’s two founders, Sergey Brin and Larry Page combined. Another interesting link between these three names is YouTube; because the 3 founders of the video platform were working at PayPal, which Musk sold in 2002.