In a surprising turn reminiscent of high-stakes espionage, Elon Musk, the richest person in the world, uses the alias "Voyager" within his security team. This fact, revealed in a report by The New York Times, illuminates the extensive security measures Musk takes due to his immense wealth and public prominence.
Elon Musk's Security Measures:
Elon Musk's personal security strategy has undergone significant changes over time. Initially known for his modest lifestyle and limited security measures, Musk increased his security protocols around 2014 as his wealth and influence grew. This update entailed a rotating team of up to 20 bodyguards, some armed, in addition to a medical professional, dedicated to managing potential threats and ensuring his safety. These measures reflect the heightened risks faced by Musk as the CEO of Tesla and SpaceX, and the wealthiest individual globally with a net worth surpassing $250 billion.
Cost of Elon Musk's Security:
The costs associated with Musk's security are considerable. Reports indicate that in January 2016, his security expenses exceeded $163,000. Recent figures from Tesla's SEC filings show that Musk's security company invoiced $2.4 million in 2023 and an additional $500,000 through February 2024. These numbers underscore Musk's financial commitment to safeguarding his well-being.
In addition to personal security, Musk has taken other steps to protect himself. For instance, in 2022, he reportedly acquired a new property to avoid public visibility of his previous residence. This new location is equipped with around-the-clock security, demonstrating Musk's proactive efforts to ensure his privacy and safety.
Comparisons with Other Tech Titans:
Musk is not the only tech executive who places a high emphasis on security.Security remains a top priority for tech industry leaders, as evidenced by Mark Zuckerberg's significant personal security expenses at Meta in 2023. This trend is mirrored by other executives like Tim Cook at Apple, who also incurred substantial costs for security and travel. Tesla has similarly increased its security measures in response to threats, such as implementing strict badge checks following a death threat against former CFO Zachary Kirkhorn and addressing reported terroristic threats to law enforcement.
