Elon Musk Biography

Elon Musk Biography, Net Worth & Age

Elon Reeve Musk (born June 28, 1971) is a Business Magnate, CEO and Investor, Elon Musk is the founder, CEO, and Chief Engineer at SpaceX, angel investor, CEO, and Product Architect of Tesla, Inc, he is also th founder of The Boring Company and co-founder of Neuralink and OpenAI. He is said to have an estimated net worth of over US$203 billion as of June 2022, Elon Musk is the wealthiest person in the world according to both the Bloomberg Billionaires Index and Forbes’ real-time billionaires list.

 

Elon Musk Biography

Birth Name:  Elon Reeve Musk
Gender: Male
Date Of Birth: June 28, 1971 (51 years old)
Net Worth: USD$203 million
Height: 1.58m
Nationality: United States
Origin: Pretoria, Transvaal, South Africa
Profession: Businessman, Inventor and investor

 

Elon Musk was born to White South African parents in Pretoria, where he grew up, He briefly attended the University of Pretoria before moving to Canada at age 17, acquiring citizenship through his Canadian-born mother, Two years later, Elon Musk matriculated at Queen’s University and transferred to the University of Pennsylvania, where he received bachelor’s degrees in Economics and Physics, Elon Musk moved to California in 1995 to attend Stanford University but decided instead to pursue a business career, co-founding the web software company Zip2 with his brother Kimbal, The startup was acquired by Compaq for $307 million in 1999, The same year, Elon Musk co-founded online bank X.com, which merged with Confinity in 2000 to form PayPal, The company was bought by eBay in 2002 for $1.5 billion.

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Elon Musk is said to own 24% of Tesla’s outstanding shares and 43% of the privately-held SpaceX, In October 2021, Tesla’s market cap broke $1 trillion for the first time, That same month SpaceX raided money at a $100 billion valuation, At this point Elon’s net worth teetered around $300 billion for the first time.

 

Elon Musk Education

Elon Musk applied for a Canadian passport by jus sanguinis, through his Canadian-born mother, While awaiting the documentation, Elon Musk attended the University of Pretoria for five months, this allowed him to avoid mandatory service in the South African military, Elon 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, Ontario, Two years later, Elon Musk 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.

Elon Musk
Elon Musk

Elon Musk Early Life

Elon Musk purchased his first computer at the age of 10 and taught himself how to program, When he was 12 he made his first software sale—a game, he created called Blaster.

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At age 17, in 1989, Elon Musk moved to Canada to attend Queen’s University, but left in 1992 to study business and physics at the University of Pennsylvania, Elon Musk graduated with an undergraduate degree in economics and continued on to earn a second bachelor’s degree in physics then pursued a PhD in energy physics. Musk dropped out of Stanford University, however, to become a part of the internet boom.

 

Elon Musk Net Worth

Elon Musk is the richest man in the world, he is said to have an estimate net worth of $203 million as of year 2022, He takes no salary as CEO of Tesla, Elon Musk instead has a highly unusual and extremely lucrative bonus plan tied to the company’s market cap milestones, When the plan was forged, Tesla was worth around $50 billion, There are 12 total milestones based on $50 billion market cap increases, Elon Musk hit every single milestone and therefore qualified to receive all $100 billion from the bonus plan.

 

 

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