Elon Musk has a net worth of 236 billion, about 25 percent more than Jeff Bezos has a net worth of 193 193 billion.
Elon Musk, founder of electric car maker Tesla and space mission launcher SpaceX, will pay about 83,145 million (approximately 11 11 billion) in taxes to the United States this year. Musk, currently the richest man in the world, shared this information on social media. His fortune is currently estimated at Rs 18 lakh crore (23 236 billion), which is about 25 per cent more than the wealth of the world's second richest man Jeff Bezos at Rs 14.58 lakh crore (193 193 billion).
From India's point of view, the richest man in the country, Mukesh Ambani, has a net worth of about 85 85 billion. That is one-third of Musk's wealth. In that sense, the amount of tax that Musk will pay to the United States this year is about 13 percent of Ambani's total wealth. However, Democrat MP Musk has been raising the issue of non-payment of taxes for years.
Musk is accused of not paying taxes
In fact, in June of this year, a report was published in a publication called Pro-Publica. It claims, citing a Revenue Service document, that they have paid only હજાર 68,000 (approximately લાખ 5 billion) in taxes on billions of dollars in their own assets in 2015, excluding millions of dollars in taxes in 2014 and 2016. In this regard, in the year 2017, he tried to save tax by paying 65 thousand dollars (about 46 lakh rupees).
How much tax will Musk pay now and why?
According to business magazine Insider, Elon Musk will pay Rs 83,000 crore (11 11 billion) in taxes in 2021. In fact, he has to pay about Rs 6,500 crore (84 842 million) in income tax on his investment. He also has to pay taxes to build a tax base from California, USA. U.S. tax experts estimate that Musk will have to pay about 7 7 billion in taxes, both central and state, and 4 4 billion in taxes before January 1, 2022.