How Long Did It Take Elon Musk To Become A Billionaire?

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Elon Musk started his first software company, Zip2, back in 1995.

He sold that company in 1999 for $300 million, and used his profits to start Paypal, SpaceX and to acquire Tesla.

According to Forbes, Musk became a billionaire in 2012 after Tesla unveiled the Model X, sending Tesla’s market cap soaring to $3.86 billion, and the value of Musk’s stake in the company to just over $1 billion.

So, all in all, it took Musk about 18 years to reach billionaire status after starting his first company.

Since then, Musk has held the title of the world’s richest man, and he’s done it by investing his time and money in companies like SpaceX, Tesla, Neuralink, the Boring Company and Starlink.

Musk is even known to dabble in crypto. He recently made waves by making Dogecoin the profile pick on his twitter handle. And twitter has introduced a new feature called NFT tweet tiles that allows twitter users to easily share, sell and trade NFT’s, which left many wondering if Musk was about to shake up this emerging art market.

And while crypto has rebounded over the last few months, there’s still a lot of volatility in the sector.

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And while NFTs have been around for single-digit years, physical art

has been around for centuries, building an impressive track record that’s outpaced the S&P 500, real estate and gold over the last 27 years.

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See important disclosures: Masterworks