How much does Elon Musk earn per day? The impressive wealth calculation of the billionaire

Question

Elon Musk is one of the richest people in the world. His wealth reached an impressive $429 billion in 2024. But what this number truly means only becomes clear when you break down his wealth growth over different time intervals.

Weekly Growth: $2.24 billion in seven days

In just one week, Musk’s wealth increases by approximately $2.24 billion. For comparison: this amount is equivalent to the production budget of a major Hollywood film. For many people, this is an unimaginable large sum, exceeding the annual budgets of entire institutions.

Daily Wealth Growth: $320.5 million per day

Every single day, Musk’s wealth increases by $320.5 million. These daily earnings are roughly equivalent to the total budget of smaller countries. They demonstrate how exponentially his wealth is growing.

Hourly, minutely, and secondly considerations

Converted to an hourly rate, Musk earns about $13.35 million. That’s enough to afford a private jet in less than two hours. Per minute, approximately $222,500 flows into his wealth – an amount that in many countries equals the value of a high-end property.

The second-by-second calculation almost seems absurd: about $3,708 per second. For the majority of the world’s population, this is the equivalent of a full month’s salary, which Musk earns in a single second.

The source of this enormous growth

The wealth increase mainly stems from two sources: the strong appreciation of Tesla’s stock and future projects in artificial intelligence and space technology. Tesla’s stock is the primary driver of his wealth. The successes of SpaceX in the space sector and the xAI initiative in AI further support the positive wealth dynamics.

A matter of perspective

To grasp the scale of these numbers: while ordinary people might need decades or centuries to save a certain amount of wealth, Elon Musk earns this amount in just a few days or weeks. His daily wealth growth of $320.5 million highlights the extreme concentration of wealth in the modern global economy and raises questions about wealth inequality.