Most people know Elon Musk as an entrepreneur and businessman who founded several companies including Tesla and PayPal. While there has been controversy surrounding him over the years, Elon Musk continues to rise above it all.
With Elon Musk being one of the most influential businessmen of all time, many people want to learn as much as possible about him and his life. Even though he was born in South Africa, since he has been in America, he has taken the business world by storm.
Knowing more about Elon Musk’s background and business acumen can help you understand him better. Keep reading to find out all about Elon Musk.
Who is Elon Musk?
Elon Musk is a South African-born businessman and entrepreneur who has founded some of the biggest companies in the world. It is said that even as a child, Musk had the mind of a great potential entrepreneur.
When he was 17, he moved to Canada to attend college and got his citizenship to make it easier to get his American citizenship. Once this was accomplished, he then set out to attend the University of Pennsylvania where he studied both physics and business.
From there Elon Musk moved on to found many companies, invest in cryptocurrency, and continue growing his brand in new and exciting ways. Today he is known as one of the richest people in the world.
Where Did Elon Musk Grow Up?
Elon Musk was born in Pretoria, South Africa on June 28, 1971, as one of three children to a father who was an engineer and a mother who was a Canadian model and nutritionist. While he was growing up in South Africa, he always had his head in the clouds thinking of innovation and inventions.
Growing up with his siblings in South Africa, Musk began getting interested in technology and more specifically programming. He created his first video game at the age of 10 and eventually sold it for $500.
Elon Musk’s Personal Life
In addition to Elon Musk’s business acumen and wild success stories in the business world, he has also been in the spotlight several times due to his personal life. Although he has been connected with several women, he has been married only three times, twice to the same woman.
Later he met and married Talulah Riley in 2010, divorced two years later, only to marry again in 2013. After all of the back in forth, the couple finally divorced for good in 2016.
In between and after his marriages, he has been linked with many other women including Amber Heard, and musician, Grimes. Grimes, share two children, a boy born in 2020 and a daughter born in 2021.
How Did Elon Musk Get Rich?
After Elon Musk graduated from the University of Pennsylvania, he was accepted into a graduate program at Stanford University to study physics. Shortly after this happened, the internet boom happened and he dropped out of school to pursue the trend.
Elon Musk made his money as an entrepreneur and businessman who founded many companies in his career thus far. For example, he founded a financial payments company known as X.com which later became PayPal.
He is also the founder of Tesla which most people know as an extremely successful electric car company. In addition, he founded SpaceX which is a rocket developed by Space Exploration Technologies Corp.
Between his companies such as the ones stated above as well as investing in cryptocurrency, he became one of the richest people in the world. It is his ability to negotiate and participate in innovation that has made Elon Musk an extremely successful and wealthy businessman.
Elon Musk is also known from his involvement in the Dogecoin cryptocurrency. He was known for tweeting about the currency, which caused many people to buy it without researching it first. As a result, some of these people tried to sue Elon Musk in 2022. This case is still ongoing as of the writing of this article.
What is His Net Worth?
Currently, it is said that Elon Musk’s net worth is approximately $212 billion, which is more than any other person in the world. He has used this wealth to not only create his many businesses but also to invest in many innovative ideas.
Most people know that Musk has been an advocate of cryptocurrency since it came on the scene. Since that time, he has continued to invest which has turned out to be another factor in his current wealth.
While much of his wealth has been from founding and selling many companies along the way, he remains involved with several of his current ventures. Tesla is by far one of the most successful of his ventures, however, he also has a hand in smaller companies as well.
What Are Elon Musk’s Greatest Accomplishments?
Even though Elon Musk has made a splash in the business world in many ways, there are some of his accomplishments that stand out more than others. This is because he is the founder of some extremely successful companies and is sometimes referred to as a ruthless businessman.
From his first company, Zip2 Corporation, which was founded alongside his brother Kimball, to his current ventures such as Tesla and Twitter, Musk has continued to rise steadily in the business world. Although he has accomplished much, there is likely more that is yet to come.
Here is a list of Elon Musk’s greatest accomplishments thus far:
- Zip2 Corporation - sold for just over $300 million
- X.com - later PayPal - sold $1.5 billion in stock
- SpaceX - founded to develop affordable rockets - contracts with NASA
- Tesla - the most successful electric car dealership in the world
- Twitter - after much controversy, Musk acquired the Twitter in October 2022
It is important to note that these are only a few of the accomplishments that Elon Musk has seen over the years. With him only being in his early 50s, there may be much more that you can expect to see in the future.
Elon Musk is cutrrently developing an application he hopes will become the new universal application. Find out more on the subject in our article Elon Musk’s X App.
The bottom line about Elon Musk is that despite the controversy of his outspoken nature, he has been an extremely formidable businessman over the years. With his successes in companies such as Tesla, SpaceX, and now Twitter, Musk will most likely be in the limelight for some time to come.