City
Epaper

Elon Musk will be paying these much tax, this year

By Lokmat English Desk | Updated: December 20, 2021 11:04 IST

The richest man on the planet Elon Musk, is now became the inspiration of many. In last few days ...

Open in App

The richest man on the planet Elon Musk, is now became the inspiration of many. In last few days Musk sold $14 billion worth shares of his company Telsa. And now his net worth has climb up to $1 trillion, which is highest in the world. 

And now Elon Musk has announced that he will pay over $11 billion in taxes this year. He took his twitter and wrote "For those wondering, I will pay over $11 billion in taxes this year". 

Musk has made this announcement in responding to Elizabeth Warren's tweet, earlier this week Warner tweeted "Person of the Year" referring to Elon Musk, “Let’s change the rigged tax code so The Person of the Year will actually pay taxes and stop freeloading off everyone else,”, she wrote in her tweet referring to Musk. 

To which Musk also responded, he wrote "If you opened your eyes for 2 seconds, you would realize I will pay more taxes than any American in history this year."

And now finally Musk revelead how much taxes he would pay this year.  

Tags: Elon Musk
Open in App

Related Stories

TechnologyFrom H-1B Visas to AI: Key Highlights from Elon Musk and Nikhil Kamath Podcast

InternationalTrump’s Dinner: From Cristiano Ronaldo to Elon Musk; Here's Who Joined Saudi Crown Prince at White House

NationalX Down: Global Outage Leaves Users Unable to Access App and Website

MaharashtraMaharashtra Becomes First State to Tie Up With Elon Musk’s Starlink for Internet Services

NationalWhy Elon Musk Congratulates INOX Group Director Siddharth Jain?

Business Realted Stories

BusinessBSE proposes cap on free order messages, plans charges beyond 10-crore daily limit

BusinessRBI issues compounding order for FEMA violations by Genpact India: ED

BusinessEnglishYaari Raises INR 1 Cr at INR 10 Cr Valuation; Bihar Startup Targets INR 50 Cr ARR by 2027

BusinessIndia’s AI talent base expected to more than double by 2027

Business3 Must-Visit Restaurants to Celebrate Christmas in Delhi NCR