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Home/Questions/Q 9020
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Vaibhav Garg
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Vaibhav GargCR
Asked: November 6, 20222022-11-06T19:08:21+05:30 2022-11-06T19:08:21+05:30In: Personalities

How has Elon Musk made his money?

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How has Elon Musk made his money?
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  1. Admin Administrator
    2022-11-08T16:07:59+05:30Added an answer on November 8, 2022 at 4:07 pm

    The major wealth of Elon Musk is in the form of Shares or we can say equity he holds in his different companies, last year when Tesla stocks went up drastically his net worth also flew up and he became the richest person on the planet. Other than that he works as CEO for which he gets fixed compensaRead more

    The major wealth of Elon Musk is in the form of Shares or we can say equity he holds in his different companies, last year when Tesla stocks went up drastically his net worth also flew up and he became the richest person on the planet. Other than that he works as CEO for which he gets fixed compensation and other benefits. Some experts believe that Tesla Stocks are highly overvalued and once that bubble bursts, Elon will again come to a lower position. The net worth of these billionaires is not very liquid, also they can’t even sell their shares even in the case of emergency as the prices of stocks will crash if they ever try to sell a good portion of their equity. Their decisions and moves highly affect the value of their company, but still, they all have more than enough to live a comfortable life.

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