In a surprising turn of events reminiscent of high-stakes espionage, Elon Musk, the wealthiest person in the world, operates under the alias "Voyager" within his security team, as revealed in a report by The New York Times. This information provides insight into the extensive security measures Musk implements due to his immense wealth and public prominence.
Elon Musk's Security Measures:
Elon Musk's approach to personal security has undergone significant changes over time. Initially known for his modest lifestyle and minimal security, Musk began to adopt a more stringent security protocol as his wealth and status grew, particularly around 2014. This transition involved a rotating team of up to 20 bodyguards, some of whom are armed, and a medical professional dedicated to managing potential threats and ensuring Musk's safety at all times. These measures reflect the increased risks faced by Musk as the CEO of Tesla and SpaceX, and as the world's richest individual with a net worth exceeding $250 billion.
Cost of Elon Musk’s Security:
The expenses related to Musk's security are considerable. Reports indicate that in January 2016 alone, his security costs surpassed $163,000. Recent figures show substantial spending on security, 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. These numbers underscore Musk's significant financial commitment to safeguarding his well-being.
Apart from personal security, Musk has also made investments in other protective measures. For instance, in 2022, it was reported that Musk acquired a new residence to avoid public scrutiny of his previous address. The new property features 24/7 security measures, highlighting Musk's proactive stance on protecting his privacy and safety.
Comparison with Other Tech Moguls:
Musk is not the only tech magnate who prioritizes personal security.Security measures are a common focus for tech leaders. In 2023, the majority of Mark Zuckerberg's compensation at Meta was for personal security expenses. A similar trend was seen with Apple's CEO, Tim Cook, whose security and travel costs were significant. Tesla has also increased security protocols in response to threats, such as implementing strict badge checks and addressing reported threats after a death threat against former CFO Zachary Kirkhorn.
