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Added on the 24/03/2018 07:33:46 - Copyright : Wochit
Susan Walsh/AP; Erin Scott/Reuters There's no love lost between Elon Musk and Mark Zuckerberg. The billionaire tech CEOs — who helm Tesla and SpaceX, and Facebook, respectively — have been feuding since at least 2016, when a SpaceX rocket explosion destroyed a Facebook satellite. Since then, they've butted heads over everything from artificial intelligence to Facebook's data-collection practices. Most recently, Musk tied Facebook to the violent insurrection in Washington, DC, describing it as a "domino effect." Visit Business Insider's homepage for more stories.
Billionaire investor Chamath Palihapitiya told CNBC Tesla's stock could be worth three times more than its current valuation. According to Business Insider that would make CEO Elon Musk the first trillionaire in history. Palihapitiya's comments come as Tesla shares shot up 6.9%. Elon Musk surpassed Jeff Bezos as the richest person on the planet on Thursday. Palihapitiya said Tesla is a "distributed energy business." He's believed for a while that the world's first trillionaire will be a person who is fighting climate change. Palihapitiya said "Don't sell a share" of Tesla, he told investors.
Business Insider reports that Elon Musk is now the richest man in the world. His net worth has skyrocketed to $187 billion. He is the CEO of two companies, Tesla and SpaceX, and the founder of three more. He's also been married three times and has triplets and twins. He recently had another baby with his girlfriend, the musician Grimes.
Tesla and SpaceX CEO Elon Musk has sold three adjacent houses in the Bel-Air neighborhood. The Los Angeles homes sold for a combined $40.9 million, reports Business Insider. The largest home is a six-bedroom, seven-bathroom mansion that sits on 1.5 acres of land. It reportedly sold for $29.72 million. The Bel-Air homes are among several pieces of property Musk has sold off in 2020. Musk is now pledging that he will "own no house" and is moving to Texas.
Pool/Getty Images Perhaps nobody had a better year, financially speaking, than Tesla and SpaceX CEO Elon Musk. The billionaire saw his wealth more than quintuple during a pandemic that's left hundreds of thousands dead and many more out of work. Yet the magnate takes a very small salary, instead relying on massive stakes in his companies to accumulate wealth. With Tesla's stunning performance this year, it's no surprise that those equity values have also swelled. Visit Business Insider's homepage for more stories.
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