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Elon Musk occupies second place on the restricted list of the richest men in the world, with a net worth of 198.9 billion dollars (185.6 billion euros) just behind the founder of LVMH, Bernard Arnault. But, doing the math, how much will the multimillionaire earn per second?
His fortune is closely linked to the performance of his companies, such as Tesla and SpaceX.
According to data reported to the US Securities and Exchange Commission (SEC) for the year 2023, Tesla made a profit of 17.66 billion dollars (16.4 billion euros) thanks to its two operating segments and reportable (automobile and energy generation and storage).
However, unlike Tesla, Musk’s other ventures such as SpaceX, Starlink, X (formerly Twitter), The Boring Company, xAI and Neuralink are all private companies, meaning they are not required to disclose their finances to the public. public.
To calculate Elon Musk’s earnings per second, you need to determine his ownership percentage in each company. According to Finbold, which collected the data, the multimillionaire has:
The next step is to multiply each company’s profit by Musk’s ownership percentage to estimate his share of each venture’s profits. Subsequently, it is necessary to add up your share of the profits of all companies to obtain the total profit for 2023 and, finally, convert this annual value into profit per second to obtain the result.
Adding these numbers, Musk’s total earnings in 2023 are equivalent to 3.6203 billion dollars. To calculate your total earnings per second, you need to divide your total earnings in 2023 by the number of seconds in a year. There are 31,536,000 seconds in a year, so Elon Musk earns approximately 114.80 dollars (107 euros) per second.
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