Elon Musk
is a South African-born American businessman, inventor, and investor.
Elon Musk Net Worth
is estimated at
$200 billion. Though he often wears many hats and works nonstop to run across his latest objectives, Elon Musk is currently the most widely known as the CEO and principal engineering officer of SpaceX, CEO and principal product architect of Tesla Motors, and chairman of SolarCity.
Elon Musk
holds the record for beingness the richest person in the world and the richest person in modernistic history.

Equally of Oct 2021, Elon Musk had roughly 24 percent of Tesla’s outstanding shares and 43 percent of the privately held SpaceX. By Oct 2021, Tesla’due south market capitalization exceeded $i trillion for the first time. That aforementioned month, SpaceX raised money for over $100 billion. At that point, Elon’southward internet worth approached $300 billion for the outset time.

Elon Musk Net Worth

Cyberspace Worth:	$200 Billion
Salary:	$0
Appointment of Birth:	Jun 28, 1971 (51 years former)
Gender:	Male
Height:	vi ft ii in (1.88 m)
Profession:	Aerospace Engineer, Engineer, Entrepreneur, Investor, Designer, Businessperson, Inventor, Moving-picture show Producer
Nationality:	South Africa

Sold offset company Zip2 to Compaq in 1999 for $340 million
Invested a portion of his windfall into X.com
X.com became Paypal. Paypal sold to eBay in 2002 for $1.5b
Owns 48% of SpaceX which is valued at $46 billion
Owns 22% of Tesla
Cyberspace Worth increased by $142 billion in 2020
One time testified that he is “cash poor” and has $500 million worth of debt
One time owned $100 million worth of existent estate
Sold vi LA homes in 2020

Net Worth History

On January 1, 2020, Elon’s cyberspace worth was $28 billion. He concluded 2020 with a net worth of $170 billion.
Elon’s net worth exceeded $70 billion for the first fourth dimension on July 10, 2020. At that time, his net worth was about $fifteen billion due to private investment in SpaceX, while the remainder was attributable to Tesla.
On July 13, 2020, Elon’s cyberspace worth exceeded $eighty billion, $fifteen billion was derived from SpaceX, and $65 billion was derived from Tesla.
In August 2020, two factors prompted Elon’s net worth to surpass $ninety billion. Two, in mid-August, Tesla shares striking an all-time high of $1,900 per share. Simultaneously, the total market value of Tesla reached $350 billion. Elon’s 20 per centum stake was valued at virtually $lxx billion. The second factor was the increment in SpaceX’s stock valuation, which was formally announced in mid-Baronial. SpaceX’s private valuation increased by $46 billion due to the fundraising circular, upwards from $36 billion. At a value of $46 billion, Elon Musk’s 48 percentage stake added $22 billion to his net worth.
On November 17, 2020, Elon’southward net worth surpassed $100 billion for the start time. At that bespeak, he surpassed Mark Zuckerberg to become the third-richest person on the planet for the first fourth dimension.
On November 24, 2020, Elon’south internet worth exceeded $128 billion for the kickoff time. He was and so the second-richest person in the world, with $54 billion left earlier Jeff Bezos’s net worth of $184 billion. His net worth had risen $100 billion since the new year’s day began.
On Jan 7, 2021, Elon’s net worth reached $195 billion. On this twenty-four hour period, Elon eclipsed Jeff Bezos as the world’s richest person for the outset time.
On January 8, 2021, Elon ended the calendar week with a net worth of $210 billion after starting the week worth $170 billion.
In Oct 2021, when Tesla’due south marketplace cap topped $1 trillion, and SpaceX’s valuation was $100 billion, Elon’s net worth was $300 billion.
On November 1st, 2021, When Tesla’south market cap topped $one.2 trillion, Elon Musk’s net worth was $335 billion.

Tesla Salary

Elon does not take a salary as CEO of Tesla. Instead, he has an exceptionally unusual and highly lucrative bonus plan tied to the business’due south market cap milestones. The bonus plan was devised during the elevation of the company’s worth when Tesla was worth around $fifty billion. There are 12 incrementally-enhanced progress indicators in developing the company’s worth to $50 billion.Elon accomplished every unmarried 100 billion milestone in that corporation’s incentive parcel and earned all 100 billion. Shares related to that incentive package are released quarterly after the Board of Directors confirms the aforementioned milestone was reached.

Early Life

Elon Musk was built-in in Pretoria, South Africa, on June 28, 1971. Musk began programming at ten and fabricated his start software sale, a game he created called Blaster when he was 12. At 17, he moved to Canada to attend Queen’southward University but left afterwards i semester to study business and physics at the University of Pennsylvania. Musk got an economics undergraduate degree and later a master’due south caste in physics, followed by a Ph.D. in energy physics. He abandoned Stanford University to become involved in the cyberspace boom.

Success

Musk’s first company, Zip2 Corporation, was an online city guide. In 1999, a division of Compaq Computer purchased Zip2 for $307 million in cash and $34 million in stock options. Besides, in 1999, Musk co-founded X.com, an online financial service payments company. The X.com conquering the year subsequently led to the formation of PayPal, equally it is known today, and in 2002 PayPal was acquired by eBay for $1.5 billion in shares.

In 2002, Elon Musk founded his tertiary visitor, Space Exploration Technologies Corporation (SpaceX), intending to build spacecraft for commercial infinite travel. Infinite Ten was recognized as part of the 2008 contract with NASA for providing cargo transport services for the International Infinite Station.

Tesla Motors is an American company that produces affordable, mass-marketplace electric vehicles. Tesla was founded in 2003 by Martin Eberhard and Marc Tarpenning. Elon, Ian Wright, and J.B. Straubel were the first four workers, and Tesla retroactively named them co-founders.

Elon Musk challenged him with a $226 one thousand thousand investment in Tesla Motors and a shut business concern relationship with Daimler, the manufacturer of Mercedes-Benz vehicles, which initiated the entrepreneur’southward initial public offering in June 2010. Elon Musk made history in 2012 when he and SpaceX launched the SpaceX Falcon 9 rocket into space. In 2013, Elon Musk presented a concept chosen hyperloop, a new method of transportation capable of traveling faster than 700 mph between major urban centers. In contrast to track, the waterfront would rely on tubes. Musk claimed it might take 7 to ten years to build the hyperloop, test it, and put it to work.

Elon Musk Net Worth Details

Equally of this writing, Elon Musk owns 43% of rocket maker SpaceX and 24% of Tesla.

In a 2019 legal deposition, Musk stated that he’s a little cash-poor and that his 99 personal fortune is attributed to investments in Tesla and SpaceX. The lawsuit also revealed that Musk’s base pay at Tesla is $56,380 annually. He shuns such a paycheck over the years. At the time of the lawsuit, Musk had nearly $500 million in debt held by the majority at Morgan Stanley and Goldman Sachs. Bank of America for at least $sixty 1000000 of this debt was habitation mortgage-related. He’s since tending of many of his properties and re-settled this mortgage debt.

He reportedly burned through all of his liquid cash from previous business sales to launch SpaceX.

Elon Musk

Tesla Bounty Program

In January 2018, the Tesla board of directors announced Tesla C.E.O. Elon Musk’southward new compensation programme, which would pay Musk upwards to $100 billion, and called for information technology to be taken at Tesla’s stockholder vote. The starting time tranche of stock options was delivered once Tesla had a market capitalization of $100 billion (more than double the value when the plan was announced). After that, Elon obtained another tranche every time the company’s market cap increased by $50 billion.

If he did non accomplish whatsoever of the 12 tranches, he would have received nada compensation.

In only three years, ElonTM unlocked all twelve tranches of the compensation plan every bit Tesla’south market place capitalization continued to exceed $1 trillion for the first time in October 2021.

Personal Life

Elon has been married thrice, twice to the same woman, actress Talulah Riley; he was married to Canadian author Justine Wilson from 2000 to 2008. They share v sons. He has as well been romantically linked with extra Amber Heard and Canadian musician Grimes. In 2020, Grimes and Elon Musk welcomed a new boy named X Tex A-Xi. Together they welcomed a new child as an adult surrogate in December 2021.

In the middle of the next year, Tesla CEO Elon Musk also welcomed a prepare of twins born to one of his Neuralink executives.

In total, he has 10 children every bit of this writing.

The Elon Musk affair of December 2021 was detailed in the July 2022 edition of The New Yorker. As a consequence of information technology, venture capitalist Sergey Brin filed for divorce, filing for divorce from his married woman of four years, Nicole Shanahan. Sergey had long supported Elon Musk. He had invested in many Musk companies, including being one of the commencement investors in Tesla.

Real Estate Holdings

Elon previously had a internet worth of $100 million in real estate in California alone. The place of California is the Northern California town of Hillsborough, where he still owns a 100-year-old, 16,000-square-human foot house on approximately l acres. He purchased the house for $23.364 million in 2017.

In Southern California, he was one time the owner of a Bel-Air domicile with a footprint of twenty,000 square anxiety. He purchased that domicile for $17 meg in 2012, then sold information technology for $20 million in 2015, followed by boosted acquisitions with identical holdings. He purchased a home in Bel-Air for $24.25 one thousand thousand in 2016. In 2020, Elon stunned the globe by announcing his intention to sell all worldly possessions, starting with his LA homes. True to his discussion, he proceeded to sell off each home. He sold four in one month to a single buyer in December 2020.