Amassing a fortune of more than $208 billion since 2013, Tesla CEO Elon Musk makes $54.55million per day on average or more than $2.27million per hour.
The second richest person in the world for the second year in a row, Musk’s current net worth is $208 billion, according to the Bloomberg Billionaires Index. Since he first appeared on the illustrious list in June 2013, Musk’s net worth has grown from $6.5 billion to $208 billion.
Here’s a quick overview of how much Elon Musk makes a day, week, month, and year:
| USD Amount |
|---|
| Per Day | $54,500,000 |
|---|
| Per Week | $382,000,000 |
|---|
| Per Month | $1,527,000,000 |
|---|
| Per Year | $18,327,000,000 |
|---|
*Data for the past 11 years (since Musk became a billionaire according to the Bloomberg Billionaire Index)
How much does Elon Musk make a day?
On average, Elon Musk makes more than $54 million per day – that amounts to nearly $2.3 million per hour, $37,879 per minute, and $631 per second. And that’s if we average the income over the span of 24 hours. If we base those figures on an 8-hour workday instead, Musk makes $6,818,000 per hour and $113,636 per minute, which is about 38% more than the average annual wage in the US.
It is worth noting that the figures above were derived by taking into account the fortune Musk amassed over the past decade, which is roughly the length of time he has been a billionaire. Bloomberg first featured Musk on their prominent Billionaire Index in 2013, whereas Insider reported that Musk became a billionaire in 2012 after he sold his stake in PayPal (which was bought by eBay).
Elon Musk has reached a peak net worth of more than $338 billion in Nov. 2021. *The chart doesn’t account for all minor movements and instead tracks net worth based on 6-month intervals.
While averages are certainly helpful, it is worth noting that Musk doesn’t earn $54 million every single day. In reality, his wealth is prone to fluctuating by a much larger amount, as he has a large stake in Tesla stock, which has been known to swing widely in price from day to day. However, there are several growth factors at play that could make Tesla a good stock to buy for the long term, which means that Musk’s already massive net worth could increase even more in the future.
How much does Elon Musk make a week?
In the past 11 years, Elon Musk made more than $381 million a week on average – a truly staggering amount. For context, the highest-paid sports in 2022, Lionel Messi ($130 million/year) and LeBron James ($121 million/year), don’t earn nearly as much in one year as Musk did in one week.
How much does Elon Musk make a month?
In the span of one month, Musk earns more than $1.53 billion on average. This means that in the span of just a single month, Musk makes enough to qualify as a billionaire, an exclusive club that featuredjust 2,640 individuals globallyas of 2023, per Forbes.
How much does Elon Musk make a year?
Elon Musk makes $18.3 billion a yearif we base our calculations on the growth of his wealth over the past 11 years. Just asingle year’s worth of Musk’s income would rank him as the 105th richest person in the world, displacing Indian industrial magnate Kumar Birla.
The bottom line: At the current rate, it would take Musk 43 years to become the world’s first trillionaire
Elon Musk is one of the wealthiest people of all time, challenging the wealth of some sovereign nations. What’s arguably even more impressive is that he still ranks as the world's richest individual despite having a net worth that’sover $130 billion removed from the 2021 peak.
If Musk’s wealth were to continue to grow at the rate it has in the past 10 years, it would take him 43 years to become the world’s first trillionaire.
If you want to explore Elon Musk's staggering net worth in even more detail, check out how much Musk makes per second and millisecond.
FAQs
EV maker Tesla and SpaceX owner and tech billionaire Elon Musk earns approximately $6,887 per minute, $413,220 per hour, $9,917,280 per day, and $69,420,960 per week, the media has report.
How much does Elon Musk earn monthly? ›
Who is Elon Musk?
| Elon Musk |
|---|
| Net Worth: | $198 Billion |
|---|
| Monthly Income: | $200 Million (Approx.) |
| Date of Birth: | June 28, 1971 |
| Age: | 52 Yrs |
3 more rowsMar 5, 2024
EV maker Tesla and SpaceX owner and tech billionaire Elon Musk earns approximately $6,887 per minute, $413,220 per hour, $9,917,280 per day, and $69,420,960 per week, the media has report.
How much does Elon Musk make in 5 days? ›
Elon Musk has gained $37.3 billion in 5 days.
What does Elon Musk make per hour? ›
New Delhi, Tech billionaire Elon Musk makes around $6,887 per minute, $413,220 per hour, $9,917,280 per day, and $69,420,960 per week, a new report revealed on Thursday. According to data acquired by Finbold, as of mid-February 2024, Musk 's net worth was reported at $198.9 billion.
How much does Elon work per week? ›
Elon Musk Shares His Secret Method Which Helps Him Work 120 Hours Every Week. At a time when the concept of work life balance and mental health are gradually gaining importance all around the world, billionaire Elon Musk, who works 120 hours a week, has shared his secret.
Who is the richest man in the world in 2024? ›
Who is the richest man in the world? As of June 1, 2024, the richest person in the world is Tesla and SpaceX CEO Elon Musk. He's worth $210 billion. He moved into the number one spot in late May 2024, overtaking Bernard Arnault of France.
How much does Elon earn a week? ›
How Much Does Elon Musk Make a Day, Week, Month & Year
| USD Amount |
|---|
| Per Day | $54,500,000 |
| Per Week | $382,000,000 |
| Per Month | $1,527,000,000 |
| Per Year | $18,327,000,000 |
Feb 26, 2024
Musk does not receive any cash compensation each year and in order to meet his payout option, he needed to meet unprecedented growth in revenue, profits and stock price. Moreover, any stock that he would receive would be locked-up for 5 years.
What is Musk Pay Package? ›
June 13 (Reuters) - Tesla (TSLA.O) , opens new tab shareholders approved CEO Elon Musk's $56 billion pay package, the electric vehicle-maker said on Thursday, a big thumbs-up to his leadership and an incentive to keep his focus on his biggest source of wealth.
Despite a current net worth of approximately $128 billion and an intention to work his way off the list of the world's richest people through his philanthropic work, Microsoft co-founder Bill Gates has always been famously frugal.
How much does Jeff Bezos make a day? ›
Bezos' wealth increased by $167 billion in the past 10 years, or $16.7 billion per year, roughly $45.8 million per day, and roughly $1.9 million per hour. Of course, since Bezos' investments make money while he sleeps, we didn't use an 8-hour workday or 40-hour workweek for these calculations.
Does Elon Musk own Tesla? ›
As of 2024, the largest shareholder is CEO Elon Musk, who holds about a fifth of Tesla equity. Besides Musk, the largest shareholders are asset managers, like BlackRock and Vanguard.
How many hours does Elon work in a day? ›
Elon Musk, the CEO of Tesla and Twitter (Now X), is known for his extraordinary work ethic, often clocking in over 120 hours per week. He often shares how he throws himself into work, spending hours and often days in the office to get things right.
How is Elon Musk so rich? ›
Elon Musk cofounded six companies, including electric car maker Tesla, rocket producer SpaceX and tunneling startup Boring Company. He owns about 12% of Tesla excluding options, but has pledged more than half his shares as collateral for personal loans of up to $3.5 billion.
How much does Elon make in a 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 does Jeff Bezos make per hour? ›
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
The world's six richest people are approaching $1 trillion in combined net worth. Their fortunes have soared this year largely due to a historic stock-market rally. The six centibillionaires include Elon Musk, Bill Gates, Jeff Bezos, and Warren Buffett.
