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Elon Musk and Grimes just welcomed their baby boy. Here\'s how the eccentric CEO makes and spends his $38.2 billion fortune.

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Update time : 2020-06-02 09:18:34

  • The Tesla and SpaceX CEO Elon Musk and Canadian recording artist Grimes welcomed a baby boy above Monday night. Musk tweeted that they'd named the baby "X Æ A-12."

  • Despite having a fate of mouths ought feed, Musk won't accept any figure of payment or compensation from Tesla until the electric automaker reaches a $100 billion fair cap, he said at January 2018.

  • Musk, the owner of a $100 million real-estate portfolio, too recently vowed that he will sell "almost crude physical possessions" and "own no house" at a tweet Friday.

  • A prominent workaholic, Musk doesn't cost his money above lavish vacations or dear hobbies; he flat said he planned ought cost his 48th birthday improving Tesla's logistics.

  • Visit affair Insider's homepage because more stories.

Elon Musk and Grimes gorge a new baby boy.

The link named the baby "X Æ A-12 Musk," Musk tweeted, main fans ought meditate if the divide has a hidden meaning. Speculation approximately the pregnancy has been flying during Grimes first hinted she was expecting at a cryptic social media mail at January ago officially confirming the pregnancy around two months later. The new baby is Musk's seventh baby and Grimes' first.

Musk has a $38.2 billion fate ought backward his habitation with, despite never having taken a paycheck from Tesla. The CEO refuses his $56,000 minimum earnings each year. at January 2018, Tesla announced it used to revenue Musk nothing because the next 10 years — no salary, bonuses, or stock — until the corporation reaches a $100 billion fair cap. if and when that happens, Musk could potentially overtake Amazon CEO Jeff Bezos because the richest person at the world.

Keep reading ought discover out what we understand approximately how Musk amassed his fate and how he spends it.

Musk and Canadian singer Grimes, his on-again, off-again girlfriend, welcomed a baby boy above can 4. They named the baby "X Æ A-12 Musk," Musk tweeted.

Decades ago becoming a Father of six and amassing a $38.2 billion fortune, Musk taught himself ought code because a baby growing up at South Africa. By the time he was 12, he sold the source code because his first video sport because $500.

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