Elon Musk made an average of $383 million every single day between April 2020 and April 2021; to become a trillionaire in 5 years if last year’s trajectory were to continue

Tesla CEO Elon Musk is currently the second richest person in the world and bitcoin’s biggest influencer. As we noted last week, cryptocurrency lives and dies by Elon Musk’s tweets. While some crypto investors accused Musk of abandoning bitcoin after Tesla made about $1 billion in profit on its bitcoin investment, what many may not know is that Elon Musk’s wealth actually took off before Tesla invested $1.5 billion in bitcoin in February.

For example, at the start of 2020, Musk’s net worth was only $27 billion. By the end of that same year, his net worth had increased by $150 billion. That’s not all. In April 2020, Musk’s wealth grew by a whopping $39 billion in just 5 days. Besides, between April 2020 and April 2021, Elon Musk made an average of $383 million every single day.

In November 2020, Musk passed Facebook co-founder Mark Zuckerberg to become the third-richest person in the world. Then a week later he also passed Microsoft co-founder Bill Gates to become the second-richest.

Then on January 7, 2020, Musk became the world’s richest person with a net worth of more than $185 billion, surpassing Amazon founder Jeff Bezos. Bezos reclaimed the top spot the following month. According to an analysis by Business Insider, if last year’s trajectory were to continue, Musk will become a trillionaire within 5 years.

So, how did Elon Musk make his money since he does not receive a salary from Tesla? Musk has ownership of around 20% of Tesla stock. About 75% of Musk’s wealth comes from Tesla. Below is a Twitter video of how Musk made his money. Thanks to Business Insider for putting the video together.

We compared Elon Musk's extreme wealth to everything from Kazakhstan's GDP to the market cap of McDonald's pic.twitter.com/vPe2aIwCIj

— Insider (@thisisinsider) June 4, 2021