Who is Elon Musk and what is his net worth? – Yahoo! Voices
It seems like not a day goes by without billionaire Elon Musk making headlines.
The boss of X (formerly Twitter), Tesla and SpaceX is the world's richest person and uses his platform to make his views known on a vast array of topics.
He is currently in the UK for a global summit on artificial intelligence.
Ahead of the event he said he thought AI could lead to humanity's extinction - without giving any detail on how he believed that could actually happen.
Since bursting on to the Silicon Valley scene more than two decades ago, the 52-year-old serial entrepreneur has kept the public captivated with his business antics.
Born in Pretoria, South Africa, Mr Musk showed his talents for entrepreneurship early, going door-to-door with his brother selling homemade chocolate Easter eggs and developing his first computer game at the age of 12.
He has described his childhood as difficult, affected by his parents' divorce, bullying at school and his own difficulty picking up on social cues because of Asperger's Syndrome. At the earliest opportunity, he left home for college, moving to Canada and then the US, where he studied economics and physics at the University of Pennsylvania, an Ivy League college.
In a 2010 essay for Marie Claire, his first wife, Justine Musk, a writer whom he met in college and married in 2000, wrote that even before making his millions Mr Musk was "not a man who takes no for an answer".
"The will to compete and dominate, that made him so successful in business, did not magically shut off when he came home," she recalled, adding that he told her while dancing at their wedding, "I am the alpha in this relationship."
After being accepted to a physics graduate degree programme at Stanford University, Mr Musk quickly dropped out and founded two technology start-ups during the "dotcom boom" of the 1990s. These included a web software firm and an online banking company that eventually became PayPal, which was sold to eBay in 2002 for $1.5bn.
He ploughed his fortune into a new rocket company, SpaceX - which he aimed to make a cost-effective alternative to Nasa - and a new electric car company, Tesla, where he chaired the board until becoming chief executive in 2008.
The two firms are credited with upending their industries, even as they sometimes veered close to financial collapse.
More recent business ventures include his takeover of social media platform Twitter in October 2022.
Since then he has dramatically reduced the size of its workforce including, controversially, cuts to teams responsible for keeping the platform safe; rebranded the company as X; and introduced new premium subscriptions so that the business does not rely on advertising alone for income.
Mr Musk's long-term ambition is for X to become an "everything app" offering a range of services. However, so far the value of the firm has plunged from the $44bn he originally paid to just $19bn, according to reports.
He also has ambitions in the AI sector, being an early investor in ChatGPT's parent company, before parting ways and setting up his own company xAI in July, whose mission is "to understand the true nature of the universe".
"I'm never hugely convinced that he knows what he wants to do tomorrow," says journalist Chris Stokel-Walker. "He very much leads by instinct."
In a 2015 biography, author Ashlee Vance described Mr Musk as "a confrontational know-it-all" with an "abundant ego". But he also called him an awkward dancer and diffident public speaker.
Divorced three times - twice from the same woman, British actress Talulah Riley - Mr Musk is frank about his vices, regularly discussing his fondness for marijuana.
In the press, he's been dubbed both a mad genius and Twitter's biggest troll - known as much for his lofty ambitions as his petty fights, not to mention the more serious lawsuits he and his companies have faced from regulators, investors and others over issues such as racial discrimination and the trustworthiness of his claims.
"If you list my sins, I sound like the worst person on Earth," Mr Musk said in a TED interview last year. "But if you put those against the things I've done right, it makes much more sense."
All those contradictions appear to be part of his appeal - and it certainly hasn't stopped him from amassing a fortune.
Bloomberg and Forbes rank him as the world's richest person, estimating his net worth to be between $198bn (162bn) and $220bn (180bn), as of November 2023.
That's based largely on the value of his shares in Tesla, of which he owns more than 13%. The company's stock soared in value - some say unreasonably - in 2020 as the firm's output increased and it started to deliver regular profits.
The shares plunged at the end of last year, with some blaming the distraction of the Twitter takeover for the fall, though they have since recovered ground.
Mr Musk also champions digital currencies and has a hand in several other smaller companies, including tunnel-maker the Boring Company and experimental brain-computer start-up Neuralink.
Mr Musk, who wears the mantle of a workaholic proudly, has often said he's not in business simply to make money - claims he repeated recently with regard to his Twitter takeover.
"Elon only gets involved with things if he feels that they're critically important for some reason... for the sake of society or humanity," says friend and Tesla investor Ross Gerber.
Mr Musk, who became a US citizen in 2002, has resisted efforts to label his politics - calling himself "half-Democrat, half-Republican", "politically moderate" and "independent".
That doesn't mean he's shied away from political debate.
He has injected himself into some of the world's hottest geopolitical fights - suggesting that China should establish a "special administrative zone" in Taiwan, and proposing terms to resolve the war in Ukraine that were adamantly rejected by many of the country's top leaders.
While Mr Musk provided his Starlink satellite internet service to Ukraine, he has also attracted criticism for refusing an emergency request from Kyiv to activate Starlink in Sevastopol, home to a major Russian navy port.
In the US, he moved to Texas, complaining of California's regulations and high taxes; has clashed with union organisers; and, in the spring of 2020, decried coronavirus lockdowns as "fascist".
He was one of the first business executives to part ways with former President Donald Trump, quitting a White House business council after Mr Trump withdrew the US from a global climate agreement.
But he's also made it clear he's not a fan of President Joe Biden, whom he sees as snubbing Tesla while promoting electric vehicles.
He has said that he sees his businesses as a form of philanthropy, because they are focused on solving major human issues, such as climate change in the case of Tesla.
And despite his own interest in artificial intelligence, he has also been one of the most prominent figures worried about the supposed threat to humanity's future that super-intelligent AIs might pose.
He has claimed that the rise of artificial intelligence, combined with a declining birth rate, could result in "not enough people" being in the world.
Here, you can't accuse him of not doing his part.
Mr Musk has had 11 children - six with his first wife, three with Canadian singer Grimes, and two with Shivon Zilis.
Following the birth of his twins with Ms Zilis, he tweeted: "Doing my best to help the underpopulation crisis."
Additional reporting by Liv McMahon
See original here:
Who is Elon Musk and what is his net worth? - Yahoo! Voices
- Nvidia CEO Jensen Huang hand-delivers smallest supercomputer to Elon Musk; but he isnt the first to re - Times of India - October 15th, 2025 [October 15th, 2025]
- Elon Musk finally speaks on Bitcoin after Teslas major dump over energy concerns - Yahoo Finance - October 15th, 2025 [October 15th, 2025]
- I advised Tesla's Special Committee on Elon Musk's historic incentive compensation package. Most critics are missing the point - Fortune - October 15th, 2025 [October 15th, 2025]
- Marc Andreessen Backs Call For Elon Musk To Spearhead $10 Trillion US Re-Industrialization Plan: 'This Is The Way' - Yahoo Finance - October 15th, 2025 [October 15th, 2025]
- Elon Musk takes a BIG U-turn on Bitcoin, says: That is why Bitcoin is ... - Times of India - October 15th, 2025 [October 15th, 2025]
- Peter Thiel says he warned Elon Musk to ditch donating to The Giving Pledge because Bill Gates will give his wealth away to left-wing nonprofits -... - October 15th, 2025 [October 15th, 2025]
- New report reveals stunning impact of Elon Musk's actions on Tesla here's the latest - Yahoo Finance - October 15th, 2025 [October 15th, 2025]
- Elon Musk Ties Bitcoin to Energy and AI as Crypto Market Slips - TipRanks - October 15th, 2025 [October 15th, 2025]
- Elon Musk Says Bitcoin Has Energy: 'You Can Issue Fake Fiat...But It Is Impossible To Fake Energy' - Yahoo Finance - October 15th, 2025 [October 15th, 2025]
- Elon Musk Says Bitcoin Is Based on Energy, Which Is Impossible to Fake - Bitcoin.com News - October 15th, 2025 [October 15th, 2025]
- Elon Musk Calls Bitcoin Energy-Based Protection Against Fiat Currency Inflation - CoinCentral - October 15th, 2025 [October 15th, 2025]
- Warning issued to humanity over Elon Musk's billion-dollar company threatening life on Earth - Daily Mail - October 15th, 2025 [October 15th, 2025]
- Elon Musk's SpaceX faces backlash over fiery satellites plummeting to Earth: 'We can't keep using the ground as a dumpster' - Yahoo - October 15th, 2025 [October 15th, 2025]
- Elon Musk Reverses Stance On Bitcoin, Says It Is Impossible To Fake Energy - NDTV Profit - October 15th, 2025 [October 15th, 2025]
- Elon Musk Allegedly Lies About Rage Against The Machine - Alternative Nation - October 15th, 2025 [October 15th, 2025]
- Elon Musk Calls Bitcoin Energy Money, Says Its Impossible to Fake Unlike Fiat New ATH Coming? - Cryptonews - October 15th, 2025 [October 15th, 2025]
- After dumping it for Texas, Elon Musk quietly expanding in the Bay Area again - Yahoo Finance - October 15th, 2025 [October 15th, 2025]
- Elon Musk Says Bitcoin Is Based on Energy and Impossible To Fake - CCN.com - October 15th, 2025 [October 15th, 2025]
- Elon Musk Change EXPOSES Massive Tech Shift Toward The Right Over This - TYT.com - October 15th, 2025 [October 15th, 2025]
- Elon Musk demands Trump send US troops to San Francisco for war on drugs: Its the only solution - Yahoo News Singapore - October 15th, 2025 [October 15th, 2025]
- Elon Musk backs Salesforce CEO Marc Benioffs call to deploy troops in San Francisco; says Nothing has - Times of India - October 15th, 2025 [October 15th, 2025]
- Is Elon Musk Getting Interested in Bitcoin Again as He Says It Is Impossible to Fake Energy? - TipRanks - October 15th, 2025 [October 15th, 2025]
- Elon Musk rumored to threaten $40 million Super Bowl deal over Bad Bunny halftime show heres whats re - The Times of India - October 13th, 2025 [October 13th, 2025]
- Elon Musk vs. The Regulators - The Wealth Advisor - October 13th, 2025 [October 13th, 2025]
- Elon Musk sparks backlash after alarming trend surfaces over data center: 'Glad they're bringing attention to the issue' - yahoo.com - October 13th, 2025 [October 13th, 2025]
- Netflix Expected a KPop Rally. Elon Musk and Tariffs Got In the Way - Yahoo Finance - October 13th, 2025 [October 13th, 2025]
- Peter Thiel Reportedly Warned Elon Musk To Rethink Donating His Wealth: 'Much Worse To Give It To Bill Gates' - Yahoo Finance - October 13th, 2025 [October 13th, 2025]
- Elon Musk's SpaceX Eyes $100 Million-Per-Ton Mars Cargo Missions By 2030 As 11th Starship Launch Approaches - Benzinga - October 13th, 2025 [October 13th, 2025]
- Elon Musk May Still Reap Billions From Tesla's Trillion-Dollar Pay Package Even Without Meeting Goals: Report - Yahoo Finance - October 13th, 2025 [October 13th, 2025]
- Elon Musk is proof that money really cant buy you happiness - The Sydney Morning Herald - October 13th, 2025 [October 13th, 2025]
- Rohit Sharma buys Tesla Model Y with unique number plate; Elon Musk reacts - The Times of India - October 13th, 2025 [October 13th, 2025]
- Exclusive: Peter Thiel in talk on 'Antichrist' says he told Elon Musk not to give wealth to charity - Reuters - October 11th, 2025 [October 11th, 2025]
- Elon Musk agrees to settle with fired Twitter execs over severance dispute - CNN - October 11th, 2025 [October 11th, 2025]
- When PayPal founder Peter Thiel told Elon Musk: Don't give your wealth to Bill Gates, he is ... - Times of India - October 11th, 2025 [October 11th, 2025]
- Elon Musk Comes Crawling Back to the Bay Area, Seeking New Office Space for Neuralink and xAI - SFist - October 11th, 2025 [October 11th, 2025]
- Why its inevitable that Elon Musk will be a trillionaire - Fox News - October 11th, 2025 [October 11th, 2025]
- Apple beats out Elon Musk to make an AI-based acquisition - PhoneArena - October 11th, 2025 [October 11th, 2025]
- Tesla doesn't usually advertise its cars, but it's spending on ads to promote Elon Musk's $1 trillion pay package - Business Insider - October 11th, 2025 [October 11th, 2025]
- Elon Musk's surprising response after being asked why he's still working with $500,000,000,000 net worth - UNILAD - October 11th, 2025 [October 11th, 2025]
- Jensen Huang's $2B Investment in Elon Musk: NVIDIA Builds AI Capital Empire in Just One Month - 36Kr - October 11th, 2025 [October 11th, 2025]
- Starship Super Heavy launch on October 14: What is Elon Musk trying to achieve? - India Today - October 11th, 2025 [October 11th, 2025]
- Elon Musk Should Pay the Same Social Security Tax That You Do - CounterPunch.org - October 11th, 2025 [October 11th, 2025]
- Elon Musk Just Locked In $20 Billion for AI--And Nvidia's All In - Yahoo Finance - October 11th, 2025 [October 11th, 2025]
- Elon Musk's wealth soars past $300 billion as Tesla shares climb on the back of Trump's election win - AOL.com - October 11th, 2025 [October 11th, 2025]
- Elon Musk proposes an 'AI energy' solution: nighttime energy storage and daytime discharge for the grid, which could double American Electric Power's... - October 11th, 2025 [October 11th, 2025]
- Elon Musk Set to Pocket Tens of Billions Even if He Blows His Tesla Targets - The Daily Beast - October 11th, 2025 [October 11th, 2025]
- Elon Musk's Boring Company accused of nearly 800 violations on underground tunnel project: 'Two $5,000 violations per permit' - The Cool Down - October 11th, 2025 [October 11th, 2025]
- Elon Musk Confirms The Priority At Tesla Has Shifted From The $25,000 Vehicle to the Cybercab - Torque News - October 11th, 2025 [October 11th, 2025]
- Elon Musk to settle $128 million lawsuit with former Twitter executives - The American Bazaar - October 11th, 2025 [October 11th, 2025]
- Peter Thiel Reportedly Warned Elon Musk To Rethink Donating His Wealth: 'Much Worse To Give It To Bill Gates' - Benzinga - October 11th, 2025 [October 11th, 2025]
- Zohran Mamdani says he and Elon Musk agree on 1 key goal - Business Insider - October 9th, 2025 [October 9th, 2025]
- Russ Vought Is Going to Damage Trump Even More Than Elon Musk Did - The New Republic - October 9th, 2025 [October 9th, 2025]
- Jane Goodall Recorded a Message About Elon Musk Before Her Death, and Now It's Been Released - Futurism - October 9th, 2025 [October 9th, 2025]
- Elon Musk and X settle lawsuit with former Twitter executives - NonStop Local KHQ - October 9th, 2025 [October 9th, 2025]
- Elon Musk Just Locked In $20 Billion for AI--And Nvidia's All In - Yahoo - October 9th, 2025 [October 9th, 2025]
- Elon Musk and X settle lawsuit with former Twitter executives | Northwest & National News | nbcrightnow.com - KNDU - October 9th, 2025 [October 9th, 2025]
- Elon Musk will settle $128M lawsuit with former Twitter execs - TechCrunch - October 9th, 2025 [October 9th, 2025]
- Elon Musk's space city gets more control over Texas coastline - San Antonio Express-News - October 9th, 2025 [October 9th, 2025]
- Elon Musk settles with fired Twitter execs for undisclosed sum - The Hindu - October 9th, 2025 [October 9th, 2025]
- Elon Musk and former Twitter execs agree to settle $128 million lawsuit - Engadget - October 9th, 2025 [October 9th, 2025]
- Zohran Mamdani says he and Elon Musk agree on 1 key goal - MSN - October 9th, 2025 [October 9th, 2025]
- Send Elon Musk, Donald Trump and Netanyahu to space in a, said conservation activist Jane Goodall in h - Times of India - October 9th, 2025 [October 9th, 2025]
- Elon Musk's X Settles With Parag Agrawal, Ex-Twitter Executives Over $128 Million Severance Lawsuit - Benzinga - October 9th, 2025 [October 9th, 2025]
- Elon Musk reaches settlement with fired Twitter executives over multi-million dollar severance dispute - The Independent - October 9th, 2025 [October 9th, 2025]
- Elon Musk's New Trillion - Dollar Bet: What Turned Tesla into a "Tin Shack"? - 36Kr - October 9th, 2025 [October 9th, 2025]
- Daily Digest: Elon Musk settles with former Twitter execs, Oakland police chief to step down - The Business Journals - October 9th, 2025 [October 9th, 2025]
- Elon Musk's AI-fuelled fever dream gets even hotter as he promises his AI game studio is going to release a 'great' game before the end of 2026 - PC... - October 9th, 2025 [October 9th, 2025]
- Nvidia reportedly signs another blockbuster AI supply deal, this time with Elon Musk's xAI investment will support $20 billion Colossus 2 Memphis... - October 9th, 2025 [October 9th, 2025]
- Elon Musk Loves Meme Coins, but Should You Invest in Them? - MSN - October 9th, 2025 [October 9th, 2025]
- Jensen Huang Wishes Nvidia Gave Elon Musk More Money For xAI: 'Want To Be Part Of' Everything He Does - Benzinga - October 9th, 2025 [October 9th, 2025]
- Elon Musk Promises His xAI Studio Will Release a 'Great' AI-Generated Video Game and Grok Will Make a Movie That Is 'At Least Watchable' Both Before... - October 9th, 2025 [October 9th, 2025]
- xAI, Elon Musk AI startup, to raise $20 billion after Nvidia boost funding round | Business News - Hindustan Times - October 9th, 2025 [October 9th, 2025]
- Elon Musk buys $1 billion in Tesla stock ahead of his record-breaking $1 trillion pay package - Le Ravi - October 9th, 2025 [October 9th, 2025]
- Elon Musk sets ambitious AI goals: xAI to release a great AI-generated game and Grok Imagine to produce - Times of India - October 9th, 2025 [October 9th, 2025]
- Elon Musk's xAI upsizes funding round to get $20B, anchored by Nvidia equity investment - report - Seeking Alpha - October 9th, 2025 [October 9th, 2025]
- Elon Musk Questions OpenAI's 'Nonprofit' Status After $500 Billion Valuation, Nvidia's $100 Billion Deal And AMD Stake - Benzinga - October 9th, 2025 [October 9th, 2025]
- Elon Musk appoints former Morgan Stanley executive as CFO of xAI and X: FT (NASDAQ:TSLA) - Seeking Alpha - October 7th, 2025 [October 7th, 2025]
- Elon Musk Just Spent $1 Billion on Tesla Stock: Heres What This Means for Investors - Yahoo Finance - October 7th, 2025 [October 7th, 2025]
- A Slippery SlopeA Fable About a Liar (ADL) and a Snake (Elon Musk) - The Times of Israel - October 7th, 2025 [October 7th, 2025]
- This Texas city wants tunnels to connect its trails. Its asking Elon Musk for help. - Texas Standard - October 7th, 2025 [October 7th, 2025]