In a dramatic turn resembling high-stakes espionage, Elon Musk, the wealthiest individual in the world, goes by the alias "Voyager" within his security team. This revelation, brought to light by a piece in The New York Times, unveils the extensive security measures Musk has in place due to his substantial wealth and public standing.
Over the years, Elon Musk's approach to personal security has undergone significant changes. Initially known for living a low-profile life with minimal security measures, Musk shifted towards a more robust security protocol around 2014 as his wealth and status grew. This transition involved a rotating group of security personnel focused on handling potential risks and ensuring Musk's safety.
Presently, Musk's security team consists of around 20 bodyguards, including some armed members, and a medical professional. This dedicated team is responsible for safeguarding Musk at all times, reflecting the increased level of risk he faces as the CEO of Tesla and SpaceX, as well as the wealthiest individual in the world with a net worth exceeding $250 billion.
The expenses tied to Musk's security are substantial. Reports indicate that in January 2016 alone, Musk's security costs surpassed $163,000. The overall expenditure on security in recent years is significant, with Tesla's SEC filings disclosing that Musk's security company invoiced $2.4 million in 2023 and an additional $500,000 through February 2024. These numbers underscore the financial commitment Musk has put forth to guarantee his safety.
In addition to personal security, Musk has made investments in other protective measures. For instance, in 2022, Musk purportedly bought a new property to avoid public scrutiny of his previous residence. This new home is outfitted with 24/7 security, underscoring Musk's proactive stance towards protecting his privacy and safety.
While Musk is not the sole tech magnate to prioritize enhanced security measures, his meticulous approach serves as a benchmark for others in the industry.Security is a common concern among top tech leaders. Mark Zuckerberg's compensation at Meta in 2023 primarily covered personal security expenses. Similarly, Apple spent a significant amount on CEO Tim Cook's security and private travel costs, following a trend seen in other high-profile executives. Tesla has also increased its security measures in response to threats, such as implementing stricter badge checks and addressing reported terrorist threats, including one against former CFO Zachary Kirkhorn.