But the vast majority of Musk's wealth comes from his 12% stake in EV car business Tesla, and 42% share of rocket company SpaceX. He also owns around 33% of XAI Holdings, valued at roughly $105 billion by Bloomberg, following a merger with X and AI startup xAI.
He co-founded Zip2, which was sold to Compaq for nearly $300 million. He then founded X.com, which later became PayPal and was sold to eBay for $1.5 billion. Musk also co-founded Tesla, which has become a leading electric car manufacturer, and SpaceX, a private aerospace manufacturer and space transportation company.
Elon Musk belonged to an upper-middle-class family in South Africa. They were affluent enough to provide for a comfortable lifestyle. However, at age 17, Elon moved to Canada to attend Queen's University and avoid mandatory service in the South African military.
But what many people don't know is that Elon was a very gifted child. At the time, he probably didn't know what STEM education was, but he did know that he liked it! He excelled in STEM subjects and was always interested in when his teachers introduced new science lesson plans.
Musk told The Wall Street Journal in 2023 that he usually goes to bed around 3 a.m. and sleeps for six hours. So, he's typically waking up around 9 a.m. each day.
Who is the youngest self-made billionaire in the world?
Brendan Foody, Adarsh Hiremath and Surya Midha are the world's youngest self-made billionaires at just 22 years old. They are the CEO, chief technology officer and chief operating officer (respectively) of an artificial intelligence (AI) recruiting startup, Mercor, which they launched back in 2023.
New Delhi: He doesn't live in a slum or wear tattered clothes. Jerome Kerviel looks like another man walking the streets of Paris. But behind the ordinary appearance lies a financial catastrophe so massive, it shook global markets and earned him the label of "the world's poorest man."
Elon Musk has publicly stated he has Asperger's syndrome, a form of autism spectrum disorder (ASD), which he revealed during his 2021 hosting gig on Saturday Night Live, noting it helps with his intense focus on programming and work. While some speculate about other conditions like PTSD (Post-Traumatic Stress Disorder) due to childhood experiences, the widely acknowledged diagnosis he self-identified with is Asperger's.
Yes, Elon Musk is increasingly on track to become the world's first trillionaire, with recent reports placing his net worth nearing $800 billion, fueled by a reinstated massive Tesla stock option package and potential future SpaceX growth, though analysts note achieving this goal requires meeting ambitious performance targets set by Tesla shareholders.
Encyclopedia Britannica states that he is "widely considered to be the wealthiest person in history". The Catalan Atlas (1375 AD) describes Mansa Musa as 'the richest man in the region', but makes no mention of him being 'the richest in the world' or 'the richest in history'.
After the press conference, Trump turned to Truth Social to address the situation. He repeated that Musk went "CRAZY" about the "EV Mandate", which Musk immediately called a lie. Trump then threatened to cut Musk's government contracts. In response, Musk said that Trump was in the Epstein files.