Elon Musk net worth
Musks’ net worth is $261 billion as of December 2020.
His success is due to the number of different business ventures. He has done and his work for Tesla and SpaceX.
- Individual wealth: $18 billion
- Parents: Errol and Maye Musk
- Grandparents: Mary and Wilson Musk
- Siblings: Kimbal, Tosca, and Ashlee Laure Woods
Elon’s family is not just full of rich people-half of them didn’t take a traditional path to riches! His Dad Errol left school at 14 to become a race car driver in South Africa until he ran out of money 3 years later. Maye later became a fashion model and dietician to support herself and her kids. Errol and Maye met at a high school party where she was babysitting and he was there with his friends. They started dating and got married in 1983 when Errol was 21 and Maye was 18. The couple has four kids together, Kimbal, Tosca, Ashlee, and Sean.
After high school, Elon worked as a computer game tester at Atari. He quit founding Zip2 in 1993. In 1995, Elon co-founded X.com which became PayPal. In 2002, he founded SpaceX and three years later, Tesla Motors. Now Elon Musk’s net worth: $18 billion
How Rich is Elon Musk?
Elon Musk is a business magnate who has a big net worth. He is the founder, CEO, and lead designer of SpaceX, CEO of Tesla, Inc., and co-founder of PayPal. He is the inventor of the modern electric car, the electric SUV, and mini-fridge. Elon Musk made his first million dollars at age 22, and he’s one of the youngest self-made billionaires in the world.
In a very short time, Elon Musk grew his fortune to $19 billion and is now worth over $20 billion. Elon Musk is one of the youngest self-made billionaires in the world.
Musk has received criticism for some of his claims, like his announcement that his first tunnel was to be built in Hong Kong, despite the fact that Musk claimed he would only spend $10 million on the tunnel.
He graduated from Stanford University in 1995, where he earned a bachelor’s degree in engineering. Musk is married to the British actress Talulah Riley. Musk and his wife have four children: one daughter, Dee Anna, and three sons, Khloé, Corella, and Sargon.
- Family fortune: $1.5 billion
- Salary: $0.5 billion
- Net worth: $18 billion
Elon’s net worth is calculated by dividing his wealth by his age. At 29, he has already reached an age of $1.5 billion which means he has $18 billion to his name.
Elon Musk Net Worth Facts
Elon Musk is known for being a high-risk taker. In 2002, he founded SpaceX to develop reusable rockets. Musk also showing interest in cryptocurrency and its trending for future uses.
In 1999, Musk founded Zip2, a web-based business-to-business directory service company. Musk founded X.com in 1998 and sold it to Yahoo! for $250 million in 1999.
Elon Musk started Tesla Motors in 2003 with the aim of creating a mass-market electric car.
He’s been known to have temper tantrums, once breaking a table and smashing his first Model S.
His success is due to the number of different business ventures he has done and his work for Tesla and SpaceX.
He is also known as tweet king because of their tweet market position going up and down, Musk is very active socially and shares their expertise with people. He believes in the search to find and do something more.
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