Elon Musk reveals the 5 big investments that fuel his more than $160 billion net worth
Elon Musk

REUTERS/Mike Blake

Elon Musk’s bring together rate of better than $160 billion makes the Tesla CEO the 2d richest particular person on Earth, factual in the help of Amazon founder Jeff Bezos.

At a bitcoin-targeted conference on Wednesday, Musk printed the 5 gigantic investments that gas his massive wealth.

Unsurprisingly, his wealth, esteem most billionaires, is extremely concentrated in a handful of names, and Musk is supreme invested in one public company.

These are the 5 gigantic investments utilizing Elon Musk’s better than $160 billion bring together rate.

5. Dogecoin

Dogecoin and other gold coins on black background

NurPhoto/Getty Photography

Musk’s Stake: Unknown.

Coined “the dogefather,” Musk has been a prolonged-time proponent of dogecoin and in general tweets jokes about the meme-inspired cryptocurrency. In Can also merely, Dogecoin peaked at about $0.75 in anticipation of Musk’s cyber internet internet hosting of Saturday Night Dwell. Since its top, dogecoin is down better than 70%.

Read more: Zamir Kazi equipped his first duplex in 2012 and his company now owns better than 3,300 objects. He breaks down the path to building his portfolio – and shares his most effective recommendation for breaking into precise estate investing at the moment.

4. Ethereum

GettyImages 1228507184

Photothek/Getty Photography

Musk’s Stake: Unknown.

3. Bitcoin

Bitcoin symbol at Bitcoin conference people

Marco Bello/Getty Photography

Musk’s Stake: Unknown.

“The bitcoin I’ve is rate noteworthy better than the ethereum or doge [that I own],” Musk acknowledged at Wednesday’s conference. Musk added that both SpaceX and Tesla have bitcoin, and that he’s originate to Tesla accepting bitcoin as a abolish of charge again as soon as bitcoin mining is more reliant on dapper vitality.

2. SpaceX

SpaceX Falcon Rocket Florida

John Raoux/AP Photo

Stake: Estimated at 48%, however would perhaps maybe be lower if Musk’s stake modified into diluted for the length of the closing funding spherical.

Fee: $35 billion, in step with SpaceX’s closing funding spherical valuation of $74 billion, and assuming Musks till owns 48% of the put exploration company.

1. Tesla

Tesla Shanghai China Factory

Xinhua/Ding Ting by procedure of Getty Photography

Stake: 22.4%, as of December 31. Musk can silent fetch billions more in Tesla inventory in step with his pay agreement.

Fee: $141 billion, in step with Tesla’s market valuation of $631 billion as of July 21.

Other than the investments listed above, Musk added that he owns a stake in two of his early-stage internal most companies, Neuralink and Tiring Firm, however that these investments are of diminutive significance in cost relative to the others.

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