Elon Musk Net Worth 2023: Elon Musk is well-known as an American entrepreneur who founded startups like Spacsx and tesla motors. Recently Elon Musk acquired Twitter for 44 billion dollars. So Have you ever wondered how much money Elon Musk is worth?
If so, you’re not alone! Many people are curious about the net worth of this prominent figure in the tech industry. So, what is the net worth of Elon Musk? Let’s find out!
Elon Musk 2023 Complete Profile
| Name | Elon Musk |
| Net Worth | $184 billion |
| Profession | entrepreneur (Space X founder CEO of Tesla) |
| Monthly Income And Salary | $200 Million+ |
| Born | 28 June 1971 |
| Age | 51 Years |
| Place | Pretoria, South Africa |
| Citizenship | United States |
| Spouse | Talulah Riley (m. 2013–2016), Talulah Riley (m. 2010–2012), Justine Musk (m. 2000–2008) |
| Children | X Æ A-Xii, Nevada Alexander Musk, Griffin Musk, Kai Musk, Damian Musk, Saxon Musk, Xavier Musk |
| Partner | Grimes (2018–) |
| Twitter Handle | @elonmusk |
Elon Musk was born in South Africa; his mother is of Canadian origin, and his father is from South Africa. Musk has been very fond of reading books since childhood.
Elon Musk’s career began in 1995 when he founded Zip2 with his brother, Kimbal. The company provided online content publishing software for news organizations and was later acquired by Compaq for almost $300 million. Following this, Musk ventured into the online payment space, co-founding X.com, which later became PayPal and was acquired by eBay for $1.5 billion in 2002.
In 2004, Musk entered the automotive industry by becoming a majority shareholder in Tesla Motors. The company designs and manufactures electric vehicles, energy storage systems, and solar panels and has become a leading player in the electric vehicle market under Musk’s leadership.
Musk is also the co-founder of SolarCity, a company that provides solar panel installation and energy management services. Tesla later acquired SolarCity in 2016 for $2.6 billion.
He also co-founded SpaceX, which designs and manufactures advanced rockets and spacecraft. The company has made headlines for its successful launches, including the first privately funded liquid-fueled rocket to reach the International Space Station and its ambitious plans to colonize Mars. Musk is also the chairman of Neuralink, a company that develops implantable brain-machine interfaces, adding to his already impressive list of ventures.
Elon Musk Net Worth 2023:
His successful ventures and stakes in various companies have bolstered Elon Musk’s impressive net worth. As of 2023, Musk’s net worth is estimated to be over $187 billion. His net worth is primarily derived from his shares in PayPal, of which he is a prominent shareholder. Additionally, Musk owns approximately 13.4% of Tesla shares and around 25% of SpaceX shares, both of which have been successful under his leadership. Musk also holds an estimated 73% of Twitter in his passive portfolio.
Musk’s net worth has fluctuated significantly over the years despite his wealth. In November 2021, his net worth peaked at $340 billion. Still, as of 2023, it is estimated to be around $140 billion, a loss of over $200 billion. This loss is partly due to Tesla’s stock falling by 65% in 2022. Despite his significant losses, Musk has been able to reclaim his title as the world’s richest person after an increase in Tesla’s stock prices.
elon musk’s charities:
Elon Musk is active in philanthropic work; he has donated significantly to various causes. He presides over The Musk Foundation, a non-profit organization committed to advancing research and development, promoting education, and lobbying for important causes.
Since its inception in 2002, The Musk Foundation has donated more than 350 times to non-profits. From 2002 to 2018, nearly half of the foundation’s $25 million in direct donations went to Musk’s OpenAI, a non-profit organization at the time.
In 2021, Musk made headlines for his generous donations. He gave $55 million to the St. Jude Children’s Research Hospital in Memphis and another $54 million to the X Award Foundation, a non-profit that seeks to advance solutions to global problems through innovation and technology. These donations demonstrate Musk’s commitment to using his wealth for the greater good and positively impacting society.
elon musk’s Related FAQs
what is elon musk net worth?
According to Forbes, as of March 2023, Elon Musk’s net worth is estimated to be over $187 billion USD. However, his net worth can fluctuate based on changes in the stock prices of his companies, including Tesla, SpaceX, and others.
how old is elon musk?
Elon Musk was born on June 28, 1971, which means he has turned 51.