Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

The Unprecedented Gap Between Elon Musk And The World’s Next Richest
Forbes ^ | 01/02/2025 | Matt Durot

Posted on 01/04/2025 6:11:08 AM PST by SmokingJoe

Musk’s fortune soared by a record $170 billion in 2024–putting him an all-time high dollar amount ahead of Jeff Bezos, the world’s second richest person.

The soaring valuations of Tesla, SpaceX and xAI boosted Elon Musk’s fortune to an estimated $421.2 billion as of December 31, 2024, up from $251 billion at the start of 2024. He’s the first person to ever be worth more than $300 billion (a milestone he briefly achieved in 2021), let alone $400 billion.

As a result, Musk ended the year a record $188 billion richer than the world’s next wealthiest person, Amazon’s Jeff Bezos, who was worth an estimated $233.5 billion when the ball dropped in New York City’s Times Square earlier this week. A representative for Musk has not replied to a request for comment from Forbes.

The record for the largest year-end lead between No. 1 and No. 2 richest more than doubled in 2024. Back in 2021—the previous record—Musk was worth $72 billion more than then-No. 2 Bernard Arnault.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: forbes; musk
Navigation: use the links below to view more comments.
first 1-2021-4041-59 next last

1 posted on 01/04/2025 6:11:08 AM PST by SmokingJoe
[ Post Reply | Private Reply | View Replies]

To: SmokingJoe

ENVY is one of the seven deadly sins...............................


2 posted on 01/04/2025 6:16:25 AM PST by BBB333 (The Power Of Trump Compels You!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SmokingJoe

Seems being the greatest visionary of this age has worked out pretty well for Musk.

I more then once laughed at Musk over the years. I am not laughing anymore


3 posted on 01/04/2025 6:18:42 AM PST by MNJohnnie (Don't blame me, my congressman is MTG!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SmokingJoe

Elon is $mart. He build$. He buy$.


4 posted on 01/04/2025 6:23:35 AM PST by PGalt (Past Peak Civilization?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MNJohnnie

I predict Musk dies young, honestly most of the time he looks to be hyped up on some type of drug.


5 posted on 01/04/2025 6:25:03 AM PST by TexasFreeper2009
[ Post Reply | Private Reply | To 3 | View Replies]

To: SmokingJoe

He’s highly accomplished in multiple areas. Good for him. I wonder how many unrelated jobs and spin-off businesses he has helped create indirectly. IIRC, it all started with his creation of Paypal with a partner.


6 posted on 01/04/2025 6:25:25 AM PST by SaxxonWoods (Black guy upon receiving a MAGA hat: "MURICA!")
[ Post Reply | Private Reply | To 1 | View Replies]

To: TexasFreeper2009

“I predict Musk dies young, honestly most of the time he looks to be hyped up on some type of drug.”

Some people pack a lot of action into their years, others last long while doing very little.


7 posted on 01/04/2025 6:27:26 AM PST by SaxxonWoods (Black guy upon receiving a MAGA hat: "MURICA!")
[ Post Reply | Private Reply | To 5 | View Replies]

To: SaxxonWoods

The envy of your better reeks from your posts


8 posted on 01/04/2025 6:29:14 AM PST by bert ( (KE. NP. +12) Where is ZORRO when California so desperately needs him?)
[ Post Reply | Private Reply | To 7 | View Replies]

To: SaxxonWoods
Zip 2, co founded with brother Kimbal in 1995.
9 posted on 01/04/2025 6:29:41 AM PST by SmokingJoe
[ Post Reply | Private Reply | To 6 | View Replies]

To: SaxxonWoods

Musk gets even richer under Trump. The left will use it for ammo-taking care of rich friends.


10 posted on 01/04/2025 6:29:55 AM PST by DIRTYSECRET
[ Post Reply | Private Reply | To 7 | View Replies]

To: SmokingJoe

“Patents are for pussies”

Musk is a very unique person.
I believe he is a once in a century man that is truly devoted to raising the human existence rather than gaining person power.
I do not believe money is what drives him.

I have met two people in my lifetime that were not motivated by money but rather a goal that they had established early in life. From a distance that is what Musk looks like. One like him can be a rock solid ally or a formidable foe.


11 posted on 01/04/2025 6:31:00 AM PST by Romans Nine
[ Post Reply | Private Reply | To 1 | View Replies]

To: BBB333

Troll.

We don’t want their money, we just don’t want to be forced into serfdom.


12 posted on 01/04/2025 6:34:44 AM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: TexasFreeper2009
He's already 53.
His dad is like around 78 and his mother is at 76.
Plus he has access to the best doctors on the planet.
He'll live a long, very useful life.
13 posted on 01/04/2025 6:35:47 AM PST by SmokingJoe
[ Post Reply | Private Reply | To 5 | View Replies]

To: DIRTYSECRET

Huh?
Musk has been richer than Trump for a long time and is currently far richer than anyone else.


14 posted on 01/04/2025 6:38:55 AM PST by SmokingJoe
[ Post Reply | Private Reply | To 10 | View Replies]

To: grey_whiskers

I’m a troll???

The author at Forbes has ENVY.

haveaniceday


15 posted on 01/04/2025 6:40:40 AM PST by BBB333 (The Power Of Trump Compels You!)
[ Post Reply | Private Reply | To 12 | View Replies]

To: SmokingJoe
I don't care how rich folks are if they do a good job.

Example - Amazon is a great company. Incredible choice and excellent service. Good luck to Mr. Bezos.

16 posted on 01/04/2025 6:41:27 AM PST by Churchillspirit (Pray for President Trump)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BBB333
ENVY is one of the seven deadly sins..

Ad defines by humans. Envy was built-in when humans were created. All emotions were built-in. Criminalizing emotions is the crime. Using emotions to hurt others is where the crime it. Elon has not hurt anybody by EARNING his wealth and on the contrary, his actions that earned him his wealth are good for just about everybody impacted by what he's done, and in reality, that would be most of the world. Democrats are the exception.
17 posted on 01/04/2025 6:42:03 AM PST by adorno ( )
[ Post Reply | Private Reply | To 2 | View Replies]

To: BBB333

If you actually think he built all those companies...


18 posted on 01/04/2025 6:42:57 AM PST by 9YearLurker
[ Post Reply | Private Reply | To 2 | View Replies]

To: SmokingJoe

“Zip 2, co founded with brother Kimbal in 1995.”

Thanks, I was trying to remember how it happened.


19 posted on 01/04/2025 6:45:19 AM PST by SaxxonWoods (Black guy upon receiving a MAGA hat: "MURICA!")
[ Post Reply | Private Reply | To 9 | View Replies]

To: SmokingJoe

Why is this a story? I have not seen similar stories in the past.

For insight, one could always consider how money is made. SpaceX puts payloads into space economically. All customers benefit. Presumably, we all benefit.

I’m not a fan of EVs, but many people are. He is selling what people want. I assume EVs benefit from government subsidies. I don’t think those subsidies are warranted, but I don’t blame Musk for cashing in.

How does he spend his money? That’s the rub for liberals. No, he does not spend his money the way George Soros spends his money. Comparing the two is like comparing an angel to Satan. I go with the angel. Democrats do Satan’s bidding.


20 posted on 01/04/2025 6:45:56 AM PST by ChessExpert (The Democratic party must be destroyed.)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-59 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson