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Elon Musk – Richest Person in The World

Elon Musk is currently the richest person in the world, with a net worth of $185 billion. He is the founder, CEO, and CTO of SpaceX, co-founder of Tesla Motors, and chairman of SolarCity. He also founded The Boring Company, a tunnel construction company.

Elon Musk

Elon Musk is a business magnate, industrial designer, and engineer. He is the founder, CEO, CTO, and chief designer of SpaceX; early investor, CEO, and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI. A centibillionaire, Musk is one of the richest people in the world.

Elon Musk’s Education

Elon Musk was born on June 28, 1971, in Pretoria, South Africa, to Maye (née Haldeman), a model and dietitian from Canada, and Errol Musk, a South African electromechanical engineer, pilot, and sailor. He has a younger brother, Kimbal, and a younger sister, Tosca. His paternal grandmother was British, and he also has Pennsylvania Dutch ancestry, and his maternal grandfather was American, from Minnesota. After his parents divorced in 1980, Musk lived mostly with his father in Pretoria, South Africa.

Elon Musk’s Family

Musk was born to a wealthy family and his early childhood was spent in South Africa. His parents divorced when he was nine and he was subsequently raised by his father. He has stated that his work ethic comes from his father, who told him that “if you’re willing to work hard, it doesn’t matter where you come from or what you do”.

Elon Musk’s Start-ups

Musk was educated at the English-speaking Waterkloof House Preparatory School and Pretoria Boys High School. Musk attended the University of Pretoria for five months before moving to Canada aged 17 to attend Queen’s University. He transferred to the University of Pennsylvania two years later, where he received dual bachelor’s degrees in economics and physics.

PayPal: First investment

He moved to California in 1995 to attend Stanford University but decided instead to pursue a business career, co-founding web software company Zip2 with his brother Kimbal. The start-up was acquired by Compaq for $307 million in 1999. Musk co-founded the online bank that same year, which merged with Confinity in 2000 to form the company PayPal and was subsequently bought by eBay in 2002 for $1.5 billion.

SpaceX, Elon musk

In 2002, Musk founded SpaceX, an aerospace manufacturer, and space transport services company, of which he is CEO, CTO, and lead designer. In 2004, he joined electric vehicle manufacturer Tesla Motors, Inc. (now Tesla, Inc.) as chairman and product architect, becoming its CEO in 2008. In 2006, he helped create SolarCity, a solar energy services company and current Tesla subsidiary.

Musk’s Tesla

In 2015, he co-founded Open AI, a nonprofit research company that promotes friendly artificial intelligence. In 2016, he co-founded Neura link, a neurotechnology company focused on developing brain-computer interfaces and founded The Boring Company, a tunnel construction company. Musk has also proposed the Hyperloop, a high-speed vactrain transportation system.

The richest person in World, Elon Musk

In March 2018, Musk was ranked 21st on Forbes’ list of the world’s most powerful people. As of July 2022, he has a net worth is $221.4 billion and is listed by Forbes as the 1st-richest person in the world.

Musk has received several accolades for his work. He was granted the 2012 Royal Academy of Engineering Prince Philip Medal “for his outstanding and transformative contribution to engineering”, and was elected a Fellow of the Royal Society (FRSE) in 2018. In 2016, he was ranked 25th in the Forbes list of The World’s Most Powerful People and was ranked joint-first on the Forbes list of the Most Innovative Leaders of 2019. In 2017 and 2018, he was ranked the second most powerful person in the world by Forbes.

Neuralink by Elon Musk

Musk has stated that his goals for SpaceX, Tesla, and SolarCity are to “help humanity transition to a sustainable future”. He has said that he plans to use the profits from these companies to fund a Mars colony. He has also said that he wants to create a “hyperloop” transportation system that would allow travel between major cities on Earth at near-supersonic speeds.

Hyperloops: a high-speed vactrain transportation system.

Musk has been described as a “modern-day Tony Stark”, and as a “real-life Iron Man”. He is also the inspiration for the character of Hannibal Chau in the 2014 film Guardians of the Galaxy.


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