Billionaire Profile
Elon Musk
Global Rank
#1

Image: Justin Pacheco | Public domain | via Wikimedia Commons

Elon Musk

CEO, Tesla
UNITED STATES
Real-Time Net Worth
$841.104B
Estimated based on Tesla stock value as of February 5, 2026
-1.34% (24h)
Age
54
Source
Tesla, SpaceX
Industry
automotive
Citizenship
UNITED STATES

Biography

Elon Reeve Musk, born June 28, 1971, is a South African-born American entrepreneur. He is best known as the CEO of Tesla, SpaceX, and xAI. As of January 2026, his estimated net worth is $788 billion, making him the wealthiest person in the world. Musk's wealth stems primarily from his ownership stakes in Tesla and SpaceX. His career includes co-founding PayPal and leading innovations in electric vehicles, space exploration, and artificial intelligence. Musk's achievements include revolutionizing the electric vehicle market with Tesla, developing reusable rockets with SpaceX, and making significant strides in AI through xAI. He served as Senior Advisor to the President and the de facto head of the Department of Government Efficiency (DOGE).

Fact Checked
Verified by Editorial Team
Live Data
Updated 2/5/2026

Wealth Over Time

In-Depth Profile

Early Life

Elon Reeve Musk was born on June 28, 1971, in Pretoria, South Africa. He showed an early interest in computers and entrepreneurship, teaching himself programming at age 12 and selling a video game called Blastar for $500. In 1988, he emigrated to Canada and later obtained a U.S. citizenship in 2002.

Rise to Success

Musk's career began with the founding of Zip2, a company that provided maps and business directories to online newspapers, which he sold in 1999 for $307 million. He then co-founded X.com, an online financial services company, which later became PayPal. After PayPal was acquired by eBay in 2002 for $1.5 billion, Musk received $176 million. In 2002, he founded SpaceX. Musk became an early investor in Tesla in 2004 and became its CEO and product architect in 2008. In 2022, Musk acquired the social media platform Twitter, which was later rebranded as X.

Key Business Strategies

Musk's business strategies include a focus on vertical integration, technological innovation, and a willingness to take on ambitious projects. He has pursued aggressive goals in electric vehicles (Tesla), space exploration (SpaceX), and artificial intelligence (xAI). Musk's approach involves a strong emphasis on first principles thinking and a drive to disrupt established industries. He is known for his hands-on approach and his active presence on social media.

Philanthropy

Musk's philanthropic efforts are channeled through the Musk Foundation, which focuses on initiatives in education, technology, and the environment.

Career Milestones

1995

Co-founded Zip2

Provided maps and business directories to online newspapers.

1999

Co-founded X.com (later PayPal)

An online financial services company.

2002

Founded SpaceX

Space exploration technologies company.

2004

Joined Tesla

Became an early investor in Tesla Motors.

2008

Became CEO of Tesla

Assumed the role of CEO and product architect at Tesla.

2016

Co-founded Neuralink

Neurotechnology company.

2017

Founded The Boring Company

Tunneling company.

2022

Acquired Twitter (X)

Acquired the social media platform Twitter and rebranded it as X.

2025

Senior Advisor to the President

Served as Senior Advisor to the President and de facto head of the Department of Government Efficiency (DOGE).

Philanthropy & Social Impact

Education, Technology, Environment

Musk Foundation

Undisclosed

Supports initiatives in education, technology, and the environment.

Business Philosophy & Leadership

Notable Quotes

"I operate on the physics approach to analysis. You boil things down to the first principles or fundamental truths in a particular area and then you reason up from there."

Leadership Principles

First Principles Thinking

Break down problems to their fundamental truths and reason up from there.

Focus on Innovation

Emphasizing technological advancement and ambitious goals.

Vertical Integration

Controlling multiple aspects of the business to streamline operations and reduce costs.

Controversies & Challenges

2018

Tesla Pay Package Lawsuit

A Delaware judge invalidated Musk's $55 billion pay package from Tesla.

2024

Political Activities and DOGE

His role in the second Trump administration and his political activities attracted public backlash.

2022

Twitter Acquisition

Controversy surrounding the acquisition of Twitter, and an increase in hate speech and misinformation on the platform.

Ongoing

COVID-19 Misinformation and Controversial Statements

Criticized for spreading misinformation, promoting conspiracy theories, and making controversial statements.

Latest News & Analysis

Cosmic Clash: Matt Garman's AWS vs. Elon Musk's Space Data Dream – A Tech Titan's Takedown
Analysis2/4/2026

Cosmic Clash: Matt Garman's AWS vs. Elon Musk's Space Data Dream – A Tech Titan's Takedown

Matt Garman, the stoic CEO of Amazon Web Services, has thrown down the gauntlet, dismissing Elon Musk's ambitious space data center plan as 'impractical' and 'premature'. This isn't just a corporate squabble; it's a cold war brewing in the clouds, with billions of dollars and the future of data at stake. The outcome? A seismic shift in the tech landscape, promising both unprecedented innovation and potentially crippling disruptions.

Read Story
Musk's Next Act: Is the World's Most Audacious CEO Really the 'Best Person' to Lead?
Analysis2/3/2026

Musk's Next Act: Is the World's Most Audacious CEO Really the 'Best Person' to Lead?

The pronouncements of CEOs are often self-serving, but this one cuts deeper. This story dissects the latest declaration of Elon Musk's unparalleled suitability, peeling back the layers of ambition, ego, and the cold, hard realities of the industries he's remaking. Prepare for a deep dive into the strategic chess game Musk is playing, and the potential implications for the future.

Read Story
Musk's 'Best Person' Crown: A Kingdom Built on Smoke and Mirrors, or the Dawn of a New Empire?
Analysis2/3/2026

Musk's 'Best Person' Crown: A Kingdom Built on Smoke and Mirrors, or the Dawn of a New Empire?

The proclamation, delivered with characteristic bravado, that Elon Musk is the 'best person in the world' to undertake [unspecified venture, per the prompt] is more than just bluster. It's a calculated move in a high-stakes game. This article dissects the strategic implications, the potential pitfalls, and the profound, industry-reshaping consequences of Musk's latest gambit. Buckle up, because the ride is about to get very interesting.

Read Story
Musk's $1.25 Trillion Gambit: SpaceX Devours xAI, Reshaping the Cosmos of Tech and Finance
Analysis2/3/2026

Musk's $1.25 Trillion Gambit: SpaceX Devours xAI, Reshaping the Cosmos of Tech and Finance

In a move that sends shockwaves through Silicon Valley and beyond, SpaceX has acquired xAI in a deal valuing the combined entity at a staggering $1.25 trillion. This unprecedented consolidation, just ahead of SpaceX's highly anticipated IPO, signals Elon Musk's relentless ambition to dominate not just space, but the very future of artificial intelligence. This is not just a merger; it's a declaration of war on the established order.

Read Story
SpaceX's $1.25 Trillion Gambit: Musk Consolidates Power, Redefines the Future, and Shakes the Foundations of Tech
Analysis2/3/2026

SpaceX's $1.25 Trillion Gambit: Musk Consolidates Power, Redefines the Future, and Shakes the Foundations of Tech

Elon Musk has pulled off the impossible. SpaceX has acquired xAI in a deal of unprecedented scale, valued at a staggering $1.25 trillion, just ahead of a highly anticipated IPO. This audacious move cements Musk's control over the future of both space exploration and artificial intelligence, redrawing the boundaries of technological innovation and corporate power in ways we are only beginning to comprehend.

Read Story
Musk's $1.25 Trillion Gambit: SpaceX Devours xAI, Reshaping the Future (and Wall Street's Reckoning)
Analysis2/3/2026

Musk's $1.25 Trillion Gambit: SpaceX Devours xAI, Reshaping the Future (and Wall Street's Reckoning)

Elon Musk, in a move that will reverberate through Silicon Valley and beyond, has orchestrated the acquisition of his artificial intelligence venture, xAI, by SpaceX. Valued at an eye-watering $1.25 trillion, this deal is a prelude to a SpaceX IPO that will redefine the boundaries of financial gravity. This is not just a merger; it's a consolidation of power, a calculated chess move, and a high-stakes gamble on the future of AI and space exploration.

Read Story