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In 2015, Musk bought yet another Bel Air property for $20 million, a 7,000-square-foot house with six bedrooms. That same year, he bought another mansion for $4.3 million but, according to the ...
This house was previously bought in 2018 for $4.5 million (which can get you quite the house in Austin) and was sold to Elon Musk in a private sale. The rich own real estate for a reason
Find Out: How Elon Musk’s Department of Government Efficiency May Impact Your Wallet Learn More: 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth
Boxabl hinted that Elon Musk had bought a Boxabl unit in 2020. Musk confirmed that he has a Boxabl house in September 2021. [18] [3] [19] [20] [21] Boxabl stated they delivered one unit to Texas as a demonstration, with no revenue recorded. [22] Musks Boxabl was shipped to Musk's Spacex facility in Texas as a marketing tool.
Elon Musk made $175.8 million when PayPal was sold to eBay in October 2002. [9] He was first listed on the Forbes Billionaires List in 2012, with a net worth of $2 billion. [4] Musk paid $455 million in taxes on $1.52 billion of income between 2014 and 2018. [10] According to ProPublica, Musk paid no federal income taxes in 2018. [11]
Elon Musk is the wealthiest person in the world, with an estimated net worth of US$436 billion as of January 22, 2025, according to the Bloomberg Billionaires Index, [218] and $426 billion according to Forbes, [219] primarily from his ownership stakes in Tesla, Inc. and SpaceX.
Elon Musk Net worth: $193.3 billion The Tesla CEO, who currently holds the title of the world's richest man, recently moved from California, a high-tax state, to Texas, which has no income tax.
However, Musk reported only $1.52 billion in income during those years and paid $455 million in taxes. That may sound like a lot, but Musk’s true tax rate amounted to only 3.79%.