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 Reeve Musk (/ Ë iË l É n Ë m Ê s k /; born June 28, 1971) is a South African-born American business magnate, investor, engineer, and inventor. He is the founder, CEO, and CTO of SpaceX; a co-founder, Series A investor, CEO, and product architect of Tesla Inc.; co-chairman of OpenAI; founder and CEO of Neuralink, and founder of The Boring Company (2016).