Journey to Elon Musk Wealth
Musk was born on 28th June 1971, in Pretoria, South Africa. His early ventures included forming a web software company named Zip2 and also founding X.com which further became PayPal and later it was sold to eBay for around $1.5 billion in stock. Elon Musk wealth share from the sale of PayPal gave him a substantial financial boost.
Ever since the start Musk had the vision to revolutionize the automotive industry, which kind of gave Musk a global spotlight. In the year 2004, Musk co-founded Tesla, which is an eclectic vehicle manufacturer. Despite having various challenges and hurdles, Musk is one of the world’s wealthiest people as a result of his unwavering commitment to developing environmentally friendly transportation methods and Tesla’s great success.
SpaceX, which is another great venture that was founded by Musk in 2002, this particular company has redefined space exploration. Some of the major achievements of the company are being the very first privately- funded spacecraft to reach orbit and also to develop reusable rockets.
Again in 2016, Musk merged SolarCity, which is a solar energy service company. The company was founded by Musk’s cousin into Tesla, solidifying his commitment to sustainable energy solutions.
Elon Musk Net Worth 2023: Salary, Net Worth in INR & Income [LATEST]
According to the reports of the Bloomberg Billionaires Index, Elon Musk net worth is around $193 billion after he lost $41 billion since Tesla’s October 18 earnings call. This makes him the world’s richest person after he grabbed this position after beating the CEO of Louis Vuitton Bernard Arnault. Let’s dive a little more into the article to find out more about his net worth.