With net worth of $209.3 bn, Musk debates how to give away record fortune

Musk, 49, is a philanthropy neophyte compared with those he just leapfrogged on the Bloomberg Billionaires Index of the world's 500 wealthiest people

Elon Musk
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Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., speaks during a discussion at the Satellite 2020 Conference.

Devon Pendleton and Ben Steverman | Bloomberg
Elon Musk is not only the world’s richest person, he lays claim to the biggest net worth ever recorded: $209.3 billion as of Friday. What he does with it will be closely watched.

Judging by Twitter, the Tesla Inc. co-founder’s preferred medium of communication, philanthropy is on his mind. One of his first reactions on becoming the wealthiest human -- after an initial shrug -- was to solicit advice on how to give it away.

Musk, 49, is a philanthropy neophyte compared with those he just leapfrogged on the Bloomberg Billionaires Index of the world’s 500 wealthiest people.

Longtime No. 1 Bill Gates

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First Published: Jan 11 2021 | 7:23 AM IST

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