For Years And Years
Elon Musk’s net worth has dominated by one stock: Tesla Inc.
$273 billion fortune
His purchase of a 9.2% stake in Twitter Inc., disclosed Monday in a regulatory filing, adds an unusual element of diversification to his $273 billion fortune
Musk’s holding in his favored social-media platform was valued at $2.89 billion as of market close Friday
Triggered The Disclosure
The billionaire is up more than $1 billion based on Twitter’s closing share price on March 14
So Far He's Done Well
Even though Musk is now Twitter’s biggest shareholder, his holding still represents just a fraction of his overall wealth.
As Of Friday
The vast majority of Musk’s net worth was tied to shares and options in Tesla, where he’s chief executive officer.