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Elon Musk is Now Richer Than Every Major Sports Franchise in the US

prazu Published On Fri Oct 29 2021   Modified On Fri Oct 29 2021
Elon Musk is Now Richer Than Every Major Sports Franchise in the US

Elon Musk is Now Richer Than Every Major Sports Franchise in the US.

Elon Musk, the CEO of Tesla, has reached yet another insane wealth milestone. According to Bloomberg's Billionaires Index, Musk, the world's richest man, is now worth $302 billion.

Elon Musk, the CEO of Tesla, has reached yet another insane wealth milestone.

Elon Musk, the CEO of Tesla, has reached yet another insane wealth milestone. 
Photo Source: Instagram

It makes Elon wealthier than Bill Gates, and Warren Buffet combined. Furthermore, Musk is currently wealthy enough to purchase every major sports franchise in Major League Baseball, the National Basketball Association, the National Football League, and the National Hockey League

Front Office Sports pointed out this startling statistic on Twitter, explaining that all of those teams are worth a total of $241 billion.

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As per Pop Culture, after a surge in SpaceX stock prices and sales, Musk recently surpassed Amazon founder Jeff Bezos, the world's richest people list. Bezos's net worth is currently $199 billion. Bezos has been the world's wealthiest person since 2017, but Musk, Gates, and other billionaires have always been close behind.

SpaceX's stock price increased by 33% earlier this month, and the company was valued at around $100 billion. As stated by Bloomberg, Musk's wealth has increased by approximately $11 billion, in addition to the $60 billion he has gained this year from Tesla stock's strong performance.

According to CNBC, Musk has promised to give away $150 million in 2021, equating to approximately 0.065% of his new net worth. There's no word on whether his windfall will cause him to increase this figure slightly.

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