history | January 09, 2026

Why is Elon Musk so rich? how did Elon Musk make his money

Elon Musk is an entrepreneur, investor, and business magnate who is the founder, CEO, and chief engineer at SpaceX and Tesla.

Why is Elon Musk so rich?

Elon Musk became rich after he started The Boring Company which digs tunnels and neurotechnology startup Neuralink. These two have raked in hundreds of millions of dollars. They are the most recent ventures that are behind Elon Musk’s fortune.

How did Elon Musk make his money?

Elon Musk’s wealth is also mainly due to his shareholdings in the electric car firm, Tesla which he is the CEO of and founded. However, he has ventured into many projects since his career started. From online payment systems, artificial intelligence, transportation above and below space, and more.

Elon Musk net worth

How rich is Elon Musk? How much is Elon Musk worth? What is Elon Musk’s net worth? Is Elon Musk the richest person on earth? Elon Musk has an estimated net worth of around $265.1 billion, making him the richest human being on the planet.

Did Elon Musk grow up rich?

Elon Musk’s family who was based in South Africa was wealthy before Elon was born.

What makes Elon Musk the most money?

Which of Elon Musk’s companies makes him the most money? Elon Musk gets most of his money from his 23% stake in Tesla which constitutes his large fortune.