Entertainment

When & How Did World’s Richest Person Elon Musk Earn His First $1 Million?

From having a š˜¤š˜©š˜Ŗš˜­š˜„hood dream of becoming the richest man on earth to actually making it happen,Ā Elon MuskĀ has shown time and again that he is no ordinary man. Despite becoming theĀ first person to lose $200 billionĀ in net worth last year, he has managed toĀ reclaimĀ theĀ worldā€™s richest person titleĀ this year.

But are you aware of when and how the billionaireĀ earned his first $1 million? Let’s find out.

Elon MuskĀ reached millionaire status in 1999,Ā at the age of 27,Ā when he sold web software company Zip2 to Compaq, a then-declining computer manufacturing giant, for $307 million.Ā Elon Musk reportedly netted aĀ cool $22 millionĀ from the Zip2 sale.

As per a TIME report, he promptly went out and spent $1 million on a McLaren F1 supercar. After hitting millionaire status at the age of 27, Musk reached billionaire status at the age of 41.

What Is Elon Muskā€™s Networth At Present?

At present, the worldā€™s richest personĀ Elon Musk has a networth of $241 billionĀ (as per Bloomberg billionaire index).Ā Ā He has added $104 billion to his networth this year till date.

When Did Other Popular Billionaires Earn Their First $1 Million?

Besides Elon Musk achieving the millionaire status at the age of 27, here is at what age other popular billionaires earned their first $1 million:

Mark Zuckerberg: 22

Reuters

Evan Spiegel: 23

Larry Page: 25

Bill Gates: 26

Warren Buffett: 30

getty

Mark Cuban: 32

Oprah Winfrey: 32

Jeff Bezos: 33

bloomberg

Larry Ellison: 42

For the latest and more interesting financial news, keep reading Indiatimes Worth.

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