Elon Musk Net Worth

Elon Musk Net Worth (2025): $475 Billion

Elon Musk’s net worth is $475 billion, making him the richest person in the world in 2025. His wealth comes primarily from Tesla and SpaceX, along with other major ventures like The Boring Company and X (formerly Twitter). Musk’s financial journey is one of unparalleled growth, innovation, and volatility.

Elon Musk at a Glance

• Net Worth: $475 Billion
• Salary: $0
• Born: June 28, 1971 (Pretoria, South Africa)
• Age: 54
• Height: 6 ft 2 in (1.88 m)
• Nationality: South African
• Professions: Entrepreneur, Engineer, Investor, Designer, Aerospace Engineer, Film Producer
• Major Companies: Tesla, SpaceX, X.com, Neuralink, The Boring Company, SolarCity

Table of Contents

1. What Is Elon Musk’s Net Worth?
2. Salary & 2018 Compensation Plan
3. Early Life
4. Success & Major Companies
5. Personal Life
6. Real Estate
7. Elon Musk Net Worth History

1. What Is Elon Musk Net Worth?

Elon Musk has a net worth of $475 billion. His wealth makes him the richest person in modern history, surpassing even industrial titan John D. Rockefeller.

In November 2024, his net worth reached $348 billion, breaking his own record. By 2025, it climbed further due to the rising valuations of Tesla and SpaceX.

Where His Wealth Comes From

• Tesla (21% ownership)
  • Owns 412 million shares
  • Holds 304 million stock options
  • Around 58% of his shares are pledged as collateral
• SpaceX (43% ownership)
  • Valued at $180 billion in the latest funding
• The Boring Company
  • Valued at $5 billion
• Twitter/X (79% ownership)
  • Acquired for $44 billion
  • Estimated current valuation: ~$19 billion

He sold $40 billion of Tesla stock in 2022 to fund the Twitter acquisition.

2. Salary and 2018 Compensation Plan

Elon Musk takes no salary as CEO of Tesla.
Instead, he agreed to a massive performance-based compensation plan in 2018.

How the Plan Worked

• Tesla had to grow in market cap by $50 billion increments.
• For each $50B milestone reached and sustained for 3 months, Musk got 1% of Tesla in stock options.
• If Tesla hit $600 billion, he would earn 12% of the company.

Tesla:

• Hit $100B in 2020
• Hit $600B in December 2020
• Reached $1.23 trillion in 2021

This earned Musk ~300 million options worth $55 billion by 2024.

Legal Challenge

In 2024, a Delaware judge ruled the plan was invalid, claiming the board was too favorable to Musk. Tesla will now likely redesign a new compensation package.

3. Early Life

Elon Musk was born in Pretoria, South Africa, on June 28, 1971.
At age 10, he taught himself programming and later sold his first video game, Blaster, at age 12.

Education Journey

• Moved to Canada in 1989
• Studied at Queen’s University
• Transferred to the University of Pennsylvania
  • Degree in Economics
  • Degree in Physics
• Accepted into Stanford’s PhD program
• Dropped out after 2 days to join the internet boom

4. Success and Major Companies

4.1 Zip2 (1995–1999)

• Co-founded with his brother, Kimbal
• Sold to Compaq for $307 million
• Musk received $22 million

4.2 X.com → PayPal

• Founded X.com in 1999
• Became PayPal
• Acquired by eBay in 2002 for $1.5 billion
• Musk received $165 million

4.3 SpaceX (2002–Present)

Founded in 2002 to reduce space transportation costs.
Key achievements:

• NASA contracts
• Falcon 9 reusable rocket
• Crew Dragon missions
• Starship development

SpaceX is now valued at $180 billion.

4.4 Tesla (2004–Present)

Joined as an early investor and board member.
Now the face of the company. Milestones:

• Model S, X, 3, Y
• Roadster
• Cybertruck
• Massive market cap gains

4.5 Hyperloop and Other Ventures

• Proposed Hyperloop, a high-speed tube-based transport system
• Founded The Boring Company
• Created Neuralink, focusing on brain-computer interfaces
• Purchased Twitter (X) in 2022

5. Personal Life

Elon Musk has been married three times.

Major Relationships

• Justine Musk (2000–2008)
  • Five children together
• Talulah Riley (twice)
• Amber Heard (briefly)
• Grimes (2018–2021)
  • Two children

He has 10 children in total.

Controversy:
In 2021, he fathered twins with a Neuralink executive.
Allegedly had an affair with Sergey Brin’s wife (later denied).

6. Real Estate

At one point, Musk owned $100 million+ in real estate across California and Texas.

Notable Properties

• Hillsborough, California:
  • 16,000 sq ft mansion
  • Bought for $23.3 million in 2017
• Bel-Air, Los Angeles:
  • Owned six properties
  • Sold all of them in 2020
• Austin, Texas:
  • Owns multiple homes worth $35 million combined

Musk publicly said he wanted to “own no house”, selling nearly everything in 2020–2021.

7. Elon Musk Net Worth History

Year / Date	Net Worth	Key Events
Jan 2020	$28B	Pre-pandemic valuation
Jul 2020	$80B	Tesla stock surges
Aug 2020	$90B+	Tesla hits $350B valuation
Nov 2020	$100B	Becomes 3rd richest
Nov 2020	$128B	Surpasses Bill Gates
Jan 2021	$195B	Becomes the richest person
Oct 2021	$300B	Tesla + SpaceX valuations jump
Nov 2021	$335B	Tesla hits $1.2T
Dec 2022	$134B	Drops from the richest
End 2023	$210B	Recovery
Nov 2024	$348B	Breaks own record
2025	$475B	Current net worth

Jeff Bezos Net Worth

Jeff Bezos, the founder of Amazon, is one of the richest people in the world. As of 2025, Jeff Bezos’ net worth is estimated to be around $195 billion. Most of his wealth comes from his shares in Amazon, which he started in a small garage in 1994. Over the years, the company grew into a global e-commerce giant. Bezos also owns Blue Origin, a space exploration company, and The Washington Post. His success story inspires students to dream big, work hard, and innovate fearlessly to achieve great things in life.