Elon Musk might be the world’s wealthiest rocket researcher.

The 47- year-old CEO of Tesla and SpaceX and cofounder of OpenAI has actually stated he will not more than happy up until we have actually left Earth and colonized Mars Fortunately, he has the mind and the cash to make it occur.

In spite of a huge net worth hovering around $236 billion, Musk has actually never ever taken an income from Tesla, declining his $56,000 minimum income every year.

Back in March, Tesla investors authorized a strategy granting Musk $2.6 billion in stock alternatives, reports CNBC, which will vest in 12 tranches, or parts, as the business strikes essential turning points over the next years. The $2.6 billion quantity was March 21 present stock worth. U.S. News notes that if Musk satisfies the objectives and the stock worth increases throughout that time duration, it “might net him more than $50 billion.”

In January, Tesla revealed it would pay Musk absolutely nothing for the next 10 years– no income, reward, or stock– up until the business reaches a $100 billion market cap. If and when that occurs, Musk might possibly surpass Amazon CEO Jeff Bezos as the wealthiest individual worldwide.

A well-known workaholic, Musk does not invest money on luxurious trips or costly pastimes. Rather, the business owner invests the majority of his time at the workplace or in factories, pulling away to among his 4 Los Angeles estates at the end of the day.

Scroll through to learn what we understand about how Musk, a daddy of 5, accumulated his fortune and how he invests it.