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new owner of Twitter, Tesla, SpaceX, personality of the year 2021 and of course: the richest man in the world. the fortune of Elon Musk it's a subject in several conversation circles and surely you've asked how this man managed to accumulate so much money in 50 years of life. 4ct2x
Thinking about answering this and more questions about the real sea of money that Musk you have in your bank , we have developed this special article. See all the details right now!
How much are Elon Musk's companies worth? 2e5t3j
April 2022 was marked by another purchase of Elon Musk: Besides the Tesla, SpaceX and other companies that he already owned, the billionaire became the owner of Twitter. purchase was announced on April 25, 2022 for the amount of BRL 214 billionif, with this, the list of companies that are part of Elon Musk's heritage needed to be updated:
- Neuralink: from US$ 500 thousand to US$ 1 billion;
- Solar City: US$ 2.05 billion (R$ 10.13 billion);
- SpaceX: US$ 100 billion (R$ 494.15 billion);
- Starlink: US$ 90 billion (R$ 444.73 billion);
- Tesla: US$ 834 billion (R$ 4121.21 trillion);
- The Boring Company: US$ 5,7 billion (R$ 28.17 billion);
- Twitter: US$ 38 billion (R$ 187.78 billion).
According to Forbes, the current fortune of Elon Musk it was valued at US$ 265.4 billion until the first week of May 2022. In direct conversion to the real, he can be considered a trillionaire in Brazil, as his fortune corresponds to R$ 1.274.24 trillion.
It's important to that all this money doesn't talk about the value of their companies, but about the share of shares that Musk owns. THE Tesla It may even be the most valuable company, but the billionaire owns “only” 17% of the shares.
The top 3 richest people in the world is completed by Bernard Arnault & family (Louis Vuitton CEO) and Jeff Bezos (founder and current CEO of Amazon), with, respectively, US$ 158.5 billion (R$ 783.23 billion) and US$ 153.5 billion (R$ 758.52 billion).
The story of the richest man in the world 5o3y4l
Elon Reeve Musk, born June 28, 1971, is a South African billionaire who was a naturalized American. Son of a South African father and Canadian mother, Elon began to be interested in technology at a very early age and, at age 12, created a video game that was later sold to a magazine focused solely on the computer business.
Musk arrived in the US in 1988 after obtaining a port and visa due to not ing the movement apartheid, who was recruiting young men into the army. He also traveled to the country with the biggest economy in the world to take advantage of economic opportunities.
Musk studied at Queen's universityOn Kingston, in the state of Ontario, but, in 1992, requested a transfer to the philadelphia university, and on Pennsylvania. There, he graduated from the Physics and Economics course in 1997.
Musk arrived to enroll in the postgraduate course in Physics at Stanford University, but changed his decision after 2 days, as he saw more potential on the internet than in activities carried out in the real world. And the world of technology would be completely affected by this decision by the young man who would become the richest man in the world.
Zip2 and PayPal 1kd2p
Despite being a shareholder in several companies at the same time, the love of working together has always been in Musk's blood. THE Zip2 was a company focused on providing maps and directories for online newspapers that was founded together with kimbal musk (Elon's brother) and a friend, Gregory Run.
In practice, it was possible to find physical business addresses through maps, something that, despite being accessible today, was still “in its infancy” in 1995. The company was active for 4 years and, in 1999, it was purchased by US $307 million (R$1.441.76 billion in direct conversion) by the computer manufacturer Compaq, to be used internally. And so the fortune of Elon Musk started to grow.
After moving this investment forward, Elon continued to invest in the technology market and, in 1999, the online bank X.com It was founded. Just a year later, this company was merged with Infinity and started to be called PayPal. The year 2002 was marked by the purchase of this company by the Ebay, which paid the owners $1.5 billion, which also contributed to Elon Musk's fortune.
SpaceX 5k95j
Time went by and Elon Musk he was still fascinated by all this vast outer space. In 2002, the Space Exploration Technologies, which would later become the SpaceX that we all know, was founded. The focus of the launch is valid to this day: to allow the trips to space to be cheaper than what had been achieved by humanity at the time.
Another purpose that led the entrepreneur to open the SpaceX it was the thought that for humanity to survive, it was necessary for it to become interplanetary. The idea is still being worked on and, last year, Musk stated that will send humans to Mars in the next ten years.
The first major project SpaceX it was the Falcon1, which took off for the first time in 2006. Falcon9, still used in missions such as ax-1, was launched into space for the first time in 2010 and the FalconHeavy, which made its first flight in 2018, was able to carry 53.000 kg for a third of the cost that its competitor (the Delta Heavy IV da Boeing Company).
Musk took care of all rocket development projects FalconHeavy, Dragon e Grasshopper as chief designer, in addition to being the company's CEO. THE SpaceX is also responsible for sending the satellites of the Starlink to space.
A SpaceX is one of the most advanced companies in the field of space tourism, as it has already achieved the feat of lowering the price of space travel, despite this being currently only available to billionaires and astronauts.
But the heritage of Elon Musk became a real giant as soon as he invested in a company: the well-known Tesla.
Tesla 2t6l
Another company that has become a reference in the market in which it operates. THE Tesla Motors -which would later become just Tesla— was founded by Martin Eberhard e Marc Tarpenning. Musk was one of the most important funders for the engineers' idea to finally take off. At the moment, Elon is chairman of the board of directors and executive director of the company.
As it is a publicly traded company, the market value rises according to the investment made by its shareholders. By 2022, the company had reached an estimated $100 billion and had become more valuable than names like Ford e General Motors together, without considering the number of sales. The coming years will bring even greater growth for the Tesla, as the electric and autonomous car industry will become even more popular.
Starlink e1u18
Founded in 2015, Starlink is the satellite internet company whose main focus is to deliver high-speed internet to regions further away from large centers and capitals. Currently available in Brazil, the speed varies between 100 and 200 mbps, with an average of 130 mbps.
Until January 2022, the company, with the full of SpaceX, had sent 2042 satellites into space. To date, considering crashes and malfunctions, 1469 satellites were in operation and another 272 were moving into operational orbits.
Starlink has been operating in Brazil since February of this month and the only monthly plan costs R$ 530,00. The costs for the first year of use reach R$ 11 thousand and you can check more details in our special article on how to hire Starlink in Brazil.
Neuralink 156351
Em August 2020, Elon Musk unveiled the world's first brain implant Neuralink which is focused on treating paralysis and motor problems. The idea is still too new to know when we will see this in humans, but the basic concept is to implant a chip with electrodes in the patient's brain. Information about brain activity can be viewed in an app for smartphones. Despite having its first item revealed 2 years ago, the Neuralink was founded in July 2016.
There are still many questions that need to be answered about the Neuralink brain implant and one of the most important is how the device would work with patient privacy. The price of each implant, which already includes the surgery, is still a mystery, but like all technology, it is expected that the value will decrease as more companies start to launch similar products. The idea exists and it seems to work, so we can only hope that time will give the definitive answers and how much it should increase Elon Musk's fortune in the coming years.
The purchase of Twitter 5f5s5a
April 26, 2022 was marked in the tech industry as the date on which Elon Musk became the owner of the blue bird social network. The shareholders accepted the buys 9,2% of Twitter shares for $2.89 billion.
Elon has always been a frequent of Twitter and the more than 90 million followers on this social network alone won't let us lie. Before showing public interest in buying the site, it wasted no time to criticize freedom of expression and actions that did not deliver as many benefits to its s.
He even said that people should be freer to post whatever they want on Twitter, as the social network serves as a large public square. Now that he owns the site, tech experts hope that s will have greater freedom to post content, although it's not clear how that would play out in practice.
When the proposal was announced, Musk also promised that he would act to stop cryptocurrency scams and make Twitter an open-source website focused on being more transparent. These are changes that should emerge as 2022 es. Showmetech has already developed a special article on what could change with the purchase of Twitter by Elon Musk, be sure to check it out.
Tesla's Controversy Over Elon Musk's Estate 1p5w3a
As you noticed, Elon Musk been present in the tech industry from a very young age and this has ensured that he accumulates money by selling his ideas to other companies, but there are also controversies.
In August 2018, the billionaire made a series of tweets about delisting the electric car company from the New York Stock Exchange without affecting profits, saying the money for the financing was more than guaranteed.
The Securities and Exchange Commission of the United States (in English, U.S. Securities and Exchange Commission, usually referred to by the acronym SEC) ed Musk and Tesla itself to know how this amount in question was accumulated. At the time, it was known that the value of US$ 72 billion of Elon Musk's fortune would be destined for such a process.
After a fall in the value of the shares and consequently in the company's profits, it was decided that the company would continue with its public capital, but within three years, the billionaire would have to leave the position of President of the Tesla.
Shareholders turned down the proposed SEC settlement after Musk threaten to resign from the position he himself left, but the billionaire could still be CEO of the electric car manufacturer. Musk currently owns 17% of Tesla (the largest shareholder).
But how much do you earn Elon Musk in an hour, day and year?
Elon Musk Wealth Facts 2m3n67
the equity of Elon Musk It's the biggest in the world and there's no denying that. On a basic , the richest man in the world is assumed to earn the value of US$432 million a day (approximately R$1.997 billion). It was possible to arrive at this value with data from 2020, when Tesla reached its maximum success.
From 2020 to 2021, Elon Musk's fortune increased by $158 million. From 730 to 2021, he earned US$ 2022 million (R$ 121 million) from the Tesla, which represents a 78% increase in your personal . Going further, he is supposed to earn, without much effort, US$ 18 million per hour (R$ 83 million).
With all these accomplishments and good investments that later were essential to his fortune, Elon Musk won the position of 2021 personality of the year, due to all his work for the technology industry.
do you believe that Musk invest in buying more companies? Or do you think he's satisfied with the companies he owns? tell us Comment!
See also other features 565d6d
Understand what could change with the purchase of Twitter by Elon Musk
Sources: Forbes l Austin american-statesman l British
Some is not closing in the paragraph that talks about the estimate according to Forbes. review.