ELON MUSK is the richest person in America worth a fortune estimated at 251 Billion and real time net worth of 261.1 Billion as 12pm September 22, 2022.
Last September, the day Musk overtook Amazon’s Jeff Bezos to become the richest person in the world, Forbes reached out to the man behind Tesla and SpaceX for his thoughts. “I’m sending a giant statue of the digit ‘2’ to Jeffrey B.,” Musk wrote in a short email, “along with a silver medal.” The swap at the top came 24 days after last year’s Forbes 400 ranking of the wealthiest Americans was finalized on September 3, 2021 and now, one wild year later, Musk can finally claim his gold! Musk is Number 1 on The Forbes 400 for the first time this year, with an estimated net worth of $251 billion–$60.5 billion more than he had on last year’s ranking and $100 billion richer than Bezos. That’s also a record for Number 1 on The Forbes 400.
Jeff Bezos 4 year run at the top has ended and slips to #2 with 151 Billion, Bill Gates at #3 with 106 Billion, Larry Ellison with 101 Billion and Warren Buffet rounds out the Top 5 with 97 Billion. Mark Zuckerberg was the biggest loser of the year and dropped out of the Top 10 to Number 11 with 57.5 Billion on the Forbes 400.
Images from Instagram/Forbes
Believe it or not some celebrities were just too poor to make the list including Oprah Winfrey with an estimated net worth of 2.5 Billion, Kanye at 2 Billion, Kim Kardashian at 1.8 Billion, Michael Jordanat 1.7 Billion, Peter Jackson at 1.5 Billion and Jay Z at 1.3 Billion. did not make the Forbes 400 list. It takes 2.7 Billion to qualify for this year’s ranking of America’s wealthiest people which is down from 2.9 Billion last year but much higher than the 1.1 Billion marked needed a decade ago.
Elon Musk cofounded six companies including electric car maker Tesla, rocket producer SpaceX and tunneling startup Boring Company.
He owns about 25% of Tesla between stock and options, but has pledged more than half his stock as collateral for loans.
SpaceX, founded in 2002, is worth $127 billion after a funding round in May 2022; it quadrupled its value in three years.
Boring Company, which aims to defeat traffic, raised $675 million in April 2022 at a $5.7 billion valuation.
Twitter’s board agreed to sell the company to Musk for $44 billion in April 2022, after he disclosed a 9.1% stake and threatened a hostile takeover.
In July 2022, Musk announced he was terminating the deal over bot concerns. Twitter sued and the parties will go to court in October.
Source from Forbes
Story info from Forbes400
