Billionaire entrepreneur Elon Musk is often in the news, whether for his dad-dancing or headline-grabbing baby name choices.
He’s also known for his many business pursuits, including a £31.5 billion offer to buy out social media platform Twitter.
Musk is already the founder of Paypal, as well as founder and CEO of SpaceX, and is perhaps mostly widely-known as CEO and an early investor in electric car powerhouse Tesla Motors.
Also in his portfolio are Neuralink, which aims to connect human brains with computers, and The Boring Company, which constructs infrastructure for travel in cities.
As a result, Musk is literally the richest person in the world, according to Forbes. So just how many billions is he worth?
How rich is Elon Musk?
Elon Musk is worth an eye-popping $219 billion (£167.5 billion), Forbes estimated in its 2022 billionaires list.
According to the American publication, his wealth has been growing substantially over the past two years, with Musk landing in the second spot on the same list in 2021.
Meanwhile, he wasn’t quite as high up the list in 2020, at position number 31.
To put all this into context, the second richest person in the world, Amazon founder Jeff Bezos, is worth $171 billion (just shy of £130.8 billion).
Microsoft founder Bill Gates places fourth on the list, with a net worth of $129 billion (£98.7 billion).
Musk owns 21% of Tesla but has pledged more than half his stake as collateral for loans. He contributed much of its funding in its early days, and has been CEO since 2008.
Tesla, whose main focus is electric vehicles, has seen its value skyrocket as people become more invested in renewable energy. It is now worth more than Ford, Toyota, Volkswagen, Hyundai, and GM combined.
His rocket company SpaceX is valued at $74 billion (around £57 billion), receiving a massive boost in funding following a commercial contract with Nasa.
Musk was the CEO of Paypal when it first kicked off, and has since gone on to found many other companies, including Open AI, Zip2 Neuralink, and The Boring Company.
And he may very well become the proud owner of social media platform Twitter, after already having a 9% share to his name.
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