[Latest] Elon Musk Net Worth 2023: Salary, Net Worth in Rupees (INR), Income

Who is Elon Musk?

Elon Musk is a South African-born American business magnate, investor, engineer, and inventor. Musk is the CEO and co-founder of SpaceX, CEO and Product Architect of Tesla, Inc., and Chairman of Neuralink. He is also the co-founder and former president of SolarCity, the co-founder of Zip2, and the founder of The Boring Company.

Elon Musk’s net worth exceeds $234 billion, according to the Forbes Real-Time Billionaires Index, making him one of the richest people in the world. Elon Musk’s net worth in rupees is Rs. 18,000 crores (approximate conversion).

To learn more, read Elon Musk’s biography.

Elon Musk

Net worth:

$234 billion


$2.4 billion (approx.)

Monthly income:

$200 million (approx.)


June 28, 1971


52 years


1.80 meters (5′ 11″)


American, Canadian and South African

Elon Musk’s early career

Musk’s career began in 1995 when he and his brother, Kimbal, founded Zip2, a company that provided online content publishing software for news organizations. In 1999, Compaq acquired the company for nearly $300 million. After the sale of Zip2, Musk co-founded X.com, an online payments company, which later became PayPal, and was purchased by eBay for $1.5 billion in 2002.

Musk’s foray into the automotive industry began in 2004 when he became a majority shareholder in Tesla Motors, a company that designs and manufactures electric vehicles, energy storage systems and solar panel manufacturing. Under Musk’s leadership, Tesla has become a leader in the electric vehicle market and has launched several successful models, including the Tesla Roadster, Model S, Model X and Model 3.

In 2006, Musk co-founded SolarCity, a company that provides solar panel installation and energy management services. In 2016, SolarCity was acquired by Tesla, Inc. for $2.6 billion.

Musk is also the CEO and co-founder of SpaceX, a company that designs and manufactures advanced rockets and spacecraft. SpaceX has made headlines for its successful launches, including the first privately funded liquid-fuel rocket to reach the International Space Station, and for its plans to colonize Mars. In addition to his work in the automotive and aerospace industries, Musk is also president of Neuralink, a company that develops implantable brain-machine interfaces.

Elon Musk Net Worth 2023

Musk’s net worth has grown significantly over the years due to the success of his companies and his stakes in them. As of 2023, Elon Musk’s current net worth is estimated to exceed Rs. INR 20,000 crore.

In other words, Elon Musk’s net worth in billions is around $234 billion.

Elon Musk salary and productive assets

Musk is one of PayPal’s prominent shareholders. A sizeable chunk of Elon Musk’s net worth comes from the 13.4% of Tesla shares he owns. In 2002 he launched SpaceX, of which, between shares and options, he owns about 25%. Additionally, he is the owner of the microblogging platform Twitter. Musk owns about 73% of the company in his passive portfolio.

Elon Musk’s current net worth has made him the richest person in the world. The second richest person in the world is Bernard Arnault, Chairman and CEO of LVMH.

Current Elon Musk Net Worth Updates

  • Musk’s net worth peaked in November 2021 at $340 billion.
  • Elon Musk’s current net worth is estimated to be $173 billion, a staggering loss of over $200 billion.
  • According to Bloomberg, Musk is the first billionaire to lose $200 billion.
  • Musk’s biggest source of income is Tesla (TSLA), whose shares are down 65% in 2022. Tesla’s stock price and Musk’s personal wealth have not benefited from his $44 billion acquisition of Twitter.
  • Since going public with his interest on Twitter in April, Musk, Tesla’s largest shareholder, has sold $23 billion worth of shares.
  • Musk was once the richest person in the world with a staggering, almost untouchable net worth. However, at the end of 2022, his title of “richest man on the planet” passed to Bernard Arnault, chairman and CEO of LVMH. Since then, Musk has remained in second position on the list of the richest billionaires.
  • The share price of eccentric billionaire Tesla’s car company recently rose 4.6% to $235 on June 8, marking its 10th straight day of gains, Forbes reported.
  • This gain helped Elon Musk regain his position as the richest person in the world. According to Forbes, Musk’s net worth is now $220.2 billion, $4.2 billion more than Bernard Arnault’s.
  • However, after the market closed, Arnault came out on top, pushing Musk back into second place.
  • On July 20, Musk’s wealth fell by $20.3 billion, when Tesla shares plummeted.
  • Despite the fall, Musk’s fortune still surpasses Bernard Arnault’s by some $33 billion and he remains the richest man on the planet.

Elon Musk’s Houses and Real Estate Properties

The eccentric billionaire publicly vowed “to own no house” and currently resides in a modest $50,000 property in Boca Chica, Texas, despite having unlimited access to some of the world’s most beautiful villas and mansions.

I sell almost all physical possessions. He will not own any house.

– Elon Musk (@elonmusk)
May 1, 2020

What cars does Elon Musk own?

Billionaire Elon Musk owns many vintage and luxury cars. Below is the list of all the cars he owns.

Elon Musk car collection


1978 BMW 320i


1967 Jaguar E-type


1997 McLaren F1


2006 Hamann BMW M5


2008 Tesla Roadster


2010 Audi Q7


1976 Lotus Esprit “Wet Nellie”


Porsche 911 Turbo 2012


1920 Ford Model T


Tesla model X


Tesla Model 3 Performance


2019 Tesla Model S performance


Tesla cyber truck


Does Elon Musk have any charities?

Elon Musk chairs the Musk Foundation, whose stated goals are to promote research, development and lobbying, as well as assist in science and engineering education initiatives. Nearly half of the foundation’s $25 million in direct donations to nonprofits between 2002 and 2018 went to Musk’s OpenAI, which was a nonprofit at the time. The foundation has donated more than 350 times since 2002.

In 2021, the billionaire donated $55 million to St Jude Children’s Research Hospital in Memphis at the time, and later $54 million to the X Award Foundation.

Some interesting facts and quotes from Elon Musk

Interesting data:

  • At age 12, Elon Musk made and sold a video game to a magazine. PC and Office Technology magazine bought the space combat game “Blastar” for $500.
  • Musk also had a job at the video game startup. space science.
  • Elon Musk owns Wet Nellie, a custom James Bond car. The Wet Nellie, seen in the movie The Spy Who Loved Me, is a purpose-built Lotus Espirit submersible car.
  • The billionaire appeared on the animated comedy “The Simpsons” in the episode “The Musk Who Fell to Earth.”


  • “If you wake up in the morning and think the future is going to be better, it’s a bright day. Otherwise, it’s not.”
  • “There have to be reasons why you get up in the morning and want to live. Why do you want to live? What’s the point? What inspires you? What do you love about the future? If the future doesn’t include being outside being among the stars and being a multiplanetary species, I find it incredibly depressing.
  • “Persistence is very important. You shouldn’t give up unless you’re forced to.”
  • “The first step is to establish that something is possible; then probability will occur.”
  • “I think it’s possible for ordinary people to choose to be extraordinary.”

Musk has faced controversies and criticism over the years, including for his management style, public statements, and his involvement in several lawsuits. However, his innovative ideas and ambitious plans for the future have made him a controversial but influential figure, not just in the tech industry, but in the world.

Overall, Elon Musk’s staggering net worth of over $234 billion is a reflection of his numerous successful business initiatives and his ability to identify and capitalize on emerging technologies and markets. His work has had a significant impact on a variety of industries and his vision for the future continues to inspire and drive innovation around the world.

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Categories: Optical Illusion
Source: ptivs2.edu.vn

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