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1. Elon Musk
Net worth: $215 billion Source of wealth: Tesla and SpaceX
We all know Elon Musk and his contribution to automobile industry. He is the wealthiest American in the automotive industry. He is the CEO of Tesla, a leading electric car company, and SpaceX, a private aerospace manufacturer. Musk’s significant wealth is primarily attributed to his success in revolutionizing the electric vehicle market with Tesla and his ambitious space exploration endeavors through SpaceX.
2. Larry Ellison
Net worth: $106 billion Source of wealth: Oracle and Tesla
Larry Ellison, the renowned business magnate, occupies the second spot on the list. As the co-founder and CEO of Oracle, a global software corporation, Ellison has amassed considerable wealth. Additionally, he holds a stake in Tesla, the pioneering electric car manufacturer, contributing to his impressive net worth.
3. Jeff Bezos
Net worth: $199 billion Source of wealth: Amazon and Rivian
Jeff Bezos, widely recognized as the founder of Amazon, also holds a prominent position in the automotive industry. Bezos has diversified his investments and is a significant shareholder in Rivian, an American electric vehicle manufacturer. Rivian’s innovative approach to electric mobility has garnered substantial attention and investment, contributing to Bezos’ wealth.
4. Warren Buffett
Net worth: $100 billion Source of wealth: Berkshire Hathaway and BYD Auto
Warren Buffett, the legendary investor and chairman of Berkshire Hathaway, is another notable figure in the automotive industry. Through Berkshire Hathaway, Buffett has invested in various companies, including BYD Auto, a leading Chinese electric vehicle manufacturer. Buffett’s astute investment decisions have propelled his net worth to significant heights.
5. Carl Icahn
Net worth: $23 billion Source of wealth: Icahn Enterprises and Hertz
Carl Icahn, an American businessman and investor, secures a place on this list due to his involvement in the automotive sector. Through Icahn Enterprises, his diversified conglomerate, Icahn has made strategic investments, including a stake in Hertz, a renowned car rental company. Icahn’s financial acumen has played a crucial role in his wealth accumulation.
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