They added $402 billion to their already enormous fortunes in 2021.
Elon Musk and son X Æ A-12 on stage for the TIME Person of the Year on Dec. 13, 2021 in New York City. It’s never a bad time to be a billionaire, but this is an especially good time to have a 10-figure bank statement.
He has been spending part of that fortune on his rocket hobby. SpaceX, the private rocket company he founded in 2002, has already launched more than 1,600 satellites, including a recent launch on Dec. 18. Facebook founder Mark Zuckerberg added nearly $25 billion to his fortune in 2020. He’s worth $128 billion, according to Bloomberg. Zuckerberg, who changed the name of Facebook’s holding company to Meta this year, has had a turbulent year, which saw whistleblower Frances Haugen accusing him of putting “profits before people,” and him later raising the ire of Hawaiians after he added 110 acres to his controversial 1,500-acre estate in Kauai.
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