Elon Reeve Musk is a South African-born Canadian-American business magnate, investor, engineer, and inventor. He is the founder, CEO, and CTO of SpaceX; co-founder, CEO, and product architect of Tesla Inc.; co-chairman of OpenAI; founder and CEO of Neuralink.
He was previously co-founder and chairman of SolarCity; co-founder of Zip2; and founder of X.com, which merged with Cofinity and took the name PayPal.
As of May 2017, he has an estimated net worth of $15.2 billion, making him the 80th-wealthiest person in the world.
In December 2016, Musk was ranked 21st on Forbes list of The World's Most Powerful People. Musk has stated that the goals of SolarCity, Tesla, and SpaceX revolve around his vision to change the world and humanity.
His goals include reducing global warming through sustainable energy production and consumption, and reducing the "risk of human extinction" by "making life multi planetary" by establishing a human colony on Mars.
In addition to his primary business pursuits, he has also envisioned a high-speed transportation system known as the Hyperloop, and has proposed a VTOL supersonic jet aircraft with electric fan propulsion, known as the Musk electric jet.
South African entrepreneur Elon Musk is known for founding Tesla Motors and SpaceX, which launched a landmark commercial spacecraft in 2012.
Son of a Canadian mother and a South African father, Elon Reeve Musk was born on June 28, 1971, in Pretoria, South Africa. He spent his early childhood with his brother Kimbal and sister Tosca in South Africa, and at 10, the introverted Elon developed an interest in computers. During this time, his parents divorced. He taught himself how to program, and when he was 12 he made his first software sale of a game he created called Blastar. At age 17, in 1989, he moved to Canada to attend Queen’s University and avoid mandatory service in the South African military, but he left in 1992 to study business and physics at the University of Pennsylvania. He graduated with an undergraduate degree in economics and stayed for a second bachelor’s degree in physics.
What is his net worth?
His net worth is said to be around £10 billion, as of January 2017.
He made his money through the sales of the companies he founded and co-founded.
His first company was Zip2 which he created with his brother, Kimbal, in 1995 with a start up figure of $28,000 from his dad.