Elon Musk, the world's richest individual, has made it clear that he does not intend to pass on his fortune directly to his children. In a recent interview, Musk stated that he does not support the idea of children automatically inheriting control or shares in his companies, saying 'I think that's a mistake.'
Musk believes that leadership of his companies should go to individuals based on capability rather than lineage, and has reportedly identified individuals he trusts to manage his business empire in the event of his absence.
With 14 children from four different women, Musk's children could potentially inherit tens of billions of dollars if divided equally. However, it is unclear how much, if any, of his fortune will be placed in trusts, donated, or distributed to family members outside of company leadership structures.
