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CEOWORLD magazine - Latest - Lifestyle and Travel - Elon Musk: World’s Richest Person is Uniting Family Under One Roof

Lifestyle and TravelMoney and Wealth

Elon Musk: World’s Richest Person is Uniting Family Under One Roof

Since 2002, Elon Musk has fathered 12 children, though he endured a heartbreaking loss when his first child passed away from sudden infant death syndrome at just 10 weeks old. Now, Musk is setting the stage for a unique family dynamic by bringing his 11 surviving children and their mothers together in one residence. To facilitate this, he invested $35 million in two adjacent properties: a 14,400-square-foot mansion and an additional six-bedroom home, both located in Austin, Texas.

The expansive estate, styled with Tuscan-inspired architecture, sits a mere 10 minutes from Musk’s primary residence in Texas. This arrangement, Musk reportedly believes, offers his children the opportunity to grow up together while helping him manage family time more effectively.

Following his marriage to Justine Musk, the couple had five children through IVF—twins Griffin and Vivian and triplets Saxon, Damian, and Kai—before they divorced. Musk later married British actress Talulah Riley twice, though the pair had no children. From his relationship with musician Grimes, Musk fathered three more children: X, Y, and Tau. The two are now engaged in a custody dispute. Additionally, Musk welcomed twins in 2021 with Neuralink executive Shivon Zillis, with whom he has recently confirmed a third child.

Musk’s personal life coincides with a financial milestone. His wealth surged by $21 billion following a 19 percent jump in Tesla’s stock price after an impressive third-quarter earnings report. This rally—Tesla’s largest since March 2021—boosted the company’s market value by $117 billion, reflecting investors’ strong confidence in Tesla’s continued growth. With profits up 17 percent year-over-year to $2.2 billion and revenues climbing to $25.2 billion, Musk’s wealth now surpasses that of the world’s second-richest individual by a staggering $50 billion, underscoring Tesla’s powerful standing in the electric vehicle market.

 

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CEOWORLD magazine - Latest - Lifestyle and Travel - Elon Musk: World’s Richest Person is Uniting Family Under One Roof
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz