Elon Musk Is Diversifying World’s Biggest Fortune With Twitter Stake
The Tesla CEO’s 9.2% position in the social-media company is already up more than $1.2 billion, though it’s just a fraction of his overall wealth.
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For years, Elon Musk’s net worth has been dominated by one stock: Tesla Inc.
His purchase of a 9.2% stake in Twitter Inc., disclosed Monday in a regulatory filing, adds an unusual element of diversification to his $288.4 billion fortune.