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

Who is Elon Musk?

Elon Musk is an American business magnate, investor, engineer and inventor born in South Africa. 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.

Elon Musk’s net worth exceeds $220 billion, according to the Forbes Real-Time Billionaire Index, making him one of the richest people in the world. Elon Musk’s net worth in Rupees is Rs. 18,000 crowns (approximate conversion).

For more information, read the biography of Elon Musk.

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 market leader in electric vehicles and launched 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. 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 reach the International Space Station and its plans to colonize Mars. In addition to his work in the automotive and aerospace industries, Musk is also the president of Neuralink, a company that develops implantable brain-machine interfaces.

Elon Musk’s net worth in 2023

Musk’s net worth has grown significantly over the years thanks to the success of the companies and his ownership stake in them. As of 2023, Elon Musk’s net worth is estimated to be over Rs. 18000 cores INR.

In other words, Elon Musk’s billion-dollar net worth is about $220 billion.

Salary and assets of Elon Musk

Musk is one of the prominent shareholders of PayPal. A significant 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 is also the owner of the Twitter microblogging platform. Musk is estimated to hold a 73% stake in the company in his passive portfolio.

Elon Musk’s net worth today makes him the second richest person in the world. The 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 is estimated at $173 billion today, a staggering loss of over $200 billion.
• According to Bloomberg, Musk is the first billionaire to lose $200 billion.
• Musk’s biggest source of income is Tesla (TSLA), whose stock is down 65% by 2022. Tesla’s stock price and Musk’s personal fortune didn’t benefit from the $44 billion Twitter acquisition. His dollars.
• Since his interest in Twitter was announced 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 net worth, which is almost untouchable. But at the end of 2022, his title of “Richest Man on the Planet” was usurped by Bernard Arnault, Chairman and CEO of LVMH. Since then, Musk has always held the second position on the list of the richest billionaires.
• More recently, the billionaire’s eccentric car company, Tesla, surged 4.6% to $235 on June 8, marking its 10th straight day of gains, as reported by Forbes.
• This profit has helped 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 net worth.
• However, after the market closed, Arnault took the lead, pushing Musk back into second place.

Elon Musk’s Home and Real Estate

The eccentric billionaire has publicly declared he will “not own a home” and currently lives in a modest $50,000 home in Boca Chica, Texas, despite having unlimited access to a home. number of the most beautiful mansions and palaces in the world.

I sell almost all physical assets. They won’t own a house.

– 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.

Does Elon Musk have a charity?

Elon Musk serves as president of the Musk Foundation, whose stated goal is to promote research, development, and lobbying, as well as support science and engineering education initiatives. Nearly half of the fund’s $25 million in 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 then-St Jude Children’s Research Hospital in Memphis, and then $54 million to the X Prize Fund.

Some interesting facts and quotes from Elon Musk

Point of interest:

• 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 embarked on a video game startup Rocket science.
• Elon Musk owns a Wet Nellie, a custom car for James Bond. The Wet Nellie, appearing in The Spy Who Loved Me, is a specially designed Lotus Espirit underwater car.
• The billionaire appeared in the animated sitcom “The Simpsons” in the episode “The Musk Who Fell to Earth”.

Read:

• “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 must 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 matter? to go out there interstellar and as a multi-planet species, I find that very sad.”
• “Persistence is important. You shouldn’t give up unless you have to.”
• “The first step is to establish that something is possible, then the probability will appear.”
• “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 numerous 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.

All in all, Elon Musk’s incredible net worth of over $200 billion is a reflection of his many successful business ventures and his ability to identify and capitalize on new technologies and markets. His work has had a significant impact on various industries and his vision for the future continues to inspire and drive innovation around the world.

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Categories: Trends
Source: vcmp.edu.vn