This is How Elon Musk Spends his Billions

Have you ever wondered how your life. would have been if you had a whopping net worth of 190 billion. dollars. hey everyone tech money welcomes you, back with yet another video where we will talk about money. oh i mean elon musk, before we move forward with this video. make sure to smash the subscribe button for more interesting videos like this, born on june 28 1971, elon reeve musk is a business magnate. industrial designer, engineer and philanthropist the ultra blessed billionaire is the wealthiest, person on this planet, even his income per hour is higher than, some region's gdp elon musk is the ceo of tesla and the, chief executive of spacex, and founder of the boring company and, x.com now paypal co-founder of neuralink, also chairman of solarcity the dedicated. workaholic does not waste his money on, lavish vacations and expensive hobbies instead the entrepreneur spends most of his time in the office or factories, he hangs out with his kids sees friends and does other stuff like an ordinary person. let's see the top five things one of the. world's wealthiest person, likes to spend his fortune on starting with number five, real estate with great money comes a, beautiful home and lots of real estate when elon was. busy running multiple companies, he was pretty actively interested in the. real estate market. multiple properties owned by him hit the market including a 47-acre estate in hillsboro california. in a posh and pricey location in the san, francisco bay area, this property features a 10-bedroom, mediterranean-style mansion built in 1916, and has an asking price of roughly 35, million dollars, musk also sold a 16 000 square foot. seven bedroom mansion in the los angeles bel air neighborhood for an amount of 29 million dollars to a. chinese tech billionaire who is. reportedly william ding the mansion has a two-story library. a home theater a gym and a thousand, bottle wine cellar elon still owns at least. four properties in the los. angeles area but they're worth less than 40 million dollars combined, the properties include a thirty three, thousand nine hundred and seventy six. square foot property valued at five. million. and a fifteen hundred forty square foot, property. valued at eight hundred and fifty. thousand what do people even do in these big mansions tour. number four philanthropy in the year, 2012. elon musk joined the excellent traits of. friends. warren buffett and bill gates and signed, the giving pledge and promise to contribute a majority of. his wealth to charitable causes over his, lifetime in 2015 musk gave an amount of 10 million dollars to the future of life. institute which aims at ensuring that artificial, intelligence technology is

beneficial to humanity in 2016. he gladly donated tesla stock valued at 255 million to his charitable foundation the musk foundation also it's worth. noting that a 2019 investigation. by the guardian found that while the, musk foundation donated millions of. dollars to almost 160 charities over the. decades in 2018 bloomberg reported that musk. made over six million dollars in anonymous donations to support an, environmental group the sierra club. with so many donations elon is one of, the least greedy, and kindest billionaires in the world number three cars looking at the car collection of avid collectors is highly gripping. and so for elon musk what does tesla's, head own the billionaire indeed owns a crazy. hot wheels collection that is worth butterflies for car lovers, besides being the ceo of tesla elon also owns some cars which are crazy. good, back in 2013 in a sotheby's auction musk. paid an estimated amount of 1 million for a rare 1976 lotus esprit sports car used in the film 1977 james bond film the spy who loved me even though the sports car was. transformed into a submarine in that, movie. we cannot doubt elon's smartness and fortune in not making that happen, musk's stable of cars even includes a. 1920 ford model t, which according to him was a gift from a. friend. as well as a jaguars series 1 1967. e-type roadster he bought the jaguar in, 1967 model by himself, when he got his first bonus from his. organization zip2. in 2017 musk said those two cars were the only gasoline-powered cars he owns. however we know he has previously owned. everything from a 1978 bmw, 320i to a mclaren f1. a rare sports car that musk says he. unfortunately. wrecked in 2000 after buying it for 1. million dollars he bought that car when he sold paypal apparently the billionaire lifestyle doesn't have much space for privacy and lies. apart from the luxurious car collection he also owns some everyday cars, the audi q7 bmw m5 and a porsche 911 are sitting in his. garage, in july 2019 musk tweeted that he mostly. drives his tesla model s performance sedan the billionaire has also been spotted driving tesla's new cyber truck around southern california many times isn't his collection just unique number two, private jets musk used to sleep on the. floor in the conference room or on the, couch at his factory on busy days. but on other days he prefers to take a. ride back home in his private jets. yeah our billionaire also owns private jets the gulfstream g550 and g650, the two luxurious private jets owned by, elon musk. are registered to an llc connected to. tesla. and spacex the gulfstream g550 is the newest addition to his fleet it has space for 17 passengers but has been converted to sleeping, configurations. the other one the gulfstream g650 is.

bigger. and offers more miles on it as it's his. preferred ride from california to texas, number one investments musk once said, that he only invests money in self-owned, companies. in 2018 musk selflessly contributed roughly 90, of the 112.5 million which was raised. that year by his company the boring. company. according to the new york times however, in recent years. he also invested undisclosed amounts as a financial backer for some tech, companies like the artificial intelligence startup deep mind and the neurotechnology startup neurovigil, we're sure this is a good investment as the 155 iq scientist, always has his plans ready in 2015 musk and other entrepreneurs contributed, to a one billion dollar pledge to fund. the artificial intelligence research lab. named open ai besides musk also owns the stake in small, satellite organization surrey satellite technology and has, invested in fixing the power grid problems with solar city's solar power utility wealth x reports, say that the billionaire also owns approximately nine hundred and fifty, thousand dollars, in exercisable stock options in tesla. and according to wealthx musk also has roughly 660 million, in estimating proceeds from previous. salaries. bonuses investments dividends and stock. transactions it is not to be mentioned that musk famously does not accept a salary as tesla's ceo however in may he earned the first portion of his, massively incentivized money package, approved by tesla's shareholders in 2018 the mentioned portion gave musk an, additional 1.7 million tesla shares worth more than 700 million dollars at, the time, the pay package could ultimately dish out more than 55 billion to musk. over the decade if tesla hits a series, of required financial landmarks by 2028, including a market capitalization of 650 billion dollars. the company's current market value is over 552 billion as per reports elon musk has a current, net worth. of 196 billion dollars despite having. funds to spend on lavish vacations, in 2015 the billionaire said that he had, taken only two weeks off. since founding spacex 12 years ago, as a person the billionaire is very simple and down to earth, the billionaire also made headlines by. naming his newborn, xae a12 which we can neither understand, nor pronounce so that's how elon musk. spends his billions these all signify elon musk is the most, humble and exciting person in the world, he is the one who is not only making our lives better, but also focuses on future benefits, let us know in the comments below your, views and what do you think he should spend his billions on other than these. make sure to give this video a big. thumbs up and subscribe to our channel, so that you never miss an update about our more interesting videos, just like this one you