Net Worth of Elon Musk In 2022 | Career, Business & More

There are 2,755 billionaires on earth as of 2021. These are the richest people in the whole world and they have an estimated net worth of $13.1 trillion.

Out of this amount, the top 10 wealthiest of them all account for about 8.8% of the amount, which is approximately $1,153 billion.

The net worth of Elon Musk makes him one of the people wealthiest people in the world.

In this article, we will see more about his net worth and the milestones that he has gone through in creating his wealth. 

Net Worth Of Elon Musk
Net Worth Of Elon Musk

Summary

Net Worth Of Elon Musk$244.2 billion
Full nameElon Reeve Musk
Date of birthJune 28, 1971
Born countryPretoria, South Africa
Age50 Years

What is Elon musk net worth?

What is Elon musk net worth
What is Elon musk net worth

Elon Musk, the founder and CEO of Tesla has an estimated net worth of $244.2 billion.

He has worked in several different companies over the years, and this has contributed to his success as one of the richest people on earth.

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Who is Elon musk?

Who is Elon musk
Who is Elon musk

Elon Reeve Musk is a business magnate and an entrepreneur. In addition to that, he is also the founder and the CEO, and the chief engineer at SpaceX.

In addition to that, he is also the CEO and the product architect of Tesla Inc. musk is the co-founder of Neuralink and OpenAl and also the founder of The Boring Company.

As of September 2021, Elon musk was the richest person in the world. 


Early life of Elon musk

Early life of Elon musk
Early life of Elon musk

Elon Musk was born in Pretoria, South Africa. His mother, Maye Musk, was a model and a dietitian, and his father, Errol Musk, was a South African electromechanical engineer, property developer, sailor, pilot, and consultant.

His father became wealthy in part due to the significant stake in the Zambian emerald mine, which was near Lake Tanganyika.

Musk has two siblings, a younger brother known as Kimbal and a younger sister called Tosca.

In 1980, his parents got divorced and musk mostly lived with his father in Pretoria and in other different parts of the world.

Musk made this choice two years after his parent’s divorce, and he, later on, regretted living with his father.

He describes him as a “terrible human being”. Elon says that almost any evil that you could think about, his father has done.

He also has a half-sister and a half-brother who are always on his father’s side.

More Childhood Details

At 10 years old, Musk developed a huge interest in video games and computing. This was the point where his interest in electronics started.

Consequently, he learned about computer programming using a manual. At the age of 12, he sold the code of a BASIC-based video game that he created.

This was called Blastar. He sold this video game for approximately $500.

Musk was always considered to be awkward and introverted and was bullied throughout his childhood.

He once got hospitalized after a group of mean boys threw him down the flight of stairs.

Musk was aware that it would be much easier to enter the United States from Canada.

He took advantage of this and applied for a Canadian passport through his mother who was born in Canada.

As he was waiting on his documents to be ready, he attended the University of Pretoria for five months.

This also allowed him to avoid mandatory service in the south African military.

He arrived in Canada in 1989 and lived with his second cousin while working odd jobs at a lumber mill and farm.

He then went to different Universities and later graduated in 1997. 

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Biography 

Biography 
Biography 

Elon Reeve Musk was born on June 28, 1971, in Pretoria, Transvaal in South Africa. He has three different citizenships.

Elon has South African citizenship from 1971 to date, Canadian citizenship from 1971 to date, and United States citizenship from 2002 to date.

And attended the University of Pennsylvania and graduated with a BS, and BA.

Elon Musk is the founder, the CEO, and the chief engineer of SpaceX, and the CEO and product architect of Tesla Inc. in addition to that, he is also the founder of the Boring Company and X.com which is now part of PayPal. 

He married Justine Wilson in 2000, and got divorced in 2008, then later married Talulah Riley in 2010, and divorced in 2016.

His current partner is Grimes, from 2018 to 2021. Apart from his sister Tosca and brother Kimbal, he has another cousin by the name of Lyndon Rive. 


Assets

Assets
Assets

Being the richest man in the world as of September 2021, Elon Musk has a nearly $300 billion fortune.

Well, different reports have confirmed that any list of Elon Musk’s investment has to begin and end with Tesla.

This car company has made history by being the first profitable and viable maker of electric cars.

Musk continues to innovate in this industry and is making various advancements.

The change is seen from the original roadster to the newer Model S, Model 3, and the new roadster models. 

Consequently, apart from Tesla, Elon Musk says that he owns other three meaningful assets which are Bitcoin, Dogecoin, and Ethereum.

In one of his speeches, he added that he owns “much more bitcoin than ether or doge”.

He was then asked why he is a big fan of dogecoin, he said he is fond of dogs, and memes, and recognizes the fact that dogecoin does not take itself too seriously.

He believes that the unluckiest investments end up becoming the most profitable.


Net worth milestones

Net worth milestones
Net worth milestones

Over time, Elon Musk has created his wealth from years back, up to now. Below are his net worth milestones. 

IN 2004, he invested heavily in Tesla and he eventually became a billionaire at 40, with a net worth of $2 billion. 

In February 2017, Tesla’s stock was above $300, and this gave the company huge profits worth $41 million.

April 2020, his net worth was $24.6 billion.


FAQs

Are Tesla cars more convenient than other combustion cars?

Well, to Tesla cars are electric cars, and unlike the other cars that use gas, Tesla doesn’t cause any air pollution. This is why it is convenient for many people. 

What is Elon Musk’s net worth?

His net worth as of September 2021 was an estimate of $151 billion. 

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