Elon Musk is the richest man in 2023, but where does his fortune come from?

In 2023, the French billionaire Bernard Arnault he became the richest man in the world. However, in June Elon Musk took the lead in this ranking and is on track to end the year in the same place, according to Forbes magazine.

The South African businessman owns Tesla, SpaceX and also X (formerly known as Twitter) – perhaps Musk's most controversial acquisition and one that always puts him in newspaper headlines around the world.

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According to Forbes, Elon has an estimated fortune of US$227 billion. If it is already shocking in dollars, it becomes even more so when we convert it to reais, at the current exchange rate: R$1.1 trillion.

There really is no chance of Bernard Arnault competing with these numbers.

However, it is worth mentioning that a large part of Elon Musk's fortune is invested in shares. So, if companies devalue, he could lose money.

Where does Elon Musk's fortune come from?

Born in Pretoria, South Africa, in 1971, Elon Musk He says he has been an entrepreneur since he was a child and has always had a great appreciation for science and science fiction. At age 12, he programmed and sold a computer game for $500 – the beginning of a long career in the field.

In 1984, he moved to the USA. At the time, he was in his early 20s. He graduated in Physics and Economics.

Later, he created Zip 2, an online newspaper platform, and sold the company for US$300 million in 1999. From there, he ventured into several other similar companies, until he reached where he is.

As previously stated, the businessman is on the board of three large companies: Tesla, SpaceX and X. Furthermore, he has his wealth from investment in other companies.

He invests his money mainly in clean energy, the internet, automobile innovations, neurotechnology and artificial intelligence.

Who are the 10 richest people in the world today?

  1. Elon Musk (Tesla, SpaceX and X)
  2. Bernard Arnault (LVMH)
  3. Jeff Bezos (Amazon)
  4. Larry Ellison (Oracle)
  5. Warren Buffett (Berkshire Hathaway)
  6. Mark Zuckerberg (Facebook/Meta)
  7. bill Gates (Microsoft)
  8. Larry Page (Google)
  9. Steve Bellmer (Microsoft)
  10. Sergey Brin (Google)

Graduated in Social Communication from the Federal University of Goiás. Passionate about digital media, pop culture, technology, politics and psychoanalysis.

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