Elon Musk is the richest person in the world. The owner of Tesla and SpaceX has been at the very top of the billionaire list for a long time. In the Forbes list released on December 21, he remains at the top. His wealth amounts to $748.9 billion. His wealth is so vast that, standing beside him, India's wealthy Adani and Ambani seem utterly insignificant. Even if their combined wealth is added together, it remains far from reaching Musk's wealth figure.
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Reliance Industries Chairman Mukesh Ambani's wealth amounts to $113.7 billion. Adani Group founder Gautam Adani's total wealth amounts to $66.7 billion. Even combining these two's wealth, Elon Musk owns four times more wealth than that.
Sources of Musk's wealth
Elon Musk's business is spread across multiple sectors. Musk holds 12% ownership in the car manufacturing company Tesla. Musk has been serving as CEO of this company since 2008.
SpaceX has contributed even more than Tesla to filling Musk's coffers. This company, established in 2002, is actually a private rocket company. The company is now valued at $800 billion. Elon Musk holds 42% ownership in this company. In 2022, Musk bought the social media platform Twitter and renamed it X. Later, Musk merged it with his AI company xAI. The company is now valued at $125 billion in the market.
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In the Forbes list, Mukesh Ambani is at number 16. Below him on the list, at number 18, is Bill Gates. Gautam Adani is at number 27. Several other Indians are also in the world's top 100 richest people list. Savitri Jindal is at number 57, Shiv Nadar at 58, Dilip Sanghvi at 87, and Lakshmi Mittal at 98. Additionally, Kumar Birla, Cyrus Poonawalla, Radhakishan Damani, and Uday Kotak are on the list after 100.
