In an intriguing turn resembling high-stakes espionage, Elon Musk, the world's richest individual, goes by the alias “Voyager” within his security team, a detail unearthed in a report by The New York Times. This revelation highlights the extensive security measures Musk implements due to his immense wealth and public visibility.
Over the years, Elon Musk's approach to personal security has significantly transformed. While he initially led a modest lifestyle with minimal security, by 2014, as his wealth and prominence skyrocketed, he adopted a more stringent security framework. This shift involved a rotating group of security personnel tasked with identifying and managing potential risks to ensure Musk's safety.
Presently, Musk's security team consists of approximately 20 bodyguards, some of whom are armed, in addition to a medical professional. This comprehensive unit is responsible for his protection at all times, reflecting the increased security concerns faced by the CEO of Tesla and SpaceX, who holds the title of the world's wealthiest individual with a net worth surpassing $250 billion.
The expenses associated with Elon Musk's security are substantial. Reports indicate that in January 2016 alone, Musk's security costs exceeded $163,000. The total expenditure on security in recent years is noteworthy, with Tesla’s SEC filings revealing that Musk's security company billed $2.4 million in 2023 and an additional $500,000 through February 2024, underscoring Musk's considerable financial commitment to safeguarding his well-being.
In addition to personal security, Musk has also made investments in other protective measures. For instance, in 2022, he purportedly acquired a new property to shield his previous address from public scrutiny. The new residence is outfitted with round-the-clock security features, demonstrating Musk's proactive stance in preserving his privacy and safety.
While Musk is not the only tech magnate to prioritize stringent security measures, his elaborate security setup and financial commitment underscore the lengths he goes to ensure his well-being and protection.Security is a key focus for tech leaders, as seen with Mark Zuckerberg's compensation in 2023 being primarily for personal security expenses. Similarly, Apple has invested significantly in CEO Tim Cook's security and private travel costs, in line with a larger trend among high-profile executives. Tesla has also enhanced its security measures in response to threats, such as implementing stricter badge checks and addressing reported terroristic threats following a death threat against former CFO Zachary Kirkhorn.