Loading... Autoplay When autoplay is enabled, a suggested video will automatically play next. Yes, Elon Musk really did spend a tick below $1 million to buy the Lotus Esprit-based submarine that was used in the James Bond film, ... holiday gift guide, Elon Musk… We estimate that so far he has given about $100 million to charitable causes. You can send me a secure tip at forbes.com/tips or submit sensitive documents anonymously and securely at SafeSource.forbes.com.The Musk Foundation has made 350 contributions since 2002, with roughly half, or about $17 million, going to nonprofits focused on scientific research or education—including Ad Astra (Latin for “to the stars”), the experimental private school on the SpaceX campus that Musk cofounded in 2014, which was attended by his children as well as some children of SpaceX employees. Prior to joining the wealth team, I oversaw the Forbes Media and Entertainment section as Assistant Editor, running our highest-paidYC Org was the funding vehicle for OpenAI, a nonprofit cofounded by Musk and Altman in 2015 to “advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return." In order to give away half of his $68 billion fortune For this year’s Forbes 400 list, we changed the methodology for our philanthropy score to look at the total dollar amount of gifts that have reached charitable organizations, rather than counting dollars given to charitable foundations. With a net worth rivaling the GDP of many small countries and a penchant for a lifestyle that’s equal parts Tony Stark and Thomas Edison, In 2018, he 4.5 out of 5 stars (135) 135 reviews. Feel free to get in touch: hcuccinello(at)forbes(dot)com. Because he’s given away less than 1% of his net worth, he received a philanthropy score of 1.Musk's alma mater, University of Pennsylvania, is one of his foundation's beneficiaries.Patrick Pleul/Getty Images. SpaceX designs, manufactures and launches advanced rockets and spacecraft. TESLA Motors Logo T shirt | Electric car Elon Musk | Model 3 X S | SpaceX | Tesla gifts | Shirt for him Dad | Birthday Shirt | Motor Tech Devottees. Come check out our giant selection of T-Shirts, Mugs, Tote Bags, Stickers and More. Musk has donated about $25 million to nonprofit groups through his Musk Foundation since he launched the foundation in 2002. We’re going to Prior to joining the wealth team, I oversaw the Forbes Media and Entertainment section as Assistant Editor, running our highest-paid authors, radio hosts, magicians and comedians lists. (According to its LinkedIn profile, the school stopped its operations this year and spun off a new school, AstraNova, in Los Angeles.) Would you purchase any of these insane items if you had the money? Bespoke spoke with Although Musk has explicitly said on multiple occasions that Fungus Coffins Let People 'Feed Earth' with Their BodiesAdam Savage Shows Off His First Lightsaber Build7 Ludicrous Holiday Gifts For Nerds Who Want to Live Like Elon MuskHere’s a cold, hard fact: Tech billionaires like Musk are always nerds. Reindeer Herders Discover Fully Intact Ice Age BearWhat do you think about these gift ideas for Musk and other tech-adventurer billionaires? As part of that effort, we traced how far along Musk is in his quest to fulfill his pledge. Elon Musk Gift. Then as Tesla stock fell a bit earthward, he dropped down to $87.9 billion on September 4.Here’s what we know about his giving so far. The company was founded in 2002 to revolutionize space technology, with the … Design by ForbesMusk ranks seventh on the new 2020 Forbes 400 list of richest Americans, with a net worth of $68 billion thanks to Tesla stock’s enormous market cap. the giant mech Bezos piloted at MARS Conference 2017?Some Stunning Photos Capturing Dazzling Cosmic Phenomena100-Million-Year-Old Giant Sperm Found Fossilized in AmberAlpha will be closing on March 31. You may opt-out by Musk is a famously cash-poor billionaire. I've previously written for Bustle, Fusion, SheKnows and the Huffington Post. $18.99 from Amazon. Up next Edward Snowden: How Your Cell Phone Spies on You - … Give us your thoughts in the comments below!This Solar Powered Game Boy Could Run ForeverA New Reality Show Will Send Its Winner to Spacehe doesn’t think flying cars will be a scalable solution It would make a great gift for any fan of Elon Musk or Tesla Motors. CafePress brings your passions to life with the perfect item for every occasion. From shop Devottees. For any dust-ups that may occur there’s a bulletproof suit, offered by Toronto-based custom-suit maker Garrison Bespoke. Unisex T-shirt. I also edit the 30 Under 30 U.S. Media list and the 30 Under 30 Europe Retail & Ecommerce list. Tribute to SpaceX and Elon Musk and their successful launch of the Falcon Heavy. So any one of them would be more than happy to have this The foundation’s largest contribution to date was a $10 million grant to YC Org, an entity affiliated with Y Combinator founder Sam Altman, in 2016. Looking for the ideal Elon Musk Gifts? All Rights ReservedI am a wealth reporter at Forbes. © 2020 Forbes Media LLC. Musk Musk has also made widely-publicized gifts of This is a BETA experience. Nearly all of his wealth, save for a few homes, is tied up in his stakes in Tesla and SpaceX, and he has pledged about half of his Tesla stock as collateral for loans. If you are not a current AlphaHubble Snaps Crisp Images of Megastorm on JupiterNew Evidence Suggests Diamond Exoplanets May ExistHacker Turns LEGO Mario into SUPER MARIO BROS. ControllerYou know when you were a kid and your friend got something cool, so you had to get that exact same cool thing to keep up? Elon Musk Mars Pop Art District Unisex T-Shirt perfect gift for anyone who loves science, space, rockets. The organization’s Impact 50: Investors Seeking Profit — And Pushing For ChangeOther beneficiaries include the University of Pennsylvania (Musk’s alma mater), the Wikimedia Foundation (which hosts Musk’s It’s clear that if Musk really wants to meet his Giving Pledge promise, he has his work cut out for him.