Elon Musk is a well-known South African-born Canadian-American businessman, inventor, and investor. Elon’s net worth of $190 billion makes him the wealthiest man on Earth. He is the founder, chief executive officer, and product architect of SpaceX and Tesla. In addition, he is the creator of The Boring Company, X.com, and PayPal. Additionally, he co-founded the well-known businesses Zip2, OpenAI, and Newralink. He began working for Tesla Motors, Inc. (now Tesla, Inc.) in 2004 as chairman and product architect, and in 2008 he was promoted to CEO.
Elon is also the CEO of Twitter. On April 14, 2022, Elon Musk started buying the American social media company Twitter, Inc., and he finished it on October 27, 2022. Musk started to purchase company shares in January 2022; by April, he owned 9.1% of them, making him the company’s biggest shareholder. Please continue reading to learn more about him because this blog post contains everything you need to know about him, including his wiki, bio, net worth, age, career, spouse, and more.
Elon Musk’s Net Worth Revealed
Elon Musk is a well-known South African-born Canadian-American businessman, inventor, and investor. As of this writing, he has a worth of $190 billion. But according to Forbes, Elon Musk is worth $153 billion as of 2023. Elon Musk earned the vast majority of his fortune as the CEO of Tesla Motors. With his wealth, he is ranked as the wealthiest man on earth. As of this writing, Elon Musk owns about 24% of Tesla’s shares and 43% of SpaceX, a private company. In October 2021, Tesla’s market cap went over $1 trillion for the first time. In the same month, SpaceX raised money when it was worth $100 billion. This was the first time Elon’s wealth was close to $300 billion.
| Net Worth | $190 billion |
| Salary | None |
| Income Source | Investing, Business, and Share Holding |
| Profession | Aerospace Engineer, Engineer, Entrepreneur, Investor, Designer, Businessperson, Inventor, Film Producer |
His Net Worth History
- On January 1, 2020, Elon’s net worth was $28 billion, but it topped $170 billion in 2020.
- On July 13, 2020, Elon’s net worth struck $80 billion for the first time, with SpaceX giving him $15 billion and Tesla giving him $65 billion.
- In August 2020, Elon’s net worth went over $90 billion for the first time. This was due to two major events. First, Tesla shares reached an all-time high of $1,900 in August. At that point, the market value of the whole company was $350 billion. The 20% stake that Elon had was worth $70 billion. The second reason was that SpaceX’s worth went up, which was confirmed on August 18, 2020. SpaceX’s private value went from $36 billion to $46 billion after the fundraising round. For $46 billion, Elon’s 48% stake in Tesla adds $22 billion to his net worth before taxes.
- On November 17, 2020, Elon’s net worth topped $100 billion for the first time, followed by $128 billion on November 24, 2020.
- Elon’s net worth reached $195 billion on January 7, 2021.
- On January 8, 2021, Elon’s net worth was $210 billion, up from $170 billion at the start of the week.
- Elon’s net worth was $300 billion in October 2021, when Tesla’s market cap was over $1 trillion, and SpaceX was worth $100 billion.
- When Tesla’s market cap went over $1.2 trillion on November 1, 2021, Elon Musk’s net worth was $335 billion.
- On December 13, 2022, Bernard Arnault’s $167 billion net worth passed Elon Musk’s $165 billion net worth to become the wealthiest person in the world.
- Elon’s wealth was $134 billion at the end of 2022, which was $200 billion less than the year before.
- As of January 2023, Elon Musk is worth $190 billion, making him the wealthiest person in the world.
Early Life
Elon Reeve Musk was born to Maye Musk, a model and dietitian, and Errol Musk, a South African electromechanical engineer, pilot, sailor, consultant, and property developer. He was born in Pretoria, South Africa, on June 28, 1971, under the zodiac sign of Cancer, of South African nationality and white ethnicity. He is the oldest brother of Kimbal and Tosca. His family was wealthy during his youth. His father, a member of the anti-apartheid Progressive Party, was chosen to serve on the Pretoria City Council. He became interested in computing and video gaming at age ten after he bought a computer and later taught himself how to program from the VIC-20 user manual.
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At age twelve, he sold his BASIC-based game Blastar for $500 to PC and Office Technology magazine. Musk attended and graduated from Waterkloof House Preparatory School, Bryanston High School, and Pretoria Boys High School. After waiting for his Canadian passport, which he had asked for, he went to the University of Pretoria for five months. After he got to Canada, he went to Queen’s University in Kingston, Ontario, while staying with his second cousin.
Two years later, he changed schools and enrolled at the University of Pennsylvania (UPenn), where he finished his studies for a Bachelor of Arts in physics and a Bachelor of Science in economics from the Wharton School. In 1994, Musk completed two internships in Silicon Valley. The first was at the energy storage business Pinnacle Research Institute, which looked into electrolytic ultracapacitors for energy storage. The second was at the Palo Alto-based startup Rocket Science Games. In 1995, he was given admission to Stanford University’s materials science Ph.D. program. Musk, on the other hand, decided to join the Internet boom. He quit his job two days after being hired and sent in an application to Netscape, but he never heard back.
| Name | Elon Reeve Musk |
| Nickname | Ironman |
| Gender | Male |
| Age (as of 2023) | 52 years old |
| Date of Birth | June 28, 1971 |
| Place of Birth | Pretoria, South Africa |
| Nationality | South African |
| Ethnicity | White |
| Zodiac Sign | Cancer |
Personal Life
Elon has had three marriages, two of which were to Talulah Riley, an actress. From 2000 to 2008, he was wed to Canadian writer Justine Wilson. They had five sons together. He also shared a romantic relationship with Canadian musician Grimes and actress Amber Heard. Grimes and Elon had a child named X A-Xii in May 2020. In December 2021, they had a second child via surrogacy.
Elon welcomed a set of twins born to one of his Neuralink executives some time in late 2021. He currently has 10 kids in all as of this writing. Elon Musk allegedly had an affair with Sergey Brin’s wife in December 2021, according to a report from July 2022. According to reports, Sergey’s four-year wife, Nicole Shanahan, and he filed for divorce as a result of the affair. Said to say, Sergey had long been one of Musk’s staunchest defenders. He invested in several Musk companies and was among the first to back Tesla. Elon Stands 6 ft 2 inches (188 cm) and weighs 187 lbs (85 kg).
| Marital Status | Single |
| Spouse | Talulah Riley (m. 2013; div. 2016), Talulah Riley (m. 2010; div. 2012), Justine Musk (m. 2000; div. 2008) |
| Children | 10 children |
| Height | 6 ft 2 inches (188 cm) |
| Weight | 187 lbs (85 kg) |
| Hair Color | Dark Brown |
| Eye Color | Moss Green |
Career Sucess
Zip2 Corporation, Musk’s first business, was an online city guide. For $34 million in stock options and $307 million in cash, a division of Compaq Computer acquired Zip2 in 1999. Musk also co-founded the online financial services and payments startup X.com in 1999. The modern-day PayPal was founded due to a purchase made by X.com the year after, and eBay bought PayPal for $1.5 billion in stock in 2002.
Musk’s third business, Space Exploration Technologies Corporation (SpaceX), was started in 2002 to make spacecraft for people who want to travel to space for money. When SpaceX reached its peak of success in 2008, NASA gave the firm the go-ahead to transport goods to and from the International Space Station, with future intentions to transfer astronauts.
Tesla Motors, an automaker committed to creating accessible, mass-market electric vehicles, came next. Marc Tarpenning and Martin Eberhard established Tesla in 2003. The earliest workers of the company were Elon Musk, Ian Wright, and J.B. Straubel, who was subsequently declared co-founders.
Tesla Motors went public for the first time in June 2010. Daimler’s stake in the company and a strategic partnership with Toyota helped the company raise $226 million. When SpaceX used its Falcon 9 rocket to carry an unmanned capsule into orbit in 2012, Musk and SpaceX created history. In 2013, he unveiled the idea for the Hyperloop, a brand-new mode of transportation designed for commuting between large cities at speeds greater than 700 mph. The Hyperloop would employ tubes for transportation rather than railroads. According to Musk, it might take seven and ten years to build, test, and operate the Hyperloop.
Social Media Handles
| @elonmusk | |
| @elonmusk | |
| @Elon Musk | |
| Tik Tok | @elon musk |
Summary
Elon Musk is a well-known South African-born Canadian American businessman, inventor, and investor. He is the owner and CEO of Twitter, Inc., the co-founder of Neuralink and OpenAI, the CEO and chief engineer of SpaceX, the founder of The Boring Company, an angel investor, and the president of the charitable Musk Foundation, the CEO and chief product architect of Tesla, Inc.
Elon Musk has a net worth of $190 billion. He is now ranked as the wealthiest person on planet earth. He owned 9.1% of Twitter shares, making him the company’s biggest shareholder. He is also a father of 10 children. Over the years, Elon Musk has made a good fortune in his career. He started his business career with Zip2 Corporation, an online city guide, followed by X.com, PayPal, SpaceX, Tesla Motors, and Twitter which he purchased in late 2022.
