Reviewed Elon Musk net worth 2024. The CEO and creator of Tesla and SpaceX is Elon Musk. Elon Musk leads the world in wealth, with an estimated net worth of $198 billion.
Elon Musk is who?
Elon Musk net worth 2024, is an American businessman, investor, engineer, and inventor who was born in South Africa. Elon Musk is the chairman of Neuralink, the CEO and co-founder of SpaceX, and the CEO and product architect of Tesla, Inc. In addition, he founded The Boring Company, Zip2, and SolarCity. He also served as chairman of SolarCity for a while.
Elon Musk is the second-richest person in the world and among the wealthiest people with a net worth of about $198 billion, based on the Forbes real-time billionaires index. Elon Musk has an approximate net worth of Rs. 2,10,000 crore in rupees.
The millionaire is currently making headlines for all the wrong reasons. Plenty of information about him has leaked ahead of the release of his biography book. According to reports, Elon Musk net worth 2024 seriously harmed Ukraine’s offensive front in the ongoing Russo-Ukrainian War. Just as Musk’s Starlink satellite communication system was about to be used by Ukrainian troops to launch an attack against Russian naval warships, Musk suddenly severed the submarines’ satellite link, disrupting the entire operation.
Elon Musk net worth 2024 is in the news for other reasons besides this one. In addition, the eccentric billionaire and Grimes, his ex-wife, are at odds over custody. It seems that Musk and Grimes are parents to three kids, not two. X A-12, Techno Mechanicus, and Exa Dark Siderael Musk are the names of Musk’s three offspring as of right now. This particular information regarding his personal life was disclosed by Walter Isaacson, the author of his biography. Additionally, Isaacson wrote Steve Jobs’ biography. Jobs is the founder of Apple.
Elon Musk’s Primary Years
Contents
- 1 Elon Musk’s Primary Years
- 2 Elon Musk Net Worth 2024
- 2.1 Elon Musk’s income and sources of wealth
- 2.2 Elon Musk’s Current Net Worth Updates
- 2.3 Which Vehicles Is Elon Musk Owning?
- 2.4 Is Elon Musk a charitable person?
- 2.5 References:
- 2.5.0.1 What will Elon Musk’s net worth be in 2023?
- 2.5.0.2 After Bernard Arnault and his family, the founder and CEO of SpaceX and Tesla is the second richest person on the planet. Elon Musk is currently estimated to have a net worth of $140 billion.
- 2.5.0.3 Where does Elon Musk stand on Forbes’ list of the world’s richest people?
- 2.5.0.4 On Forbes’ World’s Richest List, Elon Musk comes in second place. The CEO of LVMH, Bernard Arnault & Family, is ranked #1.
Musk’s professional life started in 1995 when he and his brother Kimbal established Zip2, a business that offered news organizations software for posting information online. Compaq purchased the business in 1999 for around $300 million. Following the sale of Zip2, Musk co-founded X.com, an online payment business that subsequently changed its name to PayPal before being acquired by eBay in 2002 for a $1.5 billion sum.
In 2004, Musk made his first move into the automotive sector when he acquired a majority stake in Tesla Motors, a business that designs and produces energy storage systems, electric vehicles, and solar panel manufacturing. Tesla has developed into a global leader in electric vehicles thanks to Musk’s leadership, and the company has produced a number of popular models, such as the Model S, Model X, Model 3, and Roadster.
Musk was a co-founder of SolarCity, a business that offers energy management and solar panel installation services, in 2006. For $2.6 billion in 2016, Tesla, Inc. purchased SolarCity.
In addition, Musk is the co-founder and CEO of SpaceX, a firm that develops and produces cutting-edge rockets and spaceships. In addition to its intentions to populate Mars, SpaceX has gained notoriety for its successful launches, which include the first privately funded liquid-fueled rocket to reach the International Space Station. Apart from his involvement in the automotive and aerospace sectors, Musk also serves as the chairman of Neuralink, a business that creates brain-machine interfaces that are implanted.
Elon Musk Net Worth 2024
Elon Musk net worth 2024,Musk’s businesses’ successes and his ownership shares in them have contributed to a large increase in his net worth over time. Elon Musk’s estimated net worth as of 2024 is more than two lakh crores of Indian rupees.
Stated differently, Elon Musk has a net worth of around $198 billion.
Elon Musk’s income and sources of wealth
Among PayPal’s notable stockholders is Elon Musk. Owning 13.4% of Tesla stock accounts for a sizable chunk of Elon Musk’s total net worth. He founded SpaceX in 2002, and he now owns around 25% of the company through stock and options. He also owns Twitter, a microblogging platform. According to estimates, Musk’s passive portfolio contains 73% of the business.
With his current net worth, Elon Musk is the second richest person on the planet. The CEO of Amazon, Jeff Bezos, is the richest person on the planet.
| Net Worth: | $198 Billion |
| Salary: | $2400 Million (Approx.) |
| Monthly Income: | $200 Million (Approx.) |
| Date of Birth: | June 28, 1971 |
| Age: | 52 Yrs |
| Height: | 1.80 M (5′ 11”) |
| Nationality: | American, Canadian and South African |
Elon Musk’s Current Net Worth Updates
Musk reached a peak of $340 billion in net worth in November 2021.
Elon Musk has lost an astonishing $200 billion in net worth; his current estimated net worth is $173 billion.
Musk is the first billionaire to ever lose $200 billion in value, according to Bloomberg.
Musk receives the most of his income from Tesla (TSLA), a company whose stock dropped 65% in 2022.
Musk’s $44 billion acquisition of Twitter hasn’t helped the value of Tesla’s stock or his personal wealth.
Since revealing his interest in Twitter in April, Elon Musk—the biggest stakeholder in Tesla—has sold shares valued at $23 billion.
Before his astonishingly large net worth made him practically untouchable, Musk was the richest person on the planet. But Bernard Arnault, the Chairman and CEO of LVMH, surpassed him to become the “Richest Man on the Planet” by the end of 2022. Ever since, Musk has maintained his ranking as the second richest billionaire on the list.
According to Forbes, Tesla, the eccentric billionaire’s automaker, saw its stock price rise 4.6% to $235 on June 8, its tenth day of increases in a row.Elon Musk was able to reclaim his title as the richest person in the world thanks to this gain. Musk now has a net worth of $220.2 billion, which is $4.2 billion more than Bernard Arnault. This information comes from Forbes.
But following the closure of the market, Arnault emerged victorious, knocking Musk back to second place.
On July 20, as Tesla’s stock fell, Musk’s net worth decreased by $20.3 billion.
Jeff Bezos overthrew Elon Musk to become the world’s richest person in February 2024.
Elon Musk’s residences and real estate holdings
The eccentric billionaire, who has unrestricted access to some of the most exquisite homes in the world, publicly promised to “possess no house” and is currently living in a small $50,000 residence in Boca Chica, Texas.
Which Vehicles Is Elon Musk Owning?
Elon Musk is a billionaire who collects expensive and vintage vehicles. This is a list of every vehicle he owns.
| Elon Musk Car Collection | Price |
| 1978 BMW 320i | $1,400 |
| 1967 Jaguar E-Type | $40,000 |
| 1997 McLaren F1 | $815,000 |
| 2006 Hamann BMW M5 | $103,500 |
| 2008 Tesla Roadster | $98,950 |
| 2010 Audi Q7 | $48,000 |
| 1976 Lotus Esprit “Wet Nellie” | $920,000 |
| 2012 Porsche 911 Turbo | $154710 |
| 1920 Ford Model T | $850 |
| Tesla Model X | $94,990 |
| Tesla Model 3 Performance | $58,990 |
| 2019 Tesla Model S Performance | $20,000 |
| Tesla Cybertruck | $69,900 |
Is Elon Musk a charitable person?
Elon Musk net worth 2024 .Is the head of The Musk Foundation, which aims to support scientific and engineering education programs in addition to advocating for research, development, and lobbying. Musk’s OpenAI, which was a non-profit at the time, received over half of the $25 million in direct donations to nonprofits made by the foundation between 2002 and 2018. Since 2002, the foundation has made more than 350 donations.
Following a gift of $55 million to Memphis’ St Jude Children’s Research Hospital in 2021, the millionaire presented $54 million to the X Award Foundation.
References:
Elon Musk net worth 2024 ,It’s a good day if you wake up in the morning believing that things will get better. If not, it’s not.. What’s the purpose? What motivates you? What about the future appeals to you? I find it really dismal if the future does not involve living among the stars and as a species that inhabits multiple planets.”
“It’s crucial to persist. Until you are forced to quit up, you shouldn’t give up.”
“I believe that regular people have the ability to choose to be extraordinary.”
Over the years, Musk has been the subject of debate and criticism due to a number of factors, including his public remarks, management style, and involvement in multiple litigation. Nonetheless, he has become a contentious but significant personality in the tech sector and beyond because to his creative ideas and audacious future ambitions.
FAQ:
What will Elon Musk’s net worth be in 2023?
After Bernard Arnault and his family, the founder and CEO of SpaceX and Tesla is the second richest person on the planet. Elon Musk is currently estimated to have a net worth of $140 billion.
What is Elon Musk’s Indian Rupee net worth?
Elon Musk is among the richest persons in the world with a net worth of more than 14,010 crores USD. Elon Musk has a net worth of 182.10 lakh crore Indian rupees.
Where does Elon Musk stand on Forbes’ list of the world’s richest people?
On Forbes’ World’s Richest List, Elon Musk comes in second place. The CEO of LVMH, Bernard Arnault & Family, is ranked #1.
What is the yearly salary of Elon Musk?
It is estimated that Elon Musk makes $2400 million a year. Musk was the world’s highest-paid CEO in 2021.