Elon Reeve Musk is an entrepreneur and investor. Many of his innovations appear to be straight out of a science-fiction film, but he has been responsible for major scientific breakthroughs throughout his career. He is the founder, Chief Engineer, and CEO of SpaceX, and angel investor, CEO, and Product Architect of Tesla, Inc. along with this musk is the founder of The Boring Company and the Co-founder of Neuralink and OpenAI.
Musk has an estimated net worth of around US$221.4 billion as of July 2022, according to both the Bloomberg Billionaires Index and Forbes’ real-time billionaires’ list making him the wealthiest person in the world.
Elon Musk Biography and Net Worth
| Net Worth $221.4 Billion |
| Full Name Elon Reeve Musk |
| Birth Date Jun 28, 1971 |
| Age 51 years old |
| Birthplace Pretoria, Transvaal |
| Occupation Aerospace Engineer, Entrepreneur, |
| Investor, Inventor |
| Girlfriend Grimes |
Elon Musk Early Life
Elon Reeve Musk or Elon Musk was born in Pretoria, South Africa, on June 28, 1971. He grew up in the final decades of Apartheid as the oldest of three siblings with a tremendous family name.
British-Canadian model, Maye Musk, and Errol Musk, a British electrical engineer born in South Africa, were his parents. Elon moved to South Africa with his father after his parents divorced in 1980. In 1990, he enrolled at Queen’s University in Kingston, Ontario, for his undergraduate studies. He later transferred to the University of Pennsylvania, where he earned a double major in Physics and Economics.
He holds an honorary doctorate in Design from the Art Center College of Design and an honorary doctorate in Aerospace Engineering from the ‘University of Surrey, in addition to bachelor’s degrees in physics and economics.
Elon Musk Career
To pursue a PhD in applied physics at Stanford, he moved to California, but he left after only a few days to pursue his own interests in technology and entrepreneurship. Later that year, he collaborated with his brother, Kimball Musk, to create ‘Zip2,’ a software company that provided services to high-end newspaper clients such as ‘The New York Times and ‘The Chicago Tribune.’
Following the successful sale of Zip2 to Compaq in 1999, Musk launched his next venture, an online financial service called ‘X.com.’ Shortly after acquiring a money transfer service called ‘PayPal’ through a merger, the company began to focus solely on developing this internet payment service. Because of the success of ‘PayPal,’ Musk sold his stock in the company to ‘eBay’ for $165 million.
In 2002, he invested millions of dollars in his third company, ‘Space Exploration Technologies,‘ or simply ‘SpaceX.’ Within seven years, the company had created the ‘Falcon’ line of space launch vehicles and the Dragon line of multi-purpose spacecraft, and it was making history with its privately funded innovation.
Tesla Motors was founded with the goal of designing and manufacturing electric vehicles. Musk invested in the company and became chairman a year later, in 2004, taking an active role in the design of the ‘Roadster,’ which won the Global Green product award. Despite the fact that the company suffered during the recession, he rose to the position of CEO and product architect.
Musk, who created the initial concept for ‘SolarCity,’ is the company’s largest shareholder. It is now the second-largest solar energy provider in the United States, with a focus on combating global warming. Musk announced revolutionary plans for a high-speed travel technology on August 12, 2013, which, in theory, could replace aeroplane travel as a faster and cheaper option.
In July 2017, he announced the first successful Hyperloop test run in Nevada. He also stated that he has received verbal approval to construct a hyperloop connecting New York City and Washington, D.C.
Elon Musk Wife and Children
Elon Musk married for the first time to Canadian author Justine Wilson in 2000 and divorced in 2008. Their first child, Nevada Alexander Musk, died at the age of ten weeks. The couple used IVF to have five more sons: twins in 2004, followed by triplets in 2006
He began dating English actress Talulah Riley in 2008, and the two married in 2010 and divorced in 2012. Elon Musk remarried Talulah Riley in 2013, but the couple divorced in 2016. Elon Musk briefly dated American actress Amber Heard in 2016, but the couple split due to their conflicting schedules.
Elon Musk is currently dating Canadian musician Grimes. Grimes and Elon welcomed a baby boy named X Æ A-Xii in May 2020.
Elon Musk Net Worth
He is the wealthiest person in the world and the richest person in modern history with an estimated net worth of $221.4 billion. Elon Musk currently owns approximately 24% of Tesla’s outstanding shares and 43% of privately held SpaceX. Tesla’s market cap will surpass $1 trillion for the first time in October 2021 and SpaceX raised $100 billion in funding. For the first time, Elon’s net worth hovered around $300 billion at this point.
Elon Musk Properties
Elon Reeve owned real estate almost worth $100 million in California alone. He still owns a 100-year-old, 16,000-square-foot villa on nearly 50 acres in the Northern California town of Hillsborough he paid $23.364 million for this home in 2017.
In Southern California, he once owned six homes in the Bel-Air neighbourhood of Los Angeles. His Bel-Air footprint included a 20,000-square-foot home purchased for $17 million in 2012, a 7,000-square-foot home purchased for $20 million in 2015, and a 9,300-square-foot home purchased for $24.25 million in 2016.
