recession_wealth - MirrorLog recession_wealth MirrorLog.com watermark 1 year ago

Elon Musk, worth around 200 billion dollars is not the richest man in the world, and he isn't even close.

Elon Musk, worth around 200 billion dollars is not the richest man in the world, and he isn't even close. - MirrorLog

Elon Musk, worth around 200 billion dollars in 2023, isn't the richest man in the world. That title likely goes to the royal family in Saudi Arabia, the House of Saud, who control an estimated 1.4 trillion dollars.

King Salman and his successor, Muhammad Bin Salman, have a vast amount of wealth, much of it undeclared. They own Saudi Aramco, the top-earning company globally, controlling most of Saudi Arabia's fossil fuel and earning over 300 billion dollars a year. They also invest in various sectors, including companies like Uber and Lucid Motors.

Recently, they joined with Russia and China in a special fund to spread their wealth even further. It's hard to say exactly how much they're worth, as many details are private.

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