How rich is Tesla CEO Elon Musk “The richest person in the world” really?
Elon Musk, the Canadian-American entrepreneur, was born in South Africa and has billions in his fortune Companies like PayPal, Tesla Motors, and SpaceX but mostly made in the USA. Its wealth could grow significantly in the next few years if Tesla’s Model 3 were actually to become as big a success as all critics currently suspect.
It is not his salary that made him rich, but his Assets are built, among other things, on their stock of shares. After all, he owns 21.7 percent of Tesla Motors. Its current Annual salary of $ 37,440, which Elon Musk obtains from Tesla, is to be understood more symbolically. Elon Musk has always set himself big goals and now wants to conquer space with his company SpaceX. Elon Musk has a current fortune of 247.45 billion euros officially as the richest person in the world. On September 29, 2021, he ousted Amazon boss Jeff Bezos from his throne and has since expanded his lead in the billion-dollar race tremendously.
Who is Elon Musk?
Both as a person and as an entrepreneur and investor, Elon has already polarized Musk. Above all, he is seen as an aggressive entrepreneur who knows exactly where to go. There is also a philosopher in him. Because Elon Musk doesn’t just want to earn money, he wants to make the world a better place. The fact that he is already a multi-billionaire at the age of 44 is also thanks to his parents, who familiarized him with computers and technology at an early age. He developed his first commercial software at the age of 12 and was able to experience what it means to be an entrepreneur with the game called Blastar. He later studied physics at the elite University of Pennsylvania.
People who know Elon say he’s an absolute workaholic. That seems to have damaged his private life, at least in part. Because even if Elon Musk is the father of 6 sons, one of whom unfortunately died at a young age, he has three divorces from a total of 2 different wives, although his last divorce is not yet fully completed. However, investors and entrepreneurs like to work with the man at the helm of Tesla Motors and SpaceX, as he is considered an extremely reliable business partner.
The businessman Elon Musk
The first company Elon Musk ever founded was Zip2. This company was founded in 1995 in collaboration with Elon’s brother, Kimbal. With his city guide for online newspapers, the entrepreneur was even able to attract customers such as the world-famous New York Times and the equally prestigious Chicago Tribute. The later sale of Zip2 brought Elon a good 19.5 million euros. Shortly afterwards, the smart Elon became the Co-founder of X.com. This group in turn merged with Confinity, before later together with Peter Thiel PayPal the company became. In the meantime, Elon Musk even held the role of CEO of PayPal. When PayPal was sold, the smart entrepreneur received 146 million euros and was thus paid out as the largest shareholder in PayPal. Of course, this shouldn’t be the last company the current Tesla CEO was involved in.
With SpaceX to the new world
Since 2001, Elon has been pursuing plans to conquer space and make life there tangible for other people. His SpaceX company has even received an order from the US space agency. The contract with NASA, which SpaceX was able to conclude in 2006, is said to have been worth a full 1.4 billion euros. If Elon Musk has his way personally, he would like to reduce the cost of a trip into space by a factor of ten while still alive. As if the businessman didn’t have enough to do with this project, Elon Musk also has the role of CEO at Tesla Motors. If you then also consider that the investor founded the company OpenAI in December 2015, which is a non-profit company that deals with the latest research in the field of artificial intelligence richest man in the world so no boredom guaranteed.
Elon Musk’s holdings
Elon Musk is currently involved in the following companies.
- SpaceX (since 2002)
- Tesla Motors (since 2003)
- SolarCity (Since 2006) – Tesla acquired on November 21, 2016 for $ 2.6 billion
- Hyperloop (since 2013)
- OpenAI (since 2015)
- The Boring Company (since 2016)
- Thud (since 2018)
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