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Elon Musk's charitable foundation ballooned to $9.5 billion in assets last year while handing out $237 million in gifts, most of which went to other entities controlled by him. The figures are part of the Musk Foundation’s latest tax filing, obtained Thursday by Bloomberg News

bloomberg.comMusk’s Charitable Foundation Sent Most of Its Millions to His Own EntitiesElon Musk’s charitable foundation ballooned to $9.5 billion in assets last year while handing out $237 million in gifts, most of which went to other entities controlled by the world’s richest person.

Because philanthropy is a tax diversion tactic used by millionaires to evade taxes and become billionaires. The mega rich playbook is detailed in the book Dark Money.

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