Elon Musk is one of the most influential entrepreneurs in the world today. His rising seems to be sudden but no one gets to the top just like that.
He initiated some new companies which boosts his net worth and today he is been listed among the most successful entrepreneurs.
Elon Musk founded SpaceX and Tesla. He is also the co-founder of several other companies such as OpenAI, etc.
His electric car company popularly known as SpaceX was recorded as one of his major sources of income. This electric car uses rechargeable batteries for its locomotion.
Though he was born in South Africa and was also a citizen of this country, he had an opportunity to study in Canada because his mother is from Canada.
Elon Musk passed through many universities before he decided to innovate his ideas in order to solve man’s problem.
We’ll be discussing in detail how he makes his money, his biography, net worth, wife, house, Bitcoin, companies, spouse, education, etc.
Elon Musk biography
His with his full name Elon Reeve Musk is a successful entrepreneur who generates huge revenue from several companies and businesses he founded or co-founded.
This young billionaire is a founder, CEO, and also Chief Engineer. Elon Musk is the founder of SpaceX, Tesla, and other companies. He also co-founded OpenAI, Neuralink, etc.
Currently, he is among the top richest people on earth today. Musk is an immediate citizen of South Africa. His father is a South African, while his mother is a Canadian woman. He was born in South Africa and was raised in Pretoria.
Elon Musk age
Elon Musk was born on June 28, 1971. As of 2021, he is 50 years old.
Elon Musk education
Elon Musk started his education in South Africa where he was born and raised. He first attended the University of Pretoria before he later traveled to Canada when he was 17 years old to further his studies.
In Canada, he attended Queen’s University, and afterward, he moved to the University of Pennsylvania where he acquired bachelor’s degrees in Physics and Economics.
Some years later, he decided to further his studies at Stanford University but he was interrupted with his business ideas.
Elon Musk companies
The first company that he co-founded was Zip2. Zip2 is a web software company that was founded by Elon Musk and his brother Kimbal Musk.
Within the same year, Elon Musk also co-founded an online banking platform with the name X.com. This online bank was later joined with Confinity to form the popular platform known as Paypal.
Later in his life, he was inspired and he founded SpaceX, which is a company based on aerospace manufacturing as well as its transport services.
He was not the founder of Tesla motors. He joined this company as their chairman and as an architect, of which he later became their CEO because of his ideas and his tremendous contributions.
Due to his creativity, he created SolarCity, which is a solar energy production company. He suggested the usefulness of this solar energy of which his idea was adopted by Tesla and it later became the major source of Tesla energy.
As of 2015, he co-founded OpenAI. This company is an open research company that focuses on Artificial Intelligence as well as promoting it.
Later Musk co-founded Neuralink. This is a neurotechnology company that is based on producing computer brains (processors) as well as its interfaces.
He also founded The Boring Company, which is well-known for its tunnel construction.
Elon Musk net worth
As of 2021, Elon Musk’s net worth is approximately 195.3 billion USD. This is the monetary value of his assets in life.
Elon Musk quotes
Below are some of his quotes:
- When something is important enough, you do it even if the odds are not in your favor.
- If you get up in the morning and think the future is going to be better, it is a bright day. Otherwise, it’s not.
- If something’s important enough, you should try. Even if – the probable outcome is a failure.
- Life is too short for long-term grudges.
- Some people don’t like change, but you need to embrace change if the alternative is a disaster.
- I don’t create companies for the sake of creating companies, but to get things done.
- I tend to approach things from a physics framework. And physics teaches you to reason from first principles rather than by analogy.
- I think we have a duty to maintain the light of consciousness to make sure it continues.
Elon Musk wife
Elon Musk married two wives but he divorced both of them. Musk’s first wife was Justine Musk; married from the year 2000 – 2008. He married another wife by the name Talulah Riley of which they stayed married from 2010 – 2012 and he divorced her.
Later he remarried Talulah Riley again and they stayed together as a couple from 2013 – 2016 before he divorced her the second time.
Currently he is partnering with a woman by the name “Grimes”. He had stayed with this woman from 2018 till the present.
Elon Musk children
The children that Elon Musk’s first wife gave him are Xavier (17), Griffin (17), Damian (15), Saxon (15), Kai (15), and Nevada Alexander, X Æ A-Xii. This is a total of seven children.
Although when Musk divorced his first wife, they divided these children equally. Meanwhile, he only had 3children from his first wife Justine Wilson.
Elon Musk house
Though he is one of the richest people on earth today, he humbled himself and he is living in a $50,000 very small house in Boca Chica, Texas. The small house is situated where his SpaceX headquarters is located.
Elon Musk’s wealth can afford him any house of his choice but he prefers to stay in a very small house that didn’t cost much in terms of pricing.
Why Elon Musk is famous?
Elon Musk became very famous from the moment he became the CEO of Tesla as well as SpaceX. Also, other companies like OpenAI, Boring Company, Neuralink, etc. publicly announced his name in the entire globe.
How did Elon Musk start?
Elon Musk started very small but today he is one of the richest people on earth. He first started with Zip2. The Zip2 is a web software that Musk designed to help newspapers develop online city guides.
He later sold his Zip2 software and used the money to invest in his company named X.com. X.com was intended to be an online banking platform that will as well generate money for him in the future.
Today he owns multiple companies which yield him revenue daily.
How much does Elon Musk make a day?
The average money that Elon Musk makes every day on average is approximately $383,000,000.
He is among the top 5 richest persons in the world today. His sources of income are broad because of the companies that he founded as well as being CEO in these companies.
Is he a billionaire?
Elon Musk who is the leading CEO of Tesla electric car company has a net worth is approximately 195.3 billion USD. There he is a multi-billionaire in US dollars.
Who is Elon Musk’s father?
The name of Elon Musk’s father is Errol Musk. He trained Elon to be business-oriented and he also exposed his son Elon Musk when he was young to the business world.
How much does he make an hour?
Elon Musk’s revenue statistics once recorded that he has made $16 Million per hour.
How much does Elon Musk make a day in 2020?
In 2020, he recorded that he made $25 billion just in one day. This is possible because he has so many streams of income that generate him constant revenue daily.
Where does Elon Musk get all his money?
Musk gets all his money from the companies he is the CEO, the founder, and also from companies he co-founded.
Some of these companies are SpaceX, Tesla, OpenAI, etc. He became a self-made billionaire from the idea that he was able to establish in the real world.
How much is Elon Musk’s salary?
As of 2019, Musk’s salary was estimated to be $23,760 and about $56,380 in the year 2018.
Who are the parents of Elon Musk?
Elon Musk’s parents are Errol Musk and Maye Musk. Errol Musk is his father while Maye Musk is his mother.
How many hours per day does Elon Musk work?
Elon Musk who is the CEO of Tesla Motors works approximately 16 hours a day, both during the weekends.
Even though he is among the top richest people in the world today, Musk still works hard daily by following his daily routine which he designed some time ago.
Is Elon Musk an engineer?
Elon Musk didn’t study engineering in school neither does he acquire any certificate in the engineering discipline. Musk acquired bachelor’s degrees in Physics and Economics at the University of Pennsylvania.
So we can’t conclude that he is an engineer, but he is far creative than hundreds of thousands of engineers out there.
There are several millions of engineers today who could not even do 1/10th of what Musk does today even without an engineering degree.
Elon Musk is an innovative thinker; this is the major reason why he is outstanding in the world today.
In as much as he found so many companies, he sold some along the line to pursue his vision of becoming a billionaire.
As of now that he has made it in life, he still works more than 15 hours every day, even during the weekends.
One important lesson from Musk’s biography is that a man with a vision does not seek comfort.