Elon Musk is the CEO, president, and designer of SpaceX and is the Tesla Inc. products architect, creator of The Boring Company and X.com, as well as Neuralink, OpenAI, and Zip2, as well as Chairman of SolarCity. Musk is behind such innovations as Tesla's first fully driverless car expected soon.
Elon Musk, enigma, and businessman
More about Elon Musk
When Musk became a self-made millionaire in his mid-twenties, he decided to sell his start-up company Zip2 to a unit of Compaq Computers. Musk sparked controversy in May 2012 when he released SpaceX, the first commercial spacecraft to hit the International Space Station.
With the acquisition of SolarCity in 2016, he expanded his portfolio and solidified his role as a market leader by serving as an adviser to President Donald Trump in the early days of his presidency.
Elon Musk net worth
What exactly is the total fortune of this guy?
Elon Musk net worth 2020
According to Bloomberg, Musk's net worth increased by $140 billion (₦533 trillion) in 2020, taking his total to $167 billion (₦635.4 trillion).
Elon Musk net worth 2021
Tesla's CEO has lost $27 billion (₦10 trillion) since 2020, as the automaker's stock has plummeted in the tech stock selloff.
Musk’s $156.9 billion (₦597 trillion) holdings place him in the second position on the Bloomberg Billionaires Table, and he's almost $20 billion behind the world’s richest man, Jeff Bezos. He outshined Jeff Bezos as the richest person on earth some time ago.
Musk's wealth comes from his constant innovation
Elon Musk cars
Though Musk's garage cannot compare with that of the richest man in the world, Jeff Bezos. Perhaps, as expected, Musk’s cars are mostly Tesla, though he can afford any car he wants. Some of the cars he owns are:
Tesla Model S Performance 2019 (₦35million)
It's the Model S, which is interesting. Musk has revealed that he is the one who moves the most. It's no wonder that many people consider it to be the most relaxed and welcoming of all Teslas.
Musk's everyday car for work and business
Tesla Model X (₦30 million)
Musk claims to use his Model X SUV with the dynamic Porsche doors when he drives with his children (he now has six). We're guessing he has the third alternative built because otherwise, not everyone will be able to suit.
This is the car he drives his kids in
2021 Tesla Cyber truck (₦26 million)
Of course, Musk owns Tesla's quirky pickup, which has a highly controversial build, a built-in bed slope, and other innovative features. We also wish that Musk does not have smashed windows as well, because that would be humiliating.
Not everyone's cup of tea, the Tesla Cybertruck
2008 Tesla Roadster (₦37 million)
Musk came up with a clever way to bring his Roadster to good use. It was loaded onto a SpaceX Falcon Heavy rocket and launched into Earth's atmosphere in February 2018, with a Starman dummy inside. The automobile and its driver are still circling the globe, offering some exciting space litter.
Still orbiting the sun somewhere in space
Non-Tesla cars Elon Musk owns
Though he doesn't drive them as much, Musk does own cars not made by Tesla. Some are:
- Ford Model T (1920)
- E-Type Jaguar Roadster (1967)
- Lotus Esprit, aka ‘Wet Nellie’ (1976), used for "The Spy who loved me" and cost him $920,000 or ₦368 million
- BMW 320i (1978) which he bought for $1,400 as his first car
- McLaren F1 (1997)
- Porsche 911 Turbo (2012)
- Audi Q7 (2010)
Musk does have outside car interests
Elon Musk was disappointed the Bond car couldn't actually transform
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Elon Musk houses
In 2010, the Tesla CEO rented the colonial-style home and stayed there with his five sons. He later bought the house for $17 million (₦64.7 billion), though its current value is calculated to be $22.3 million (₦84.8 billion) on May 3, days after posting on Twitter that he'd "own no home,"
Musk advertised it for purchase by the owner for $30 million (₦11.4 billion).
Musk has purchased two other homes on the same street, including one in October 2013 for $6.75 million (₦2.5 billion).
On May 3, Musk placed the house on the market for $9.5 million (₦3.6 billion). Musk had purchased a new Los Angeles mansion for $4.3 million (1.5 million) in July 2015 but had neglected it.
This property was described as "unkempt" by the Wall Street Journal in December, with "an unkempt, bush-filled front yard, a coloured glass window, a clay rabbit, and dead plants in pots by the front door."
He also owns a neighbouring house, a 100-year-old, 16,000-square-foot Mediterranean-style mansion with 10 bedrooms, bay views, ski resorts, and a ballroom in the ritzy Bay Area neighbourhood of Hillsborough.
Musk purchased it in June 2017 for $23.4 million (₦8.2 billion), but it was recently listed on Zillow for with his ex-wife Talulah Riley. The tech billionaire recently acquired this "boomerang-shaped home" in Brentwood, California, about 15 miles northwest, the inner city of Los Angeles.
According to the Variety-owned real-estate platform Dirt, the ex-couple paid below $3.7 million (₦1.3 billion) for the real-estate in 2014.
He sold the property for $4 million (₦1 billion) in late August 2019, according to Business Insider. $35 million.
Determined to own no house, he sells as he buys 'em
Elon Musk biography
Elon Musk was born June 28, 1971, in Pretoria, South African. He’s an American businessman who co-founded PayPal and founded SpaceX, a launch vehicle and spacecraft manufacturer. He was also one of the first major investors and the CEO of Tesla, an electric car company.
Musk was born to a Canadian mother and a South African father. He demonstrated an early aptitude for computers and industry. Musk was as engrossed in his dreams about technology as a child that his parents and doctors ordered a hearing test. Musk became interested in computers around the time of his parent's divorce when he was ten years old.
He made a video game at the age of 12 and marketed it to a computer publication. Musk was small, socially inept, and nerdy in elementary school.
He was harassed till he was 15 years old, during which time he experienced a personality change and learned to protect himself with karate and wrestling.
Musk left South Africa in 1988 after receiving a Canadian passport because he refused to endorse apartheid by compulsory military service and pursued the new economic opportunities available in the U.S.
Elon Musk education
Musk began his education at Queen's University in Kingston, Ontario, before transferring to the University of Pennsylvania in Philadelphia in 1992, where he earned bachelor's degrees in physics and economics.
He registered at Stanford University in California for graduate school in physics, but he dropped out after just two days because he believed the Internet had much more potential to transform society than work in physics.
Zip2, a company that provided maps and business directories to online newspapers, was founded by him in 1995.
After Zip2 was acquired by software maker Compaq for $307 million in 1999, Musk founded X.com, which later became PayPal, an online financial processing company that focused on online money transfers.
PayPal was purchased for $1.5 billion in 2002 by the online auction site eBay.
Elon Musk family
Musk had been married to a Canadian author in 2000, Justine and they divorced in 2008. Their first son died of SIDS at 10 weeks.
After the death of Nevada, Musk went on to have a twin and triplet boys. Musk married Talulah Riley an actress in 2010 and divorced her later in 2012.
They remarried but in December 2014, Musk filed for divorce but also withdrew the paperwork. Riley filed for divorce in March 2016 and they finally separated in October.
Presently, he is with his girlfriend Grimes (Claire Boucher) who is a musician and they have a baby together. They named the baby XÆ A-Xii Musk, or “X Ash A-12 Musk.”
Musk is a real man of the family, which to some is surprising
See the video of the Tesla Cybertruck's glass embarrassing billionaire Musk.
Tesla CyberTruck Glass Failed - Embarrassed Elon Musk
Elon Musk quotes
"When something is important enough, you do it even if the odds are not in your favor."
"If you get up in the morning and think the future is going to be better, it is a bright day. Otherwise, it's not."
"When Henry Ford made cheap, reliable cars, people said, 'Nah, what's wrong with a horse?' That was a huge bet he made, and it worked."
"Persistence is very important. You should not give up unless you are forced to give up."
It appears that Elon Musk’s net worth has dropped but he doesn’t seem bothered about it as his title as the second richest in the world remains.
Musk appears to be everywhere at the same time, promoting a variety of futuristic technologies. He stated that he will not be satisfied until we have left Earth and colonized Mars.