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

SourceBusiness Insider
SectorEconomy
CountryMiddle east

Elon Musk’s net worth of more than $160 billion makes the CEO the second richest person on Earth, just behind founder Jeff Bezos. At Musk revealed the 5 big investments that fuel his massive wealth. Unsurprisingly, his wealth, like most billionaires, is highly concentrated in a handful of names, and Musk is only invested in one public company.

These are the 5 big investments driving Elon Musk’s more than $160 billion net worth. Unknown. Musk has been a long-time proponent of dogecoin and often tweets jokes about the meme-inspired cryptocurrency. In May, Dogecoin peaked at about $0.75 in anticipation of Since its peak, Unknown. Unknown. “The bitcoin I own is worth much more than the ethereum or doge [that I own],” Musk said at Wednesday’s conference. Musk added that both SpaceX and Tesla own bitcoin, and that he is open to Tesla accepting bitcoin as a form of payment again once bitcoin mining is more reliant on clean energy. ,...read more...