Elon Musk Net Worth 2020 and Biography
|Celebrated Name:||Elon Musk|
|Birth Name:||Elon Reeve Musk|
|Birth Date:||28th of June, 1971|
|Age:||48 years old|
|Birth Place:||Pretoria, Transvaal South Africa|
|Nationality:||South African, Canadian, and American|
|Spouse (Name):||Justine Musk (2000 – 2004); Talulah Riley (2010 – 2012) ; Talulah Riley (2013 – 2016 )|
|Children:||6 (Nevada Alexander (deceased), Griffin, Kai, Xavier, Saxon, and Damian Musk)|
|Dating(Name):||Amber Heard (2016 – 2017) ; Grimes (2018 – Present)|
|Profession:||Industrial Designer, Technology Entrepreneur, and Engineer.|
|Net Worth:||44.2 Billion US Dollars|
|Last Updated:||March, 2020|
According to Forbes, Elon Musk is the richest 20th-richest person worldwide. He is an industrial designer, technology entrepreneur, and engineer. As of March 2020, Elon Musk net worth is approximately $44.2 Billion. He has found so many big and known companies in the world. This man is the co-founder and CEO of SpaceX, and Neuralink. Musk is also the co-founder and former co-chairman of Open AI.
In 2002, he founded SpaceX which is aerospace manufacturing and offers transport services to space. Two years later, he joined an electric vehicle manufacturer, Tesla and became one of its architects and the CEO. Open AI is a research company which aims to promote friendly artificial intelligence. Then in 2016, Mr. Musk also became one of the founders of a neurotechnology company that is involved in developing brain-computer interfaces. That same year, he founded a tunnel and infrastructure company The Boring Company. All of these ventures and more have deeply contributed to Elon Musk net worth and all the accomplishments he has today.
Elon Musk Biography
Elon Reeve Musk was born on the 28th of June, 1971 in South Africa to MayeHaldeman Musk and Errol Musk. His mother was a Canadian model and dietitian while his father was a pilot, sailor and electromechanical engineer from South Africa. He has two half-siblings, a younger brother, Kimbal and a younger sister, Tosca. He is of American, Canadian, Dutch, and South African ancestry.
His parents got divorced in 1980 and Elon decided to live with his father after two years of separation. He has admitted to having regretted that decision as he said his father was “a terrible human being”. He loved reading as a child and when he was 10 years, he grew an interest in computing. When he was just 12 years, he taught himself computer programming and sold his first video game written in BASIC code.
As a child, Elon was a victim of bullying and was once thrown down the stairs which made him undergo corrective surgery as his nose was badly damaged. He attended Waterkloof House Preparatory School and also Bryanston High School. He graduated from Pretoria Boys High School and then in 1989, he moved to Canada with the help of his mother against his father’s wishes. Before the success of moving to Canada, he went to the University of Pretoria for five months. Then, after moving to Canada, he attended Queen’s University and in 1992, he attended the University of Pennsylvania where he went to pursue a certificate in business and physics. However, he graduated with a Bachelor of Science certificate in economics and another Bachelor’s degree in Physics.
In 1995, Musk started a Ph.D. at the Stanford University of California in energy physics/materials science. He did not complete this study as he dropped out after he launched his first company. This was the start and beginning of Elon Musk net worth.
Elon Musk Career
Elon Musk and his brother, Kimbal started their own company Zip2 which is a web software company. The company was later bought by Compaq at $307 million in cash and $34 million in stock. Elon had a 7 percent share in the company and was paid $22 million in 1999. That same year, he co-founded an online financial and email payment company named X.com with part of his money from the sales. A year later, the company merged with PayPal. Then in 2002, the company was bought by eBay for the sum of $1.5 billion in stock and Elon was paid $165 million.
Some of the companies he has founded after this are SpaceX (2001), Tesla (2003), SolarCity (2006), OpenAI (2015), Neuralink, and The Boring Company (2017). All of these companies have been huge successes and contributed hugely to the Elon Musk net worth.
Age, Weight, and Height
Elon Musk was born on the 28th of June, 1971 which means he is 48 years old as of March 9, 2020. He is 186.7cm tall and weighs 90kg.
Elon Musk Net Worth 2020
Musk has built a massive wealth for himself with all his accomplishments and achievements. While he was young, he earned $14 when he did a summer internship alongside his brother at the Bank of Nova Scotia. After their first company was sold, Elon earned approximately $22 million. He also got $180 million when Paypal was sold. All these are the foundation of Elon Musk net worth and started the foundation of all he has today.
However, his wealth took a negative drain in 2008 after he divorced his first wife. According to him, “he ran out of cash and was living off loans from friends”. Two years later, his company Tesla skyrocketed on the stock market. Elon Musk net worth as of this time was $2 billion and he appeared on the richest lists by Forbes.
Years later, his wealth has been increasing and the billionaire lives a luxurious life. He has residential property in Los Angeles that is worth about $70 million. He purchased the estate for $17 million and it is a 248 square foot mansion with a gym, home theatre, 2 story library, and a 1000-bottle wine cellar.
With a net worth of $44 billion, the billionaire also has a high taste for cars. In 2018, he paid the sum of $920 thousand for a Lotus Espirit submarine car. In addition, he owns several models of Teslas, a Jaguar E, and a Ford Model T. Most of his wealth is spent on his companies.
While Elon Musk was a student at Ontario Queen University, he met his first wife Justine Wilson who is an author. They both got married in 2000 and then separated eight years later. They had a son who passed away when he was 10 weeks old. After his death, they had 5 more sons via Vitro fertilization. Their first was twins in 2004 and then triplets in 2006. They are now divorced but share custody of their children.
Musk started dating actress Talulah Riley in 2008 and two years later, they both got married. In 2012, he announced their relationship had ended via Twitter. They remarried in 2013 and then in 2014, Elon filed for divorce the second time which he later withdrew. However, in 2016 Ms. Talulah filed for divorce and it was finalized that same year.
In 2016, he started dating Amber Heard but they broke up after a year. On the 7th of May, 2018, he began to date musician, Grimes. Then early 2020, Grimes announced they were expecting their first child together.
That is all there is to know about the billionaire Elon Musk net worth, personal life, childhood, and also different achievements. This man has built such a great legacy for himself and no doubt, has booked a place in the history.