Elon Musk net worth: Tesla CEO Elon Musk became the first billionaire in the world to cross the $700 billion threshold. Becoming richer than Jeff Bezos, Mark Zuckerberg, Bill Gates, Warren Buffett, Taylor Swift, and Jay-Z combined, Musk is also on his way to becoming the world’s first trillionaire. As his shocking $56 billion pay-package row was green-flagged yesterday, it paved the way to increase Tesla’s value to $8 trillion.
With a $749 billion net worth as per Forbes, Elon Musk owns about 12 per cent of Tesla. He founded the space giant SpaceX in 2002, making him the owner of a billion-dollar spaceship. His historic deal with Twitter was finalised at a whopping $44 billion in 2022 and merged with xAI in March, making the combined worth of the entity $125 billion. Here’s a look at Elon Musk’s luxury assets, included in his $700 billion net worth.
Elon Musk’s fleet of private jets
Musk operates a vast fleet of private jets, linked to both Tesla and SpaceX. One of his flagship palaces on wheels includes a Gulfstream G700. Reportedly worth $78 million, it has five fully-equipped living area. Registered to Musk’s aviation entity, it also has twenty oval windows and is one of his prized possessions. Among other aircraft, Musk also owns an ultra-long-range workhouse – the Gulfstream G650ER. Equipped with powerful Rolls-Royce engines, it is a true billionaire vehicle. Apart from the lavish interiors, the seats feature handcrafted upholstery which can swivel, recline, and convert to beds.
Car Collection – McLaren to Porsche
Musk purchased one of the most desirable supercars, the McLaren F1, with a price tag which exceeded $1 million. He chose to buy the car, over his ‘own no house’ motto, which he famously lives by. His garage also flaunts the swanky Lotus Esprit “Wet Nellie”, which is a modified submarine car from the James Bond 007 franchise.
In addition to his Tesla hypercars, Musk also owns a 1920 Ford Model T, 1967 Jaguar E-Type Roadster, BMW M1, and 1978 Porsche 935 King of the Hill.
‘Top-secret’ Tesla-built homes
The EV mogul prefers owning smaller properties over luxurious mansions. In 2020-21, he finalised a $62.5 million deal when he sold off most of his mansions to stand by his motto. However, he does own small properties near Tesla offices, such as a $50,000 tiny home, which serves as his primary residence. In Texas, the billionaire also owns two adjacent homes worth $35 million for his family members. Reports claim that there is also a ‘top-secret’ accommodation near the houses.
Among his 2020 real estate deals were a $40 million estate in Hillsborough which spanned across 47 acres and had its own ballroom. The Bay Area Bel Air mansions were worth even higher, estimated at nearly $100 million alone, as per Architectural Digest.
