Published 16:31 IST, August 22nd 2020

A look at how Elon Musk, CEO of Tesla & SpaceX spends his $90 billion net worth; check out

Elon Musk has been one of the most powerful and richest men on the planet. He is the 7the richest man on the Forbes list. Read to know other details about him

Reported by: Sahil Mirani
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Elon Musk is one of most talked-about techlogy entrepreneurs and owner of Tesla and X. His estimated total net worth is around 90 billion USD and is listed by Forbes as 7th-richest person in world. But a number of fans want to kw about how this billionaire spends his money. Read more to kw about Elon Musk.

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Elon Musk Net worth

  • As per Forbes, Elon Musk's net worth is 91.37 Billion USD

Reportedly, Elon Musk is a total workaholic and spends most of his time at work or at one of his four Los Angeles mansions. Musk also signed Giving Pledge in 2012 that made him vow to donate majority of his wealth during his lifetime.  Even though his main focus is on improving environment and future, he has still mand to make huge amounts of donations.

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Elon Musk has always donated for causes he cared about and also had gifted a whopping amount of $10 million to Future of Life Institute in order to regulate artificial intelligence.

Elion Musk's love for cars can be see through his collection of cars including Teslas, Lotus Esprit submarine car, Ford Model T and a Jaguar E-Type Series 1 Roadster. He also has a 1.67-acre estate which is worth about $17 million. He has built a 20,248-square-foot mansion that is included with a two-story library, a home atre, a gym, and 1,000-bottle wine cellar.

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After taking an exit from Paypal, Elon mainly focused on developing Tesla and X. In 2008, after boom of his company, he made a fortune and by 2010, he debuted on Forbes' richest list. 

Also Read | Elon Musk Goes Past Mukesh Ambani, Becomes World's Fourth-richest Person

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Elon Musk has also been given a ranking of 25 on Forbes list of World's Most Powerful People. Currently, he is aiming to successfully build a high-speed transportation system kwn as Hyperloop. He has envisioned transportation facility and has been dedicated in developing it.

main objectives of his companies are reducing global warming through sustainable energy production and consumption and reducing risk of human extinction by setting up a human colony on Mars. He has also mentioned multiple times that main goal of all his companies, X, Tesla and SolarCity is to be dedicated around his vision and "change world and help humanity". 

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Also Read | Elon Musk Shares Video Of X Team Recovering Rocket Fairing From Sea, Netizens Amazed

Also Read | Elon Musk's X Recovers Falcon 9 Rocket Fairing From With A Giant Net; Watch

 

Disclaimer:  above net worth information is sourced from various websites/media reports. This website does t guarantee 100% accuracy of net worth figures.

16:31 IST, August 22nd 2020