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How Much Money Does Elon Musk Make a Second in 2024

Learn how much the new owner of Twitter makes per second!
Jane Tumar
Author: 
Jane Tumar
Derek Sall
Editor: 
Derek Sall
Deepti Nickam
Fact Checker: 
Deepti Nickam
6 mins
November 30th, 2023
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Trying to grasp how much a billion dollars is⁠—let alone hundreds of billions⁠—is like trying to comprehend the number of stars in the universe.

The difference between a million and a billion dollars is—a billion dollars.

To illustrate this—one million seconds is only 11.6 days. One billion seconds is almost 32 years.

And 146 billion? That’ll be 4,630 years!

That’s the age difference between a new-born, their millennial parent, and the brave folk who built the first Egyptian pyramids.

It certainly didn’t take Elon Musk five thousand years to make $146 billion.

Can you imagine how much money he has to be making per second? Let’s find out.

See related questions and answers:

How Much Does Elon Musk Make a Second

Elon Musk makes around $456.05 a second when looking at his average estimated income since he’s become a billionaire back in 2011. Over the course of the last decade, he’s climbed from a net worth of 2.5 billion dollars to $146.5 billion.

Not as wealthy as Elon, but still looking for exclusive investments? We first recommend Crowdstreet who reported recent returns of 18.8% (detailed review here). If the $25,000 minimum investment is a bit too rich, then turn to the next best option, Yieldstreet.

Elon Musk’s Earnings per Second: Our Calculations

Figuring out Elon Musk’s wealth isn’t as easy as it sounds. His private assets are just that—private—so nobody knows for sure how much cash he has. What we know is that the bulk of his fortune is in stocks (mostly Tesla’s).

There are a bunch of ways to estimate someone’s net worth—we trusted Forbes and Bloomberg with their data.

How much Elon Musk makes a second (the decade average)

Knowing that Elon Musk was worth $2.6 billion in January 2013—and his current net worth’s $146.5 billion—we can see that he made $143.9 billion over the course of a decade.

It means he’s been making $14.39 billion each year on average—$39,403,066.81 a day, $1,641,794.45 an hour, $27,363.24 a minute—and $456.05 per second.

Elon Musk’s pandemic earnings per second

There’s a catch, though—Elon Musk made most of his fortune in the past three years alone—and increased his net worth by 1,000% during the pandemic.

If we only look at those years, his average annual income will be a staggering $38,933,333,333.33. Divide this by 365 days, 24 hours, 60 minutes, and 60 seconds—and you get $1,234.57 per second.

Seeing that Elon Musk has been losing money daily throughout 2022, we might soon need a third calculation method.

Do you dream of making your own millions? Start by learning how to manage your cash.

FAQ

How much does Elon Musk make a day?
How much money does Elon Musk make a minute?
What does Elon Musk do?
How much cash does Elon Musk have in the bank?
How much did Elon Musk make in 2020? What about 2021?
SOURCES

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Contributors

Jane Tumar
Storyteller by day, data enthusiast when she has free time, Jane is a meticulous researcher and has been working as a content writer for the past 3 years. With a degree in Computer Science and Literature, she has a wealth of experience to bring to her finance writing.
Derek Sall
Derek has a Bachelor's degree in Finance and a Master's in Business. As a finance manager in the corporate world, he regularly identified and solved problems at the C-suite level. Today, Derek isn't interested in helping big companies. Instead, he's helping individuals win financially — one email, one article, one person at a time.
Deepti Nickam
Fact Checker
Deepti Nickam
Deepti is a content writing and marketing professional with 5+ years of experience in the B2B and B2C sectors. She has written about several subjects, including finance, project management, human resources, and more.
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