Summary
Elon Musk's net worth reached $749 billion, making him the first person to be worth $700 billion. His wealth comes mainly from his shares in Tesla and SpaceX, which increase in value as these companies produce more products and services. Musk's financial milestone highlights the ongoing conversation about wealth distribution and the role of billionaires in society.
Key Facts
- Elon Musk is the first person to have a net worth of $700 billion.
- Musk's wealth mainly comes from his shares in Tesla and SpaceX.
- Musk said his wealth increases by producing more products and services.
- After a court ruling, Musk's net worth rose to an estimated $749 billion.
- Musk is the richest person in the world, with Larry Page as the next-richest at $258 billion.
- The growth of Musk's wealth is part of a larger discussion on wealth inequality.
- Bernie Sanders commented that AI should benefit all humanity, not just the wealthy.