Elon Musk is now richer than Warren Buffett

Warren Buffett was once the richest man in the world then he was passed by Jeff Bezos, Bill Gates, and now Elon Musk. 

Warren Buffett’s Net Worth is $65.8 billion (down 2 billion due to charity donation)

Elon Musk’s Net Worth as of today is $70.5 billion.

Mr. Elon Musk is the founder and the CEO of Tesla Inc (TSLA), Tesla's stock keeps soaring during the pandemic and Elon’s net worth rose by $6.1 billion in a single day. Elon, 49, owns 1/5th of Tesla, and his combined stake in Tesla and Space X is worth $70.5 billion. Also, He is a majority owner of Space-X, his stake in Space-X is worth $15 billion - Fortune.

Tesla Inc. stock is up 269% this year's stock market report  (2020, and this post was published on July 11, 2020) and the stock is up more than 500% in the past 12 months. 

Tesla Inc Chart 

Elon Musk was paid $595 million earlier this year and he became the highest-paid CEO in America. 

Tesla’s Founder Elon Musk’s salary breakdown 

• Stock option-based pay for the next 8 years 
• He could earn up to $184 billion over the next 10 years

Why Elon is getting paid a lot of money 

• He increased Tesla’s market value from $59 Billion to $100 Billion 
• Increases Revenue/adjusted earnings by 70%

Net Worth

Elon Musk’s net worth is now $70.5 billion following Telsa’s 10 percent single-day move on July 10, 2020.