Elon Musk Is The World’s Richest Person In The Automobile Industry – Forbes

Elon Musk has been named by Forbes as the richest person in the global automobile industry.

The recent Forbes Billionaire List showed the US-based billionaire CEO worth as $189.2 billion, and fans have been reacting.

Recall that Elon Musk has a 12 per cent ownership stake in the automobile giant, Tesla.

Stefan Quandt, worth $28.2 billion, is the second richest man in automobile industry, with his 23.6 per cent ownership of automaker, BMW.

WOW.

Elon Musk FRS is a business magnate, industrial designer and engineer. He is the founder, CEO, CTO and chief designer of SpaceX; early investor, CEO and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI.

He was elected a Fellow of the Royal Society (FRS) in 2018. Also that year, he was ranked 25th on the Forbes list of The World’s Most Powerful People, and was ranked joint-first on the Forbes list of the Most Innovative Leaders of 2019. A centi-billionaire, Musk became the richest person in the world in January 2021.

Elon Reeve Musk was born on June 28, 1971, in Pretoria, Transvaal, South Africa. His mother is Maye Musk (née Haldeman), a model and dietitian born in Saskatchewan, Canada, but raised in South Africa.

His father is Errol Musk, a South African electromechanical engineer, pilot, sailor, consultant, and property developer.