Elon Musk, the billionaire entrepreneur behind companies such as Tesla and SpaceX, holds the title of both the world’s wealthiest individual and the highest-paid CEO among the Fortune 500 companies. Reports indicate that Elon Musk receives a salary surpassing that of any other CEO globally. In 2022 alone, his salary amounted to a staggering $23.5 billion, equivalent to approximately Rs 1.82 lakh crore.
Elon Musk’s salary surpasses that of other prominent executives worldwide, including Sundar Pichai, Satya Nadella, Tim Cook, and N Chandrasekaran.
In addition to his remarkable achievements, Elon Musk is also the proprietor of X Corporation, an American technology company. Established in 2023, X Corporation serves as the successor to Twitter, Inc. and operates as a wholly owned subsidiary of X Holdings Corp., which itself is under the ownership of Elon Musk.
Tim Cook, the CEO of Apple, holds the position of the second highest-paid CEO. In 2021, he received a salary of $77.05 million, equivalent to approximately 6,000 crore rupees. Jensen Huang, the co-founder and CEO of NVIDIA, follows closely in third place with a salary of $507 million. Reed Hastings, the CEO of Netflix, secures the fourth spot on the list. Notably, all the CEOs featured in this list hail from the technology and biotechnology sectors, highlighting the industry’s prominence in terms of executive compensation.
Elon Musk reigns as the wealthiest individual globally, boasting an astounding net worth of $247.2 billion, as reported by Forbes.
In his personal life, Elon Musk expresses concerns regarding population decline and has fathered a total of nine children with three different women, including triplets and two sets of twins.
During his childhood in South Africa, Elon Musk independently learned how to code. He achieved his first successful venture by selling his game, Blastar, for approximately $500.
