Tesla Model S

Caproasia.com | The leading source of data, research, information & resource for financial professionals, institutional investors, professional investors and private investors (UHNWs, & HNWs). Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?

This site is for accredited investors, professional investors and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.

The ESG & Sustainable Investment Summit in June 2021. Join leading investment managers and experts in ESG and Sustainable Investments. Join as speakers, delegates, sponsors and partners. Contact us at events@caproasia.com | Caproasia Events

Elon Musk Became Richest Man in the World with $190 Billion and He Says … …

12th January 2021 | Hong Kong

Elon Musk, billionaire, entrepreneur, real-life Iron man, CEO of Tesla and founder of SpaceX, has a new title as the “Richest Man in the world“, surpassing Amazon founder Jeff Bezos with an estimated fortune of $190 billion.  On the day 7th of January 2021 and in becoming the richest man with $190 billion, he replied on twitter:” How Strange” and thereafter “Well, back to work.”

” How Strange.   Well, back to work. “

 

Elon Musk from Stanford Dropout to Richest Man in the World

Tesla Model S

Elon Musk (Age 50) is the CEO of Tesla, the world’s largest and most recognised electric car company.  He is also the founder of SpaceX, The Boring Company and many other business ventures.  In 1995, he dropped out from Stanford University to start his own web company, which was acquired by Compaq for more than $300 million in 1999.  Thereafter, he started an online bank X.com, which merged into another company that had launched Paypal.  In 2002, eBay acquired Paypal for around $1.5 billion.

In 2002, Elon Musk founded SpaceX and in 2004, he joined electric car company Tesla as its chief product architect.  In 2008, Elon Musk became Tesla CEO.  In 2020 Q3, Tesla reported revenue of $8.7 billion, more than $300 million in net income and delivered 139,300 vehicles.

 

Elon Musk, $154 billion on Stake in Tesla

On 7th of January 2021, Tesla shares rose to $791.31, giving Tesla a market capitalisation of $747 billion.  Only Saudi Aramco, Microsoft, Apple, Amazon and Alphabet have bigger market capitalisation than Tesla.  Elon Musk holds a 20.7% stake in Tesla, and has additional stock options to be unlocked in his 2018 compensation agreement with Tesla.  His 20.7% stake in Tesla represents $154.6 billion on the 7th of January 2021.

Together with his stakes in other businesses, Elon Musk has a total estimated fortune of around $190 billion and became the world’s richest man.

 

Elon Musk on Twitter on the 7th January 2021:

 

Elon Musk at First Model 3 Handover:

Elon Musk Unveiling Model Y:

 

 

Caproasia Platforms:

Caproasia Events & Coverage:


Caproasia.com | The leading financial website for financial professionals, professional investors and HNW investors. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Quicklinks: Caproasia Access | TFC | Caproasia | Jobs







Join 14,000+ leading financial professionals and professional investors in Asia. Stay ahead of your peers & competition. Receive Caproasia newsletter here.
Managing $20 million to $3 billion? Register here: Financial Professionals.
Visit Access | Daily homepage for financial professionals & professional investors.

Register: Professional Investors | CEOs & Entrepreneurs


For press release, email to press@caproasia.com
For editorial, media kit, listing on TFC, events, seminars or research & data services, email to mail@caproasia.com


RELATED ARTICLESMORE FROM AUTHOR