In an intriguing turn reminiscent of high-stakes espionage, Elon Musk, the wealthiest person in the world, goes by the alias “Voyager” within his security team. This revelation, unveiled in a report by The New York Times, offers insight into 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 undergone significant changes. Initially known for his modest lifestyle and minimal security, Musk shifted to a more robust security protocol in 2014 as his wealth and status grew. This transformation included a rotating group of security personnel dedicated to identifying and managing potential threats to ensure his safety.
Presently, Musk's security team consists of around 20 bodyguards, some armed, along with a medical professional. This comprehensive team is responsible for safeguarding Musk at all times, reflecting the increased risks he faces as the CEO of Tesla and SpaceX, and the wealthiest individual globally with a net worth exceeding $250 billion.
The expenditure on Musk's security is substantial. Reports show that in January 2016 alone, his security costs surpassed $163,000. Details from Tesla's SEC filings disclose that Musk's security company invoiced $2.4 million in 2023 and an additional $500,000 by February 2024. These numbers underscore Musk's significant financial investment in protecting himself.
Aside from personal security, Musk has also made investments in other protective measures. For instance, in 2022, he purportedly bought a new property to escape public scrutiny of his former residence. This new location boasts 24/7 security, underscoring Musk's proactive stance towards safeguarding his privacy and security.
Musk's emphasis on security is not unique among tech magnates.Security expenses are a common trend among tech leaders, including Mark Zuckerberg of Meta and Tim Cook of Apple. In 2023, Zuckerberg's compensation was mostly for personal security costs, while Apple spent significantly on Cook's security and private travel. Tesla also enhanced its security measures in response to threats, such as implementing stricter badge checks and addressing terroristic threats reported to law enforcement after a death threat against former CFO Zachary Kirkhorn.