Photo by AP Photo/Jae C. Hong

REAL TIME NET WORTH

$177.2B

as of 2/14/21

  • Elon Musk is working to revolutionize transportation both on Earth, through electric car maker Tesla – and in space, via rocket producer SpaceX.
  • He owns 21% of Tesla but has pledged more than half his stake as collateral for loans; Forbes has discounted his stake to take the loans into account.
  • He stepped down as chairman in 2018, after making alleged “false statements” about a plan to take Tesla private, triggering an SEC probe.
  • SpaceX, Musk’s rocket company, is now valued at $46 billion.
  • He grew up in South Africa, then immigrated to Canada at age 17. He landed in the U.S. as a transfer student to the University of Pennsylvania.

Stats

Age49

Source of WealthTesla, SpaceX, Self Made

ResidenceAustin, Texas

CitizenshipUnited States

Marital StatusIn Relationship

Children7

EducationBachelor of Arts/Science, University of Pennsylvania

Musk was accepted to a graduate program at Stanford, but deferred attendance to launch his first business, software company Zip2.

As a kid Musk taught himself to code; he sold his first game, Blastar, for about $500.

$10.7B

Billionaires
March 2016

$11.6B

Forbes 400
October 2016

$13.9B

Billionaires
March 2017

$20.8B

Forbes 400
October 2017

$19.9B

Billionaires
March 2018

$19.6B

Forbes 400
October 2018

$22.3B

Billionaires
March 2019

$19.9B

Forbes 400
October 2019

$24.6B

Billionaires
April 2020

$68B

Forbes 400
September 2020

I operate on the physics approach to analysis. You boil things down to the first principles or fundamental truths in a particular area and then you reason up from there.

Elon Musk

13 hours ago

With the dogecoin price up a blistering 600% since late January, developers who had long ago abandoned the memecoin are back and planning to update the aging software…

Feb 12, 2021

Elon Musk, the billionaire chief executive of electric car-maker Tesla, has single-handedly added thousands of dollars to the price of bitcoin in recent weeks…

Feb 10, 2021

Lawyers have warned Musk, whose fast-and-loose Twitter persona has landed him in hot water with regulators before, could face questions from the U.S. Security and Exchange Commission over “the facts and circumstances” of Tesla’s bitcoin-buy…

Feb 9, 2021

A bullish future of private monies replacing government money, of individuals asking for compensation in money they trust over money that governments haven’t always overseen in trustworthy fashion.

Feb 8, 2021

The meteoric rise of digital assets, and Bitcoin in particular, in 2020 is undeniable. Here’s what Elon Musk’s recent actions reveals about investor confidence.

Feb 8, 2021

Bitcoin has suddenly surged after Tesla, the electric car-maker led by billionaire Elon Musk, revealed it has bought bitcoin…

Feb 6, 2021

The top ten gainers added a combined $74 billion to their net worths.

Feb 6, 2021

After Tesla boss and tongue-in-cheek “dogecoin CEO” Elon Musk sent the dogecoin price sharply higher this week, Kiss frontman Gene Simmons has jumped on the dogecoin bandwagon…

Feb 4, 2021

The $169,000 Lucid Air is coming this spring and Peter Rawlinson claims it’ll be the fastest, longest-range electric vehicle on the planet. He should know. A decade ago, he engineered Tesla’s Model S.

Feb 3, 2021

At least with this new audio app, you can turn off notifications and learn something new.

Feb 2, 2021

Musk’s tweets have fueled market frenzies, defamation lawsuits and SEC investigations.

Feb 1, 2021

Robinhood CEO Vlad Tenev was being interviewed by Musk late Sunday on the social media app Clubhouse.

Feb 1, 2021

Elon Musk, the billionaire founder of Tesla, has said he thinks the cryptocurrency bitcoin is on “the verge” of breaking into traditional finance…

Jan 31, 2021

A search for the keywords “personal brand” on Google returns over 10.5 million results and a Google Trends analysis shows that searches for the concept have more than doubled in the past ten years.

Jan 29, 2021

How Short Selling Works: Understanding a misunderstood investment concept

Jan 29, 2021

Well, one of the richest men in the world is a Gamer, and that means Elon Musk has expanded into a new role on occasion: game critic. Here are his thoughts on Cyberpunk 2077.

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Tesla

Holds stake in Tesla Motors

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