Nikola Tesla Net Worth 2017: Short Bio & Wiki

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Nikola Tesla Net Worth, Biography & Wiki 2017

Nikola Tesla was born on the 10th July 1856, in Smiljan, Austrian Empire of Serbian American descent, and was a physicist, inventor and electronic engineer. Tesla is recognized as one of the most important scientists of the 19th century and early 20th century, having invented the alternating current motor, which sparked the spread of AC power to ordinary consumers. He passed away in 1943.

How much was the net worth of Nikola Tesla? It has been estimated by authoritative sources that the outright size of his wealth was as much as $1,000, converted to the present day.


Nikola Tesla Net Worth $1,000

To begin with, he was born in the small town of Smiljan in the Lika region of the Austrian Empire (now in Croatia). Nikola was educated at Karlovac Gymnasium, and then graduated from the Technical University Graz. He became an American citizen in 1891. He stood behind the world’s first AC (the modern alternating current electric supply system) that he proclaimed in a speech at an American university in 1888.

Concerning Tesla’s career, at first he worked for Thomas Edison in the department of the repair and development of various machines. It is said that in 1885 Tesla offered to make Edison’s generators more efficient, to which Edison suggested $50,000 for Tesla. However, after Tesla had spent two months on improving the generators, Edison claimed that he had played a joke on him. This made Tesla furious, and although Edison offered almost twice the salary, Tesla resigned the same day. Afterwards, they went their separate ways and became bitter rivals.

It should be noted that Tesla developed an induction motor, and the modern alternating current electric supply system, and he has also experimented with X-rays. In 1900, Tesla began construction of a laboratory, Wardenclyffe Tower, but the stock market in USA cracked that year and Tesla’s main sponsor, John Pierpont Morgan could no longer support him, which halted construction of Wardenclyffe Tower. In 1903, Wardenclyffe Tower was finished, though not completely, and in 1917 it had to be closed and demolished. Furthermore, Tesla made many other inventions particularly involved with electricity. One of Tesla’s greatest inventions was the radio, however, he received credit for it only after his death. Most sites still claim that Italian Guglielmo Marconi was the inventor of the radio, but when he launched his invention in 1895, it was based on the attempt that Tesla had made two years previously. Marconi denied, however, that he had any knowledge of Tesla’s experiments, so he managed to appear as the inventor of radio. In 1943, a few months after Tesla’s death, the Supreme Court of USA announced that it was Tesla who was the actual inventor of the radio.

It is worth saying that the unit of magnetic field strength measurement is named after Tesla. The vehicle company Tesla Motors, producing electric cars and based in California, is also named after him. The IEEE Nikola Tesla Award is also named for him, and is a reward for contribution to the utilization or generation of electric power.

Finally, in the personal life of the inventor, he was never married. Nikola Tesla passed away because of coronary thrombosis at the age of 86 in January 1943, in New York City, USA.

Quick Facts

Birth date: July 10, 1856, Smiljan, Croatia
Death date: January 7, 1943, Wyndham New Yorker Hotel, New York City, New York, United States
Height:6' 2" (1.88 m)
Profession:Inventor, Engineer, Physicist
Education:Karlovac Gymnasium, Technical University Graz
Nationality:Serbian-American, Austrian
Awards:The IEEE Nikola Tesla Award, Tesla Motors, American electric car manufacturer, Tesla, Electrotechnical conglomerate (former Czechoslovakia), The Tesla Society (1956)
Books:"My Inventions: The Autobiography of Nikola Tesla" (1919), "The Inventions, Researches, and Writings of Nikola Tesla" (1893), "The Problem of Increasing Human Energy" (1990), "The True Wireless" (1919)

Interesting Facts

1Inducted into the National Inventors Hall of Fame in 1975.
2Inducted into the International Lineman Hall of Fame in 2007.
3A museum in honor of his work, known as the Nikola Tesla Museum is located in Belgrade, Serbia. It holds more than 160,000 original documents and works of Tesla, as well as a Urn with Tesla's ashes.
4The rock band Tesla is named after him.
5Screenwriter/Producer Gregory Crosby is developing a feature motion picture based on his life.
6Worked for Thomas Edison for a long time. The "War of the Currents" begins with these two rivals, Tesla in the end winning when his Alternating Current surpassed Edison's DC.
7His Obsessive-Compulsive Disorder (OCD), which was not a classified illness in his time but considered a symptom of insanity, made him obsess over the number three where every hotel he stayed at had to include a 3, he would always sit at the same table at his hotel restaurants, have 18 napkins brought over so he can clean his silverware, plates, and glasses due to his great fear of germs so he never shook hands with people, also before entering a building he would circle the block 3 times. He was disgusted by anyone else's hair, he hated jewelry especially pearl necklaces, and loathed perfume. He had so many phobias he couldn't engage into relationships with women and he remained celibate all his life.
8He discovered X-rays years before Wilhelm Roentgen, invented the radio before Guglielmo Marconi, who would receive the Nobel Prize for it, and worked on inventing machines that ran on renewable resource, such as solar power and hydroelectricity, he contributed to robotics with his invention of a remote controlled motorboat, supposedly contributed to nuclear explosives with the Manhattan Project, and he dreamed of inventing a machine that would end war, since his father instilled in him a great loathing of war, and as a result he invented a particle beam ("death ray") which may have lead to his demise when the schematics of his death ray went missing from his hotel room where he supposedly died of heart failure.
9Appeared on the cover of Time magazine (was chosen for man of the year) on July 20, 1931.
10There is a bronze statue of him sitting with a book on his lap in Niagara Falls State Park on Goat Island, New York (placed 1976). A similar statue is placed in front of E.T.F. (Electro Technical Faculty) university of Belgrade, Serbia. Also there is another one with Tesla standing in Queen Victoria Park on the Canadian side of the Niagara Falls.
11His father Milutin was a Serbian Orthodox priest (it is a common custom in Orthodox Christianity that priests can be married).
12Was good friends with Mark Twain.
13The Tesla crater on the far side of the moon and planetoid 2244 Tesla are named in tribute of him. Also the SI unit for measuring magnetic flux density or magnetic induction the Tesla was named after him (symbol T).
14Belgrade airport was renamed 'Belgrade Nikola Tesla Airport' in honor of Tesla's 150th birthday on July 10, 2006.
15Honoring his work in the summer of 2003 started a Silicon Valley automobile company by the name of Tesla Motors, Inc. focused on the production of high performance, consumer-oriented electric vehicles.
16His great admirer is actor/director/producer Eli Roth.
17His image is on the current 100 Serbian dinar banknote.
18Tesla was fluent in many languages besides his native Serbian, he also spoke English, French, German, Italian, Czech, Hungarian and Latin.
19Serbian scientist, inventor, physicist, mechanical and electrical engineer.


1The Secretary of Hygiene or Physical Culture will be far more important in the cabinet of the President of the United States who holds office in the year 2035 than the Secretary of War.
2There is no memory or retentive faculty based on lasting impression. What we designate as memory is but increased responsiveness to repeated stimuli.
3The earth is bountiful, and where her bounty fails, nitrogen drawn from the air will refertilize her womb. I developed a process for this purpose in 1900. It was perfected fourteen years later under the stress of war by German chemists.
4We have soon to have everywhere smoke annihilators, dust absorbers, ozonizers, sterilizers of water, air, food and clothing, and accident preventers on streets, elevated roads and in subways. It will become next to impossible to contract disease germs or get hurt in the city, and country folk will got to town to rest and get well.
5All knowledge or form conception is evoked through the medium of the eye, either in response to disturbances directly received on the retina or to their fainter secondary effects and reverberations. Other sense organs can only call forth feelings which have no reality of existence and of which no conception can be formed.
6The feeling is constantly growing on me that I had been the first to hear the greeting of one planet to another.
7The universal utilization of water power and its long-distance transmission will supply every household with cheap power and will dispense with the necessity of burning fuel. The struggle for existence being lessened, there should be development along ideal rather than material lines.
8Of the various branches of electrical investigation, perhaps the most interesting and immediately the most promising is that dealing with alternating currents.
9When a coil is operated with currents of very high frequency, beautiful brush effects may be produced, even if the coil be of comparatively small dimensions. The experimenter may vary them in many ways, and, if it were nothing else, they afford a pleasing sight.
10As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway.
11I have already demonstrated, by crucial tests, the practicability of signaling by my system from one to any other point of the globe, no matter how remote, and I shall soon convert the disbelievers.
12We wind a simple ring of iron with coils; we establish the connections to the generator, and with wonder and delight we note the effects of strange forces which we bring into play, which allow us to transform, to transmit and direct energy at will.
13The harness of waterfalls is the most economical method known for drawing energy from the sun.
14The trend of opinion among eugenists is that we must make marriage more difficult. Certainly no one who is not a desirable parent should be permitted to produce progeny.
15From my childhood I had been intended for the clergy. This prospect hung like a dark cloud on my mind.
16The history of science shows that theories are perishable. With every new truth that is revealed we get a better understanding of Nature and our conceptions and views are modified.
17I constructed a laboratory in the neighborhood of Pike's Peak. The conditions in the pure air of the Colorado Mountains proved extremely favorable for my experiments, and the results were most gratifying to me.
18Archimedes was my ideal. I admired the works of artists, but to my mind, they were only shadows and semblances. The inventor, I thought, gives to the world creations which are palpable, which live and work.
19Electrical science has disclosed to us the more intimate relation existing between widely different forces and phenomena and has thus led us to a more complete comprehension of Nature and its many manifestations to our senses.
20The spread of civilization may be likened to a fire; first, a feeble spark, next a flickering flame, then a mighty blaze, ever increasing in speed and power.
21By an irony of fate, my first employment was as a draughtsman. I hated drawing; it was for me the very worst of annoyances. Fortunately, it was not long before I secured the position I sought, that of chief electrician to the telephone company.
22I myself eschew all stimulants. I also practically abstain from meat.
23The newspapers of the twenty-first century will give a mere 'stick' in the back pages to accounts of crime or political controversies, but will headline on the front pages the proclamation of a new scientific hypothesis.
24If we want to reduce poverty and misery, if we want to give to every deserving individual what is needed for a safe existence of an intelligent being, we want to provide more machinery, more power. Power is our mainstay, the primary source of our many-sided energies.
25Every living being is an engine geared to the wheelwork of the universe. Though seemingly affected only by its immediate surrounding, the sphere of external influence extends to infinite distance.
26The scientists of today think deeply instead of clearly. One must be sane to think clearly, but one can think deeply and be quite insane.
27I do not think you can name many great inventions that have been made by married men.
28With ideas it is like with dizzy heights you climb: At first they cause you discomfort and you are anxious to get down, distrustful of your own powers; but soon the remoteness of the turmoil of life and the inspiring influence of the altitude calm your blood; your step gets firm and sure and you begin to look - for dizzier heights.
29The scientific man does not aim at an immediate result. He does not expect that his advanced ideas will be readily taken up. His work is like that of the planter - for the future. His duty is to lay the foundation for those who are to come, and point the way.
30There is no conflict between the ideal of religion and the ideal of science, but science is opposed to theological dogmas because science is founded on fact. To me, the universe is simply a great machine which never came into being and never will end. The human being is no exception to the natural order. Man, like the universe, is a machine.
31Though we may never be able to comprehend human life, we know certainly that it is a movement, of whatever nature it be. The existence of movement unavoidably implies a body which is being moved and a force which is moving it. Hence, wherever there is life, there is a mass moved by a force. All mass possesses inertia; all force tends to persist.
32In the twenty-first century, the robot will take the place which slave labor occupied in ancient civilization.
33Today's scientists have substituted mathematics for experiments, and they wander off through equation after equation, and eventually build a structure which has no relation to reality.
34There is no doubt that some plant food, such as oatmeal, is more economical than meat, and superior to it in regard to both mechanical and mental performance. Such food, moreover, taxes our digestive organs decidedly less, and, in making us more contented and sociable, produces an amount of good difficult to estimate.
35Electrical science has revealed to us the true nature of light, has provided us with innumerable appliances and instruments of precision, and has thereby vastly added to the exactness of our knowledge.
36Modern science says: 'The sun is the past, the earth is the present, the moon is the future.' From an incandescent mass we have originated, and into a frozen mass we shall turn. Merciless is the law of nature, and rapidly and irresistibly we are drawn to our doom.
37In a time not distant, it will be possible to flash any image formed in thought on a screen and render it visible at any place desired. The perfection of this means of reading thought will create a revolution for the better in all our social relations.
38The human being is a self-propelled automaton entirely under the control of external influences. Willful and predetermined though they appear, his actions are governed not from within, but from without. He is like a float tossed about by the waves of a turbulent sea.
39It seems that I have always been ahead of my time. I had to wait nineteen years before Niagara was harnessed by my system, fifteen years before the basic inventions for wireless which I gave to the world in 1893 were applied universally.
40Let the future tell the truth, and evaluate each one according to his work and accomplishments. The present is theirs; the future, for which I have really worked, is mine.
41Our virtues and our failings are inseparable, like force and matter. When they separate, man is no more.
42The year 2100 will see eugenics universally established. In past ages, the law governing the survival of the fittest roughly weeded out the less desirable strains. Then man's new sense of pity began to interfere with the ruthless workings of nature. As a result, we continue to keep alive and to breed the unfit.
43It is paradoxical, yet true, to say, that the more we know, the more ignorant we become in the absolute sense, for it is only through enlightenment that we become conscious of our limitations. Precisely one of the most gratifying results of intellectual evolution is the continuous opening up of new and greater prospects.
44I do not think there is any thrill that can go through the human heart like that felt by the inventor as he sees some creation of the brain unfolding to success... such emotions make a man forget food, sleep, friends, love, everything.
45I can also say that, in my heart, I firmly believe... Since my youth, before bedtime, kneeling on my bare knees, I prayed to God. I prayed that way until I reached the age of 50. From that time onwards, I pray a bit different, but it doesn't matter, the essence is the same, and I pray to God every day.
46I am equally proud of my Serbian origin and my Croatian fatherland.


Archive Footage

Archive Footage

Forbidden History2014TV Series documentaryHimself
10 Things You Don't Know About2014TV Series documentaryHimself
Into the Zone: The Story of the Cacophony Society2012DocumentaryHimself
Is It Real?2007TV Series documentaryHimself
Tesla: Master of Lightning2000TV Movie documentaryHimself
Modern Marvels2000TV Series documentaryHimself

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