Elon Musk has a net worth of $278.4 billion, possesses assets worth millions of dollars

Elon Musk is the richest man in the world. He is a well-known entrepreneur and business magnate who was born in South Africa. He founded a number of businesses, including Tesla Motors and SpaceX. As CEO of Tesla Inc., he was paid $595.3 million in 2019.

Elon Musk is an internet sensation renowned for his luxury life. He has a submarine automobile that was featured in a James Bond film. He paid Rs 6.5 crore for the Lotus Esprit automobile at an exhibition.

Elon Musk is the founder and CEO of Tesla, an electric car company. He invented revolutionary automobiles that forever altered the concept of transportation. The world’s wealthiest man created ground-breaking automobiles that forever changed the way people travel. 

Elon Musk-run SpaceX created a unique world record by successfully launching 143 small satellites. The firm broke the record previously held by the Indian Space Research Organisation (ISRO), which launched 104 satellites in 2017.

Elon Musk has a net worth of $278.4 billion, possesses assets worth millions of dollars

How much property does the world’s richest man owns?

The entrepreneur has a net worth of $278.4 billion (converting it into rupees: more than Rs 2 lakh 11 thousand crores). Having possessed that much amount, one can imagine the real-estate buying power that the richest man holds.

Elon Musk possesses physical assets including real estate worth millions of dollars. The world’s richest man said he wants to get rid of all such luxurious assets as they distract him from bigger goals like putting a man on planet Mars with his rocket company ‘SpaceX’.

The richest man used to own at least four properties worth over $70 million (Rs 530 crore) in and around Los Angeles including the four-bedroom, three-bath villa that he purchased for ex-wife Talulah Riley in 2013.

Nonetheless, Musk recently sold his last remaining property, a massive 10-bedroom, 1,486-square-meter Silicon Valley mansion in his name ‘Guignécourt’ built-in 1912. It was sold for $30 million (over Rs 227 crore) recently.

The world’s richest man’s home is a prefabricated, foldable and tiny house worth $50,000 (around Rs 37.8 lakh). His home is situated in the Starbase facility in Boca Chica, Texas. The 400-square fit studio apartment is called the ‘Boxabl Casita’. However, it is on rent from SpaceX.