Elon Musk makes $813 every second, which translates to $22,500 per minute, $2,926,587 per hour, $70,238,095 per day, $491,670,000 per week, and $1,966,670,000 per month. All these put together culminate in an annual revenue of $23,600,000,000 for the Chief Executive Officer of SpaceX. Tesla Inc, X.com, and more
Elon Musk Currently Makes $813 Per Second
A few years ago, Elon Musk was reportedly raking in $375 per second, which translates to $22,500 per minute. However, the latest estimation of his per-second earnings reveals that the world’s richest man now makes over $813 per second, and when you calculate his per-minute revenue, it would come to $48,776.
This means that the South African-Canadian entrepreneur would be earning $2,926,587 per hour, $70,238,095 per day, $491,670,000 per week, and $1,966,670,000 per month. All these culminate in an annual income of $23,600,000,000.
Elon Musk’s Net Worth
Elon Musk’s net worth as at the latest review, is a jaw-dropping $236 billion. The businessman’s fortune accrued from his investments in the business world, especially Tesla and SpaceX.
Elon Musk has almost 300 billion net worth. He could give every American $1 billion dollars but instead he wants to buy Twitter.
— Chef Andrew Gruel (@ChefGruel) April 15, 2022
Tesla Inc. (TSLA)
Musk joined the electric car venture Tesla Motors in 2004 as an investor, helping engineer Martin Eberhard in its day-to-day operations. A few years down the line, he was made the product architect as well as the company’s Chief Executive Officer.
Today, Tesla has become the most valuable automaker on a global scale and in the solar energy space. It goes without saying that its success positively impacts Musk’s bottom line.
SpaceX was founded by Musk in 2002 after he invested $100 million in building a specialized spacecraft that transports humans to space, which has revolutionized space technology.
Currently, SpaceX’s biggest client is NASA, which has awarded it a couple of lucrative contracts; the first deal was in 2006 to produce SpaceX’s Dragon that traveled to the International Space Station (ISS), though the amount involved is not known. The second contract came in 2021 and was worth $2.9 billion.
X.com is one of Elon Musk’s groundbreaking ventures. He founded X.com from the proceeds he got from selling Zip2 to Compaq Computer Corporation in 1999. Musk reportedly received $341 million, which was more than enough to create the fintech venture X.com, which merged with Confinity (a money transfer firm) to form PayPal.
The Boring Company
The year 2016 was when Elon Musk founded The Boring Company, which develops and constructs underground tunnels in a bid to mitigate traffic.
On April 25th, 2022, Musk reportedly purchased Twitter for $44 billion. However, the drama started when the entrepreneur decided to abandon the deal after discovering a lot of fake accounts. This led to numerous altercations, including lawsuits and counter-lawsuits.
JUST IN: Elon Musk will file a countersuit against Twitter in the coming days, the NYPost reports.
— Watcher.Guru (@WatcherGuru) July 18, 2022
Elon Musk’s Net Worth Compared to Other World’s Richest Men
|No.||World’s Richest Men||Net Worth||Per Second Earnings|
|1.||Elon Musk||$236 billion||$813|
|2.||Bernard Arnault||$172.9 billion||$596|
|3.||Jeff Bezos||$127.6 billion||$440|
|4.||Warren Buffet||$56.8 billion||$196|
Elon Musk is still the World’s Richest Man
With his net worth of $236 billion, Musk remains the richest man in the whole world. In 2022, he lost this spot to Bernard Arnault – a French luxury brand mogul. This happened when he lost almost $200 billion to get into second place. However, Tesla’s stock price recovery came to his rescue at the beginning of 2023 and restored him to the World’s Richest Individual.
How Much Does Elon Musk Make in a Second?
Elon Musk’s per second income is said to be $813; this figure is likely to change with the passage of time.
How Much Does Elon Musk Earn Per Minute?
In recent times, Musk was estimated to be raking in a total of $48,776 every minute.
How Much Does Elon Make in 1 Year?
The Canadian businessman generates a lot of funds on an annual basis; the last time his yearly remuneration was reviewed, it came to $23,600,000,000.
Is Elon Musk Still The Richest Man in the World Right Now?
Yes, Elon Musk is still the richest man on a global scale, with a net worth calculated in excess of $236 billion.