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 the world’s richest person.

The Musk Foundation gave $100,000 to a libertarian think tank in Utah. But for the third year in a row, Elon Musk’s charitable foundation did not give away enough of its money.

Elon Musk has reached a new milestone in terms of wealth. According to Bloomberg, the Tesla CEO’s net worth has climbed to 400 billion dollars, making him the first person to achieve this figure. Earlier this week,