Musk becomes the richest man in the world! Worth $185 billion

Wechat scan QR code to share with friends and circle of friends_ blank" href=" https://news.163.com/news/search?keyword=%E7%89%B9%E6%96%AF%E6%8B%89 "> Tesla < / a > CEO Elon · < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E9%A9%AC%E6%96%AF%E5%85%8B "> Musk's personal net assets rose to $185 billion, surpassing < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E4%BA%9A%E9%A9%AC%E9%80%8A "> Amazon < / a > CEO Bezos is the world's richest man. Relevant reading: in 2020, Tesla's share price rose by 689% and Musk's net assets increased by $129 billion in the past 2020, no one in the world is a bigger winner than Elon Musk, CEO of Tesla and SpaceX, in terms of net assets growth. Figure 1: Elon Musk, CEO of Tesla and SpaceX musk was already a billionaire as early as 2020, with a net asset of about $30 billion. By the end of 2020, his net worth has increased nearly fivefold. The net worth of Tesla's chief executive increased by $129 billion, or 469.9%, according to the index. because stock prices fluctuate frequently, many billionaires sometimes make or lose billions of dollars in a short time. For musk, this situation is particularly prominent. The expansion and contraction of his net assets are almost synchronized with the share price of Tesla, and what he gets from Tesla is the minimum wage allowed by law. Tesla stock is the biggest source of Musk's net asset surge in 2020, and its share price has soared to a new high this year. Tesla is already the world's largest car maker by market value, with a recent close to $645 billion. Since January 1, 2020, Tesla's share price has risen by 689%, which is a huge positive news for musk, as he owns 18% of the shares, easily making him the largest shareholder of Tesla. but musk only gets a meager salary, at least on paper, which is, in Musk's own words, "lack of cash.". Like many other wealthy corporate executives, he still relies on mortgages and credit for his daily life. "Some people think I have a lot of cash, but it's not," Musk told leading investor Cathie wood on a podcast last year however, despite the low pay, musk remained the highest paid executive in the world last year, thanks to a very complex compensation package. When Tesla achieves increasingly difficult stock, income and earnings performance indicators, the program will grant him 12 stock options. Tesla did not respond to requests for comment on Musk's compensation. But regulatory filings show that shareholders overwhelmingly approved the stock option awards granted to musk in 2018. As of last August, musk had unlocked two of them. Figure 2: growth of Musk's net assets in 2020. That makes his shares in the two companies a little below par, a factor that Forbes magazine and the Bloomberg billionaire index have taken into account. as of December 15, Musk's wealth was estimated to be about $158 billion, of which about $110 billion (about 70% of the total wealth) came from Tesla shares and options, and another $18.7 billion came from SpaceX's equity. The last $7 billion, calculated by Bloomberg, consists of cash, homes, cars and other assets. in May 2020, on the occasion of the outbreak of pneumonia in the new museum, which was a headache for Tesla's California and Shanghai factories, musk said that he planned to sell "almost all of his physical property", including several houses he owned at that time. By the end of the year, musk had fulfilled his earlier threats and moved his family and his charity from California to Texas. "It's clear that Tesla and SpaceX have a large business in California," Musk said at a meeting in early December. In fact, it's worth noting that Tesla is the last car company still making cars in California, and SpaceX is the last aerospace company still making major cars in California. California used to have more than a dozen car factories and was once the center of aerospace manufacturing. My company is the last two. " Figure 3: details of Musk's net assets composition musk continued: "for myself, I have moved to Texas. We have a starship development project in South Texas, and I'm here right now. And then, we're building giant factories outside Austin In addition to conflicts with local health regulators, the move could save musk a lot of income tax. the exact location of Musk's Texas residence is unclear. When he moves there, he will join more and more former Californians and Silicon Valley expatriates, a trend that will only be exacerbated by the epidemic's work from home. however, it is almost certain that the growth of Tesla and SpaceX will continue. Analysts said the automaker is expected to meet its target of selling 500000 vehicles by 2020 as demand from China and the United States increases, which helps to stimulate the continued trend. Meanwhile, sources said last December that SpaceX was discussing a new round of financing that could raise its valuation to $92 billion. musk has also considered merging his various businesses, from neuralink, a brain engineering company, to boring company, a tunnel construction company, under the same parent company. as for the change of Tesla's share price in 2021, analysts have different opinions. JPMorgan analyst Ryan Brinkman and others said Tesla's share price could fall sharply. Bulls, including Dan ives, an analyst at Wade Bush securities, believe that Tesla shares have more room to rise. (

<) novel coronavirus pneumonia! --EndFragment-->

2020 billion in global wealth, Mask added 100 billion dollars to the fortune of 1 trillion and 900 billion, and the number of Mask's fortune rose by 100 billion

. According to foreign media reports, although the new crown pneumonia epidemic has led to economic recession, their wealth is growing at an alarming rate for many of the world's rich. 福布斯估计，由于股价?
2023-03-22 10:04:25

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