Mutual company. 1  A corporation that is owned by a group of members and that distributes income in proportion to the amount of business that members do with the company. 2  A company structure in which the company's owners are also its clients. 3  A company owned by its customers rather than by a separate group of stockholders.
Elon Musk has an estimated net worth of $13.2 billion, making him the 87th richest person in the world, according to Forbes' real-time ranking on June 15. Microsoft founder Bill Gates currently reigns as the wealthiest person on this planet, with a net worth of $79.1 billion.
After that, it's a long road before Tesla could top the number one car company. Toyota's market value is $160 billion. But Musk might not even be satisfied if Tesla gets to that level. Two years ago, he boldly predicted that Tesla could one day be worth as much as Apple . Apple was worth $700 billion at the time and is now worth about $750 billion. Musk will have to sell a lot of Model 3s and solar roofs to get there.