In a surprising turn of events reminiscent of high-stakes espionage, Elon Musk, the wealthiest individual in the world, goes by the alias "Voyager" within his security team. This detail, uncovered in a report by The New York Times, sheds light on the intricate security measures Musk implements due to his considerable wealth and public standing.
Elon Musk's Security Measures: Elon Musk's approach to personal security has undergone significant changes over time. While initially he was known for leading a low-key lifestyle with minimal security, by 2014, as his wealth and prominence grew, he adopted a more intensive security protocol. This shift involved a rotating group of security personnel dedicated to assessing potential threats and ensuring his safety.
Musk's current security team consists of up to 20 bodyguards, some armed, and a medical professional. This comprehensive team is responsible for protecting Musk around the clock, reflecting the heightened risks associated with his roles as CEO of Tesla and SpaceX, as well as his status as the world's wealthiest individual with a net worth exceeding $250 billion.
Cost of Elon Musk’s Security: The expenses linked to Musk's security are substantial. Reports suggest that in January 2016, Musk's security costs surpassed $163,000. The overall expenditure on security in recent years is significant, with Tesla's SEC filings indicating that Musk's security company billed $2.4 million in 2023 and an additional $500,000 through February 2024. These figures underscore Musk's financial commitment to ensuring his safety.
Besides personal security, Musk has also made investments in other protective measures. For instance, in 2022, Musk allegedly acquired a new residence to avoid public scrutiny of his previous address. The new property boasts 24/7 security, showcasing Musk's proactive approach to preserving his privacy and security.
Comparisons with Other Tech Tycoons: Musk is not alone in prioritizingSecurity is a common priority among top tech leaders. In 2023, a significant portion of Mark Zuckerberg’s compensation at Meta was allocated to personal security expenses. Similarly, Apple invested heavily in security and travel costs for CEO Tim Cook, aligning with a broader trend seen among high-profile executives. Tesla has responded to threats by intensifying its security procedures, such as implementing stricter badge checks following a death threat against former CFO Zachary Kirkhorn. Additionally, the company has cooperated with law enforcement to address various reported terror threats.
