Elon Musk is the richest man in the world and recently became one of the most powerful. However, his net worth has dropped by $18 billion this year, according to the Bloomberg billionaire list. That leaves him at $414 billion,

Elon Musk, who has moved swiftly to shrink the size of the U.S. government at President Donald Trump's behest, is now considered a "special government employee," the White House said on Monday.

The richest man in the world is now a 'Special Government Employee' of the U.S. Where was Elon Musk born? Here's more about his citizenship status

Elon Musk now has access to the $6-trillion U.S. federal payment system, and has other government departments in his crosshairs. Is the richest man in the world launching a soft takeover of the U.S. government?

Elon Musk—the man Republicans are letting dismantle the government—has a direct personal and financial interest in dismantling much of the government. He’s a walking conflict of interest,” says Chris Hayes.

The White House tells CBS Musk is a Special Government Employee and has quote "abided by all applicable federal laws.".