Trevor Milton is an American entrepreneur and investor who has made a fortune in the energy industry. He is the founder of Nikola Corporation, a company that specializes in zero-emission, fuel-cell-powered vehicles. Milton’s net worth has grown significantly over the years, and he is now one of the wealthiest people in the US. In this article, we will take a closer look at Milton’s wealth, sources of income, and how it is invested.
Trevor Milton’s Wealth
Milton’s net worth is estimated to be around $4.2 billion, as of 2021. This figure is based on his stake in Nikola Corporation, which is currently valued at around $11 billion. Milton also owns several other businesses, including a venture capital firm and a real estate investment company. His wealth has grown significantly over the years, and he is now one of the wealthiest people in the US.
Sources of Income
Milton’s primary source of income is his stake in Nikola Corporation. He is the founder and executive chairman of the company, and his holdings are currently estimated to be worth around $2.7 billion. In addition to this, Milton also generates income from his other businesses, such as his venture capital firm and real estate investments. He also earns a salary as the executive chairman of Nikola Corporation.
How It’s Invested
Milton has invested his wealth in various business ventures, such as his venture capital firm and real estate investments. He has also invested in renewable energy companies, such as solar and wind power. In addition, he has made investments in other industries, such as healthcare and technology. Milton is also an active philanthropist, and has donated to various charities and causes.
Trevor Milton is one of the wealthiest people in the US, with an estimated net worth of around $4.2 billion. His primary source of income is his stake in Nikola Corporation, but he also earns income from his other businesses and investments. Milton has invested his wealth in various business ventures, renewable energy companies, and philanthropic causes.
