As of mid-February 2024, Musk’s net worth was reported to be $198.9 billion.
The narrative of their romance also began with Musk qIn the world of billionaires, Musk’s net worth is undoubtedly impressive, according to the report.Image
Credit: Reuters
New Delhi: Tech billionaire Elon Musk earns 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 estimated at $198.9 billion.
“To calculate earnings per second, this total was divided by the number of seconds in a year (31,536,000), which resulted in an approximate figure of $114.80 per second; this translates to $6,887 per minute, $413,220 per hour, $9,917,280 per day and $69,420,960 per week,” the report said.
Musk’s net worth is calculated based on his ownership stakes in numerous companies, including 20.5 percent in Tesla, 54 percent in Starlink, 42 percent in SpaceX, an estimated 74 percent in X (formerly Twitter), over 90 percent in The Boring Company, 25 percent in xAl, and over 50 percent in Neuralink.
The report highlights the importance of Musk’s earnings despite his fall to second place as the world’s richest person. “Musk’s financial prowess is nothing short of remarkable. Despite a drop in his net worth from last year, he remains one of the richest people in the world, largely due to his diverse range of successful ventures,” the report states.
“Through Tesla’s electrifying innovations, SpaceX’s ambitious space efforts and his involvement in several other ventures, Musk continues to leave an indelible mark on the world stage,” he added.
In the world of billionaires, Musk’s net worth is certainly impressive, according to the report. However, he faces stiff competition from global luxury goods company LVMH’s chairman and CEO Bernard Arnault, who boasts a net worth of $219.1 billion. Amazon founder Jeff Bezos, though no longer in the top spot, still boasts an impressive $192.5 billion, and Meta founder and CEO Mark Zuckerberg follows close behind with a net worth of $166.6 billion.
