Still on our discussion of Biography franchise, in this article we will be writing about Elon Musk Networth and Biography 2020. Elon Musk is a popular engineer, industrial designer, and technology entrepreneur. He possesses a triple citizenship making him a national of South Africa, Canada and the United States of America. To learn more about this billionaire, we have provided you with virtually all the information you need including Elon Musk Net Worth 2020.
ELON MUSK NETWORTH AND BIOGRAPHY 2020 – ACCOMPLISHMENT, FAMILY & TESLA
I know you are eager to know more about this successful business man and entrepreneur in this article centered on Elon Musk Networth and Biography 2020, quickly glance through the highlight of his biography below.
- Full name: Elon Reeve Musk
- Birthplace: Pretoria, South Africa
- Date of Birth: June 28, 1971
- Nationality: South Africa (1971–present), Canada (1971–present), United States (2002–present)
- Marital Status: Divorced, but currently in relationship
- Children: 6
- Occupation: Engineer, Industrial Designer, Entrepreneur
- Net Worth: $40.4 Billion
As we begin our discussion on Elon Musk Networth and Biography 2020, we will state that he was born with the full name Elon Reeve Musk born on the on the 28th of June, 1971 in Pretoria, South Africa. He is born to Errol Musk (father) an engineer from South Africa and Maye Musk (mother) a model from Canada and he is the eldest of three children. Elon develop interest in reading and rad vastly. Also, he wastes no time in making known his passion for computers at just age 10 and at age 12 he has become conversant with computer programming which he taught himself. He designed a video game called “Blastar”, and sold it for $500 to a magazine called PC and Office Technology.
Growing up was not easy for Elon, his parent separated and he chose to stay with his father, an action he later regretted. He was also bullied all through his childhood days with one of the incidences landing him in the hospital.
Elon attended the Waterkloof House Preparatory School and Bryanston High School and eventually graduated from Pretoria Boys High School. After completing his high school education, Elon decided to move to the United States of America, a decision his father was against. He eventually went to the United States from Canada and 1989, that was after he obtained a Canadian passport through his Canadian-born mother.
Before Elon moved out of South Africa, while he was waiting for his Canadian documentation, he attended the University of Pretoria for five months. He left the college as he finally moved to Canada where he entered the Queen’s University in 1989. He left in 1992 to study economics and physics at the University of Pennsylvania; where he graduated with a Bachelor of Arts degree in economics from Wharton and a Bachelor of Science degree in physics from the College of Arts and Sciences in 1997.
- Elon Musk Net Worth
Elon Musk Net Worth 2020 is an important aspect of this article. The business magnate has amassed a huge wealth and fortune for himself over the years earning him a place among the to 40 richest people in the world. As of the time this article is compiled, Elon Musk Net Worth 2020 is estimated to be $40.4 billion. That is quite a massive fortune. His wealth comes from Tesla Inc. (an electric auto making company), and SpaceX (a space exploration company) both situated in the United States of America among other source of wealth that we couldn’t unravel. SpaceX is currently estimated to worth $20 billion.
However, Elon’s original success came from founding X.com in 1999 (presently known as PayPal). The company is currently an online payments system that make provision for online money transfers and at the same time serves as an electronic alternative to conventional paper methods like checks and money orders. Paypal is currently one of the most commonly used means of payment on the internet.
- Elon Musk Career
Elon enjoys a successful career which has fuel his huge fortune. Elon’s career to greatness began in after he dropped out of school to become an entrepreneur. He alongside his brother Kimbal created Zip2 (a web software company that created and licensed online city guides for newspapers). The company was soon sold off for $307 million to Compaq in 1999. Elon made $22 million from the sale of the company.
Elon went on to create another company X.com from the profit made via the sale of Zip2. X.com was an E-Mail payment company. The company changed its nomenclature to “Paypal” when it merges with Confinity. The company soon grew to become the biggest online payment transfer company. eBay later acquired the company for $1.5 billion in stock and Elon once again made a huge profit from the sale carting away was $165 million.
Elon went ahead to further invest the profit he made in Tesla, founding SpaceX and Solar City. The three companies have grown drastically increasing and accruing a huge amount to Elon Musk Net Worth 2020
- Elon Musk Accomplishment
We also deemed it necessary to talk about Elon Musk Accomplishment as we go further in our discussion in this article. Elon Musk Net Worth 2020 is not just the only thing to admire about him, but he is one of the many individuals who are playing a crucial role in changing the world.
Some of Elon Musk Accomplishment includes developing and also launched the world’s most powerful rocket. He also developed the first private spacecraft to anchorage on the International Space. Furthermore, to buttress Elon Musk Accomplishment, he is an outstanding and leading innovator we can’t forget to include the series of companies he established which are instrumental to where Elon is today. These companies have grown to become formidable. These are Zip2 (1995-1999), X.com and PayPal (1999-2002) SpaceX (2002 till date), Tesla (2003 till date), SolarCity (2006-2016), OpenAI (2015-2018), Neuralink (2016 till date), The Boring Company (2016 till date). From this list of accomplishments, there is no denying how instrumental his innovations are to the world at large.
- Elon Musk Relationships and family
Elon has had his ups and down in relationship which has seen him with several women. Elon met his first wife was Justine Wilson, a Canadian author. They met at Ontario’s Queen’s University while both were still students. The couple lost their first son, Nevada Alexander Musk due to sudden infant death syndrome (SIDS) at the age of 10 weeks. However, they later had five sons through in vitro fertilization. Griffin and Xavier (twins) were born in 2004, and then Kai, Saxon, and Damian (triplets) in 2006. The duo married in 2000 but the marriage hit a mudslide and the couple separated in 2008.
Elion moved on and in 2008 he began dating Talulah Riley, an English actress. The couple got married 2010 and they got divorced in 2012. The couple re-married again in July 2013 but the marriage did not last long as the couple divorced in late 2016.
Again, Elion began dating Amber Heard, an American actress in 2016. The duo went their separate ways after one year due to their contradictory and incompatible schedules.
Presently Elion is in a relationship with Canadian musician Grimes. Grimes gave birth to a son on May 4, 2020 and that is Elon’s sixth child. The boy’s name is “X Æ A-Xii”, pronounced as “Ex Ash A Twelve” or “Ex Aye Eye”.
- Elon Musk Tesla
Tesla, Inc., is an American electric vehicle and clean energy company that is created by Elon Musk JB Straubel, Martin Eberhard, Marc Tarpenning, Ian Wright. The company is established in Palo Alto, California. Tesla Inc. focusses on producing electric vehicle, manufacture battery energy storage ranging from home to grid scale. The company acquires Solar city through which they are able to produce solar panel and solar roof tile manufacturing.
Elon initially provided 98% of the company’s initial funding, he soon later became the company’s CEO as well as the product architect in 2008. A position he still retains till today. Tesla Inc. production output as of 2019 is estimated to be 367,500 vehicles.
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Conclusion on Elon Musk Networth and Biography 2020 – Accomplishment, Family & Tesla
I believe from this article on Elon Musk Networth and Biography 2020, you have learnt something new and added to your knowledge of this South African-born Canadian American business magnate, investor, engineer, and inventor. Also, from our discussion above particularly on Elon Musk Net Worth 2020, we could see that Elon is one of the billionaires in the world, thanks to his brilliant ideas an innovations which brought him such a huge fortune and wealth. Don’t hesitate to give us a feedback concerning how helpful you find this article to be.
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