In a surprising turn reminiscent of high-stakes espionage, Elon Musk, the wealthiest person in the world, goes by the code name "Voyager" among his security team. This revelation, uncovered in a report by The New York Times, provides insight into the extensive security measures Musk implements due to his substantial wealth and public prominence.
Elon Musk's security practices have evolved significantly over time. Initially associated with a modest lifestyle and minimal security, Musk made a shift to a more robust security protocol in 2014 as his wealth and influence grew. This new approach included a rotating team of up to 20 bodyguards, some armed, and a medical professional dedicated to managing potential threats and ensuring Musk's safety. These measures reflect the increased risks he faces as the CEO of Tesla and SpaceX, as well as the richest individual globally with a net worth exceeding $250 billion.
The expenses related to Musk's security are substantial. Reports indicate that in January 2016 alone, his security costs surpassed $163,000. Recent financial disclosures from Tesla reveal that Musk's security company billed $2.4 million in 2023 and an additional $500,000 through February 2024. These figures underscore the financial investment Musk has made to protect himself.
Beyond personal security, Musk has invested in other protective measures. In 2022, he reportedly purchased a new residence to avoid public scrutiny of his previous address. The new property is equipped with 24/7 security, demonstrating Musk's proactive steps to safeguard his privacy and safety.
While Musk is not the only tech mogul to prioritize security, his meticulous approach to protection stands out among his peers.The importance of security is evident among various technology leaders. In 2023, Mark Zuckerberg's main compensation at Meta was related to personal security expenses. Similarly, Apple invested substantially in providing security and covering travel costs for CEO Tim Cook, reflecting a larger trend among prominent executives. Tesla has also enhanced its security protocols following threats, such as a death threat against former CFO Zachary Kirkhorn. Measures taken by Tesla included stricter badge checks at its facilities and responding to multiple terroristic threats reported to law enforcement.