Analysis: Musk's $5 billion Tesla stock haul has charity circuit buzzing - NewsBreak

Nov 12 (Reuters) - The world's richest man suddenly has more cash than most people can spend in their lifetime. What will he do with it?. Elon Musk, whose net worth is pegged by Forbes at $270 billion, had traditionally kept his wealth tied up in his stake in Tesla Inc (TSLA.O), the electric car maker founded in 2003. He borrowed against his stock when he needed more cash and sold stock mostly to cover tax obligations.