Amassing a fortune of more than $169 billion over the past decade, Tesla CEO Elon Musk makes $46.3 million per day on average or more than $1.9 million per hour.
The second richest person in the world for the second year in a row, Musk’s current net worth is $169 billion, according to the Bloomberg Billionaires Index. Since he first appeared on the illustrious list in June 2013, Musk’s net worth has grown from $6.5 billion to $169 billion.
Here’s a quick overview of how much does Elon Musk make a day, week, month, and year:
| Dollar Amount | |
|---|---|
| Per Day | $46,303,000 |
| Per Week | $324,127,000 |
| Per Month | $1,408,000,000 |
| Year | $16,900,000,000 |
*Data for the past ten years (since Musk became a billionaire according to the Bloomberg Billionaire Index)
How much does Elon Musk make a day?
On average, Elon Musk makes more than $46 million per day – that amounts to nearly $1.93 million per hour, $32,155 per minute, and $536 per second. And that’s if we average the income over the span of 24 hours. If we base those figures on an 8-hour workday instead, Musk makes $5,787,000 per hour and $96,465 per minute, which is about 29% more than the average annual wage in the US.
It is worth noting that the figures above were derived by taking into account the fortune Musk amassed over the past decade, which is roughly the length of time he has been a billionaire. Bloomberg first featured Musk on their prominent Billionaire Index in 2013, whereas Insider reported that Musk became a billionaire in 2012 after he sold his stake in PayPal (which was bought by eBay).
Elon Musk has reached a peak net worth of more than $338 billion in Nov. 2021. *The chart doesn’t account for all minor movements and instead tracks net worth based on 6-month intervals.
While averages are certainly helpful, it is worth noting that Musk doesn’t earn $46 million every single day. In reality, his wealth is prone to fluctuating by a much larger amount, as he has a large stake in Tesla stocks, which have been known to swing widely in price from day to day. However, there are several growth factors at play that could make Tesla a good stock to buy for the long term, which means that Musk’s already massive net worth could increase even more in the future.
How much does Elon Musk make a week?
In the past ten years, Elon Musk has made more than $324 million a week on average – a truly staggering amount. For context, the highest-paid sports stars last year, Lionel Messi ($130 million/year) and Lebron James ($121 million/year), didn’t earn nearly as much in one year as Musk did in one week.
How much does Elon Musk make a month?
In the span of one month, Musk earns more than $1.4 billion on average. This means that in the span of just a single month, Musk makes enough to qualify as a billionaire, an exclusive club that features just 2,640 individuals as of 2023, per Forbes.
How much does Elon Musk make a year?
Elon Musk makes $16.9 billion a year, if we base our calculations on the growth of his wealth over the past 10 years. A single year’s worth of Musk’s income would rank him as the 100th richest person in the world, pushing finance magnate Renata Kellnerova out of the list of 100 wealthiest billionaires.
The bottom line: At the current rate, it would take Musk 49 years to become the world’s first trillionaire
Elon Musk is one of the wealthiest people of all time, challenging the wealth of some sovereign nations. What’s arguably even more impressive is that he still ranks as the second richest individual in the world, despite having a net worth that’s $160 billion below its peak reached in 2021.
If Musk’s wealth were to continue to grow at the rate it has in the past 10 years, it would take him 49 years to become the world’s first trillionaire.
Source: https://coincodex.com/article/27129/how-much-does-elon-musk-make-a-day-week-month-year/