When you're rich like Elon Musk you don't
just buy a house in Bel Air, you buy up a
neighbourhood.
After securing his first Bel Air address in
2012 for a cool $17 Million he went ahead
and bought up all the neighbours scooping
up a total of 6 properties to a sum of $80
Million dollars.
When it comes to cars you will likely catch
Musk sporting his own line of Tesla's but
back in the day the man had some pretty impressive
whips in his collection.
From a 1967 E-Type Jaguar to a McLaren F1
which nearly cost him his life and even bought
a car out of one of his favourite childhood
films.
He plans on turning that car into a Submarine
– like foreal.
He's also got a $70 Million dollar Private
Jet that sometimes flies just from one LA
airport to the next LA airport just so it
will be closer to him when he needs to take
off in the skies, and based on this this graph
tracking his air miles for 2018, the man flies
a lot to a sum of over 150,000 miles.
He's our real life iron man and one of the
richest men on the planet ranked at the #40
spot for Billionaires by the fine folks over
at Forbes.
Elon Musk's net worth is somewhere in an around
$23.7 Billion dollars based on most online
sources but with his money tied up in Tesla
& Space X stocks his money actual value bounces
around from day to day and will likely take
off like one of his rocket ships in the coming
years!
He's also earned some unexpected pay cheques
from booking acting gigs on shows like the
Big Bang Theory:
Over the years he's given us some amazing
new pieces of technology like
the flamethrower.
He's also invested heavily into building state
of the art facilities:
But of course he's spent a few bucks on himself,
including some hair plugs back in -----. A
hair plug can cost anywhere between $5 and
$15 grand but I'm guessing Elon spared no
expense to get the best rug on the market.
I ain't knocking the man, just the last time
we made a video on him the top comment was
“The real miracle here is how he grew his
hair back”.
What's going on guys?
It's your boy Michael McCrudden back at it
again with a video you guys specifically requested.
The Rich Life of Elon Musk and I switched
up the thumbnail, let me know what you think!
It's been a while since I've done one of these
videos but of course we could hit you guys
with more like on Jeff Bezos or Bill Gates.
Just yesterday I dropped a Before They Were
Famous on The Cybertruck and in the past we
made one on Elon Musk, that could likely use
an update.
Aright, let's get into this video.
First things first, a little recap:
Elon Musk was born on June 28, 1971 in South
Africa.
His father an Engineer, Pilot and Sailor and
his mother a model and dietician... money
was good but his parents split up when he
was young and to this day he doesn't speak
with or about his father.
A quick google search about dad brought up
some questionable headlines but let's just
move on from this and get back to Elon.
When it came to computers, young Elon was
a child prodigy coding at 10 and developing
his own video game by 12 which he sold for
$500.
In an interview he described his childhood
as miserable, mainly laying the blame on his
evil father.
Fast forward through elementary school and
high school he made his way to Canada attending
the prestigious Queens University before getting
entry into America and attending Stanford
to pursue a PhD in energy physics.
This was in 1992 and with the internet boom
taking off and televisions use to roll out
commercials like this.
Elon wasn't about to miss his big opportunity
to make some real cash and he dropped out
of Stanford after 2 days and got to work on
his own internet startup Zip2 alongside his
brother.
Essentially, from what I understand, it was
an online city guide.
7 years later in 1999 a division of Compaq
Computer bought Zip2 for $307 million in cash
and $34 million in stock options.
By then the money was starting to come in
and he was starting to enjoy the perks
of his success.
Next up in, 1999, Musk co-founded X.com, an
online financial services/payments company
which led to the creation of PayPal.
In 2002 PayPal was acquired by eBay for $1.5
billion in stock.
Elon became a savy investor putting his money
into Everdream Corporation in 1998 before
Dell acquired it in 2007.
He also invested in the artificial intelligence
company DeepMind Technology prior to a 2014
buyout by Google.
According to filings in his divorce trial,
he had roughly $48 million in income from
his investments between 2005 and 2008 But
he sunk a ton of money back into what was
to come next.
From there, Musk founded his third company,
SpaceX in 2002 with the intention of building
spacecraft for commercial space travel.
Next was Tesla Motors, an automobile company
dedicated to producing affordable, mass-market
electric cars, which Musk cofounded in 2003.
Elon Musk owns 54 percent of rocket maker
SpaceX which was valued at $34 billion as
of May 2019.
Musk also owns 22 percent of Tesla which includes
33 million shares and 2.1 million exercisable
options & as well know business is booming.
But with that said, Elon states that he works
on average 100 hours per week and often sleeps
on the floor at the office.
When he wasn't fallen down on the floor like
a Sim let's see where he likes to kick his
legs up.
The tech billionaire owns five houses in Los
Angeles—all of them inside the gated community
of Bel-Air.
Musk’s main residence.
He paid $17 million in 2012 for the 20,248-square-foot
palace he calls home.
The house also has a gym, a pool and a wine
cellar.
It has a tennis court for quick games of doubles,
a massive home theatre where he plays Fortnite
against PewDiePie.
He's actually given a tour of his humble abode.
The next house he bought was the ranch house
across the street from his mansion for $6.75
million in October 2013.
Previous to this, famed Hollywood actor Gene
Wilder had lived there for 30 years.
RIP.
Elon had the property renovated into a private
school for his 5 children.
From there on out he began buying up his neighbours.
In 2015 he bought two more propertise, one
for $4.3 Million and another for $20 Mill.
In 2016 he dropped $24.250 and in 2019 he
dropped $6.4 Million.
This one is a two-story home he got in an
off-listing sale.
It's 3,943-square-feet of living space with
4 bedrooms and 5 bathrooms.
Kinda looks like a place you might stumble
across in rural Alabama or Virginia, not the
hills of LA but he'll probably bulldoze it
when he needs to build The Avengers base camp
sometime in the future.
It's also good to be the ex wife of Elon Musk.
Talulah Riley was living in his four-bedroom,
three-bath home that overlooks the city of
Los Angeles which he sold for $3.9 million
earlier this year.
Elon is a busy man who needs to travel all
over the globe.
For his travels Tesla helped him out with
a $70 million Gulfstream G650ER, and in 2018
alone he logged over 150,000 miles flying
all over the United States, Europe, and Asia
to a tune of $700K of travel.
Strangely enough, the plane does a lot of
flights in LA just to get him from his home
to work.
I heard LA traffic is bad, but this is next
level.
No wonder he wants to drill a hole.
He's also gotta travel to his various business.
Tesla’s headquarters in Palo Alto and car-making
factory in Fremont.
Then there is SpaceX’s headquarters in Hawthorne,
Calif., and the battery-producing Gigafactory
outside Reno, Nev.
The man spends a lot of time in the air.
On the ground he's now of course only seen
in a Tesla but before all fame he was a bit
of a car collector.
When he was 17 he was given a book of classic
convertibles.
The convertible he liked best from the book
was the E-Type Jaguar, so he told himself
if he ever could afford it he would buy one.
When his initial bonus came in for Zip2 he
tookk the 40K and spent $35K on a 1967 E-Type
Jaguar.
After Musk sold PayPal, he bought a McLaren
F1 which cost him $1 Million dollars.
A lot of money for a car that he ended up
totalling.
He had it for several years before he totaled
in a crash that nearly cost him his life.
What made matters worse is that he had no
accident insurance.
A splurge purchase was on the Lotus Esprit
car from James Bond's "The Spy Who Loved Me"
for $886,000.
Speaking on this he said:
It was amazing as a little kid in South Africa
to watch James Bond in 'The Spy Who Loved
Me' drive his Lotus Esprit off a pier,
press a button and have it transform into
a submarine underwater.
I was disappointed to learn that it can't
actually transform.
What I'm going to do is upgrade it with a
Tesla electric powertrain and try to make
it transform for real
He also owned an Audi Q7, which actually inspired
him to include falcon wing doors on the Tesla
Model S. He also owned a Hamann BMW M5 and
a Porshe 911.
