Elon Musk Net Worth 2024 – Biography, Earnings, Assets, Companies Owned

Elon Musk Net Worth 2023: Space X founder and Tesla chief Elon Musk is once again in the limelight as he is going to buy Twitter as per the latest news. Musk was also named Person of the Year by Time magazine and Time’s Person of the Year title is a matter of worldwide pride. 

Elon Musk is well-known as an American entrepreneur who was born in South Africa his mother is of Canadian origin and his father is from South Africa. Musk has been very fond of reading books since childhood. Musk also has a space exploration company and now he has become the richest person in the world in terms of net worth, he is in the first position.

Elon Musk Net Worth 2024

Elon Musk is the CEO of Tesla Electric Car Company and he makes the parts and batteries for these cars. Musk also makes solar energy systems. Musk’s company Tesla has made a lot of progress. Tesla’s market value is more than the market value of many car companies. At the time of posting this article, Musk’s net worth is $228 billion, according to Bloomberg.

As per some reports, despite his wealth, he pays essentially nothing in income taxes. In 2004, Elon Musk laid the foundation of an electric car company named Tesla. Elon laid the foundation of this car saying that in future everything will be electric. Elon Musk believes that people will live on other planets in the coming times, which is why he started space investigation. The name of this program was given as Space X and now he wants to build his base on Mars.

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Elon Musk 2024 Complete Profile

NameElon Musk
Net Worth$228 billion
ProfessionBusinessmen (Space X founder CEO of Tesla)
Monthly Income And Salary$200 Million +
yearly Income$2400 Million +
Born28 June 1971
Age51 Years
PlacePretoria, South Africa
CitizenshipUnited States
SpouseTalulah Riley (m. 2013–2016), Talulah Riley (m. 2010–2012), Justine Musk (m. 2000–2008)
ChildrenX Æ A-Xii, Nevada Alexander Musk, Griffin Musk, Kai Musk, Damian Musk, Saxon Musk, Xavier Musk
PartnerGrimes (2018–)
Twitter Handle@elonmusk

Elon Musk’s Salary Earnings Assets

In the year 1995, Elon Musk along with his brother started a software company that was later bought by COMPAQ. After its sale, Elon received a total of $22 million from its 7% share and then he invested $10 million out of this money in 1999. He founded X.Com and it was a financial service provider company. Then a year later this company got involved with another company that had a money transfer service. And now we know this company with the name PayPal which has been a popular means of money transfer. In 2002, he bought eBay for an amount of $ 1.5 billion.

Elon Musk Net Worth 2022 - Biography, Earnings, Assets, Companies Owned

Elon Musk was the largest shareholder of PayPal. According to Forbes, as of the year 2023, Elon Musk owns about 15 per cent of Tesla shares and options, which make up a major chunk of his net worth. In 2002, he used this money to start a big company of $100 million with the name SpaceX. This company is currently working on making space vehicles. According to Elon Musk, he is working on a plan to settle humans on Mars by 2030. In 2003, Elon Musk, together with 2 people, founded a company called Tesla Ink. He has been serving as the Chief executive officer of Tesla since 2008.

Tesla Ownership Stake15% ($99.3 billion)
Other AssetsSpace Exploration Technologies ($46.9 billion private asset), The Boring Company ($3.33 billion private asset), Twitter ($3.8 billion public asset), $17.8 billion in cash

Elon Musk 2024 Biography

Musk was born on 28 June 1971 in Pretoria, South Africa, his mother’s name was Maye Musk, and she was a model and dietician by profession. His father was a South African engineer but his parents got divorced very soon. Musk spent his childhood in South Africa and got his first personal computer at the age of 9.

Elon immediately became interested in programming and started learning it himself. In 2000, Elon Musk married Canadian author Justin Wilson, whom she met at Queen’s University, Ontario. Elon Musk also founded Space X and is now working on a plan to settle humans on Mars by 2030.

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