Elon Musk Net Worth Over Time (2023)

FAQs

How much was Elon Musk worth at his peak? ›

From its peak on November 4, 2021, Musk's fortune has fallen nearly 35%, from $320.3 billion to $209.4 billion as of close of market Thursday–almost entirely due to a sharp drop in the price of Tesla stock.

Musk's remarkable jump in wealth is linked to his ownership stake in electric car maker Tesla, and to a lesser extent his holdings in ventures including Space X and Boring Company.

Musk was 41 in 2012 when he became a billionaire, Insider reported.

And so, with his brother Kimbal, Musk founded what would go on to be his first successful venture — Zip2. In 1999, they sold the company to Compaq Computer Corp. for $307 million, and Musk netted $22 million.

Both billionaires lost substantial money on paper as the Dow Jones Industrial Average plummeted by nearly 3% over the past few days. Most of their wealth is tied up in stocks for their respective companies, so as the stock market fluctuates, so does their total net worth.

Despite losing $61.8 billion, Elon Musk has the biggest fortune with $208.5 billion. Tesla founder Elon Musk's net worth fell by almost $62 billion and Amazon's Jeff Bezos lost a little less than $63 billion in the first half of 2022, according to Bloomberg Billionaires Index.

IQ 155. Elon Musk IQ, which is reported to be 155 IQ, is one of the most intriguing aspects because there is no official evidence proving the precise amount.

Elon Musk was born into a wealthy family in Pretoria, South Africa in 1971. His mother, Maye, is a Canadian dietitian and model, while his father, Errol, is an engineer. While Musk remains close to his mother, his relationship with his father is understood to be strained.

(Image credit: @alexandr_wang) As a kid, Alexandr Wang was a math whiz who liked participating in national math and coding competitions.

Bill Gates. Bill Gates became the world's youngest-ever billionaire at the age of 31 in 1987. In 1995, he became the world's richest man with a net worth of $12.9 billion.

Who is the youngest self made billionaire? ›

Rihanna Is America's Youngest Self-Made Billionaire – Billboard.

In 1999, Zip2 was acquired by Compaq for over $300 million. Suddenly, Elon found himself with a lot of money when his share in the company gave him a payout of $22 million. At the age of 27, he became a multi-millionaire.

So Elon Musk became a multi-millionaire at 27 years old, and he used over $11 million from that payout to fund X.com, which eventually became PayPal. In 2002, PayPal sold to eBay, and Elon earned $180 million from that deal.

Elon Musk was raised in hardship, wore second-hand clothes, and ate modestly. He became a self-made billionaire thanks to his sharp mind and desire to create something that will benefit all of humanity, with no help from a despotic father.

On September 29, 1916, Rockefeller became the first person ever to reach a nominal personal fortune of US$1 billion (equivalent to US$17 billion in 2020). Rockefeller amassed his fortune from the Standard Oil company, of which he was a founder, chairman and major shareholder.

In the latest Forbes list, Musk increased his net worth to $282 billion, which is over $100 billion richer than Amazon founder Jeff Bezos, whose net worth is $183.6 billion, reports the Daily Mail.

Elon Musk makes about $81.25 million per hour, based on his net worth.

Will Smith's net worth is estimated at $350 Million, making him one of the richest actors in the world. At 51 years old, Will Smith is an American actor, rapper, and songwriter. Millions love him, and he's unarguably been one of the most lovable actors throughout his career. What is this?

But Elon Musk does not subscribe to such a limiting schedule. Dividing his time between four companies, he works anywhere from 80-100 hours a week, averaging about 16+ hours a day. He primarily splits his time between Tesla and SpaceX, with Tesla claiming 42 hours of his week and SpaceX claiming 40 hours.

Who has 400 IQ? ›

I. What is Kanye West IQ? Kanye West IQ is 115 IQ, which is pretty high when compared to other celebrities. This places him in the top 98th percentile.

Although it is unknown whether Mark Zuckerberg has ever taken an IQ test, sources estimate his IQ to be around 152. This is considered to be a genius IQ.

3.2 billion USD (2022)

Donald Trump / Net worth

Starting at 18, when you graduate high school, means you would need to earn $391 per day to make it to $1 million by age 25. What about if you don't start until you graduate college? Then you need to earn $685 per day, assuming you graduate at 22 years old, to become a millionaire by 25.

Elon Musk Just RELEASED The Tesla Phone! (RIP iPhones) - YouTube

Elon Musk cofounded the electronic payment firm PayPal and founded the spacecraft company SpaceX. He became chief executive officer of the electric-car maker Tesla.

The world's richest man said he and his brother have bankrolled their father, Errol Musk, since he "ran out of money in the 90s."

Makeup mogul Kylie Jenner is No. 1: With $1 billion at 22 years old, she remains the world's youngest self-made billionaire. At No. 2 is 23-year-old Alexandra Andresen, worth $1.1 billion.

Who is the fastest billionaire? ›

Jay Walker – 1 year

Then the dotcom bubble burst. The crash hammered the Priceline.com share price and Walker found himself sitting on a fortune of just $333 million by October 2000 – a hefty sum for most but not enough to keep him in the exclusive club of the world's richest.

Alexandr Wang, the latest Silicon Valley wonder boy, is only 25 years old and has a net worth of more than a billion dollars.

Rihanna has become the youngest self-made female billionaire after hitting the $1.4 billion net worth mark.

Data collected by Betway Insider has revealed the average age to become a millionaire is only 37. Becoming a first time billionaire takes a bit longer, with the average age coming in at 51.

There were 328 women listed on the world's billionaires as of 17 March 2021, up from 241 in March 2020. Since 2021, Francoise Bettencourt Meyers is listed as the world's wealthiest woman.

Summary. Taylor Swift is one of the most successful and popular singers in the world. As of October 2022, Taylor Swift's net worth is estimated to be $400 Million.

BIOGRAPHY OF OPRAH WINFREY: An Inspiring Story of the First Female Billionaire on Forbes List.

Elon Musk might be the only person in the world whose biggest failure in life made him a millionaire. Zip2, the serial entrepreneur's first venture, sold for $307 million in 1999, earning Musk $22 million for his 7% share of the company when he was only 27-years-old.

Elon Musk came from a family that owned an emerald mine in Apartheid South Africa.

What does Elon Musk invest in? ›

Zuckerberg took the company public in May 2012 with majority shares. In 2007, at age 23, he became the world's youngest self-made billionaire. As of October 2022, Zuckerberg's net worth was $47.3 billion according to the Forbes' Real Time Billionaires making him the 25th richest person in the world.

Elon Musk Mows His Own Lawn And Cleans His Own House.

Jeff Bezos' net worth in 2021 amounted to $197 billion, which means he earned about $250 million per day or $1.75 billion per week. In the same year, he stepped down as Amazon's CEO so that he could focus on other projects at the company, like his rocket venture Blue Origin.

Based on his annual income of about $1.7 million, Bezos makes more than $140,000 a month, and $4,700 a day. If you break it down further, the billionaire makes about $390 an hour, $6.56 a minute, and $0.10 a second.

The $36.2 billion gain followed a surge in Tesla Inc.'s stock price after Hertz Global Holdings Inc. ordered 100,000 cars. Eclipsing the value of an old-economy bellwether like Exxon may seem like an inevitable milestone in Musk's trajectory.

IQ 155. Elon Musk IQ, which is reported to be 155 IQ, is one of the most intriguing aspects because there is no official evidence proving the precise amount.

In 1999, Zip2 was acquired by Compaq for over $300 million. Suddenly, Elon found himself with a lot of money when his share in the company gave him a payout of $22 million. At the age of 27, he became a multi-millionaire.

Elon Musk was born into a wealthy family in Pretoria, South Africa in 1971. His mother, Maye, is a Canadian dietitian and model, while his father, Errol, is an engineer. While Musk remains close to his mother, his relationship with his father is understood to be strained.

Jeff Bezos' net worth in 2021 amounted to $197 billion, which means he earned about $250 million per day or $1.75 billion per week.

How much does Elon Musk make a hour? ›

Elon Musk makes about $81.25 million per hour, based on his net worth.

I. What is Kanye West IQ? Kanye West IQ is 115 IQ, which is pretty high when compared to other celebrities. This places him in the top 98th percentile.

Although it is unknown whether Mark Zuckerberg has ever taken an IQ test, sources estimate his IQ to be around 152. This is considered to be a genius IQ.

So Elon Musk became a multi-millionaire at 27 years old, and he used over $11 million from that payout to fund X.com, which eventually became PayPal. In 2002, PayPal sold to eBay, and Elon earned $180 million from that deal.

It eventually merged with the online bank Confinity, which used PayPal to transfer money. In 2002, eBay bought PayPal, netting Musk, the majority shareholder, between $160 million and $180 million for his shares.

Elon Musk Just RELEASED The Tesla Phone! (RIP iPhones) - YouTube

Elon Musk was raised in hardship, wore second-hand clothes, and ate modestly. He became a self-made billionaire thanks to his sharp mind and desire to create something that will benefit all of humanity, with no help from a despotic father.

Elon Musk is a Canadian-American business magnate, investor, engineer, and inventor. Most notably, he is the founder, CEO, and CTO of SpaceX; and co-founder, CEO, and product architect of Tesla Motors.