Elon Musk has already achieved great success at the helm of Tesla and SpaceX, but this is clearly not the limit. According to a new study by Tipalti Approve, he is likely to become the world’s first trillionaire in 2024.
Musk’s net worth is currently estimated at $260 billion. Since 2017, it has grown by an average of 129%, which means that the 1 trillion mark will be overcome in 2 years. It is estimated that then the head of Tesla will own about 1.38 trillion dollars.
Musk himself said last year that Tesla would become a trillion-dollar company within 10 years. Tesla’s stock has grown richer, but although he flies around the world in a private jet, relatives say he doesn’t aspire to live in luxury. The CEO of Tesla and SpaceX has sold his California mansion and now lives in a small house in Texas.
According to his ex-girlfriend Grimes, who has two children, Musk sometimes even lives “below the poverty line” and does not have money to buy a new mattress if he finds a hole in the old one. Most of his wealth is in Tesla stock, and when he receives money, he reinvests it in his companies and donates to charity.