Elon Musk 's net worth topped more than $160 billion this year, making him the second richest person on Earth.- Musk's net worth is driven by five investments, which he revealed at a conference on Wednesday.
- These are the five holdings behind Musk's net worth.
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Elon Musk's net worth of more than $160 billion makes the $4 CEO the second richest person on Earth, just behind $4 founder Jeff Bezos.
At $4 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.
5.
Musk's Stake: Unknown.
$4 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 $4 Since its peak, $4.
Read more: $4
4.
Musk's Stake: Unknown.
3.
Musk's Stake: 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
2. SpaceX
Stake: $4, but could be lower if Musk's stake was diluted during the last funding round.
Value: $35 billion, based on SpaceX's $4 and assuming Musks till owns 48% of the space exploration company.
1. Tesla
Stake: 22.4%, as of December 31. Musk can still receive billions more in
Value: $141 billion, based on Tesla's market valuation of $631 billion as of July 21.
Aside from the investments listed above, Musk added that he owns a stake in two of his early-stage private companies, Neuralink and Boring Company, but that those investments are of little significance in value relative to the others.