Wealth Story

How Elon Musk Built the Fortune

Elon Musk is worth an estimated $417.59B today — #1 on the world's rich list. Co-founder and CEO of Tesla and SpaceX; also owns X (formerly Twitter) and founded The Boring Company and Neuralink.

The fortune didn't appear overnight. The first milestone on the public record came at age 24: co-founded zip2. Everything after that is a chain of documented decisions — this is that chain, year by year.

The Milestones

1995: Co-founded Zip2

at age 24

Started his first company, the web-software firm Zip2, with his brother Kimbal.

1999: Founded X.com

at age 28

After selling Zip2, he founded the online bank X.com, which became PayPal.

2002: PayPal sale & SpaceX

at age 31

eBay acquired PayPal; Musk used the proceeds to found the rocket company SpaceX.

2004: Invested in Tesla

at age 33

Led an early investment in Tesla and joined as chairman of its board.

2008: Became Tesla CEO

at age 37

Took over as Tesla's CEO; SpaceX reached orbit with the Falcon 1.

2022: Acquired Twitter

at age 51

Bought Twitter for about $44 billion and later renamed it X.

2023: Founded xAI

at age 52

Launched the artificial-intelligence company xAI.

Today: #1 in the world

Elon's net worth is an estimated $417.59B, updated in real time from public holdings. See the live number →

In Elon's own words: 3verified quotes, each with its source →
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Milestones are drawn from widely-reported public history; ages are computed from the birth year and can be off by one depending on the month. Net worth is our real-time estimate.