Elon Musk's net worth of more than $160 billion makes the Tesla CEO the second richest person on Earth, just behind Amazon founder Jeff Bezos.
At a bitcoin-focused conference on Wednesday, Musk revealed the 5 big investments that fuel his massive wealth.
Unsurprisingly, his wealth, like most billionaires, is highly concentrated in a handful of names, and Musk is only invested in one public company.
These are the 5 big investments driving Elon Musk's more than $160 billion net worth.
5. Dogecoin
Musk's Stake: Unknown.
Coined "the dogefather," Musk has been a long-time proponent of dogecoin and often tweets jokes about the meme-inspired cryptocurrency. In May, Dogecoin peaked at about $0.75 in anticipation of Musk's hosting of Saturday Night Live. Since its peak, dogecoin is down more than 70%.
4. Ethereum
Musk's Stake: Unknown.
3. Bitcoin
Musk's Stake: Unknown.
"The bitcoin I own is worth much more than the ethereum or doge [that I own]," Musk said at Wednesday's conference. Musk added that both SpaceX and Tesla own bitcoin, and that he is open to Tesla accepting bitcoin as a form of payment again once bitcoin mining is more reliant on clean energy.
2. SpaceX
Stake: Estimated at 48%, but could be lower if Musk's stake was diluted during the last funding round.
Value: $35 billion, based on SpaceX's last funding round valuation of $74 billion, and assuming Musks till owns 48% of the space exploration company.
1. Tesla
Stake: 22.4%, as of December 31. Musk can still receive billions more in Tesla stock based on his pay agreement.
Value: $141 billion, based on Tesla's market valuation of $631 billion as of July 21.
Aside from the investments listed above, Musk added that he owns a stake in two of his early-stage private companies, Neuralink and Boring Company, but that those investments are of little significance in value relative to the others.
Nick, a 21-year-old in California, is sort 카지노사이트 of|a kind of} younger folks. He had first gambled as a younger teen, when he visited family on the East Coast and considered one of his cousins launched him to legal online sports activities gambling. Nick wasn’t sufficiently old to gamble then, however he discovered it simple sufficient to get across the techniques the companies had arrange. “It actually wasn't that onerous to create an account under my dad's name,” he mentioned. By the time he was a senior in highschool, Nick was gambling on his laptop in class.
ReplyDelete