uniladtech homepage
  • News
    • Tech News
    • AI
  • Gadgets
    • Apple
    • iPhone
  • Gaming
    • Playstation
    • Xbox
  • Science
    • News
    • Space
  • Streaming
    • Netflix
  • Vehicles
    • Car News
  • Social Media
    • WhatsApp
    • YouTube
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
TikTok
Snapchat
WhatsApp
Submit Your Content
How soon Elon Musk would run out of money if he spent $1,000,000 a day is blowing people's minds
Home>News
Published 16:55 24 Sep 2024 GMT+1

How soon Elon Musk would run out of money if he spent $1,000,000 a day is blowing people's minds

It would take a lot of years to bring Musk's wallet to zero

Rebekah Jordan

Rebekah Jordan

google discoverFollow us on Google Discover
Featured Image Credit: Jared Siskin / Contributor / NurPhoto / Contributor / Getty
Elon Musk
Tesla
SpaceX
Nasa

Advert

Advert

Advert

To think of the wealthiest people in the world today, your mind would turn to Elon Musk, Jeff Bezos and Bill Gates.

While some live more modest or philanthropic lives than others, you can't deny their wealth.

Musk has his hand in several billion-dollar projects.

For starters, his Tesla business has a net worth of $798.66 billion manufacturing electric vehicles.

Advert

Then, his SpaceX project is potentially partnering with US space agency NASA to properly dispose of the International Space Station when the time comes.

Jared Siskin / Contributor / Getty
Jared Siskin / Contributor / Getty

A lot of Musk's wealth also comes from his investments in the stock market.

But just how many days would it take for Elon Musk to go broke if he spent $1 million every day?

According to Forbes’ real-time billionaire list, the tech billionaire's current net worth is around $263.9 billion, and he’s on track to become the world’s first trillionaire by 2027. So, it would definitely be a long period of time.

Surprisingly, if Musk spent $1 million every single day, taking no breaks he would last an astonishing 610 years.

This is over 120 years more than Jeff Bezos would last, given that his net worth is currently $177 billion. It would take 484.9 years for the Amazon CEO to go broke.

It's also worth mentioning that Musk has a lot of his money tied up in investments, so while he could spend $1 million a day, he might actually have it last even longer since his assets would still be passively earning him money.

NurPhoto / Contributor / Getty
NurPhoto / Contributor / Getty

I'm not sure how most people would spend one million dollars every day, but maybe we could learn a thing or two from Universal Pictures' Brewster's Millions.

People have been flooding the comments of the post by thetrillionairelife on Instagram, amazed by Musk's wealth.

"This guy is loaded... holy," one Instagram user exclaimed.

"He's spending a lot more than that on a daily basis," another commented.

"His one second salary can fix my whole problem," wrote another.

Others took a more humorous approach saying: "Elon, can you please spot me a few?" and "Can i have some of that sir".

An Instagram user boldly added: "If he gives $1m to every single human, he will go broke".

Choose your content:

6 hours ago
8 hours ago
11 hours ago
  • Sophia Floerchinger/Getty Images
    6 hours ago

    Near death experience scientist says 'hellish' death loops are real and reveals proof of 'God's simulation'

    The expert believes there is a way to be saved from a hell-like realm of the simulation

    Science
  • Brendan SMIALOWSKI/AFP via Getty Images
    8 hours ago

    Elon Musk shares wild reason his son Saxon left restaurant dead silent

    Musk's son made a strange request at a 'strict' sushi restaurant

    News
  • Andrew Brookes / Getty
    11 hours ago

    Why you should always assume you will be hacked according to security expert

    Internet safety will soon feel a lot less safe thanks to AI

    News
  • Twitch/extraemily
    11 hours ago

    Streamer nearly gets into car crash after looking at Twitch chat while driving in uncomfortable footage

    ExtraEmily filmed herself almost crashing into another car while driving

    News
  • Elon Musk’s SpaceX is borrowing even more money despite reporting $100B cash balance
  • How Elon Must lost trillionaire status just days after hitting insane milestone
  • Elon Musk is planning to make huge change to the US' biggest cell networks with SpaceX
  • I bought into the historic SpaceX IPO, then watched Elon Musk lose $350B in a single week