Elon Musk recently tweeted that he would be paying more than $11 billion in tax this year. But how much did he make in 2021?
Over the years, Elon’s net worth has increased, making him one of the richest people in the world. Despite this, he makes sure that he is able to communicate with people through his social media.
Elon often updates his social media followers about stocks while dropping hints about his future plans. Keeping this in mind, it came as no surprise that he did not hesitate to reveal the tax amount he has to pay in 2021.
- SNAPCHAT: How to unlock your account after users report issues
How much did Elon Musk make in 2021?
While an exact amount is unknown, in October 2021, it was revealed that Elon had earned over $25.6 billion in a day after Tesla’s stock had increased due to Hertz’s announcement about its plans to buy 100,000 electric vehicles, as reported by Forbes.
With this, Elon’s net worth became $255.2 billion in 2021. In fact, the outlet even noted that he was “wealthier than any billionaire Forbes has ever tracked.”
To get a better idea of how rich Elon had become, it was reported that his net worth was more than Google co-founder Larry Page and Facebook CEO Mark Zuckerberg’s net worth combined.
To add to this, Elon had also sold his last remaining house for $30 million, which increased his net worth yet again.
Elon Musk’s tweet explored
On December 20, Elon decide to reveal the amount of tax he would have to pay in 2021. Taking to Twitter, he wrote: “For those wondering, I will pay over $11 billion in taxes this year.”
This is not the first time the Tesla owner has been vocal about his finances. In May 2020, Elon had tweeted that he was going to sell all his possessions. At the same time, he added that the share prices for Tesla were too high. Due to this, the shares slumped 10%. However, the losses were recovered in the coming days.
To add to this, in 2018, Elon had also tweeted about taking Tesla private. He had said: “Am considering taking Tesla private at $420. Funding secured.” However, he was quick to dismiss this.
- READ MORE: Who is YouTuber Cody Co’s fiance Kelsey Kreppel?
Does he own a house?
As per Insider, in December, Elon sold his last remaining house for $30 million. This comes after he had mentioned getting rid of all his possessions to build a colony on Mars.
Elon had purchased this house in 2017 from Christian de Guigne IV for $23 million. Years later, he sold it for a profit.
In other news, Ex-F1 driver Alex Zanardi released from hospital over a year after road accident
Discover more from Today Headline
Subscribe to get the latest posts to your email.