Elon Musk Net Worth 2023 – Age, Wife, Nationality

What is Elon Musk net worth?

Elon Musk Net Worth:

In 2012, he has first listed Forbes magazine with a net worth of $2 billion, In 2020 his net worth was grown to $27 billion, and at the end of that year, it grew to $150 billion due to its 20% share in Tesla. It also dropped to $16.3 in September which was the largest plunge in history. In November he beat Mark Zuckerberg for the 3rd richest person in the world and after a week passed Bill gates for the second richest person in the world. In 2021, Musk finally beat the richest man in the world, Jeff Bezos of Amazon, and became the richest man in the world with a net worth of $185 billion. September 2021, Forbes announced his net worth to be $200 billion, and in November 2021, he became the first person to have a net worth of $300 billion.

Early Life

Elon Musk’s mother was a Canadian and his father was a South African. He showed an early interest in childhood in technology, computers, and business ideas. When he was just 12 years old he managed to create an actual video game and successfully sold it to a computer magazine. Musk left South Africa in 1998, after successfully getting a Canadian Passport because he was reluctant to endorse apartheid through compulsory military duty and he also thought that there are better economic opportunities in the United States of America. He moved to Pennsylvania, where he received his Bachelor’s degree in Economics and Physics. 

Elon Musk Net worth: Biography

Elon Musk was born on 28th June 1971, in Pretoria, South Africa. He is a South African-born American entrepreneur who formed spaced, creator of spacecraft and launch vehicles, and also co-founded the electronic payment company ‘PayPal’. He is also the first substantial investor and the chief executive office of the famous manufacturer of electric cars called Tesla.

Elon Musk is currently 51 years old; he started his studies at the University of Queens’ in Ontario, Canada, but later transferred to the University of Pennsylvania in Philadelphia. He is also a dropout of Stanford University. His father is Errol Musk and his mother is Maye Musk. He currently holds citizenship in America. In 1995, he moved to California to pursue his degree at Stanford University but decided to continue his business dream and started his career. 

Elon Musk Quick Bio:

Elon Musk Net worth: Career

He began his career by co-founding the web software company Zip2 with his brother Kimbal Musk. In 1999, the startup was acquired by Compaq for $307 million, giving him his first major success. During the same year, he also co-founded X.com, an online banking platform that later merged with Confinity in 2000 to develop PayPal.

In 2002, eBay purchased PayPal for $1.5 billion, marking another milestone in his journey. That same year, he founded SpaceX, and by 2004, he became an early investor in Tesla Motors (now Tesla Inc.). By 2008, he had taken over as CEO, transforming the company into a global leader in electric vehicles.

Later, in 2015, he co-founded OpenAI, and in 2016, he launched both Neuralink and The Boring Company, expanding his influence into artificial intelligence and infrastructure technology. Around the same time, he supported a solar energy company that was later acquired by Tesla, strengthening his clean-energy vision.

Much like Nana Mouskouri, whose remarkable achievements in music turned her into an international icon, his consistent innovation across multiple industries has built an empire admired around the world.

In the current year 2022, he decided on America’s big Social media platform Twitter for $44 billion but later announced that he is canceling the deal and that’s why he’s currently entangled in the legal battle with the owners of Twitter. 

Elon Musk has been criticized in the past for making controversial statements and spreading misinformation regarding the Covid-19 pandemic. In 2018, SEC sued him for the misinformation he presented saying that he securely funded a private takeover of the famous Tesla. He settled with the party but didn’t confess and currently stepped down from the chairmanship of his Tesla. He also won a defamation case in 2019 against the British caver. 

Elon Musk Net worth: Car Collection

The Tesla King owns an impressive collection of luxury cars that reflects his taste for innovation and performance. His garage includes a 1978 BMW 320i worth $1,400, a 1967 Jaguar E-Type worth $40,000, and a 1997 McLaren F1 valued at $815,000. He also owns a 2006 Hamann BMW M5 worth $103,500, a 2008 Tesla Roadster worth $98,950, and a 2010 Audi Q7 priced at $48,000.

Furthermore, his collection features unique classics such as a 1976 Lotus Esprit “Wet Nellie” worth $920,000, a 2012 Porsche 911 Turbo valued at $154,710, and a 1920 Ford Model T worth $850. 

This diverse collection not only showcases his appreciation for automotive excellence but also mirrors the lifestyle of other high-profile celebrities known for their luxury assets, such as Jackie O, whose success and wealth have equally captured public attention.

FAQs

What is Elon Musk net worth?

The current Net worth of Elon musk is around $240 Billion.

What is the Elon Musk favorite car?

One of Elon Musk favorite car is the 1997 McLaren F1.

What is Elon Musk real nationality?

Elon Musk is  South African, and currently, he is living in America.