Elon Musk, CEO Of
Tesla And Spacex, Has Become The Richest Man In The World. According To A
Bloomberg Report, Tesla's Share Price Rose 4.8% On Thursday And Elon's Net
Worth Reached .5 188.5 Billion (Rs 13.80 Lakh Crore). Amazon Owner Jeff Bezos
Has A Net Worth Of 7 187 Billion (Rs 13.69 Lakh Crore).
Even Though Elon Is The
Richest Man In The World, He Will Not Be Happy Until He Takes Man To Mars. He
Said This In 2016. He Said We Should Not Celebrate Happiness Unless We
Establish Colonies On Mars.
Elon Musk Was The 35th
Richest Person In The Bloomberg Billionaire Index In January 2020, But In 10
Months He Surpassed Bill Gates And Now Tops The List Behind Jeff Bezos.
Made
A Video Game At The Age Of 10
Elon Musk Was Born On 28
June 1971 In Pretoria. His Mother Maye Musk Is A Canadian Model. Her
Father Errol Musk Was From South Africa And Was An Electro-Mechanical Engineer
There. Elon's Parents Divorced When Elon Was 9 Years Old.
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Elon Did A Computer Coding
Course When He Was 10 Years Old. Then Created A Video Game Blaster. The Game He
Sold At The Age Of 12 For 500. 4000 Rupees At That Time.
Elon Musk Has Two Degrees,
One In Economics And The Other In Physics. He Took Admission To Stanford
University In The United States In 1995 For A Phd, But Dropped Out Two Days
Later Because He Wanted To Start His Own Startup.
Entered
Tesla By Investment
Many Believe That Elon Musk
Started Tesla. But This Is Not True. Tesla Motors Was Started By Martin
Eberhard And Mark Tarping In July 2003. In February 2004, Elon Musk Invested 7.
7.5 Million (About Rs 33 Crore At The Time). With This Investment Elon Also
Became Chairman Of Tesla.
Elon Became CEO Of Tesla In
October 2008. By Then, He Had Invested 7 70 Million (About Rs 300 Crore) In The
Company. In June 2010, Tesla Launched An IPO. With This, The Company's Shares
Rose 1,229%.
There Was A Time When Tesla
Had To Take Out A Loan. Tesla Borrowed 46 465 Million (Approximately Rs 220
Crore) From The US Government In 2009. He Repaid The Loan In 2013.
How
Much Does Elon Musk Earn From Tesla?
Elon Musk Owns 20.8% Of
Tesla's Stock, Which Is Currently Valued At 150 150 Billion, Or More Than Rs 10
Lakh Crore. Shares Of Tesla Have Risen More Than 700% In The Past Year. That's
Why Elon Musk, Once The 35th Richest Person In The World, Is Now Number One.
Musk's Net Worth In 2020
Was More Than 140 140 Billion (Rs 10 Lakh Crore). A Year Ago, Musk Had A Net
Worth Of Rs 1.80 Lakh Crore. But Now Its Total Assets Are Rs 13.80 Lakh Crore.
That Is, Their Networth Has Increased 7 Times In A Year. Forbes Said It Was The
Highest-Grossing Billionaire Ever Since He Began Compiling A List Of The
World's Richest People.
Surprisingly, Musk Doesn't
Even Get A Celery From Tesla. He Received 23 23,760 (Approximately Rs. 17.50
Lakh) As Basic Salary In 2019. This Is Because California Has A Law That
Provides A Minimum Basic Salary. Musk Will Not Receive Celery From Tesla Until
2028.
So The Question Is How To
Earn? The Point Is That An Agreement Has Been Reached Between Musk And Tesla.
The Company's Board Has Set 16 Milestones. Elon Musk Has The Responsibility To
Complete It. As The Milestone Is Completed, Musk Will Acquire About 1.7 Million
Shares Of The Company.
Under The Agreement, Musk
Will Receive 2.02 Million Shares Of Tesla In 12 Parts Over The Next 10 Years.
In May 2020, They Have Received 1.7 Million Shares. The Shares Will Fetch Him A
Strike Price Of 350 350.02, But Musk's Earnings Will Be Determined By The Share
Price At The Time.
Neutral
Corona On Tesla
The Corona Epidemic
Devastated The World In 2020, But Did Not Affect Tesla. On January 2, 2020,
Tesla's Share Price Was 86 86.05 (Rs. 6300). It Rose To 8 816.04 (Approximately
Rs. 60,000) On January 8, 2021. That Means The Company’s Share Price Rose About
850% In 1 Year.
Not Only The Share Price
But Also The Profit Of The Company Increased. The Company Had Posted A Profit
Of Rs 827 Crore For The Quarter Ended December 31, 2019, Up From Rs 2,198 Crore
In September 2020. That Means Profits Rose 165%. Similarly, In September 2020,
The Company's Revenue Was Over Rs 64,000 Crore.
Where
Else Does Elon Musk Make Money?
Elon Musk Is Also The CEO
Of Spacex Along With The CEO Of Tesla. Spacex Is A Private Company And Is Not
Listed. So Its Actual Data Cannot Be Countered. In July 2020, Morgan Stanley
Estimated The Market Value Of Spacex At 200 200 Billion (Approximately Rs 14.65
Lakh Crore) In His Research.
According To A CNBC Report, Musk Owns .3 15.3 Billion (Rs 1.12 Lakh Crore) Worth Of Shares In Spacex. Apart From This Musk Is Also The Founder Of A Boring Company. The Company Was Started By Musk In 2018. The Company Was Started With The Help Of .2 11.2 Crore (Rs 800 Crore), Of Which 90% Was From Musk.
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