Elon Musk Net Worth: Elon Musk is a person who nobody can’t recognize. He is the richest man in the world at the time of writing this post. Elon Musk’s net worth is estimated to be $195 billion. He is the founder of SpaceX and investor, CEO, and chief product designer of Tesla, Inc.
Elon Musk is a business magnate, industrial designer, and engineer by profession. He put his talent and mind into actions and actually reached great heights. His privately-held spacecraft company, SpaceX is known to make wonders.
He is also a co-founder of Paypal, one of the most used payment portals. If you want to know more about the richest man in the world, then this post is all about Elon Musk. Read to know Elon Musk Net Worth, Early Life, Education, Kids, Personal Life, etc. His success story is a must-read for everyone.
|Net Worth||$195 billion|
|Occupation||Aerospace Engineer, Engineer, Entrepreneur, Investor, Designer, Businessperson, Developer, Film Producer|
Elon Musk Biography
Elon Musk is a South-African born with Canadian and American citizenship. He is a businessman, investor, entrepreneur, aerospace engineer, and also a film producer. As of March 2021, Elon Musk is the wealthiest man alive in the world.
|Celebrity Name||Elon Musk|
|Full Name||Elon Reeve Musk|
|Profession||Aerospace Engineer, Engineer, Entrepreneur, Investor, Designer, Businessperson, Developer, Film Producer|
|Birth Date||28 June 1971|
|Birth Place||Pretoria, South Africa|
|Net Worth (as of 2021)||$195 billion|
|Last Updated||March 2021|
Elon Musk Early Life
Elon Reeve Musk was born on 28th June 1971 in Pretoria, South Africa. Musk’s mother, Maye Musk, is a Canadian model and dietitian who was also raised in South Africa. Musk’s father is Errol Musk, a South African electromechanical engineer, pilot, sailor, consultant, and property developer. Musk has a brother Kimbal and a sister Tosca. Elon Musk is the eldest child of the family.
Musk’s parents got divorced in 1980 after which he was raised by his father. Elon Musk did have a rough childhood and says that his father was a terrible person. Musk was an introverted and shy kid who was often bullied at school. He was admitted into a hospital after some kids pushed him down the stairs.
At the age of 10, Musk started learning computer programming. At the age of 12, he sold his first-ever video game code to “Blastar to PC and Office Technology” magazine at the cost of $500. Musk graduated from Pretoria Boys High school. Musk graduated in 1997 with a Bachelor of Science (BS) degree in economics from the Wharton School and a Bachelor of Arts (BA) degree in physics.
He also joined the Ph.D. program in energy physics/materials science at Stanford University in California. But only after 2 days, he dropped out of Stanford and decided to launch an internet startup.
Elon Musk Age and Height
Elon Musk is currently 49 years old. He is 1.88 meters or 6 ft 2 inches tall. On June 28, 2021, Musk will turn 50 years old.
Elon Musk Career
Musk started his business career with the Zip2 Corporation which was an online city guide. He sold this company in 1999 to a division of Compaq Computer. In 1999, Elon Musk co-founded an online payment services company called “X.com”. A division of X.com led to the creation of the famous PayPal in 2000. In 2002, eBay bought PayPal for $1.5 billion in stock.
Elon Musk then started his third company in 2002, SpaceX (Space Exploration Technologies Corporation). This company manufactures spacecraft machines with the intention of commercial space travel. In 2008, NASA awarded SpaceX a contract for cargo transport to the International Space Station.
Elon was one of the first employees and early investors of the 2003 founded electric car company Tesla, Inc. He also bought a 20% stake in Tesla, Inc. Currently, he is the investor, CEO, and also product architect at Tesla. His salary is clearly $0 for the CEO position at Tesla motors as he refuses to take it.
In 2012, SpaceX launched its Falcon 9 rocket with an unmanned capsule. This made history and Elon Musk became actually known around the world. Many people still believe that Elon Musk will surely one day bring the Earthians to a different planet.
Elon Musk Personal Life
Elon Musk has been married three times. Elon’s first marriage was in 2000 with Justice Wilson who is a Canadian author. They have five children together. They split up in 2008.
He was married twice to the same woman, an English actress, Talulah Riley. Musk and Riley got married in 2010 and divorced in 2012. However, they ended up marrying again in 2013 and that too didn’t last long and they got separated in 2016.
Elon Musk has been dating a Canadian musician Grimes since 2018. Grimes and Musk welcomed their daughter in May 2020. Musk named her daughter X Æ A-Xii.
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Elon Musk Net Worth In 2021
Elon Musk’s net worth as of March 2021 is $197 billion. He regained the richest man in the world’s title once again by surpassing the founder and CEO of Amazon, Jeff Bezons, whose net worth is $189 billion currently. There has been an alternate between the two for the first and second richest titles since days. Now, as of March 2021, Elon Musk is the richest person in the world.
Elon Musk’s source of net worth is from the stakes he holds in SpaceX and Tesla. He holds 20% of Tesla’s stakes and also 48% stake of his privately-held spacecraft company, SpaceX. Elon Musk is estimated to have a $500 million debt as people believe he is cash poor.
|Elon Musk Net Worth In 2021||$197 billion|
|Elon Musk Net Worth In 2020||$167 billion|
|Elon Musk Net Worth In 2019||$28 billion|
|Elon Musk Net Worth In 2018||$25.8 billion|
|Elon Musk Net Worth In 2017||$20 billion|
Elon Musk’s net worth as of Jan 1, 2020, was $28 billion. But, at the end of the year, Elon Musk’s net worth experienced a great increase and was $167 billion. In July 2020, Elon Musk Net Worth was $70 billion. $15 billion of his total net worth was from SpaceX and $55 billion was from Tesla.
Again in July 2020, Elon Musk Net Worth was $80 billion, of which $15 billion was from SpaceX and the other $65 billion was from Tesla. In August 2020, Elon Musk Net Worth reached $90 billion, and then in the next month, his net worth hit $100 billion. The net worth graph of Elon Musk shows a peak change in 2020.
On November 17, 2020, Elon Musk’s net worth hit more than $100 billion making him the third richest person in the world. Then, on November 24, 2020, his net worth went up to $128 billion which made him the second richest person in the world making Bill Gates third.
In 2021, on January 17, Elon Musk became the richest man on the planet with a net worth of $195 billion. He surpassed the number 1, Jeff Bezos, and is currently the wealthiest man in the world.
Elon Musk is a South-African-born American entrepreneur, business magnate, aerospace engineer, product architect, and designer. Elon Musk Net Worth is $197 billion as of March 2021. He is currently the richest man on the planet. We hope you liked the information that we have provided here. Visit Celebrity Net Worth for more interesting posts.