[Latest] Elon Musk’s Net Worth in 2023: Salary, Net Worth in Rupees (INR), Earnings

Who is Elon Musk?

Elon Musk is a South African-American business magnate, investor, engineer and inventor. Musk is the CEO and co-founder of SpaceX, the CEO and product architect of Tesla, Inc., and the chairman of Neuralink. He is also the co-founder and former president of SolarCity, co-founder of Zip2 and founder of The Boring Company.

According to Forbes’ real-time billionaire index, Elon Musk’s net worth is over $234 billion, making him one of the richest people in the world. Elon Musk’s net worth in rupees is Rs. 18,000 Crores (approximately converted).

For more information, read Elon Musk’s Biography.

Elon Musk

Net value:

234 billion USD

Wage:

2400 million USD (approx.)

Monthly income:

$200 million (approx.)

Date of birth:

June 28, 1971

Year old:

52 years old

Height:

1.80M (5′ 11”)

Nationality:

USA, Canada and South Africa

Elon Musk’s Early Career

Musk’s career began in 1995 when he and his brother Kimbal founded Zip2, a company that provides online content publishing software to news organizations. In 1999, the company was acquired by Compaq for nearly $300 million. After selling Zip2, Musk co-founded X.com, an online payments company that later became PayPal and was acquired by eBay for $1.5 billion in 2002.

Musk’s foray into the auto industry began in 2004 when he became a major shareholder of Tesla Motors, a company that designs and manufactures electric vehicles, energy storage systems, and manufactures solar panels. God. Under Musk’s leadership, Tesla has become a leader in the electric vehicle market and has produced a number of successful models, including the Tesla Roadster, Model S, Model X, and Model 3.

In 2006, Musk co-founded SolarCity, a company that provides solar panel installation and energy management services. In 2016, SolarCity was acquired by Tesla, Inc. acquired for $2.6 billion.

Musk is also the CEO and co-founder of SpaceX, which designs and manufactures advanced rockets and spacecraft. SpaceX has made headlines for its successful launches, including its first privately funded liquid-fueled rocket to the International Space Station and its plans to colonize Mars. In addition to his work in the automotive and aerospace industries, Musk is also president of Neuralink, a company that develops implantable brain-machine interfaces.

Elon Musk’s net worth in 2023

Musk’s net worth has increased dramatically over the years thanks to the success of the companies and his ownership stake in them. As of 2023, Elon Musk’s net worth today is estimated at more than Rs. 20,000 crores INR.

In other words, Elon Musk’s net worth in billions of dollars is about $234 billion.

Elon Musk’s Salary and Earnings

Musk is one of the prominent shareholders of PayPal. A large portion of Elon Musk’s net worth comes from the 13.4% Tesla shares he owns. In 2002, he founded SpaceX, in which he owns about 25% of shares and options. In addition, he also owns the microblogging platform Twitter. Musk holds about 73% of the company shares in his passive portfolio.

Elon Musk’s net worth today makes him the richest person in the world. The second richest person in the world is Bernard Arnault, chairman and CEO of LVMH.

Current Update on Elon Musk’s Net Worth

  • Musk’s net worth peaked in November 2021 at $340 billion.
  • Elon Musk’s net worth today is estimated at $173 billion, a staggering loss of over $200 billion.
  • According to Bloomberg, Musk is the first billionaire to lose $200 billion of his fortune.
  • Musk’s biggest source of income is Tesla (TSLA), whose stock has fallen 65% by 2022. Neither Tesla’s stock price nor Musk’s personal fortune have benefited from the valuable Twitter acquisition. his $44 billion price tag.
  • Since his interest in Twitter became public in April, Musk, Tesla’s largest shareholder, has sold $23 billion worth of stock.
  • Musk was once the richest man in the world with an incredible, almost untouchable net worth. However, at the end of 2022, his title “Richest man on the planet” was awarded to Bernard Arnault, Chairman and CEO of LVMH. Since then, Musk has remained at number two on the list of richest billionaires.
  • The stock price of eccentric billionaire Tesla’s auto company surged 4.6% to $235 on June 8, marking the 10th consecutive day of gains, as reported by Forbes.
  • This achievement helps Elon Musk regain his position as the richest person in the world. According to Forbes, Musk’s net worth is currently $220.2 billion, $4.2 billion more than Bernard Arnault’s.
  • However, after the market closed, Arnault came out on top, once again pushing Musk down to second.
  • On July 20, Musk’s fortune fell by $20.3 billion as Tesla shares tumbled.
  • Despite the decline, Musk’s fortune still surpasses Bernard Arnault by about $ 33 billion and is still the richest person on the planet.

Elon Musk’s Home and Real Estate

The eccentric billionaire has publicly pledged to “do not own a home” and currently lives in a modest $50,000 property in Boca Chica, Texas, despite having unlimited access to several mansions and The most beautiful villa in the world.

I am selling almost all physical assets. Will not own a home.

– Elon Musk (@elonmusk)
May 1, 2020

What cars does Elon Musk own?

Billionaire Elon Musk owns many luxury and classic cars. Below is a list of all the cars he owns.

Elon Musk’s Car Collection

Price

1978 BMW 320i

1,400 USD

Jaguar E-Type 1967

40,000 USD

1997 McLaren F1

815,000 USD

2006 Hamann BMW M5

$103,500

Tesla Roadster 2008

$98,950

Audi Q7 2010

48,000 USD

1976 Lotus Esprit “Wet Nellie”

920,000 USD

Porsche 911 Turbo 2012

$154710

Ford Model T 1920

$850

Model Tesla X

$94,990

Performance of Tesla Model 3

$58,990

Tesla Model S Performance 2019

20,000 USD

Tesla e-truck

$69,900

Does Elon Musk have any charities?

Elon Musk chairs the Musk Foundation, whose stated goal is to promote research, development, and lobbying, and to support science and engineering education initiatives. Nearly half of the foundation’s $25 million direct donations to nonprofits between 2002 and 2018 went to Musk’s OpenAI, a nonprofit at the time. The foundation has donated more than 350 times since 2002.

In 2021, the billionaire gave $55 million to the St Jude Children’s Research Hospital in Memphis at the time and then $54 million to the X Award Foundation.

Some interesting facts and quotes of Elon Musk

Interesting facts:

  • At the age of 12, Elon Musk made and sold a video game to a magazine. PC Magazine and Office Technology bought the space fighting game “Blastar” for $500.
  • Musk also worked at a video game startup Rocket science.
  • Elon Musk owns Wet Nellie, a James Bond custom car. Wet Nellie, appearing in The Spy Who Loved Me, is a specially built Lotus Esprit diving car.
  • The billionaire appeared in the animated sitcom “The Simpsons” in the episode “The Musk Who Fell to Earth”.

Quote:

  • “If you wake up in the morning and think the future is going to be better, it’s a bright day. Otherwise it’s not.”
  • “There’s got to be a reason you wake up in the morning and want to live. Why do you want to live? What’s the point? What inspires you? What do you love about the future? If the future doesn’t include it? being out there interstellar and being a multi-planetary species, I find that very sad.”
  • “Persistence is very important. You shouldn’t give up unless you have to.”
  • “The first step is to determine that something can happen; then the probability will happen.”
  • “I think ordinary people can choose to be extraordinary.”

Musk has faced many controversies and criticisms over the years, including his management style, public statements and his involvement in various lawsuits. However, his innovative ideas and ambitious plans for the future have made him a controversial but influential figure, not only in the tech industry but around the world.

Overall, Elon Musk’s staggering net worth of over $234 billion reflects his numerous successful business ventures and his ability to identify and capitalize on emerging technologies and markets. His work has had a significant impact on many industries, and his vision for the future continues to inspire and drive innovation around the world.

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Categories: Optical Illusion
Source: pagasa.edu.vn

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