The $5.7 billion of Tesla Inc. shares that Elon Musk donated to an unnamed organization at the end of 2021 went to his own charitable arm, instantly making it one of the largest foundations in the …
By Sophie Alexander | Bloomberg
The Musk Foundation held $9.4 billion in assets at the end of 2021, according to a tax filing obtained by Bloomberg News. It sent about $160 million to nonprofits last year, by far the most the world’s richest person has donated from his organization in a calendar year. Other donations listed in the tax form show Musk following through on promises to school districts and nonprofits in the area around Brownsville, Texas, near his SpaceX spaceport in Boca Chica, Texas.
The foundation’s tax forms list Musk, his right-hand man Jared Birchall and Matilda Simon as directors. There are no other employees listed in the filing.
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