From having a childhood dream of becoming the richest man on earth to actually making it happen, Elon Musk has shown time and again that he is no ordinary man. Despite becoming the first person to lose $200 billion in net worth last year, he has managed to reclaim the world’s richest person title this year.
But are you aware of when and how the billionaire earned his first $1 million? Let’s find out.
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When Did Elon Musk Earn His First $1 Million?
getty
Elon Musk reached millionaire status in 1999, at the age of 27, when he sold web software company Zip2 to Compaq, a then-declining computer manufacturing giant, for $307 million. Elon Musk reportedly netted a cool $22 million from the Zip2 sale.
As per a TIME report, he promptly went out and spent $1 million on a McLaren F1 supercar. After hitting millionaire status at the age of 27, Musk reached billionaire status at the age of 41.
Also Read: Elon Musk Launches His New AI Company Named xAI
What Is Elon Musk’s Networth At Present?
At present, the world’s richest person Elon Musk has a networth of $241 billion (as per Bloomberg billionaire index). He has added $104 billion to his networth this year till date.
When Did Other Popular Billionaires Earn Their First $1 Million?
Besides Elon Musk achieving the millionaire status at the age of 27, here is at what age other popular billionaires earned their first $1 million:
Mark Zuckerberg: 22
Reuters
Evan Spiegel: 23
Larry Page: 25
Bill Gates: 26
Warren Buffett: 30
getty
Mark Cuban: 32
Oprah Winfrey: 32
Jeff Bezos: 33
bloomberg
Larry Ellison: 42
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