Here’s exactly how Elon Musk should give away his fortune.
If the world’s richest person asked you for guidance on how to give away his money, what advice would you give?
That’s what Elon Musk did earlier this month. Musk heads up the electric car company Tesla and the aerospace company SpaceX. According to the Bloomberg Billionaires Index, when the market opened on January 7, Musk took down Jeff Bezos, founder and CEO of Amazon from the top spot to become the wealthiest person in the world. Musk’s accumulation of wealth over the last year has been driven by a remarkable run in Tesla stock, of which Musk owns 20 percent. The stock price of the automaker grew by more than 700 percent in 2020, fuelling a $142 billion increase in Musk’s personal net worth — a level of growth that’s unmatched by
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