Elon Musk is a well-known entrepreneur, inventor, and investor. He is the founder of companies like Tesla and SpaceX, and his net worth is estimated to be around $167.8 billion. But what is his net worth in rupees?
Elon Musk’s Net Worth in Rupees
Elon Musk’s net worth in rupees is estimated to be around ₹12,45,821 crore. This is based on the current exchange rate of 1 US Dollar to ₹74.7 Indian Rupees. Musk’s wealth is mainly derived from his stake in Tesla and SpaceX. He is also an investor in numerous other companies and startups.
How Much is Elon Musk Worth?
As of 2021, Elon Musk has an estimated net worth of $167.8 billion. This makes him the second richest person in the world after Amazon CEO Jeff Bezos. Musk’s wealth comes from his stakes in Tesla and SpaceX, as well as his investments in other companies and startups. He also earns a salary of $56,380 per year from SpaceX.
The estimated net worth of Elon Musk, a South African-born American entrepreneur and investor, is an astronomical figure of Rs 620,000 crore (approximately $84.6 billion.) As the founder, CEO, and lead designer of SpaceX and co-founder of Tesla, Musk has amassed an unprecedented fortune.
Musk, who was born on June 28, 1971, has founded a number of successful companies and holds a number of patents. His estimated net worth has placed him amongst the top 10 wealthiest people on the planet.
Musk’s wealth began with the founding of Zip2, a web software company founded in 1995. The company was sold to Compaq in 1999 for Rs 18,000 crore ($307.5 million). Musk then founded X.com, an online payment company that was later merged with Confinity, forming the basis for PayPal. Musk was a major investor and eventual chairman of the merged entity, which, in 2002, was sold to eBay for Rs 27,300 crore ($1.5 billion).
Musk went on to found SpaceX in 2002 and Tesla Motors in 2003. His investments in SpaceX and Tesla were both funded by the bulk of his accumulated wealth from Zip2 and PayPal. These two companies have helped fuel Musk’s rise to prominence and watch his net worth skyrocket.
SpaceX has been incredibly successful, launching more than 600 missions to date and becoming the world’s leader in space exploration and commercial space travel. In 2020, Musk earned a billion-dollar bonus for his efforts as CEO of SpaceX. Tesla has also been a success story. The company has achieved both technological feats and a meteoric rise in its stock price, making it one of the most valuable car companies in the world.
Musk has also seen success in other ventures. He is CEO of The Boring Company, a tunnel-digging company, and founder of Neuralink, a neuroscience startup. His philanthropic efforts have also earned him a great deal of recognition and admiration.
These successes have all helped propel Musk’s net worth to new heights. His estimated net worth of Rs 620,000 crore (approximately $84.6 billion) puts him among the richest people in the world. This astounding figure is a testament to Musk’s entrepreneurial genius and ambition, as well as his hard work and dedication.