How much money does Elon Musk make per second?

Elon Musk, the billionaire known for companies like Tesla and SpaceX, is not only an inventor but also one of the fastest earners in the world. With his massive net worth, Musk earns millions of dollars every hour. So, what is the exact amount he makes every second?

1. How much money does Elon Musk make every second?

Elon Musk, the founder of Tesla and SpaceX, is earning money at an impressive rate: 1,027 USD per second. This is the amount he can earn based on the remarkable increase in his wealth over the past 11 years. As of now, Musk’s wealth has grown more than 50 times since Bloomberg first listed him as a billionaire in June 2013, when he had a net worth of around 6.4 billion USD. Today, his net worth has risen to more than 334 billion USD.

To put this into perspective, Musk makes about 61,609 USD per minute—a figure far surpassing the average annual salary of an American worker, which is currently around 53,490 USD. In other words, it takes him just one minute to earn enough money to match an average worker’s full-year salary, and only a week to accumulate a nine-digit figure.

To better understand the impressive amount Musk makes, we can break this down by time periods:

• Per millisecond: 1,027 USD
• Per second: 1,027 USD
• Per minute: 61,609 USD
• Per hour: 3,696,564 USD
• Per day: 88,717,532 USD
• Per week: 621,022,727 USD
• Per month: 2,484,090,909 USD
• Per year: 29,809,090,909 USD

This strong asset growth demonstrates that Musk is one of the wealthiest people in the world, and his earnings appear to have no limits.

2. What is Elon Musk’s net worth?

As of November 2024, Elon Musk’s estimated net worth stands at $334 billion, ranking him third on the list of the world’s wealthiest individuals. After being overtaken in 2022 by Bernard Arnault, the owner of the French luxury conglomerate LVMH, Musk reclaimed the top spot in 2023, largely thanks to a strong recovery in Tesla’s stock price. However, at the beginning of this year, Tesla’s underwhelming performance led to a decline in Musk’s wealth, causing him to temporarily lose the top position to Arnault before regaining it by the end of the year.

A notable milestone in Musk’s financial career came in 2022, when his net worth dropped by a record $200 billion in just one year, making him the first person in history to lose such a significant amount of wealth. Despite this, Musk maintained his position as the second richest person throughout this period.

3. How does the amount of money Elon Musk earns per second compare to other famous people?

Although Elon Musk’s wealth has grown significantly over time, his earning rate per second is not drastically different from that of other billionaires of his era. Below is a comparison of Musk’s earnings per second with those of famous entrepreneurs like Bernard Arnault, Jeff Bezos, and Warren Buffet:

It is clear that Musk earns approximately $1,027 per second, far outpacing major competitors such as Arnault, Bezos, and Buffet.

Elon Musk’s earning rate is truly impressive and unrivaled. His extraordinary wealth growth is a testament to his exceptional business and investment acumen. Musk is not only a founder but also a role model for financial success.