In 2023, Elon Musk paid $11 billion in income taxes, which was one of the largest individual tax bills in history.
Which is more than 2,5% of his total wealth.
In 2021, Elon Musk paid a significant amount in taxes, with estimates ranging from $8.3 billion to $12 billion, making it one of the largest individual tax payments in U.S. history. This substantial tax bill was primarily due to Musk exercising stock options that were set to expire, which triggered a large taxable income event.
Blablabla. Basically, believe it or not. 2,5% isn't that big of a deal