As the wealthiest individual on the planet, Elon Musk holds an undeniable influence not only in business but now potentially in politics.
The South African-born billionaire has been a staunch supporter of Donald Trump, using his social media platform X to promote the former president.
With Trump’s return to the White House, Musk’s loyalty is rewarded as he takes on a new advisory role, overseeing public spending efficiency through a department named DOGE.
Musk’s financial empire is a testament to his entrepreneurial success.
As the majority shareholder in companies like Tesla, SpaceX, Starlink, and Neuralink, his net worth has soared to a jaw-dropping $434 billion, according to Forbes.
Musk also has substantial stakes in ventures like The Boring Company and xAI, cementing his status as a global industrial powerhouse.
Calculating Musk’s Earnings
Although exact figures about his daily or monthly income are speculative, various estimates attempt to capture the magnitude of his wealth.
Reports from GQ suggest that Musk’s net worth grew by $158 billion in a single year, equating to $432 million per day.
This translates to roughly $18 million per hour or an astonishing $300,000 per minute, according to 20Minutos.
Other analyses, such as those by Artículo 14, propose slightly lower yet still staggering numbers, estimating his earnings at $400,000 per hour.
This would mean Musk rakes in $6,600 every minute and approximately $9.6 million daily.
The Role of Wealth in the Trump Administration
With such vast financial resources, Musk’s influence in the new Trump administration is expected to be significant.
As a close ally and major donor, his role as a government advisor adds another layer to his already expansive portfolio.
While these numbers demonstrate the astronomical levels of wealth Musk has achieved, they also serve as a reminder of the ever-growing divide between the world’s wealthiest and the average citizen.
In this new political era, Musk’s position at the crossroads of business and governance will undoubtedly be watched closely.
