If Elon Musk was ever to buy Liverpool it’s likely they would fast become the richest football club in the world due to the tech guru’s astonishing net worth.
Rumours of Musk making a foray into English football have intensified in the last few days after the South African-born billionaire’s father, Errol, admitted his son would be interested in buying the Reds from current owners Fenway Sports Group (FSG).
When asked whether his son harboured an interest in taking control of Anfield, Errol told Times Radio: “I can’t comment on that. They’ll raise the price.” When pressed on the matter, he added: “Oh, yes. But that doesn’t mean he’s buying it. He would like to, yes, obviously. Anybody would want to – so would I.”
While the likelihood of Musk buying one of the Premier League’s biggest assets is something of a remote possibility for the foreseeable future, given FSG’s current commitment, Errol did push the matter further as he explained how his family’s lineage is closely tied to the city of Liverpool.
“His grandmother was born in Liverpool, and we have relatives in Liverpool,” Erroll said. “We were fortunate to know quite a lot of The Beatles because they grew up with some of my family. So, we are attached to Liverpool, you know.”
There’s not a slither of doubt that Musk, currently known as the richest man on the planet, could afford to get the deal done. Per Forbes, he boasts a staggering estimated wealth of £344.7billion ($415.8b).
He made headlines in 2022 when he purchased Twitter, now known as ‘X’, for an eye-watering $44.bn (£35.3bn). However, while buying a football club would be a significantly cheaper endeavour, it’s thought that branching out into the world of sports may not be on the list of priorities for the man who has just been appointed as co-lead of President-elect Donald Trump’s new ‘Department of Government Efficiency’.
Musk’s accumulation of such unrivalled wealth goes back to his youth. Born into a wealthy family in 1971, the tycoon demonstrated an early interest in technology and innovation which led him to up sticks to the U.S. at the age of 17 to attend college.
He and his brother, Kimbal, later created Zip2 Corporation in 1995. Zip2, which helped usher in content for both The New York Times and Chicago Tribune websites, was a big hit, and in 1999 the brothers sold it for £225million.
They then founded online banking service X.com, with the money from the Zip2 sale. The company was later merged with cash transfer service PayPal and Musk broke the billion barrier when X.com was acquired by eBay for a cool £1.5bn in 2002. Musk, PayPal’s largest shareholder with 11.7%, received $176m (£142m).
Then came the businesses Musk is often synonymous with – Tesla and SpaceX. Musk founded SpaceX in 2002 and joined Tesla Motors in 2004. By 2008, SpaceX was awarded a contract by NASA to handle cargo transport for the International Space Station, with a view to replacing NASA’s own space shuttle missions in the future. SpaceX is now worth an estimated £350b.
However, that’s chicken feed compared to what Tesla, the car company Musk became CEO of in 2004, is now worth. According to Companies Market Cap, as of January 2025, Tesla has a market cap of an astronomical £1.023trillion, which makes it the world’s 8th most valuable company.
Tesla’s shares have also increased nearly 70% in 2024, and have jumped since the US election which saw Trump, in part thanks to Musk’s tireless campaiging, return to the Oval Office. Musk has also seen his net worth jump by 77% since Trump’s re-election as president in November, according to Bloomberg, making him the first person in history to top the $400bn mark.
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