The chief executive officer of rocket producer SpaceX as well as electric automobile maker Tesla, Elon Musk is transforming the method the world actions. He puts on many hats, consisting of the inventor, executive, and futurist– roles that have actually paid him well. Elon Musk’s total assets is currently $$ 278.7 billion, according to Forbes.
Musk shed $1 billion over the course of the week of Nov. 8. The drop started after a tweet on Saturday, Nov. 6, in which he asked his fans if he ought to market 10% of his Telsa supply. Once his fans said yes, he shed $50 billion when supply costs went down. The subsequent loss followed he offered $5 billion in Telsa stock on Wednesday, Nov. 10.
The business owner’s well worth had enhanced by $25.6 billion overnight after Hertz revealed they would be placing an order for 100,000 Telsa EVs for its fleet on Oct. 25.
Elon Musk’s Net Worth: $255.2 Billion
Elon Musk constructed his fortune by turning his vision right into a reality. Prior to he finished secondary school, Musk gained $500 for a computer game he developed. He after that took place to discovered a series of effective tech companies and also sell them for hefty earnings. His very early passion for modern technology advanced into a career that made him the most affluent individual worldwide as of 2021.
- Net Worth: $255.2 billion
- Date of Birth: June 28, 1971
- Primary Sources of Wealth: Entrepreneur, inventor, investor
- Career Highlights: CEO of SpaceX and Tesla Motors
Elon Musk’s Career Timeline
Elon Musk taught himself to program when he was a young adult living in his indigenous South Africa. At the age of 17, he moved to Canada to go to Queen’s College, however, he left after 3 years to participate in the College of Pennsylvania. There, he made a bachelor’s level in economics. He, later on, left a doctorate program and also created his first company, Zip2 Company.
In 1999, Musk marketed Zip2 for $307 million in money and $34 million in supply choices. He went on to locate the business X.com, which was later on acquired by eBay for $1.5 billion in stock in 2002. That same year, Musk produced SpaceX. The list below year, he joined Tesla. Today, he possesses 48% of SpaceX and also 20% of Tesla.
Elon Musk’s Philanthropy
Given that 2002, the Elon Musk Structure has actually distributed $25 million, with the bulk of this amount most likely to not-for-profit scientific research and also education programs. The foundation also has actually funded $75 million in grants. In addition to donations from his foundation, Musk has given money to teams like Wikimedia Foundation, Big Environment-friendly, and also Future of Life Institute.
Elon Musk’s Real Estate
Musk owns a 100-year-old home in the northern golden state. He bought it for $23.364 million in 2017. Previously, he likewise possessed 6 various other homes in California, including a 20,000-square-foot residence in Bel-Air that he purchased for $17 million in 2012 and a 9,300-square-foot residence that he paid $24.25 million for in 2016. After revealing that he would certainly market half his worldly properties, Musk sold his six Southern The golden state homes.