The Briefing Room

General Category => Economy/Business => Topic started by: Elderberry on January 08, 2021, 02:23:58 am

Title: Elon Musk becomes world's richest person as wealth tops $185bn
Post by: Elderberry on January 08, 2021, 02:23:58 am
BBC 1/7/2021

Elon Musk has become the world's richest person, as his net worth crossed $185bn (£136bn).

The Tesla and SpaceX entrepreneur was pushed into the top slot after Tesla's share price increased on Thursday.

He takes the top spot from Amazon founder Jeff Bezos, who had held it since 2017.

Mr Musk's electric car company Tesla has surged in value this year, and hit a market value of $700bn (£516bn) for the first time on Wednesday.

That makes the car company worth more than Toyota, Volkswagen, Hyundai, GM and Ford combined.

    Elon Musk's six secrets to business success (https://www.bbc.co.uk/news/business-55554343)

    Tech Tent: Is Tesla really worth $500 billion? (https://www.bbc.co.uk/news/technology-55103706)

Mr Musk reacted to the news in signature style, replying to a Twitter user sharing the news with the remark "how strange".

More: https://www.bbc.com/news/technology-55578403 (https://www.bbc.com/news/technology-55578403)
Title: Re: Elon Musk becomes world's richest person as wealth tops $185bn
Post by: jmyrlefuller on January 08, 2021, 04:03:17 am
Have his companies ever turned a profit?
Title: Re: Elon Musk becomes world's richest person as wealth tops $185bn
Post by: catfish1957 on January 08, 2021, 06:51:04 am
Have his companies ever turned a profit?

It should.  It has received $2,441,582,590 in taxpayer subsidies through the years, given out by an entity $29,000,000,000,000 in debt.   9999hair out0000 9999hair out0000 9999hair out0000.

And now it's largest stock holder  is the richest man in America.  Wonderful country isn't it?  /s
Title: Re: Elon Musk becomes world's richest person as wealth tops $185bn
Post by: thackney on January 10, 2021, 08:20:43 pm
Have his companies ever turned a profit?
They have, for Elon...