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.
Elon Musk made hats for his boring tunnel company. Thanks, dad. Youâd think that Elon Musk, CEO of Tesla and SpaceX, has enough on his plate. Everyone knows that no startup is real until it has hats and T-shirts, so weâll just count this as one more piece of evidence that Elon Musk is totally serious about tunnels.