'I'm Doing My Part': Why Elon Musk Says He's 'Unusual' When It Comes To Having Children

Zinger Key Points
  • Elon Musk has called out the risk of the declining population due to the lower number of children in families.
  • Among the top 10 wealthiest people, does Elon Musk top the list with most children?

The world’s richest person continues to sound the alarm on a population collapse with a declining birth rate. Tesla Inc TSLA CEO Elon Musk told his followers on Twitter Inc TWTR that he is “unusual” when it comes to having children. Here’s what he meant.

What Happened: Musk was back on Twitter this week warning of how the U.S. birth rate is declining and has been below the minimum sustainable level for around 50 years.

Musk commented on his old post from May 24 that shared a graph showing the country being below a sustainable level of 2.1.

“Past two years have been a demographic disaster,” Musk tweeted.

In a witty remark, Musk highlighted how he has been a part of welcoming eight children into the world.

“I mean, I’m doing my part haha.”

Musk also makes a claim that might not be true by linking the wealthiest people to the number of children they have.

“This is highly unusual btw. Statistically, the richer someone is, the fewer kids they have.”

Related Link: Elon Musk Reiterates Warning About Population Collapse

Why It’s Important: Musk has called out the risk of the declining population due to the lower number of children in families. Claims of wealthy people having fewer children might not be true.

The current top 10 wealthiest people in the world have the following number of children.

  • Elon Musk: 7 (previously 8, one passed away)
  • Jeff Bezos: 4
  • Bernard Arnault: 5
  • Bill Gates: 3
  • Warren Buffett: 3
  • Larry Page: 2
  • Mukesh Ambani: 3
  • Sergey Brin: 3
  • Gautam Adani: 2
  • Steve Ballmer: 2

The average of the top 10 wealthiest people in the world is 3.6 children. The top three richest people in the world have the most children of the 10 wealthiest people in the world.

In 2021, a study from GoCompare found that of the world’s billionaires, most had three or more children with the following percentages found:

  • No children: 0%
  • 1 child: 9%
  • 2 children: 23%
  • 3 children: 25%
  • 4 children: 17%
  • 5 or more children: 21%

While Musk’s latest comments call out the U.S. birth rate, he has made similar claims to international territories.

Musk has certainly done his part to help with population control by welcoming eight children into the world, but his comments about the richest people having fewer children don’t line up at the current time.

Photo: Steve Jurvetson via Flickr Creative Commons


Posted In: childrenElon MuskFertility Ratepopulationpopulation collapseNewsTop Stories

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.