This is how much tech billionaire Elon Musk makes in an hour

As of mid-February 2024, Musk’s net worth was reported at $198.9 billion

In the world of billionaires, Musk’s net worth is undoubtedly impressive, the report said.Image Credit: Reuters

New Delhi: Tech billionaire Elon Musk makes around $6,887 per minute, $413,220 per hour, $9,917,280 per day, and $69,420,960 per week, a new report revealed on Thursday.

According to data acquired by Finbold, as of mid-February 2024, Musk’s net worth was reported at $198.9 billion.

“Calculating earnings per second involved dividing this total by the number of seconds in a year (31,536,000), resulting in an approximate figure of $114.80 per second; this translates to $6,887 per minute, $413,220 per hour, $9,917,280 per day, and $69,420,960 per week,” the report said.

Musk’s net worth is calculated by his ownership shares in numerous enterprises, which include 20.5 per cent in Tesla, 54 per cent in Starlink, 42 per cent in SpaceX, an estimated 74 per cent in X (previously Twitter), over 90 per cent in The Boring Company, 25 per cent in xAI, and more than 50 per cent in Neuralink.

The report emphasised the importance of Musk’s earnings despite his slip to second place as the world’s richest person.

“Musk’s financial prowess is nothing short of remarkable. Despite a dip in net worth from last year, he remains one of the wealthiest individuals globally, largely due to his diverse array of successful ventures,” the report stated.

“Through Tesla’s electrifying innovations, SpaceX’s ambitious space endeavours, and his involvement in various other ventures, Musk continues to leave an indelible mark on the world stage,” it added.

In the world of billionaires, Musk’s net worth is undoubtedly impressive, the report said. However, he faces tough competition from the chairman and CEO of global luxury goods company LVMH Bernard Arnault, who boasts a net worth of $219.1 billion. Amazon founder Jeff Bezos, although no longer holding the top spot, still commands an impressive $192.5 billion, and Meta Founder and CEO Mark Zuckerberg trails behind with a net worth of $166.6 billion.


Related Posts

Ben Affleck and Jennifer Lopez officially list $68M Beverly Hills mansion for sale amid marital woes

Ben Affleck and Jennifer Lopez officially listed their massive Beverly Hills mansion amid their looming divorce. The 38,000-square-foot house was posted for sale on MLS Thursday afternoon just one…

I was hit with $700 in fines for my yard sign mocking both Trump and Biden – now the city owes me over $32k

A HOMEOWNER has fought against city officials and won after she was fined for her political yard sign. Julie Pereira decided to go against city officials after they…

Billionaire Rick Ross flaunts his wealth with a super yacht with a helicopter landing pad, making fans extremely admire.

In a display of his unparalleled wealth and lavish lifestyle, renowned rapper and entrepreneur Rick Ross has recently acquired a state-of-the-art super yacht that has left fans and…

‘He could’ve 𝓀𝒾𝓁𝓁ed us,’ fumes homeowner whose neighbor destroyed their home – phone call changed their life forever

A COLORADO couple was left without a roof over their heads after fireworks struck through their home. Anthony Fox and his fiancée Nicole Betz came home to find…

Edwin Castro’s greasy $2.04 bn Powerball ticket that ‘proves he’s winner’ finally revealed as fight over prize continues

EDWIN Castro’s $2.04 billion Powerball lottery ticket can be revealed for the first time today, along with new information that could see him beat his court case and…

They have no authority,’ fumes homeowner over new $500 fine for junk in their backyard – & neighbors will police it

HOMEOWNERS have been seething over a new ordinance that could leave them with a hefty fine for having junk in their yard. Residents slammed their community after it…