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Elon Musk Net Worth

Elon Musk has a net worth of $12.4 billion. He is a business magnate, engineer, investor, and inventor. He was born Elon Reeve Musk on June 28, 1971 in Pretoria, Transvaal, South Africa. He is a citizen of both the United States and Canada. His mother is a Canadian model and his father is a South African electormechanical engineer; he has a younger brother and sister. He has been married three times, to two women, and has five kids (all five are with his first wife Justine).  Musk graduated from the University of Pennsylvania with a Bachelor Science in physics, and has an economics degree; he would later go to Stanford to get his PhD in applied physics, but dropped out of the program to focus on other things.

Elon Musk Net Worth - $12.4 Billion

Birth Name - Elon Reeve Musk
Date of birth - June 28, 1971
Zodiac Sign - Cancer
Birth Place - Pretoria, Transvaal, South Africa
Nationality - American, Canadian, South African
Height - 6′ 2″
Profession - Aerospace Engineer, Entrepreneur, Film producer, Inventor, Businessperson, Designer, Investor

It is his parents that exposed him to computers and technology at an early age that got him interested in working in this field. It was at the age of twelve that he launched his first piece of software in the form of a game called "Blastar" after he taught himself, at this age, computer programming. He sold this game to a computer magazine for $500.

The bulk of Musk's net worth comes from being a founder, CEO, and architect of many companies. Musk is the co-founder of X.com, PayPal, and Zip2; he has also co-founded Tesla Motors, which he now runs, owns a 32% stake in the company, and is also product architect. It is said that he spends most of his time researching and inventing new things for them, and is a workaholic. His employers view him as a good boss, and his partners see him as reliable; this makes him, no matter big or small, to be great to work for or with. Musk also founded SpaceX and is the chairman of SolarCity (like Tesla Motors, he is also the largest shareholder of this company). With SolarCity, he plans to replace the dependent on fossil fuels with solar energy.

After the sales of Zip2, X.com, and PayPal Musk made a total of $187 million. He used the money he made from the sales to start other companies. His yearly salary is $1, but gets the rest of his yearly income from stocks and bonuses that are based on his personal performance. He took a large pay cut, in 2012 his salary was well over seventy million dollars; making him the highest paid CEO on Earth.

Musk has gotten a lot of acclaim for the way he runs his companies. He won Inc Magazine's Entrepreneur of the Year award for his work at SpaceX and Tesla Motors. He made the Time 100 list of people who most affected the world in 2010. Esquire named him one of the 75 most influential people of the 21st century, and was named one Forbes 20 most powerful CEOs under 40 in 2011. He is the youngest ever to receive the Automotive Executive of the Year (in the world) in 2010 for tech leadership and innovation that he showed by working for Tesla Motors.

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