Elon Musk | $ 7.7 Billion
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Naturalized United States

Elon Musk

SpaceX, Tesla, and SolarCity

Net Worth $ 7.7 Billion
  • Birthday28th Jun, 71
  • Birth PlaceNaturalized United States
  • Marital statusDivorced
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Born as Elon Musk has an estimated net worth of $7.7 billion. He is an entrepreneur and engineer who started computer programming when he was just ten years old. Musk was able to sell his first commercial computer at 12 years old. Zip2 was the first company that he founded but was subsequently purchased by AltaVista for $340 million in cash and also stock. Later, he co-founds other companies like Tesla Motors, SpaceX, and also PayPal. It was in October 2002 when eBay acquired PayPal for $1.5 billion. His 11.7% earned him a $165 million payday. More so, he is currently the Chief Executive Officer of SpaceX, Tesla, and SolarCity. Currently, he owns about 28% of Tesla and as of August 2013 has a market cap of $18.1 billion. This means that his stake at the aforementioned company is worth more than $5 billion. This billionaire was born in Pretoria, South Africa to a Canadian mother and also a South African father. He taught himself computer programming and sold the computer code for a video game called Blastar for $500 when he was 12 years old. He used to go to Pretoria Boys High School and moved to Canada in 1988 at 17 years old. He relocated to the said country after his mother got a Canadian citizenship. Musk decided to move to Canada for several reasons. One was to avoid service in the South African military and second was that he thought it would be easier to emigrate to the United States from Canada than from South Africa. Musk graduated from the University of Pennsylvania bearing the Bachelor of Science degree in business and a second Bachelor of Science degree in Physics. He eventually moved to California to pursue a Ph.D. in Applied Physics at Stanford but left the program after two days in order to pursue his entrepreneurial aspirations in the areas of the Internet, renewable energy plus outer space.

Quotes

  • I think that's the single best piece of advice: constantly think about how you could be doing things better and questioning yourself.
  • I think it's very important to have a feedback loop, where you're constantly thinking about what you've done and how you could be doing it better.
  • I've actually made a prediction that within 30 years a majority of new cars made in the United States will be electric. And I don't mean hybrid, I mean fully electric.
  • A Prius is not a true hybrid, really. The current Prius is, like, 2 percent electric. It's a gasoline car with slightly better mileage.

Did you know?

  • Brother of Tosca Musk.
  • Chairman, Solar City.
  • He Decided to Focus on Three Area s He Thought Would Benefit Humanity.
  • He Has Also Contributed Largely to Charity.

Family & relationships

Elon Musk Estates and Homes (1)

Bel Air Home

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