When something is important enough, you do it even if the odds are not in your favor.
Only a few weeks ago, Tesla founder Elon Musk was declared to be the richest person in the world, according to the list of rich people compiled by Forbes. The 50-year-old became the richest person in the world, first in January earlier this year when Musk’s net worth was calculated to be 273.5 billion dollars by Bloomberg.
Although Bloomberg made comparisons between Elon Musk’s wealth and that of John D Rockefeller, Musk emerged as a champion. In fact, Musk even exceeds that of Jeff Bezos, the founder of Amazon, by a solid 79 billion dollars, though Bezons happens to be the second richest person globally.
So without wasting any further time, let’s find out about the wealth of Elon Musk in detail. Keep reading for more information on the same.
Who Is Elon Musk?
Don’t confuse schooling with education. I didn’t go to Harvard but the people that work for me did.
Born on 28th June 1971, Elon Reeve Musk was the eldest of the three Musk children growing up in Pretoria, South Africa. Musk was just ten years old when he started developing a specific interest in both video games and computing and went on to get hold of a Commodore VIC-20. But did you know that he actually learned computer programming manually?
Little Musk then went on to create a BASIC_based video game, Blastar, which he sold to PC and Office Technology magazine for 500 dollars. After he graduated from Pretoria Boys High School, Musk decided to enter the United States from Canada. The year was 1989 when Musk finally entered Canada, but it wasn’t till 1992 that Musk set foot in the United States.
Before becoming Tesla Elon musk, the man honestly had a crazy career. He simply dropped out of a big university like Stanford, and that too only after attending classes for only two days. The internet boom had just hit the United States, and Musk decided that launching his one startup would perhaps prove to be a better idea than attending classes at Stanford University. Guess what? He was right!
But before we talk about Elon Musk more, check out his biography details below!
|Name||Elon Reeve Musk|
|Birthday||June 28, 1971|
|Birthplace||Pretoria, Transvaal, South Africa|
|Siblings||Kimbal Musk and Tosca Musk|
|School||Waterkloof House Preparatory School, Bryanston High School, Pretoria Boys High School|
|College||Queen’s University, University of Pennsylvania|
|Citizenship||United States, Canada, and South Africa|
|Spouse(s)||Justine Musk (2000 – 2008) and Talulah Riley (2010 – 2016)|
|Current Partner||Claire Elise Boucher also known as Grimes|
|Children||Xavier Musk, Saxon Musk, Damian Musk, Kai Musk, Griffin Musk, Nevada Alexander Musk,|
Now that you have a fair idea about the early life of Elon Musk let’s find out how one startup idea changed his life forever!
Elon Musk And The Startup Which Changed Things Forever:
I could either watch it happen or be a part of it.
Instead of googling ‘Elon musk Twitter’ for such details, keep reading and find out how a small startup changed things forever for the richest man in the world! Scroll down and check out the timeline of Elon Musk’s career!
It all started with Zip2! The year was 1995 when Musk launched Zip2, a web software agency with his brother Kimbal and Greg Kouri, with the help of funds from angel investors. With a small office in Palo Alto, the company did quite well. However, this wasn’t supposed to be Musk’s future.
X.com And PayPal
By 1999, Elon Musk was ready with his next startup venture, an online financial-related service. He followed it up with PayPal, an email-oriented payment company. In the initial days of the two start-ups, more than 20 thousand people joined in, making these a success overnight. This was also not Musk’s ultimate future, and this chapter too came to an end soon.
The 200os witnessed Elon Musk doing what was finally awaiting him. He launched what he is known for today!
- Space X (founded in 2002)
- Tesla (founded in 2003)
In all this, the only thing that makes sense is Elon Musk’s life mantra,
If you get up in the morning and think the future is going to be better, it is a bright day. Otherwise, it’s not.
The Elon Musk Net Worth Story:
You want to have a future where you’re expecting things to be better, not one where you’re expecting things to be worse.
The Elon musk net worth story is fascinating, considering the number of years Musk put into work before becoming the richest man in the world. The Bloomberg Billionaire Index ranks Musk as the richest man in the world, with a net worth of 252 billion dollars. And that’s not the only list he is on. Even the Forbes Rich List has ranked him on top with a net worth of 264 billion dollars!
Let’s check out his assets, holdings, salary, and income in detail!
- Elon Musk has nearly a 17% stake in his clean energy and electric vehicle venture, Tesla. Yahoo Finance determines Tesla’s market cap to be at 1.018 trillion dollars which makes Musk’s share to be somewhere above 170 billion dollars.
- Musk’s other venture is valued to be at 100.3 billion dollars, of which 40% share belongs to Elon himself. This basically means Musk has around 40 billion dollars to himself.
- Musk’s other ventures like Neuralink, OpenAI, and The Boring Company are not listed publicly. As a result, Musk’s share in each venture cannot be confirmed. However, what we do know is that while Neuralink and The Boring Company have been valued to be somewhere between 500 million and 1 billion dollars, Open AI is valued to be over a billion dollars.
The ratcoin Elon musk has very naturally kept investing and multiplying his money in the past many years. Check out the table below for more information on the same.
|Net Worth||265.10 billion dollars|
|Net Worth (In Indian Currency)||20 Lakh Crore INR|
|Monthly Salary And Income||$200 million +|
|Annual Income||$2400 million +|
|Personal Investments||11.6 million dollars|
|Luxury Cars||21.8 million dollars|
Frequently Answered Questions:
Ans: As of 2022, there are as many as 2,668 billionaires across the world, according to Forbes’ Billionaire List. The CEO of Space, Elon Musk, is the richest man in the world currently, with a net worth of 265.10 billion dollars.
Ans: The popular American eCommerce site eBay bought PayPal for a solid 1.5 billion dollars. Thus, Elon Musk sold it for the mentioned amount of money.
Ans: The CEO of Tesla is Elon Musk. He also happens to be the largest shareholder of Tesla, with 21.7% shares under his name.
Failure is an option here. If things are not failing, you are not innovating.”
There is no point looking for ‘Elon musk age’ stories online because the world knows the man is 50. Instead, have you tried to find out about the ‘Twitter Elon musk’ story, which highlighted the shares Musk acquired on the social networking platform. The world’s richest man did not become rich overnight – it was a journey that he did not give up on!
Let us know in the comments below your thoughts on the same.