According to the Forbes Real Time Billionaires website, South Africa-born Elon Musk on Monday saw his net worth pass the $200 billion mark.
The reason for Musk’s sudden increase in fortune came after he confirmed that Tesla plans to start production of new models in “early 2025, if not late this year,” after previously expecting to begin in the second half of 2025.
The company has been promising a self-driving vehicle for years without delivering on Musk’s promise.Bernard Arnaultrounding out the top three with $197.8 billion., is a French multinational holding and conglomerate specialising in luxury goods, headquartered in Paris. Musk is the fourth-youngest member of the top 10 club, behind Mark Zuckerberg , Sergey Brin and Larry Page .
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk jumps to No 2 in world’s richest list: Latest rankingSouth Africa-born Elon Musk on Friday moved back to the No 2 spot in the list of world's richest people. Check out the latest numbers ...
Read more »
Samsung bets on the rapidly growing African middle classesInstead of trying to beat Transsion in volume in Africa, the Korean telecom giant is targeting urban, middle-class consumers who can afford to pay $200-$600 for a status-symbol handset.
Read more »
Elon Musk Is Snuffing Out Starlink Internet In South AfricaSouth African and global news updates with a twist. 2oceansvibe is South Africa’s biggest solely owned online news platform with local and world news updates.
Read more »
Tesla CEO Elon Musk touches down in ChinaSouth Africa-born Tesla CEO Elon Musk, one of the world's richest people, arrived in China for a visit on Sunday.
Read more »
Elon Musk to launch YouTube rival on smart TVsX is launching a TV app, pushing deeper into video and entertainment content as it takes on the likes of Google's YouTube.
Read more »
Elon Musk goes to war with AustraliaElon Musk has dramatically escalated his battle over a court order to remove video posts of a bishop being stabbed.
Read more »