Elon Musk Net worth 2020

0
359
Elon Musk Net Worth
Elon Musk Net Worth

Elon Musk is a founder, CTO, and CEO of SpaceX, co-chairmen if open, CEO of Telsa, and founder and CEO of Neuralink.

Net Worth: $21.6 Billion
Age: 47
Born: June 28, 1971
Country of Origin: South Africa
Source of Wealth: Entrepreneur/Investor

Elon Musk Net Worth :

A 47-year-old engineer, investor, business magnate born in South Africa. He held an estimated net worth $21.6 billion in 2019. His main income is formed from PayPal (founder).

Source :

His source of income in 2019 is from the Telsa company and SpaceX.

Previous years income :

  • 2019: $21.6 billion
  • 2018: $20 billion
  • 2017: $19.6 billion
  • 2016: $16.4 billion

House:

Elon the CEO of Tesla motors paid up to $24.25 million for the new brand spec build ca contemporary mansion where he already spent more than $40 million for 4 homes. In 2012 he also bought a 20,248 square foot mansion in-state in $17 million which has 7 bedrooms and 7 bathrooms. Then he bought the house which he owned from Gene Wilder for $6.75 million in 2013 later musk converted that house into a private school for his five children. In 2015 July he also purchased ranch style 2,963 square feet house in $20 million.

Cars :

The first love of Elon Musk is cars for that he founded a powerhouse company Telsa. Although he has many cars. But, he loves his two cars which were gifted by his friends. Ford Model T and Jaguar E Type Series 1, Roadster.

Property :

Counting on his property and cars is estimated Net worth is from US$20 billion to $29 billion. Which makes him one of the richest rocket scientists in the world.

Early life :

Son of the Canadian model “Maye” and father “Errol” engineer from South Africa. Musk born on 28 June of 1971 in Pretoria has 3 siblings younger than Elon musk “Tosca and Kimbal”. When Elon was 10 years old, He found the passion with a computer. He earned his first money $500 when he was 12 years old from creating a “Blaster” video game.

When he was 10 his parents got divorced. After that, he mostly lives with his father in South Africa. At the age of 17, he moved to Canada. He gains Canadian membership with the help of his mother to avoid serving in the South African military.

He joined Queen University in Kingston Ontario where he found his love Justine Wilson (writer) and married her. After two years at Queen University, then he transferred the University of Pennsylvania. He has graduated in a bachelor of science. At the age of 24, he moved to California to pursue a Ph.D. in physics at Standford University. Then he leaves his Ph.D. in 2 two days only for his interest in entrepreneurial. In 1995 with his brother Kimbal and $28,000 he started zip2 (software company).

Elon mother said in an interview, that compares to her other child Elon was quiet. In addition, She says that Elon introversion compares with other siblings makes her fear out that he may be born deaf. He bullied badly in school days.

Once in an interview, he got teary saying that the gangs used his best friend to lure him out from hiding. They beat me up which hurts him most. He then says for some reason that boys decided that I was it. They also continue to go after me none stop always that become difficult for me in growing up. It happens for a number of years, where he chased around by the gangs of the school who tried to beat him out. Then I come home and it was awful there as well.

In all these problems he got a soft corner as technology. Where he was happy that he acquainted with programming via Commodore VIC-20. It is an inexpensive home computer. Where he becomes proficient enough to create the video game in the style of invaders.

Career :

Musk career started after he dropped his Ph.D. and along with his brother makes a zip2 web software company. It was a city guide for the newspaper publishing industry. After that, he receives contracts from Chicago Tribune and the New York times company to whom musk sold for $307 million.

Musk founded the app X.com and after the merge of X.com and Confinity. It becomes PayPal which becomes the biggest online payment company. Which musk sold to eBay for $1.5 billion after that he left with $165 million. He started to invest money in Telsa, SpaceX, and solar city.

Musk and his wife Justice Wilson is a Canadian author. They both met in Queen university where they started dating and married in 2000. God blesses them with two twins in 2004 and triplets in 2006 born through Vitro fertilization. They would have 6 kids. But, when his first kid was a baby, they lost him. They have taken divorce in 2008. Then he started seeing Hollywood actress in 2008 and got married in 2010. But, They got a divorce in 2012. After that, They married once again in 2013. They got a divorce in 2016 because of their heavy schedule. In 2018 Elon says in an interview that he is dating Canadian songstress Grimes.

Some Facts about Elon Musk :

  • Musk is active politically and gives suggestion and raise his voice in different political issues. He came on board as a member in 2016 on president-elect Donal trump as a presidential advisory committee. He can resign from trump presidency because he fell out in terms of policy direction.
  • Elon Musk becomes famous after they founded Telsa and SpaceX.
  • Musk got bullied in school.
  • The “Iron man” Hollywood famous character inspired by Elon Musk and filmed in his SpaceX.
  • He becomes an American citizen at the age of 31 in 2002.
  • He gets married three times in his life.

Summary :

A man who take risks after getting the big payout by PayPal in invested his money on Telsa and SpaceX. He runs out of money after getting a divorce with his first wife. Elon musk estimated net worth is $21.6 billion.

LEAVE A REPLY

Please enter your comment!
Please enter your name here