Elon Musk Net Worth (2025)
Entrepreneur, Engineer, Investor

Net Worth
Wealth Tier: Centi-Billionaire
Net worth over $100 billion - among the richest people in the world
Annual Income
$240 million/year (primarily stock options and performance-based bonuses)
Net Worth Timeline
2020: $25 billion, 2021: $151 billion, 2022: $219 billion, 2023: $180 billion, 2024: $205 billion
Elon Musk's Biography
Elon Musk is a visionary entrepreneur and the driving force behind some of the world's most innovative companies, including Tesla, SpaceX, Neuralink, and The Boring Company. Born on June 28, 1971, in Pretoria, South Africa, Musk holds citizenship in South Africa, Canada, and the United States. He graduated from the University of Pennsylvania with degrees in both economics and physics, setting the stage for a career that would revolutionize multiple industries. Musk is renowned for his relentless pursuit of ambitious goals, from accelerating the world’s transition to sustainable energy through electric vehicles at Tesla, to making space travel more affordable and accessible with SpaceX. Under his leadership, SpaceX became the first private company to send astronauts to the International Space Station. Musk's career began with the successful sale of his first company, Zip2, which provided the capital to co-found PayPal, a major player in online payments. He has frequently courted controversy, particularly on social media, where his tweets have moved markets and sparked debates. Recognized as Time’s Person of the Year in 2021, Musk continues to push the boundaries of technology, working on projects such as brain-computer interfaces and high-speed transportation tunnels. As of 2024, his estimated net worth is $205 billion, making him one of the richest people in the world. Musk remains a polarizing figure, admired for his innovation and criticized for his management style and public statements, but his impact on technology and industry is undeniable. In early 2025, the Trump administration established the Department of Government Efficiency, quickly nicknamed "DOGE," with Elon Musk publicly associated with the initiative. The stated goal of DOGE has been to identify and cut wasteful government spending and improve efficiency. Musk's role has been described in various ways, from a senior advisor to a key figurehead driving the cost-cutting efforts. Throughout the first few months of the year, the DOGE initiative has claimed significant progress in identifying billions of dollars in potential savings through various departmental reviews. However, the department's methods and legal standing have also faced scrutiny and legal challenges. As of April 2025, reports indicate that Elon Musk has stated his intention to significantly reduce the amount of time he is dedicating to the DOGE initiative starting in May, planning to focus more on his primary companies like Tesla.
Fun Fact
Elon Musk made cameo appearances in movies like Iron Man 2 and TV shows such as The Big Bang Theory.
Full Name
Elon Reeve Musk
Nickname
Elon, Elongated Muskrat
Nationality
South African, Canadian, American
Birthday
June 28, 1971
Age
53
Zodiac Sign
Cancer
Height
6'2" (188 cm)
Weight
181 lbs (82.0 kg)
Marital Status
Divorced
Spouse
Talulah Riley (divorced), Justine Musk (divorced)
Children
10
Education
University of Pennsylvania (B.A., B.Sc.)
Famous For
CEO of Tesla and SpaceX, co-founder of PayPal, Neuralink, and OpenAI
First Big Break
Co-founding Zip2, which was sold to Compaq for $307 million in 1999
Social Media
Twitter: @elonmusk, Instagram: @elonmusk
Businesses Owned
Tesla, SpaceX, Neuralink, The Boring Company, X (formerly Twitter), xAI, Starlink
Awards
Time Person of the Year 2021, Axel Springer Award 2020, Royal Aeronautical Society Gold Medal
Category
Business
Controversies
Tweets impacting stock prices, SEC settlements, labor practices at Tesla, acquisition of Twitter, public disputes with media and regulators
Hobbies
Video games, reading, inventing, science fiction
Interests
Space exploration, artificial intelligence, renewable energy, technology, engineering
Quote
"When something is important enough, you do it even if the odds are not in your favor."