L PROFILE

Elon Musk

CEO, Tesla

$370.7B

Real Time Net Worth
as of 04/15/25

#1 in the world today

From the Editor

Elon Musk cofounded seven companies, including electric car maker Tesla, rocket producer SpaceX and artificial intelligence startup xAI.
He owns about 12% of Tesla excluding options, but has pledged more than half his shares as collateral for personal loans of up to $3.5 billion.
In early 2024, a Delaware judge voided Musk's 2018 deal to receive options equaling an additional 9% of Tesla. Forbes has discounted the options by 50% pending Musk's appeal.
SpaceX, founded in 2002, is worth $350 billion based on a private share sale during December 2024. Musk owns an estimated 42% stake.
Musk bought Twitter in a $44 billion (enterprise value) deal during 2022. Forbes estimates that the social media company, which he renamed X, is worth nearly 70% less as of August 2024.
Musk owns an estimated 54% of xAI, which he founded in 2023. Private investors valued the company at a reported $50 billion in November 2024.

Personal Stats

Age 53

Source of Wealth Tesla, SpaceX, Self Made

Self-Made Score 8

Philanthropy Score 3

Residence Austin, Texas

Citizenship United States

Marital Status Divorced

Education Bachelor of Arts/Science, University of Pennsylvania

Children 14

Milestones

1971 Elon Musk is born in Pretoria, South Africa.

1981 Buys first computer at age 10.

1983 Creates and sells his first commercial software game, Blastar.

1999 Develops an online payment system called X.com.

2000 Merges X.com with PayPal's parent company, Cofinity.

2002 PayPal acquired by eBay for $1.5 billion.

2002 Establishes SpaceX in a former airplane hangar near LAX.

2003 Begins designing the all-electric Tesla Roadster.

2008 SpaceX delivers its first satellite into space.

2010 Tesla Motors begins trading on the NASDAQ stock exchange.

2022 Purchases social-media company Twitter Inc for $44 billion.

2024 Neuralink says first human has received its brain implant.

2024 SpaceX successfully captures Super Heavy rocket booster.

2024 Musk is tapped to lead Department of Government Efficiency.

“When something is important enough you do it even when the odds are against you” - Elon Musk

He has appeared in several movies and TV shows, including Iron Man 2, The Big Bang Theory, and South Park.