Elon Musk

Rank 1

Elon Musk

245B

Tesla, SpaceX

Austin, Texas

United States

  • Musk, who says he's worried about population collapse, has ten children with three women, including triplets and two sets of twins.
  • As a kid in South Africa, Musk taught himself to code; he sold his first game, Blastar, for about $500.
  • Elon Musk cofounded six companies, including electric car maker Tesla, rocket producer SpaceX and tunneling startup Boring Company.
  • He owns about 12% of Tesla excluding options, but has pledged more than half his shares as collateral for personal loans of up to $3.5 billion.
  • In early 2024, a Delaware judge voided Musk's 2018 deal to receive options equaling an additional 9% of Tesla. Forbes has discounted the options by 50% pending Musk's appeal.
  • SpaceX, founded in 2002, is worth nearly $180 billion after a December 2023 tender offer of up to $750 million; SpaceX stock has quintupled its value in four years.
  • Musk bought Twitter in 2022 for $44 billion, after later trying to back out of the deal. He owns an estimated 74% of the company, now called X.
  • Forbes estimates that Musk's stake in X is now worth nearly 70% less than he paid for it based on investor Fidelity's valuation of the company as of December 2023.