Elon Musk’s inner circle rocked by fight over his $230 billion fortune

Elon Musk’s personal foundation gave away $23.6 million in fiscal 2020, the most recent year for which data is available, filings show. That represented roughly 0.02% of his net worth as of the end of that year, according to Forbes rankings (Photo: Reuters)Premium
Elon Musk’s personal foundation gave away $23.6 million in fiscal 2020, the most recent year for which data is available, filings show. That represented roughly 0.02% of his net worth as of the end of that year, according to Forbes rankings (Photo: Reuters)
wsj 11 min read . Updated: 17 Jul 2022, 07:07 PM IST Rob Copeland, The Wall Street Journal

Before the Tesla CEO’s billion-dollar battle over Twitter, another fight broke out over how his charitable giving should be managed. Ex-professional gambler Igor Kurganov became a top Musk adviser on giving his fortune away. Jared Birchall, his wealth manager and key player in financing the bid for Twitter, wanted him out.

Late last year, Jared Birchall cornered his boss, Elon Musk.

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