JUST HOW RICH IS ELON MUSK?

For most, the COVID-19 pandemic has been a time of economic hardship. However, most of the world's rich have become staggeringly richer, further exacerbating already astronomical economic inequality between the world's richest and poorest.

In 2018, Tesla CEO and SpaceX founder Elon Musk was the 54th richest person in the world. Before COVID-19, his net worth was valued at around 25 billion dollars.

In 2021, Musk became the first person to pass the $300 billion dollar mark when his networth rose to around $321 billion dollars in 2021, about 16 times what it was in 2018.

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Much like Elon’s net worth, the stock price of Tesla has skyrocketed in recent years. Since 2018, the price of Tesla stocks has increased by a factor of roughly 18, and Elon’s net worth has increased almost 16 times. Tesla car sales have increased only 3 times in that time.

Just how much money is $311 billion? That’s 311 followed by 9 zeroes. Sounds like a lot of money, right? It’s way more than you think. Elon is worth more than the GDP of all but 43 countries in 2019 (https://worldpopulationreview.com/countries/countries-by-gdp). For another perspective on how much he is worth, please enjoy this short animation.