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How Much is Elon Musk Net worth?Know about his Career and Awards

Updated On 02 Jun, 2017 Published On

The business magnate Elon Musk is an aspiration for millions all around the world. He has established himself as a successful investor, engineer, and inventor.

Elon Musk is a South African-born Canadian-American business magnate, investor, engineer, and inventor. He is the co-founder of Tesla Inc and founder of SpaceX, OpenAI, Neuralink, SolarCity, Zip2, X.com, and Paypal. In 2016, Musk was ranked 21st on the Forbes list of The World's Most Powerful People.

But how much exactly Elon's hard work assisted him in making money and how much is his net worth is still is a question? Let's find out!

Also Read: Elon Musk threatened to leave Trump's advisory councils if Paris climate deal is withdrawn

Know about Elon Musk's career

Elon's career began in 1995 after he started a web software company named Zip2 with his brother Kimbal. The company became a successful venture afterward making a contract with The New York Times and Chicago Tribune.

 

 

Side view of Falcon Wing doors

A post shared by Elon Musk (@elonmusk) on

 

In March 1999, Musk co-founded X.com, online financial services, and e-mail payment company. Later the company merged with Confinity which had a money transfer service called Paypal.

Elon Musk a business magnate, investor, engineer, and inventor

Elon Musk a business magnate, investor, engineer, and inventor

Source: COED

Then Musk founded Space Exploration Technologies, or SpaceX, in May 2002 with the further vision of establishing space aircraft. His dream came true and SpaceX became successful after NASA awarded the company with a contract in 2005.

Another Musk venture is Tesla Motors company which produces electric motor vehicles.

via GIPHY

 

Collaborating with Elon's cousins Lyndon and Peter Rive, he cofounded SolarCity in 2005 which became the second largest provider of solar power systems in the United States.

Also Read: Amber Heard and Elon Musk Show Sweet P.D.A. During Romantic Date in Australia

Elon's numerous and outstanding innovations have gained a huge market in the world.

Awards received by Elon Musk

Elon ahs earned uncountable awards and title from his hardship and dedication towards his work.

Among them, the best awards Elon received are the title of Inc Magazine Entrepreneur of the Year award in 2007 for his work on Tesla and SpaceX, Automotive Executive of the Year (Worldwide) in 2010 for demonstrating technology leadership and innovation via Tesla. And In June 2011, Musk received US$250,000 as Heinlein Prize for Advancement in Space Commercialization.

Founder of SpaceX Elon Musk

Founder of SpaceX Elon Musk

Source: quoteroller

He also received a Gold Medal in 2012 that was awarded to him by the Royal Aeronautical Society.

In June 2016, Business Insider named Musk one of the "Top 10 Business Visionaries Creating Value for the World" along with Mark Zuckerberg and Sal Khan.

Also Read: Chief Executive Officer of Facebook Mark Zuckerberg: Find out his net worth and career

How much is Elon Musk's net worth?

As of May 2017, he has an estimated net worth of $15.2 billion, making him the 80th-wealthiest person in the world.

Let's have a look at Elon's work a bit at SpaceX!

It is really a heck lot of a bank balance!

Well, the businessman is yet to do a lot and make a lot. And he is yet to add billions more to his account in coming days.

Best wishes Elon.