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#2 Elon Musk

CEO and Chairman, Tesla

$185.6Bas of 8/26/21$601 M | 0.33%Reflects change since 5 PM ET of prior trading day

Elon Musk is working to revolutionize transportation both on Earth, through electric car maker Tesla — and in space, via rocket producer SpaceX.
He owns 21% of Tesla but has pledged more than half his stake as collateral for loans; Forbes has discounted his stake to take the loans into account.
He stepped down as chairman in 2018, after making alleged “false statements” about a plan to take Tesla private, triggering an SEC probe.
SpaceX, Musk’s rocket company, is now valued at $74 billion after its latest funding round in February 2021.
He grew up in South Africa, then immigrated to Canada at age 17. He landed in the U.S. as a transfer student to the University of Pennsylvania.

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