How Elon Musk Makes And Spends His $20.1 Billion

Elon Musk has a net worth of close to $20 billion. As CEO of Tesla and SpaceX, Musk is an influential entrepreneur in the world of tech. Here’s how he makes and spends his fortune.

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How Elon Musk Makes and Spends His $20.1 Billion

SpaceX launches 60 little satellites, more to come

SpaceX has launched 60 tiny satellites, the first of hundreds and even thousands that founder Elon Musk plans to put in orbit for global internet coverage. (May 24)

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Tesla car blows up in flames in China

Elon Musk’s #Tesla has sent a team to investigate a Chinese viral video, purportedly showing one of its electric cars spontaneously combusting and going up in #flames in an indoor parking lot in #China.

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Elon Musk arrives at federal court in NYC

Tesla’s CEO Elon Musk said he has “great respect for the justice system” before heading into a federal court hearing in Manhattan Thursday. (April 4)

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Why China Could Make Or Break Tesla

In January, Tesla started building a Gigafactory in China, the company’s first outside of the United States. Elon Musk says that Model 3s will be coming out of China by the end of 2019, but Tesla is known for setting unrealistic goals. The Chinese government provides subsidies for manufacturers who build electric cars, so Tesla will be entering a competitive space. In the video above, Business Insider’s senior finance correspondent, Linette Lopez, breaks down what Tesla could lose or gain in China. 

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Why China Could Make Or Break Tesla

What Tesla Fans Should Know About The New Roadster

In late 2017, Elon Musk revealed to the world the prototype for Tesla’s next-generation Roadster. Musk claims it will be the fastest production car ever developed. Manufacturing for the supercar is scheduled to begin in 2020. Business Insider’s Tesla reporters are here to explain the most important things to know about the automaker’s upcoming second-generation Roadster.

For more, check out: https://www.tesla.com/roadster

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What Tesla Fans Should Know About The New Roadster

How 9 Billionaires Start Their Mornings

Getting up in the morning is hard for everyone — even billionaires! Both Jeff Bezos and Warren Buffett prioritize sleep aiming to get 8 hours per night. Oprah and Jack Dorsey meditate and exercise before starting their days.

Following is a transcript of the video:

Oprah’s morning is very involved. The first thing she does when she rises at seven o’clock is brush her teeth before taking her five dogs for a walk. While she waits for her espresso to brew, she reads a card from her ‘365 Gathered Truths’ box. Then, she turns to an app on her phone to read her daily Bowl of Saki. Next, she meditates followed by an hour long workout in the hills of her backyard.

Elon Musk’s morning is not as calm as Oprah’s. He also wakes up at seven, but he gets right to business. Elon spends half an hour reading and responding to critical emails while drinking coffee. He says he’s too busy for breakfast. After sending his five sons to school he showers, then drives to work. Sounds about right for someone who works up to 120 hours a week.

Twitter founder Jack Dorsey says he gets out of bed 5:00 a.m. He meditates for 30 minutes and then completes a seven-minute workout three times. After that, he has his morning coffee and then checks in.

Warren Buffett likes to sleep. He says he usually sleeps a full eight hours a night. He reportedly wakes up at 6:45 a.m. and starts his day reading newspapers like the Wall Street Journal and USA Today.

Jeff Bezos also values his sleep. He says he makes it a priority. However, Bezos reportedly wakes up naturally, without an alarm. He likes to hold high-IQ meetings in the morning before lunch, ideally at 10:00 a.m.

Bill Gates starts his day with cardio. The New York Times reported that Gates would spend an hour on the treadmill while watching educational DVDs. He says he enjoys Cocoa Puffs cereal but his wife, Melinda, says he doesn’t eat breakfast.

Many of us cannot imagine a morning without coffee, but Sara Blakely can. The founder of Spanx says she’s never had a cup of coffee. Instead, she drinks a smoothie made of frozen wild berries, dark cherries, kale, dates, cinnamon, spinach, cilantro, fresh mint, lemon, water, ice, chia, and walnuts. Blakely also tries to get a yoga session in at 6:30 a.m. before taking her kids to school.

Mark Zuckerberg stays true to his brand. The first thing he does is check his phone in bed.

Mark Zuckerberg: The first I do is look at my phone. I look at Facebook.

Jerry Seinfeld: Right.

Zuckerberg: Right to see — to see what’s going on in the world.

Seinfeld: Right, right.

Zuckerberg: And I check my messages. I look at Messenger and WhatsApp.

He also says he doesn’t like wasting time on small decisions which is why he wears pretty much the same outfit everyday.

Anastasia Soare is the founder of makeup brand Anastasia Beverly Hills. She also reaches for her phone when she wakes up at 7:00 a.m. Apparently, Instagram is the first app she checks every morning. She always has two cups of black coffee and eats a light breakfast while answering emails. Her personal trainer comes to her house most days and she exercises for an hour. And of course, she never leaves her house without doing her eyebrows.

MORE BILLIONAIRE CONTENT:
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How 9 Billionaires Start Their Mornings

AP Top Stories December 19 A

(19 Dec 2018) Here’s the latest for Wednesday December 19th: Senate passes criminal reform bill; Michael Flynn sentencing postponed; Congress members investigating migrant girl’s death tour Border Patrol station; Elon Musk unveils L.A. tunnel plan.

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