How Does Life Of Richest Man On The World Look Like: Elon Musk

Jan 19, 2022 - 06:34
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How Does Life Of Richest Man On The World Look Like: Elon Musk

In January 2021 he briefly took the number one spot on Forges billionaire list, leaving even Amazon founder Jeff Bezos behind. But, what's more interesting is Musk's net worth is still rising, going way up high since March 2020. He is now 500 times wealthier than he was a year ago.

Over the past five decades, the CEO of Tesla and SpaceX, Elon Musk has managed to become one of the world's most successful business magnates and tech entrepreneurs. All this while being focused on his long-term goal of colonizing Mars and winning the space race. As per Forges, he's currently the second richest person in the world with an enormous net worth.

On that note let's take a look at Elon Musk's billionaire lifestyle in 2021.

After launching SpaceX, his aerospace manufacturer and space transport company, Elon Musk joined Tesla in 2004 as product architect and chairman before becoming its CEO four years later. Through these companies, he's well on his way to revolutionizing transportation both on earth and in space. But in-between space rockets, electric cars, and solar batteries, he surely made a considerable amount of billions along the way. Musk's wealth surged over the past year, marking the fastest rise to the top of the rich list, in history! About his worth, we talked in here.

His Real Estate Portfolio

Before he decided to sell nearly his entire property portfolio, Elon Musk owned more than 100 million dollars worth of residential property in California. His buying spree started in late 2012. with Los Angeles's Bel-Air neighborhood, where the tech titans splurged 17M on a 1.67-acre estate. The 20248 square foot mansion is well suited to the taste of the billionaire. As it features seven bedrooms, nine bathrooms, a special 1000 bottle wine cellar… Gym, in-door cinema, a tennis court, a two-story library among other amenities. The Tesla boss further paid roughly 55M for other homes in separate deals, between 2015 and 2019. That said, he seems to be keeping a promise he made in a tweet in May 2021. "Own no house and focus on a multi-planetary life instead"

Several weeks later, the Los Angeles's Time reported that Musk had sold three of his adjacent mansions in Bel Air for a total of 40.9M. While other sources revealed that he listed all four la homes for a combined $62.5 million. Apart from this deal he also listed two other mansions following his Twitter announcement. Musk went one step further with his promise when he listed his San Francisco bay area estate in June last year for $37.5M and announced that he had decided to sell his last remaining house.

Several weeks later, the Los Angeles's Time reported that Musk had sold three of his adjacent mansions in Bel Air for a total of 40.9M. While other sources revealed that he listed all four la homes for a combined $62.5 million. Apart from this deal he also listed two other mansions following his Twitter announcement. Musk went one step further with his promise when he listed his San Francisco bay area estate in June last year for $37.5M and announced that he had decided to sell his last remaining house.

Private Jets

Managing both SpaceX and Tesla means that this famous entrepreneur needs to frequently travel to work, which he loves to do with pure extravagance. Musk's two private jets namely the "Gulfstream g650e" and "Gulfstream g550" can be best described as the "Peak of luxury air travel". The Gulfstream g650 offers an incredibly high performance of 7.500 nautical miles and is his preferred ride from California to Texas.

Designed with Musk's comfort and productivity in mind, both of these private jets are well equipped with handcrafted chairs with flight-entertainment screens, separate cabins to work, relax and sleep, among other fancy features. The Gulfstream g650 takes the ultimate prize of a mind-numbing price of 70 million dollars.

Car Collection and another expensive possession

As the founder of one of the most famous automakers in the world, it's no surprise that Elon Musk has an affinity for cars. As the founder of one of the most famous automakers in the world, it's no surprise that Elon Musk has an affinity for cars.

His garage has stored an array of luxury rides, such as the 70 thousand dollars Audi q7 and the 1967's Jaguar in the number 1 series that costs him around 104.000 back in 2013. The SpaceX CEO paid $920.000 at an auction for the Lotus Esprit Submarine car, which was featured in the James Bond movie.

Apart from the 200.000 Tesla Roadster, Musk also owned some other fancy electronic rides, including the Hyped McLaren f1, Hypercar that's worth 12 million. Speaking of expensive possessions the tech mogul also owns an extravagant jewelry item. This may come as a surprise to many. His Tesla diamond and ruby ring, which was gifted to him by his chosen designer Ben Baller, costs around 37 thousand dollars and comes embezzled with diamonds and rubies, as hinted by the name.

Charitable Donations

It's safe to say that Musk is already in the business of improving our environment and the future. He defended his wealth this year, by saying he's accumulating resources to help make life multi-planetary and extends the light of consciousness to the stars. Apart from that, the Tesla CEO has contributed to charity in the traditional sense, too. In 2012. he signed the "Giving Pledge". This campaign announced to give at least half of their fortune to philanthropic causes. Mush has also made sizable donations to causes he's currently working on, such as his 10 million dollar donation to the "Future of Life Institute" to regulate artificial intelligence.
Moreover, in the first four months of 2021, alone he reportedly donated $150 million to charitable causes, which News Outlets were also called a ''philanthropic spending spree'.

He also committed $30M to non-profits in the Rio Grande Valley in South Texas and an extra $1M to feed Texas. Not to mention his 5 million dollars contribution to the Boston area, for research and studying the Coronavirus and a $5 million to Khan Academy - a platform for online courses. Moreover, the Musk Foundation, which the center billionaire founded in 2002, had roughly made 350 charitable contributions over the years. 17 million Musk committed to non-profit organizations focused on education and scientific research.

The list of his charitable foundations goes on and on. After reading this, you must say that we actually have one true genius, patriotic, caring, thoughtful, and sincere billionaire, to help us all in our growth! I must say, thank you Elon Musk!

Stay tuned - until the next time!