Elon Musk’s Net Worth (The Competition Didn’t Stand a Chance)
Elon Musk’s Net Worth (The Competition Didn’t Stand a Chance)

As the CEO of Tesla as well as SpaceX, Elon Musk is not only famous, but incredibly wealthy. His time with Zip2 and PayPal certainly helped him get started in the ultra-wealthy club. But owning stock in one of the most successful car companies in the world has pushed him into the billionaires' club.

"I could either watch it happen or be part of it." - Elon Musk

What Is Elon Musk's Net Worth?

Elon Musk s Net Worth

The American/Canadian/South African is worth around $31.8 billion. Musk is an engineer, industrial designer, and entrepreneur focused on technology. While he technically earns a salary as Tesla's CEO, he hasn't collected it in years. And he is only making the minimum wage in California for his position (which was about $50,000 in 2019).

"Don’t be afraid of new arenas." - Elon Musk

How Does Elon Musk Earn His Money?

Elon Musk s Income

The majority of his income comes from owning 22% of Tesla's publicly traded stock. Depending on how the market is doing, he can make a lot or a little money each week. One week he reportedly made nearly $2 billion.

"Work like hell. I mean you just have to put in 80 to 100 hour weeks every week. This improves the odds of success." - Elon Musk

Elon Musk's House & Real Estate Details

Elon Musk s Houses

Musk owns over a half a dozen properties in California. One is his estate near Tesla headquarters in Northern California. The house on the property is over 100 years old and includes a ballroom, pavilion, and staff wing.

"No, I don’t ever give up. I’d have to be dead or completely incapacitated." - Elon Musk

Elon Musk s Houses Colonial

His other houses are located in Los Angeles, and include a Colonial style, a six bedroom made up of geometric shapes, a four bedroom property, a six bedroom home with eight bathrooms, a Ranch house formerly owned by Gene Wilder, and a Colonial mansion with five garages, a tennis court, and a pool.

Inside Elon Musk's Multi Car Garage

Elon Musk s Cars

Musk has a long history with flashy vehicles. Some he still owns, and some have been lost to crashes and more over the years. His collection has included a 1967 E-Type Jaguar, a McLaren F1, the Lotus Espirit submarine car from the James Bond franchise, a Hamann BMW M5, and a Ford Model T.

"We’re going to make it happen." - Elon Musk

Elon Musk s Cyber Truck

He has also driven many Tesla models, including the Roadster, Model S, and Model X, and a Cyber Truck.

Vacations Elon Musk Style!

Elon Musk s Vacations

Musk is notorious for saying he doesn't take vacations. In fact, in his biography he's quoted as saying "vacations will kill you". He is a workaholic and is known for not only working long weeks, but sleeping in his office on a regular basis.

"The idea of lying on a beach as my main thing just sounds like the worst. I like high intensity." - Elon Musk

ADVERTISEMENT