Musk, the world's richest man: Taxes will exceed $11 billion this year!

Recently, Tesla CEO Musk and a US congressman Elizabeth Warren were caught in a fierce verbal battle on Twitter. Elizabeth Warren has long been an active advocate of higher taxes on the wealthy and their assets. Last week, Warren, 72, launched a slam over Time magazine's naming of Musk as Man of the Year. She tweeted that the U.S. tax law is so easily manipulated that the person of the year can't really pay taxes.

Musk fought back fiercely against this accusation. The world's richest man said he will pay more taxes this year than anyone in U.S. history. Musk, who has 67 million Twitter followers, also wrote: "I can tell those who are curious that I will pay more than $11 billion in taxes this year." ”

According to statistics, if Musk exercises all the options that expire in 2022, he will face a huge tax of more than $10 billion in 2021. Over the past few weeks, Musk has exercised nearly 15 million options and sold nearly $14 billion worth of Tesla stock.

Musk, the world's richest man: Taxes will exceed $11 billion this year! Click on the video to see for yourself!