November 18, 2018,   7:41 AM

Billionaires' Race To The Outer Space

Jason Lasardo

I along with my team make the rankings and lists at Forbes Middle East, we collect and collate... FULL BIO

bezos final

The space race picked up momentum between Russia and the USA during the cold war. But today billionaires are in a race with each other to make space travel cheaper, faster and more accessible to the common man. Below are the billionaires who are looking to mint a fortune through the business of space travel.

Jeff Bezos

Net Worth: $ 112 B

Company Name: Blue Origin

Founded in 2000, by Jeff Bezos, Blue Origin has a vision of facilitating millions of people living and working in space. Blue Origin’s engines are designed, developed and manufactured, which will dramatically bring down the cost of space travel dramatically.

Paul Allen

Company Name: Stratolaunch

Net Worth: $ 112 B

Stratolaunch was founded in 2011 by Paul G. Allen and is developing an air-launch platform to make access to space more convenient, reliable, and routine. Stratolaunch is the world’s largest aircraft by wingspan and is the largest all-composite plane ever built. Utilizing six Boeing 747 engines for a payload capacity of over 500,000 lbs.

Elom Musk

Net Worth: $21.7 B

Company Name: SpaceX

SpaceX designs, manufactures and launches advanced rockets and spacecraft. The company was founded in 2002 to revolutionize space technology, with the ultimate goal of enabling people to live on other planets.

Richard Branson

Company Name: Virgin Galactic

Net Worth: $ 5 B

Virgin Galactic, part of Sir Richard Branson’s Virgin Group, and sister companies, The Spaceship Company and Virgin Orbit are developing and operating a new generation of space vehicles to open space for everyone. 

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