Elon Musk nears world’s richest title again


now has a fortune of about US$184bil (RM812.82bil) after his latest donation, according to the Bloomberg Billionaires Index. — Reuters

Elon Musk is closing in on recapturing his title as the world’s richest person since falling behind Bernard Arnault in December, thanks to Tesla Inc’s 70% rise this year.

It may take a bit longer for Musk to overtake the French luxury-goods titan, though, after disclosing this week he gave 11.6 million Tesla shares to unnamed charitable causes between August and December. The stock was worth about US$1.9bil (RM8.39bil), based on closing prices on the days Musk donated the securities.

Subscribe to The Star Yearly Premium Plan for 30% off

Cancel anytime. Ad-free. Full access to Web and App.

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.39/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Philanthropy

Next In Tech News

Google Chrome to end support for MacOS 11 at the end of this month
No evidence of AI chip smuggling found, says Zafrul
Oracle to invest $3 billion in AI, cloud infrastructure in Germany, Netherlands
Tech takes centre stage as Chinese students weigh up major choices
Tech giants scramble to meet AI's looming energy crisis
‘They kept coming’: Hundreds of packages pile up outside US woman’s home
Maybank customers can now change their daily transfer limits in the MAE app
TomTom raises 2025 guidance after positive half-year results
Ericsson's Q2 profit beats expectations, says North America growth was good
Sesame Workshop regains control of Elmo's hacked X account after racist posts

Others Also Read