Streaming issues? Report here
John Maytham 2019 1500 BW John Maytham 2019 1500 BW
Afternoon Drive with John Maytham
15:00 - 18:00
volume_up
volume_mute

Up Next: The Money Show with Bruce Whitfield
See full line-up
Afternoon Drive with John Maytham
15:00 - 18:00
Home
arrow_forward
Business
fiber_manual_record
World

Elon Musk the world's 2nd richest person (again) - worth more than R2 trillion

6 April 2021 8:47 PM
Tags:
Forbes
The Money Show
Bruce Whitfield
Elon Musk
Jeff Bezos
Chris Bishop
Billionaires
tesla
Billionaire Tomorrow
World's Billionaires list

Musk increased his astounding wealth by R1.8 trillion in the past year, according to Forbes' World’s Billionaires list.

Could Pretoria-born Elon Musk have become a dollar millionaire had he stayed on the continent? asks Billionaire Tomorrow.

Image: Tumisu from Pixabay

Just today the tech entrepreneur and Tesla boss was named the second richest person on the planet (again).

Amazon CEO Jeff Bezos held onto the top spot.

RELATED: [Elon Musk slips to no 2 in 'richest' rankings, but earns Andy Rice's hero award](http://Elon Musk slips to no 2 in )

Musk is now worth over R2 trillion (US$151 billion), according to Forbes’ 2021 World’s Billionaires list.

He increased his wealth by more than R1.8 trillion ($126.4 billion) since March 2020, as the Tesla share price surged.

Apparently he's put on $126 billion in net worth this year alone!

Chris Bishop, Founding editor - Billionaire Tomorrow

If you look at it in context, that's more than six times what Aliko Dangote (Nigerian billionaire) is worth.

Chris Bishop, Founding editor - Billionaire Tomorrow

Remember, Musk left South Africa when he was about 17 years old, largely to avoid military service... and he made it into the big time in the United States.

Chris Bishop, Founding editor - Billionaire Tomorrow

In a survey run byBillionaire Tomorrow, nearly 90% of respondents felt Musk would not have flown as high has he has if he'd remained in Africa.

It's a shame that people say, well he wouldn't have made it if he hadn't gone elsewhere because a lot of people on this continent do make it.

Chris Bishop, Founding editor - Billionaire Tomorrow

They most certainly do, but maybe not on that scale!

Bruce Whitfield, The Money Show host

Listen to the conversation in the Money Show's Africa Business Focus slot (Musk discussion at 5:28)




6 April 2021 8:47 PM
Tags:
Forbes
The Money Show
Bruce Whitfield
Elon Musk
Jeff Bezos
Chris Bishop
Billionaires
tesla
Billionaire Tomorrow
World's Billionaires list

More from Business

China's economy grows at all-time record pace – up 18.3% in Q1/2021

16 April 2021 3:20 PM

The world’s 2nd-largest economy - after the United States - grew at its fastest ever pace in the first quarter of 2021.

Share this:
Read More arrow_forward

Sub-Saharan Africa will have the slowest growing economies in the world in 2021

16 April 2021 2:44 PM

The poorest region in the world is projected to grow at 3.4%, kneecapped by the slow pace of Covid-19 vaccine rollouts.

Share this:
Read More arrow_forward

Shoprite exits Nigeria – Africa’s largest economy - after 15 years

16 April 2021 12:35 PM

The Continent’s biggest retailer is leaving Nigeria. Lester Kiewit interviews Africa business analyst Victor Kgoemoeswana.

Share this:
Read More arrow_forward

Give your child the best education you can afford – here’s how to invest

16 April 2021 11:03 AM

Personal finance advisor Warren Ingram on how to save and invest for your child’s future education.

Share this:
Read More arrow_forward

Sasol and Toyota join forces to develop hydrogen-based fuels

16 April 2021 9:58 AM

“From those projects, we’ll see whether green hydrogen is feasible,” says environmental lawyer Margo-Ann Werner.

Share this:
Read More arrow_forward

SAA appoints fifth CEO in five years while business rescue process drags on

16 April 2021 9:21 AM

Thomas Kgokolo has been appointed as the interim CEO of SAA, which is still in the throes of a nearly 16-month-long business rescue process.

Share this:
Read More arrow_forward

The smarter way to invest in crypto – Revix

16 April 2021 8:00 AM

Is there a way to take some of the risks out of investing in cryptos? Yes, by building a balanced portfolio that helps spread some of the risks.

Share this:
Read More arrow_forward

How to prevent being ghosted by a potential client and seal that deal

15 April 2021 8:56 PM

Entrepreneur Pavlo Phitidis shares valuable tips on making your business stand out from the competition.

Share this:
Read More arrow_forward

'Seven in ten South Africans spend all their income or more every single month'

15 April 2021 8:10 PM

The latest Deloitte consumer survey shows we are more worried about our finances than Covid, says Mike Vincent (senior partner).

Share this:
Read More arrow_forward

Poultry producer takes on govt, wins court order over poor service delivery

15 April 2021 7:50 PM

The situation in Lekwa Municipality is untenable, says Astral Foods CEO Chris Schutte. Govt has been ordered to intervene.

Share this:
Read More arrow_forward

More from World

Canadian politician caught with his pants down during Parly Zoom meeting

16 April 2021 11:01 AM

He did manage to cover his privates with his cell phone, jokes Adam Gilchrist in The World View report.

Share this:
Read More arrow_forward

The smarter way to invest in crypto – Revix

16 April 2021 8:00 AM

Is there a way to take some of the risks out of investing in cryptos? Yes, by building a balanced portfolio that helps spread some of the risks.

Share this:
Read More arrow_forward

Bernie Madoff, king of Ponzi schemes, dies in prison aged 82

14 April 2021 7:05 PM

What lessons can South Africans learn from the Madoff disaster? Bruce Whitfield interviews Vestact's Michael Treherne.

Share this:
Read More arrow_forward

'It's completely blown our minds' - My Octopus Teacher bags Bafta Award

14 April 2021 1:04 PM

South African documentary film 'My Octopus Teacher' has won a Bafta Award for Best Documentary.

Share this:
Read More arrow_forward

Joe Biden will withdraw all US troops from Afghanistan by 11 September 2021

14 April 2021 11:08 AM

The United States has been at war in Afghanistan for 20 years – the longest of the many wars it has fought.

Share this:
Read More arrow_forward

SA Olympians to show off local vellies at Tokyo Games

13 April 2021 6:55 PM

'We've got a colour shoe for every ring of the Olympic Games!' The Money Show interviews Veldskoen CEO Nick Dreyer.

Share this:
Read More arrow_forward

SA health experts are meeting after US recommends halting J&J vaccinations

13 April 2021 6:43 PM

Six cases of rare type of blood clotting have been reported out of a total of 6.8 million vaccinations with the J&J Covid-19 shot.

Share this:
Read More arrow_forward

NASA uses SA-made invention to conduct hearing tests on astronauts in space

13 April 2021 3:25 PM

Dr. Dirk Koekemoer is the brains behind a portable audiometer that is being used aboard the International Space Station (ISS).

Share this:
Read More arrow_forward

'Mozambique conflict not Islamist. It’s about the gas, and the spoils thereof'

13 April 2021 1:41 PM

The conflict in Cabo Del Gado is not part of the global jihad, says Dr Joseph Hanlon. It is about people fighting for resources.

Share this:
Read More arrow_forward

[WATCH] Animated short-film 'Save Ralph' shines spotlight on animal testing

8 April 2021 3:27 PM

A powerful stop-motion animation short film, produced by Humane Society International, raises awareness about the cruelty of animal testing.

Share this:
Read More arrow_forward