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Elon Musk Net worth:As per the World's Real-Time Billionaires' index by Forbes, Musk's net worth stands at a staggering $198.9 billion. This is how much he makes in one second, one minute, one hour and more
Elon Musk Net worth: Last year, Elon Musk lost the title of the 'world's richest person,' however, a new report on Thursday (Feb 15) revealed thatevery minute of the tech billionaire is worth a whopping $6,887. As per the World's Real-Time Billionaires' index by Forbes, Musk's net worth stands at a staggering $198.9 billion.
Time is Money (Elon Musk Net worth)
As per Finbold, despite his net worth dropping from $229 billion to the current 198.9 billion, the Tesla CEO in 2023 logged atotal earnings of $3.6203 billion.
Upon dividing his earnings, the publication came up with significant figures that put a normal man's earnings to shame.
In a year, there are 31,536,000 seconds. A division of his earnings of $3.6203 by the number of seconds in a year brings up the mighty number: $114.80. This is what Musk makes every second.
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This is equal to $6,887 per minute, $413,220 per hour, $9,917,280 per day, and $69,420,960 per week.
Elon Musk's sources of earning
Musk has a diverse portfolio, consisting of big tech companies like X (formerly Twitter), space research company SpaceX, automobile maker Tesla, The Boring Company, xAI, and Neuralink.
"Elon Musk’s financial prowess is nothing short of remarkable. Despite a dip in net worth from last year, he remains one of the wealthiest individuals globally, largely due to his diverse array of successful ventures," states the report.
"Through Tesla's electrifying innovations, SpaceX’s ambitious space endeavours, and his involvement in various other ventures, Musk continues to leave an indelible mark on the world stage. And when you break down his earnings per second, it’s clear that time is indeed money for this visionary entrepreneur," it concludes.
(With inputs from agencies)
FAQs
In a year, there are 31,536,000 seconds. A division of his earnings of $3.6203 by the number of seconds in a year brings up the mighty number: $114.80. This is what Musk makes every second. This is equal to $6,887 per minute, $413,220 per hour, $9,917,280 per day, and $69,420,960 per week.
How much money does Elon Musk make in 1 minutes? ›
How much money does Elon Musk make every minute? Coindex has calculated that Musk earns $537 a second, or $32,200 a minute. Through his various business ventures, including X, SpaceX, and Tesla, the billionaire makes more money in a few minutes than most Americans make in an entire year.
How much money does Elon Musk make per hour? ›
How Much Does Elon Musk Make an Hour. The quick answer—Elon Musk makes around $1.6 million per hour. This is based on his net worth that rose by $143.9 billion in the past decade until early 2023. That's 220,690 times the federal minimum wage.
How much does Elon Musk make in a second? ›
Based on calculations from official data, it's estimated that Musk makes about $656 per second. This staggering sum is a reflection of his vast net worth, reported to be around $194.4 billion as of March 2024, an accumulation of wealth spanning over a decade.
How much does Tesla make a minute? ›
How Much Does Tesla Really Make?
Fiscal Year | Annual Net Income | Net Income per Minute |
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2022 | $12.55 billion | $23,877.47 |
2021 | $5.52 billion | $10,502.28 |
2020 | $721.00 million | $1,371.70 |
2019 | −$862.00 million | −$1,640.03 |
1 more rowApr 1, 2024
How much does Jeff Bezos make per hour? ›
Jeff Bezos Earns $7.9 Million Per Hour — What Does He Do With All That Cash? In this article: AMZN.
Who makes the most money a second? ›
Apple is one of the world's most profitable businesses and retains the top spot that it earned in our 2020 study, generating over $157 billion a day, which equates to $1,820 every single second.
How much does Mark Zuckerberg make an hour? ›
Mark Zuckerberg Made Around $9.6 Million Per Hour Or $230.6 Million Per Day In 2023 — His Major Investments Include A 30-Bedroom/Bathroom Compound And Beer-Drinking Wagyu Cattle. Meta Platforms Inc.
How much do Bill Gates earn per hour? ›
Another source offers a lower figure of approximately $7.6 million per day or $319,635 per hour.
How much per hour is rich? ›
How much does a Wealthy make? As of Sep 9, 2024, the average annual pay for a Wealthy in the United States is $67,113 a year. Just in case you need a simple salary calculator, that works out to be approximately $32.27 an hour.
With daily budget of $1 million, Elon Musk will take 673 years to exhaust wealth | Mint.
How much does Jeff Bezos make a second? ›
Jeff Bezos' share of 2023 profits by company
Per second | $985 |
---|
Per minute | $59,100 |
Per hour | $3,546,000 |
Per day | $85,104,000 |
Per week | $595,728,000 |
Feb 22, 2024
How much does Bernard Arnault make per second? ›
Now, let's break down Arnault's earnings per second, which is 1.537 billion euros divided by 31,536,000 seconds (the number of seconds in a year), equaling approximately 48.74 euros.
How much does Elon Musk have in the bank? ›
Tesla also accounts for Musk's meteoric wealth increase in recent years. Although he has been worth billions for many years, Elon Musk's wealth increased by an order of magnitude between 2020 and 2022. In this period, his estimated fortune grew from around $24 billion to around $220 billion.
How fast can Tesla get to $100? ›
Tesla MODEL 3 Speed
The Model 3 can accelerate from 0-100km/h in 6.1 seconds in base Rear Wheel Drive form, or 4.4 seconds for the all-wheel drive Long Range.
How much money does Elon Musk get from the US government? ›
According to a Los Angeles Times investigation, Musk's companies had received an estimated $4.9 billion in government support by 2015, and they've gotten more since. Here's a look at some of the federal and state-level government subsidies that have contributed to building Musk's empire.
Does Elon Musk work 100 hours? ›
He stated, "You just have to put in 80 to 100-hour weeks every week." He explained that by working more hours than others, one could achieve in four months what it would take a year for others to accomplish. This is not just a suggestion, Musk himself has followed the intense work schedule all his life.
Will Elon Musk be a trillionaire? ›
Elon Musk is on track to become the world's first trillionaire, as soon as 2027, according to a new study. Musk topped a list of business moguls on Informaconnect's recent study of companies and people who are approaching trillionaire status, based on market cap, value of assets owned and overall net worth.
How much does Bill Gates make an hour? ›
Bill Gates
According to Bloomberg, his net worth increased by $9.28 billion over the last 12 months, which comes out to around $44.6 million per hour.
Who is the richest man in the world in 2024? ›