17.02.2026 18:30
The world's richest person, Elon Musk, admitted that his cash assets, which seem like "pocket change" compared to his massive fortune of 850 billion dollars, amount to only 850 million dollars. Musk emphasized that this amount, which is beyond the dreams of millions, feels like "spare change" to him.
The world's richest person, Elon Musk, made headlines with his statement regarding his cash assets despite his massive wealth on paper. Musk revealed that the remaining cash reserve is a "small amount" compared to his total wealth.
Elon Musk, the owner of giant companies like Tesla, SpaceX, and xAI, made a groundbreaking statement about the structure of his wealth. Responding to "trillionaire" predictions directed at him on social media, Musk stated that his cash assets are even less than 0.1% of his total wealth, saying, "I have only about 850 million dollars in cash."
"I'M RICH BUT MY MONEY IS IN MY COMPANIES"
In his statement that shattered the public perception of "having billions of dollars in cash in a bank account," Musk emphasized that almost all of his wealth is tied to the shares (equity) of the companies he owns. The famous billionaire reminded once again that his financial strategy is based on investment by saying, "My wealth consists of my partnerships in Tesla and SpaceX. I have almost no cash."
2026 BILLIONAIRES LIST: MUSK UNMATCHED AT THE TOP
According to data from February 2026, Elon Musk continues to be the richest person in the world, increasing the gap with his closest rival to a record level. Especially the merger of SpaceX and xAI companies and the subsequent high valuations have propelled Musk's wealth to historic levels. With Musk on the verge of becoming the first dollar trillionaire in history, his current wealth is around 850 billion dollars. Following Musk on the list are Larry Page, the former CEO of Google and entrepreneur with a wealth of 251 billion dollars, Sergey Brin with 231 billion dollars, and Mark Zuckerberg with 219 billion dollars.