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Elon Musk’s Net Worth in 2020

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What is Elon Musk’s net worth?

Net Worth: $35.9 Billion
Age: 48
Born: June 28, 1971
Country of Origin: South Africa
Source of Wealth: Entrepreneur/Investor
Last Updated: 2020

Elon Musk is a South African-born Canadian American business magnate, investor, engineer, and inventor.

Musk has been a part of many successful startups; he’s the founder, CEO, and CTO of SpaceX; CEO of Tesla Inc.; co-chairman of OpenAI; founder and CEO of Neuralink.

Most people will know that Elon’s original success came from founding PayPal, now one of the most commonly used payment gateways on the internet.

As of 2020, Elon Musk’s net worth is estimated at $35.9 billion.

 

Early Life

Elon Musk was born in Pretoria, South Africa on the 28th June, 1971. His mother was a model from Canada, and his father an engineer from South Africa. Musk has two younger siblings, Kimbal and Tosca.

At just 10 years old, Elon found his passion with computers. He taught himself computer programming at 12 years old; and created a video game called Blastar, which he sold to a magazine called PC and Office Technology, for approximately $500.

 

Career

After dropping out of Stanford University to pursue entrepreneurship, Elon, along with his brother Kimbal, founded Zip2.

Zip2 was a web software company, which developed and marketed an Internet “city guide” for the newspaper publishing industry. The company received contracts with the likes of the Chicago Tribune and The New York Times, and was eventually sold to Compaq for $307 million.

With $22 million now in his pocket from the sale of Zip2, Musk founded X.com, an E-Mail payment company. This later became the notorious PayPal, when X.com merged with Confinity.

PayPal became the biggest online payment transfer company, and was acquired by eBay for $1.5 billion in stock. Musk was now $165 million richer.

It was at this time that Elon Musk began to pursue his passion of changing and advancing the world for the better, investing in Tesla, founding SpaceX and Solar City.

The success of these three companies is growing month by month, and is responsible for Musk’s sudden jump in net worth.

SpaceX is advancing space technology, and strives to reduce the cost of human spaceflight by a factor of 10.

Tesla is focused on solving the fossil fuels crisis in the automobile industry, by developing affordable and stylish electric vehicles.

Solar City is the 2nd largest provider of solar power systems in the United States.

As of 2020, Elon Musk’s net worth is estimated to be $35.9 billion.

 

Highlights

Here are some of the best highlights of Elon Musk’s career:

  • Moved to Silicon Valley (1995)
  • Sells Zip2 to Compaq for $307 million (1999)
  • Creates X.com, which later becomes PayPal (1999)
  • eBay acquires PayPal for $1.5 billion (2002)
  • Becomes an American citizen (2002)
  • Founds SpaceX9 (2002)
  • Becomes CEO of Tesla (2008)
  • Tesla Begin Deliveries of the All-Electric Model S (2012)
  • The Model X Launch (2015)
  • Tesla Merged with SolarCity (2016)
  • The Model 3 Arrives (2017)
  • The SpaceX Falcon Heavy Rocket Launches (2018)

 

Favorite Elon Musk Quotes

Elon Musk Quotes 1

“Some people don’t like change, but you need to embrace change if the alternative is disaster.” – Elon Musk

 

Elon Musk Quotes 2

“I think it’s very important to have a feedback loop, where you’re constantly thinking about what you’ve done and how you could be doing it better. I think that’s the single best piece of advice: constantly think about how you could be doing things better and questioning yourself.” – Elon Musk

 

Elon Musk Quotes 3

“When something is important enough, you do it even if the odds are not in your favor.” – Elon Musk

 

Elon Musk Quotes 4

“Patience is a virtue, and I’m learning patience. It’s a tough lesson.” – Elon Musk

 

View our larger collection of the best Elon Musk quotes!

 

3 Success Lessons from Elon Musk

Elon Musk Success Lessons

Here are 3 success lessons we can all learn from Elon Musk:

 

1. Don’t Be Afraid to Put Yourself in Uncomfortable Situations

Elon has previously explained that after the sale of PayPal; he invested almost all of the money he received into other companies. He took an incredible risk, and could have easily lost all the money he worked so hard to attain in the first place.

However, Musk had a vision, and that’s why he wasn’t afraid to take the risk. We all know how well it’s paid off for him, considering that 15 years later he’s worth more than 100 times the amount he received from PayPal.

“My proceeds from the PayPal acquisition were $180 million. I put $100 million in SpaceX, $70m in Tesla, and $10m in Solar City. I had to borrow money for rent.” – Elon Musk

 

2. Focus On Building Amazing Products

Elon Musk = Amazing products.

PayPal, Tesla, SpaceX, Solar City; they all have the main focus of being the best solution out there to each individual market they target. Hence, they’ve become so successful because said focus has controlled just how good the end product is.

The reality is that if your end product isn’t good enough, nothing else you do will help you achieve the same level of success.

 

3. Follow the End Vision

Musk is changing the world; with space and automobile technology, revolutionising the world as we know it. He wants to, and is making a difference.

This is his vision, his aim, and he directed all of his energy towards it once he had the money to do so. You should always follow your vision, and no one else’s.

 

Summary

Elon Musk is a man who takes risks. Even after a huge payout from PayPal, he invested virtually all of that money into the likes of SpaceX and Tesla to make his vision a reality.

Elon Musk’s net worth is estimated at $35.9 billion, and with his current companies being all about the future, this number is surely only going to get bigger.

What do you think about Elon Musk’s net worth? Leave a comment below.

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Net Worth

Lil Boosie’s Net Worth in 2020

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Introduction 

Lil Boosie or Boosie Badazz or simply Boosie is an American rapper, singer, songwriter, actor, record producer, and an executive from Louisiana.

He began rapping in the 1990s as a member of the hip hop collective Concentration Camp, eventually pursuing a solo career in 2000 with the release of his debut album Youngest of da Camp.

As of 2020, Lil Boosie’s net worth is roughly $800 Thousand dollars. 

 

Early Life 

Torrence Hatch was born on the 14th of November, 1982, in Southside Baton Rouge, Louisiana. His father was a drug addict and struggled with addiction until his death in 1997.

His mother was a schoolteacher. He has seven siblings. His parents nicknamed him Boosie and he was later called Lil Boosie. He was a good basketball player, and his mother hoped that his good sportsmanship would help him get into a good college. 

 

Career

When Boosie turned to rap, his cousin Young Bleed introduced him to rapper C-Loc. He took Boosie under him and mentored him. Boosie joined the ‘Concentration Camp’ group in 1996, at the age of 14. He was the youngest member of the group.

Besides Young Bleed and C-Loc, the group consisted of six other members. Upon joining the group, Boosie debuted on C-Loc’s fifth album, ‘It’s A Gamble’ in 2000, and contributed to Concentration Camp’s third studio album ‘Camp III: Thug Brothas’ in the same year.

In 2007, he released ‘Bad Azz Mixtapes Vol. 2’ with Webbie. Boosie released ‘Da Beginning Mixtape’, and his mixtape in 2008, ‘4th Of July Bash’. In 2009, he released his second major album ‘Superbad: The Return of Boosie Bad Azz’. In 2010, while he was in the prison for drug possession, ‘Unbreakable,’ as a Compilation CD with C-Loc was released.

As of July 2017, Boosie is trying his hand at some serious acting, and has landed a role in the indie boxing film, ‘Glass Jaw’. He plays the role of a street-savvy underground fight club operator. He already has some acting experience as he had starred in some films earlier, like ‘Gangsta Musik’, and ‘Last Dayz and Ghetto Stories: The Movie’, where he played a small-time drug dealer.

As of 2020, Lil Boosie’s net worth is $800 Thousand dollars. 

 

Highlights

Here are some of the best highlights of Lil Boosie’s career:

  • Wipe Me Down (Song, 2006) 
  • Betrayed (Song, 2010) 
  • BooPac (Album, 2017) 

 

Favorite Quotes From Lil Boosie 

“When they got to using my lyrics, I was just thinking, ‘This ain’t fair.’ I thought we had a freedom-of-speech law. Damn, Johnny Cash said he ‘shot a man down in Folsom Prison just to watch him die’ and he ain’t get in trouble. Bob Marley said he ‘shot the sheriff.’ He ain’t get indicted.” – Lil Boosie 

“Jail just made me wiser. It made me smarter. It made me wake up to a lot of stuff. And also it made me a better businessman. I had to learn about the music business. It just made me a better person as far as the way I live.” – Lil Boosie 

“I chew ’em out in front of the other brothers and sisters and they don’t like that. They don’t like to get embarrassed in front of the brothers and sisters… Other than that. If they out of line I beat they ass… And sometimes it falls back on me because I play with my kids a lot.” – Lil Boosie 

“What they having going on today is wrong… Parents going to jail for disciplining the kids? The world has changed. You can’t even whoop your child and send them back to school with a bruise.” – Lil Boosie 

 

3 Powerful Lessons From Lil Boosie  

Now that you know all about Lil Boosie’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him: 

 

1. Good Things 

If you give a good thing to the world, then over time your karma will be good, and you’ll receive good.

 

2. Watch Out 

Karma bides its time. You will always have to watch out. Karma is unforgiving and always gets payback.

 

3. Be The Bigger Person 

You cannot do harm to someone because someone has done harm to you. You will pay just like they will.

 

Summary 

Lil Boosie is a renowned American rapper. Despite all the ups and downs in his early life, he was determined to make it big because he had the hidden talent of rapping in him. 

The trendsetting rapper has collaborated with many southern hip-hop celebs like Three Six Mafia, Yung Joc, Webbie and Bun B. 

As of 2020, Lill Boosie’s net worth is estimated to be $800 Thousand dollars. 

What do you think about Lil Boosie’s net worth? Leave a comment below. 

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Net Worth

Lil Durk’s Net Worth in 2020

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Introduction 

Lil Durk is an American rapper, singer, and songwriter from Chicago. He is the lead member and founder of his own collective and record label, Only the Family.

As of 2020, Lil Durk’s net worth is estimated to be $3 Million dollars. 

 

Early Life 

Durk Derrick Banks was born on the 19th of October 19, 1992, in Chicago. Banks is the son of Dontay Banks and a nurse in Chicago. The name of his mother is not known. He had to shoulder responsibility at a very young age as his father was jailed when he was just 7 years old.

In an interview with a magazine, Lil Durk recalled that there was not even enough food in their home when he was young. The violent neighborhood in which he was brought up had a deep impact on Lil Durk.

 

Career

In the early years of his career, Lil Durk was associated with the Glo Gang label promoted by Chief Keef. But he was never signed into the label. Due to this reason, Lil Durk started to create his own image in the music world.

After the success of his first two singles, Lil Durk released a mixtape called ‘Life Ain’t No Joke’. This mixtape was downloaded 216,000 times on the online mixtape distribution platform DatPiff. Social media platforms played a big role in popularizing ‘Life Ain’t No Joke’.

The year 2015 marked a giant leap in his career with the release of his first album, ‘Remember My Name’. The album is full of songs based on the street violence of Chicago that he experienced in his childhood. The album was a big hit and ranked fourteen on the Billboard 200 list.

The same year, Lil Durk released his sixth mixtape called ‘300 Days, 300 Nights’. A single, ‘My Beyonce’ was released to promote this mixtape. The single featured his love interest Dej Loaf. Critics called this mixtape as a refreshing change from his earlier releases which mostly chronicled drug violence in the neighborhood where he was born. 

His second album, ‘Lil Durk 2X’ was released on July 22, 2016. A single called ‘She Just Wanna’ featuring another rapper ‘Ty Dolla Sign’ was released two months before the release of the album with the objective of creating buzz around his second album. Durk’s second label got a better response than the first one.

As of 2020, Lil Durk’s net worth is $3 Million dollars. 

 

Highlights

Here are some of the best highlights of Lil Durk’s career:

  • Bloodas (Album, 2017) 
  • No Label (Song, 2019) 

 

Favorite Quotes From Lil Durk 

“Stay working. Stay busy. It should be motivation instead of downtime because downtime is like being depressed. It shouldn’t be like that.” – Lil Durk

“I’m a good guy at the end of the day, you know what I’m saying? A lot of people will believe what they see in the media for a long time ago. I’m just growing as an artist and as a person.” – Lil Durk

“It’s important to always put your city on your back no matter who comes from there,” Durk tells me over the phone. “On your end, you just make sure you support your home. Who really supports you and loves you? That’s your hometown.” – Lil Durk 

“To better myself, in the moving situation from Chicago to Atlanta. It’s a better scene, a better vibe. I could focus. And Def Jam, it just wasn’t fitting for me. It wasn’t working for me. No big story behind it; they just didn’t fit me.” – Lil Durk 

“Yeah, it’s where I’m from. It’s important to always put your city on your back no matter who comes from there. On your end, you just make sure you support your home. Who really supports you and loves you? That’s your hometown.” – Lil Durk 

 

3 Lessons From Lil Durk 

Now that you know all about Lil Durk’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him: 

 

1. Don’t Waste Time 

Don’t waste time on revenge. The people who hurt you will eventually face their own karma.

 

2. Natural Law 

There’s a natural law of karma that vindictive people, who go out of their way to hurt others, will end up broke and alone.

 

3. Connection 

Learn to see. Realize that everything connects to everything else.

 

Summary 

Lil Durk is one of the upcoming American rappers from Chicago. He started showing interest in music from a young age and self-released his early mixtapes through his own OTF label. 

He later signed with the recording label ‘Def Jam Recordings’ and is now rated by analysts as the best rapper to be associated with the prestigious recording label. 

As of 2020, Lil Durk’s net worth is roughly $3 Million dollars. 

What do you think about Lil Durk’s net worth? Leave a comment below. 

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Net Worth

FaZe Rug’s Net Worth in 2020

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Introduction 

FaZe Rug is a famous YouTube vlogger from San Diego.

He first came to the notice of viewers when he uploaded some prank videos on YouTube. Soon his videos became very popular with the video titled ‘Cocaine Prank’ being viewed by almost 8.9 million viewers. 

As of 2020, FaZe Rug’s net worth is estimated to be $7 Million dollars. 

 

Early Life 

Brian Awadis was born on the 19th of November, 1996, in the city of San Diego in California. His parents are from Iraq who had earlier immigrated to the United States.

They are sometimes referred to as ‘Mama Rug’ and ‘Papa Rug’. FaZe grew up with his brother Brandon in San Diego like any normal kid and joined college after completing his school education.

 

Career

FaZe Rug shot into prominence when people started viewing his videos on pranks that he played on other people. He had always wanted to have fun as a school kid and share his experiences with others. He started recording his pranks on videos but only when he started to upload them to YouTube did he find the satisfaction of sharing them fully with others.

As he made more and more videos on pranks, ‘call-of-duty’ issues and vlogs, he found that people wanted to see more of them. So he left college in the first year and got down seriously to make videos.

His videos have become very popular because they look very realistic as he uses a lot of skills and techniques in creating them. He has more than 2.30 million followers on Twitter and 4 million followers on Instagram. 

The success of becoming a YouTube star and earning huge money at an early age of twenty years has made Faze Rug an inspiration to all youngsters who want to make it big in their life. His pranks videos are especially popular among all other videos and people love to see him get away with all his mischief.

As of 2020, FaZe Rug’s net worth is $7 Million dollars. 

 

Highlights

Here are some of the best highlights of FaZe Rug’s career:

  • 13.7 Million Subscribers (2019) 
  • Cocaine Prank (YouTube Video, 18 Million Views, 2015) 

 

Favorite Quotes From FaZe Rug 

“I feel like I don’t say this enough, but I’m so grateful for you guys. The past few months have been a little rough for me but your support genuinely gets me through it. Couldn’t have asked for a better position to be in.” – FaZe Rug 

“Yo I legit made a song as a JOKE in like 2 hours and people are really messing with it to me its funny but hey I’m glad some of you like it. It’s called “Goin’ Live” by FaZe Rug if you wanna hear it on Apple Music or Spotify” – FaZe Rug 

“I’ve been eating very unhealthy my whole LIFE. I just hired a personal trainer and I’ve never felt so motivated to change my lifestyle. Fitness & nutrition is #1 in life and I should’ve been preaching this earlier. This is a before, and I will update you throughout the journey.” – FaZe Rug 

“So I been planning this for a while, but I bought my dad a brand new Lamborghini. He didn’t want to accept it unless he and I shared it so I said yes just so he can take it.” – FaZe Rug 

 

3 Powerful Lessons From FaZe Rug 

Now that you know all about FaZe Rug’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him: 

 

1. Never Accept The Negative Words 

A lot of people will ignore positive words when they are down and accept negative words. Those people never get better.

 

2. Low Self-Esteem 

People who project negativity typically have low self-esteem. They feel bad about themselves, and their negativity is simply a reflection of those feelings.

 

3. Be Happy

Negativity is an addiction to the bleak shadow that lingers around every human form … you can transfigure negativity by turning it toward the light of your soul.

 

Summary 

FaZe Rug first came to the notice of viewers when he uploaded some prank videos on YouTube. Soon his videos became very popular with the video titled ‘Cocaine Prank’ being viewed by almost 8.9 million viewers.

As of 2020, FaZe Rug’s net worth is estimated to be $7 Million dollars.

What do you think about FaZe Rug’s net worth? Leave a comment below. 

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