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Story summary
- Kimbal Musk's net worth rose to $1.6 billion, ranking him 2,485th globally.
- He holds .03% of Tesla and .05% of SpaceX, main sources of his wealth.
- He served on Tesla's board since 2008 and on SpaceX's board until 2022.
- He co-founded Zip2 with Elon Musk, which Compaq bought for over $300 million in 1999.
- Forbes listed Elon Musk's net worth at $935.2 billion as of Friday, after a drop following SpaceX's IPO.
