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How did Elon Musk start making money? Elon Musk began building his fortune by starting the company Zip2. The company was acquired by Compaq in 1999 for $307 million, of which a 27-year-old Musk ...
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman and U.S. special government employee, best known for his key roles in Tesla, Inc. and SpaceX, and his ownership of Twitter. Musk is the wealthiest individual in the world; as of February 2025, Forbes estimates his net worth to be US$397 billion.
Elon Musk made $175.8 million when PayPal was sold to eBay in October 2002. [9] He was first listed on the Forbes Billionaires List in 2012, with a net worth of $2 billion. [4] Musk paid $455 million in taxes on $1.52 billion of income between 2014 and 2018. [10] According to ProPublica, Musk paid no federal income taxes in 2018. [11]
According to the Wall Street Journal, in September 2018, the company's stock fell to its lowest price in a year, around the time that CEO Elon Musk smoked marijuana during a live TV interview. [177] As of December 31, 2019, Musk owns 38,658,670 Tesla shares or 20.8% of the company. [178]
There is one wealthy person who currently stands as the richest person in the world and that is Elon Musk, who, according to Forbes, is worth about $428.7 billion. Many of us might ask ourselves ...
Elon Musk, already the richest man in the world, saw his wealth grow by an astonishing $34 billion in a single day on Thursday, cementing his lead atop the ultrarich rankings.
In March 1999, [15] Musk co-founded X.com, an online financial services and e-mail payment company with $12 million of the money he made from the Compaq acquisition. [16] X.com was one of the first online banks that was federally insured, and over 200,000 customers joined in its initial months of operation.
Elon Musk -- still the world's richest man, with a $243 billion net worth as of July 10, according to the Bloomberg Billionaires Index -- is at the helm of several companies. From Tesla to SpaceX ...