Elon Musk Net Worth: Income, Assets, Biography, and More


Elon Musk Net Worth: Income, Assets, Biography, and More
Elon Musk Net Worth: Income, Assets, Biography, and More
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Introduction

Elon Musk, born June 28, 1971, is an entrepreneur as well as a business magnate. He is the founder of The Boring Company; the founder, CEO, and Chief Engineer at SpaceX; CEO, Product Architect, early-stage investor of Tesla, Inc.; chairman of SolarCity as well as the co-founder of OpenAI and Neuralink.

Elon Musk holds the record for being the richest person in the world as per Forbes and the Bloomberg Billionaires Index, and the richest person in modern history, having a net worth of around $233 Billion which is ₹1,75,56,20,05,00,000.

Name Elon Reeve Musk
Age 50
Birth Date June 28, 1971
Birth Place Pretoria, Transvaal, South Africa
Height 6ft 2in
Citizenship South Africa, Canada, United States
Net Worth $233 Billion
Net Worth (INR) ₹1,75,56,20,05,00,000
Religion Atheist
Ethnicity South African from his father’s side

Canadian from his mother’s side

Profession Aerospace Engineer, Engineer, Entrepreneur, Investor, Designer, Businessperson, Investor, Film Producer
Titles ·       Founder, CEO, and Chief Engineer of SpaceX

·       CEO and product architect of Tesla, Inc.

·       Founder of The Boring Company and X.com (now part of PayPal)

·       Co-founder of Neuralink, OpenAI, and Zip2

·       President of Musk Foundation

Marital Status Divorced
Spouse(s) Justine Wilson (m. 2000; div. 2008)​

Talulah Riley (m. 2010; div. 2012)​

​(m. 2013; div. 2016)

Partner(s) Grimes (2018–2021)
Children 7 (Griffin, Xavier, Damian, Saxon, Kai, X Æ A-Xii, Nevada Alexander (deceased)

Elon Musk Early Life

Elon Reeve Musk was born on June 28, 1971, in Pretoria, South Africa, in a very successful and wealthy family. His mother, Maye Musk, was a model and dietitian, and his father was an electromechanical engineer, pilot, sailor, consultant, as well as a property developer. Elon Musk has a younger brother named Kimbal, who is now a venture capitalist; and a younger sister named Toska, who is an award-winning producer and director. Musk went to live with his father, a choice he would grow to regret, 2 years after his parents went through a divorce. Musk now describes his father as “a terrible human being… Almost every evil thing you could possibly think of, he has done.” On his father’s side, he has a half-brother as well as a half-sister.

Elon Musk with his kid
Elon Musk with his kid

Musk was an introverted child which led to him being the victim of the bullies all throughout his childhood years and was even hospitalized at one point for being thrown down the stairs. “They got my best friend to lure me out of hiding so they could beat me up. And that hurt,” Musk said. “For some reason, they decided that I was it, and they were going to go after me nonstop. That’s what made growing up difficult. For a number of years, there was no respite. You get chased around by gangs at school who tried to beat the (expletive) out of me, and then I’d come home, and it would just be awful there as well.”

At the age of 10, Musk bought his first computer and taught himself how to program. At the age of 12, he created his first software sale of Blaster for $500, a game that he had created. In 1989, when Musk was 17 years old, he moved to Canada, against his father’s will, and enrolled himself at Queen’s University, however, left it in 1992 in order to attend the University of Pennsylvania, where he studied business and physics. It was here that he crossed paths with Justine Wilson, who would later be his wife and share 5 sons with.

At the age of 24, he enrolled himself in Stanford University to pursue a Ph.D. in applied physics but dropped out of the program after 2 days in order to pursue his entrepreneurial aspirations.

Elon Musk Personal Life

In the year 2010, Elon Musk said that he would “rather stick a fork in my hand than write about my personal life.” But over the years, he has let some knowledge loose.

Elon Musk has been married thrice, once to Justine Wilson; and twice to the Pride and Prejudice actress, Talulah Riley. However, all his marriages have ended up in divorces. He has seven children from which, one he lost to SIDS.

In 2000, he married his first wife, Justine Wilson, and they had their first child together named Nevada Alexander, who they lost to SIDS (Sudden Infant Death Syndrome) after just 10 weeks of his birth. The couple was later blessed with a set of twins and triplets through in vitro fertilization, in the years 2004 and 2006, respectively. Justin and Musk separated from each other and shared joint custody of their 5 sons in the year 2008.

Elon Musk Image
Elon Musk Image

After his second divorce with Talulah Riley, Musk began dating the musician Grimes, making their debut as a pair in May of 2018, and had their first child together named X Æ A-12, on May 4, 2020. X Æ A-12 is apparently pronounced “Ex Ash A Twelve” or “Ex Ay Eye,” and is stated to have violated California’s naming law. It was later changed to X Æ A-Xii. He is his father’s seventh child. Grimes and Musk “semi-separated” in September 2021.

Elon Musk Educational Qualifications

  • Bachelor of Arts in Economics from University of Pennsylvania
  • Bachelor of Science in Physics from University of Pennsylvania
  • D. in Energy Physics from Stanford University, California (dropped out)

Elon Musk Salary

Tesla- Elon Musk does not take a salary from Tesla even though he is the CEO, instead has a very unusual and lucrative bonus plan entangled to the company’s market cap milestones. Elon was qualified to receive $100 billion from the bonus plan after successfully hitting each milestone.

Annual ₹ 2,13,16,22,03,87,157.00
Monthly ₹ 17,76,35,16,98,929.75
Weekly ₹ 4,09,92,73,15,137.63
Daily ₹ 81,98,54,63,027.53

Elon Musk Assets

Real Estate- Earlier, Elon Musk owned $100 million worth of real estate all over California. He still remains in the possession of a 100-year-old, villa in Northern California, that he purchased back in 2017 for $23.364 million. He also owned 6 homes in Southern California, which were sold one by one in 2020, after he made an astonishing declaration of selling all of his possessions in the world.

Cars- Elon Musk has had a variety of cars over the years with his first vehicle being a 1978 BMW 320i. He even had a McLaren F1, however, he totaled it on Sand Hill Road, Silicon Valley. He then purchased a 1967 E-Type Jaguar, after receiving the initial bonus Zip2. In the year 2013, Musk bought the Lotus Esprit submarine car which is used in the James Bond movie “The Spy Who Loved Me,” after paying $920,000 at an auction for it. Musk has owned an Audi Q7, a Hamann BMW M5 sports car, a Porsche 911, and a Ford Model T which was gifted to him by one of his girlfriends. He also owns a Tesla Model S; Tesla Cybertruck; and a Tesla Roadster, which he sent to space.

Key facts about Elon Musk:

  • In 1999, Elon Musk sold his first company, Zip2, to Compaq for $340 million.
  • In 2020, Elon Musk sold 6 of his LA homes.
  • Elon Musk owns 48% of SpaceX, valued at $46 billion; and 22% of Tesla.
  • Elon Musk once testified he has $500 million worth of debt, which he owes to Morgan Stanley and Goldman Sachs.
  • Elon Musk once owned about $100 million worth of real estate.
  • Elon Musk began 2020 with a net worth of $28 billion and ended the year with a net worth of $170 billion.
  • Elon Musk was greatly inspired by Isaac Asimov’s book “Foundation Series.”
  • Elon Musk moved to Canada against his father’s will at the age of 18.
  • Musk has identified himself as having Asperger’s syndrome, a mild autism spectrum disorder.
  • Elon Musk is known to work 80 to 120 hours per week.

FAQs related to Elon Musk

  1. Who is Elon Musk?

Elon Musk is the founder, CEO, and Chief Engineer at SpaceX; the CEO, Product Architect, early-stage investor of Tesla; and the richest person in the world as well as the richest person in modern history.

  1. What is the net worth of Elon Musk?

The net worth of Elon Musk is $233 Billion which amounts to ₹1,75,56,20,05,00,000 (INR).

  1. Is Elon Musk married?

Elon Musk is currently divorced. However, he has been married thrice before- once to Justine Winston and twice to Talulah Riley.

  1. Does Elon Musk have children?

Yes, Elon Musk has 7 children, from which he lost one to SIDS (Griffin, Xavier, Damian, Saxon, Kai, X Æ A-Xii, Nevada Alexander (deceased).

  1. How is X Æ A-Xii pronounced?

X Æ A-Xii is apparently pronounced “Ex Ash A Twelve” or “Ex Ay Eye.”

  1. Who is the richest person in the world?

As of 2022, Elon Musk is the richest person in the world.

  1. Does Elon Musk smoke?

Yes, Elon Musk does smoke.

  1. Where did Elon Musk go to college?

Elon Musk went to Queen’s University in Kingston, Ontario, Canada; and then to the University of Pennsylvania in Philadelphia.

  1. What does Elon Musk do at Tesla?

Elon Musk is the co-founder and the CEO of Tesla.

  1. What is Elon Musk’s height?

Elon Musk’s height is 6ft 2in.

  1. How old is Elon Musk?

Born on June 28, 1971, Elon Musk is now 50 years old.

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