Elon Musk’s Money: How He Made It And Spends It
Elon Musk, the richest person on Earth and arguably one of the most powerful, has made headlines once again with a record-breaking pay package that was recently struck down by a judge in Delaware. Despite the $50 billion in stock options being approved by Tesla shareholders in June, the judge ruled that the shareholders were too under the influence of Musk to approve the package.
Musk, a former Democrat and South African native who came to the U.S. via Canada as a college student, has become known for his big backing of Donald Trump in the lead-up to the November 5 election. He even spoke at rallies and donated $119 million to support Trump’s campaign. Some may say it was the best money he ever spent.
But how did Musk make his money and how does he spend it? Musk’s wealth primarily stems from his founding of companies like Tesla, SpaceX, and Paypal. His innovative ideas and determination have helped him amass a fortune that now makes him the wealthiest person on the planet.
When it comes to spending his money, Musk is known for his extravagant purchases, like luxury cars, real estate, and private jets. He also invests heavily in his companies, pushing the boundaries of technology and space exploration.
Musk’s wealth and power continue to grow, making him a force to be reckoned with in the worlds of entrepreneurship, technology, and beyond. His story is both inspiring and controversial, but one thing is for sure: Elon Musk knows how to make money and isn’t afraid to spend it.
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Video “Elon Musk’s Money: How He Made It And Spends It” was uploaded on 12/05/2024 to Dailymotion Channel Forbes