ELON MUSK; Richest man in the world, Net worth, lifestyle and career

Elon Musk, Richest man, net worth

ELON MUSK is business magnet, co-founded and leads Tesla, SpaceX, Neuralink and The Boring Company. He is the richest man in the world with a networth estimated to be $265 billion as of 15th May 2022, making him the wealthiest human on the planet.

EARLY LIFE (childhood and family)

Elon Reeve Musk was born on June 28, 1971, in Pretoria, South Africa. His mother is Mjaye Musk  a model and dietitian born in Saskatchewan, Canada, but raised in South Africa. His father is Errol Musk, a White South African electromechanical engineer, pilot, sailor, consultant, and property developer who was once a half-owner of a Zambian emerald mine near Lake Tanganyika. Musk has a younger brother, Kimbal (born 1972), and a younger sister, Tosca (born 1974).His maternal grandfather, Joshua Haldeman, was an adventurous American-born Canadian who took his family on record-breaking journeys in a single-engine Bellanca airplane to Africa and Australia.Musk has British and Pennsylvania Dutch ancestry.

When Musk was a child, his adenoids were removed because doctors suspected that he was deaf, but his mother later decided that he was thinking “in another world.”The family was very wealthy in Elon’s youth.Errol Musk once said, “We had so much money at times we couldn’t even close our safe”.Elon’s father was also elected to the Pretoria City Council as a representative of the anti-apartheid Progressive Party, with the Musk children reportedly sharing their father’s dislike of apartheid.Musk decided not to participate in South Africa’s mandatory military service because of the government’s apartheid system.This also might have contributed to Musk’s decision to leave South Africa shortly after graduating from high school.

After his parents divorced in 1980, Musk mostly lived with his father in Pretoria and elsewhere,a choice he made two years after the divorce and subsequently regretted.Musk has become estranged from his father, whom he describes as “a terrible human being… Almost every evil thing you could possibly think of, he has done.He has a half-sister and a half-brother on his father’s side. Elon attended an Anglican Sunday school in his youth.

Around age 10, Musk developed an interest in computing and video games and acquired a Commodore VIC-20.He learned computer programming using a manual and, at age 12, sold the code of a BASIC-based video game he created called Blastar to PC and Office Technology magazine for approximately $500.An awkward and introverted child,Musk was bullied throughout his childhood and was once hospitalized after a group of boys threw him down a flight of stairs.He attended Waterkloof House Preparatory School and Bryanston High School before graduating from Pretoria Boys High School.

EDUCATION

Musk graduated from Pretoria Boys High School in South Africa.

Aware that it would be easier to enter the United States from Canada, Musk applied for a Canadian passport through his Canadian-born mother.While awaiting the documentation, he attended the University of Pretoria for five months; this allowed him to avoid mandatory service in the South African military.Musk arrived in Canada in June 1989, and lived with a second cousin in Saskatchewan for a year,working odd jobs at a farm and lumber-mill.In 1990, he entered Queen’s University in Kingston, Two years later, he transferred to the University of Pennsylvania, where he graduated in 1997 with a Bachelor of Arts degree in physics and a Bachelor of Science degree in economics from the Wharton School.

In 1994, Musk held two internships in Silicon Valley during the summer: at energy storage startup Pinnacle Research Institute, which researched electrolytic ultracapacitors for energy storage, and at the Palo Alto-based startup Rocket Science Games. In 1995, he was accepted to a Doctor of Philosophy (Ph.D.) program in materials science at Stanford University in California.Musk attempted to get a job at Netscape but never received a response to his inquiries. He dropped out of Stanford after two days, deciding instead to join the Internet boom and launch an Internet startup.

RELATIONSHIP AND MARRIAGE

Elon Musk’s dating history includes ex-wife Justine Musk, Talulah Riley, Amber Heard and Grimes.

Elon Reeve Musk’s Relationship with JUSTINE MUSK:

Justine Musk has previously referred to herself as Elon’s “Starter Wife.” Justine Musk was Elon’s first wife, marrying the tech leader in 2000. The couple welcomed their first son, Nevada Alexander Musk, in 2002, but lost him to Sudden Infant Death Syndrome (SIDS) at 10 weeks old.

The couple went on to have a set of twins; Griffin and Xavier Musk in 2004 and a set of triplets; Kai, Saxon, and Damian Musk — in 2006, a total of five children. Elon and Justine split in 2008 on a misunderstanding.

Elon Musk’s Relationship with TALULAH RILEY:

Elon Musk began dating Talulah Riley shortly after his first divorce. Actress Talulah Riley got engaged to Musk six weeks after he filed for divorce from Justine, going on to marry the mogul herself in 2010. The couple hit a rough patch in 2014 when they divorced at Elon’s request for the first time. The pair reconciled and remarried 18 months later only for Riley to file for divorce in 2016.

Elon Musk with TALULAH RILEY
Elon Musk with TALULAH RILEY

Elon Musk’s Relationship with Amber Heard

The SpaceX founder then moved on to Amber Heard, dating the actress in late 2016. Elon began dating actress Amber Heard in late 2016. Unfortunately, she and Musk split after just one year due to their intense schedules.

Musk went on to tell Rolling Stone in Nov. 2017 that the split was quite difficult for him, adding he was, “really in love, and it hurt bad.”

Elon Musk’s Relationship with Grimes

Elon and Grimes made their red carpet debut at the 2018 Met Gala. PageSix exclusively reported that Musk began dating musician Grimes in April of 2018, one month before the couple made their red carpet debut at the Met Gala. Breakup whispers began by fall 2018, when Musk and Grimes unfollowed each other on Twitter.

SpaxeX founder Elon Musk and Canadian musician Grimes (Claire Boucher) attend the 2018 Space X Hyperloop Pod Competition, in Hawthorne, California. Elon Musk and Canadian musician Grimes (Claire Boucher) dated for three years before calling it quits. Grimes, however, confirmed that she and the PayPal co-founder were still dating in a March 2019 interview with WSJ Magazine. The “Flesh Without Blood” artist announced her pregnancy in Jan. 2020 by posting her baby bump on Instagram.

Grimes and Elon welcomed son X Æ A-12 in May 2020, engaging in a Twitter discussion over the name’s pronunciation while the singer recovered from giving birth. The couple later changed their son’s name to X Æ A-XII to comply with California law.

Elon Musk and baby X Æ A-XII
Elon Musk and baby X Æ A-XII at Times person of the year award 2021

After three years together, the couple split, with Musk confirming via social media that he and the Canadian songstress are “semi-separated” but remain on good terms and continue to co-parent their 1-year-old son.

In her Vanity Fair cover story released in March 2022, Grimes confirmed the pair were back together after rumors he was dating Australian actress Natasha Bassett. She also revealed she secretly welcomed a second child, a baby girl named Exa Dark Sideræl Musk, via surrogate in December 2021. Hours after the story was released, she revealed they had broken up again.

ELON MUSK CAREER, WORK AND ACHIEVEMENTS

TESLA

Elon Musk had long been interested in the possibilities of electric cars, and in 2004 he became one of the major funders of Tesla Motors, an electric car company founded by entrepreneurs Martin Eberhard and Marc Tarpenning. In 2006 Tesla introduced its first car, the Roadster, which could travel 245 miles (394 km) on a single charge. Unlike most previous electric vehicles, which Elon Musk thought were stodgy and uninteresting, it was a sports car that could go from 0 to 60 miles (97 km) per hour in less than four seconds. In 2010 the company’s initial public offering raised about $226 million.

Two years later Tesla introduced the Model S sedan, which was acclaimed by automotive critics for its performance and design. The company won further praise for its Model X luxury SUV, which went on the market in 2015. The Model 3, a less-expensive vehicle, went into production in 2017 and became the best-selling electric car of all time and unveiled Tesla Semi, which is designed to save owners at least $200,000 over a million miles based on fuel costs alone.

In 2019.Tesla unveiled Cybertruck, which will have better utility than a traditional truck and more performance than a sports car, as well as the Model Y compact SUV, which began customer deliveries in early 2020.

Tesla also produces three energy storage products, the Powerwall home battery, the Powerpack commercial-scale battery, and Megapack, which is designed for utility-scale installations. In 2016, Tesla became the world’s first vertically-integrated sustainable energy company with the acquisition of SolarCity, the leading provider of solar power systems in the United States, and in 2017 released Solar Roof – a beautiful and affordable energy generation product.

PAYPAL

Musk attended Queen’s University in Kingston, Ontario, and in 1992 he transferred to the University of Pennsylvania, Philadelphia, where he received bachelor’s degrees in physics and economics in 1997. He enrolled in graduate school in physics at Stanford University in California, but he left after only two days because he felt that the Internet had much more potential to change society than work in physics.

In 1995 he founded Zip2, a company that provided maps and business directories to online newspapers. In 1999 Zip2 was bought by the computer manufacturer Compaq for $307 million, and Musk then founded an online financial services company, X.com, which later became PayPal, which specialized in transferring money online. The online auction eBay bought PayPal in 2002 for $1.5 billion.

SPACEX

Elon Musk founded SpaceX on 14th March 2002, A Space Exploration Technologies Corp. to manufacture and provide space transportation services and communications.

Elon Reeve Musk
Elon Musk with SpaceX Starship toy prototype

As lead designer at SpaceX, Elon Reeve Musk oversees the development of rockets and spacecraft for missions to Earth orbit and ultimately to other planets. In 2008, the SpaceX Falcon 1 was the first privately developed liquid fuel rocket to reach orbit, and SpaceX made further history in 2017 by re-flying both a Falcon 9 rocket and Dragon spacecraft for the first time.

Soon after, Falcon Heavy, the most powerful operational rocket in the world by a factor of two, completed its first flight in 2018. In 2019, SpaceX’s crewcapable version of the Dragon spacecraft completed its first demonstration mission, and the company flew NASA astronauts to the International Space Station for the first time in 2020.

Building on these achievements, SpaceX is developing Starship a fully reusable transportation system that will carry crew and cargo to the Moon, Mars and beyond  and Starlink, which will deliver high speed broadband internet to locations where access has been unreliable, expensive, or completely unavailable. By pioneering reusable rockets, SpaceX is pursuing the long-term goal of making humans a multi-planet species by creating a self-sustaining city on Mars.

Twitter

A frequent poster on the messaging network, Musk disclosed a 9.2% stake in Twitter in April 2022.30 Twitter responded by offering Musk a seat on the board, which he accepted before declining days later.3132 Musk then sent a “bear hug” letter to Twitter’s board proposing to buy the company at $54.20 per share.33

Twitter’s board adopted a poison pill provision to discourage Musk from accumulating an even larger stake, but ultimately accepted Musk’s offer after he disclosed $46.5 billion in committed financing for the deal in a securities filing.

Elon Musk’s early interests in philosophy, science fiction, and fantasy novels are reflected in his idealism and concern with human progress—and in his business career. He works in fields he has identified as crucial to humanity’s future, notably the transition to renewable energy sources, space exploration, and the Internet. Musk has defied critics, disrupted industries, and made the most money anyone ever has from PayPal, Tesla Motors, SolarCity, and SpaceX—game-changers all, despite the inevitable misstep.

Elon Musk remains the wealthiest man on the planet and posses potentials to become the first man to hit a Trillionaire mark as every endeavor of his breaks records.

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