Elon Musk- A Business Magnate
Who is Elon Musk?
today EloN MUSK does not need any introduction, he has made His Status And Money In A Very Short period by creating multi-billionaire Companies. he is an American entrepreneur and business tycoon and made his first position on the richest persons list. after studying this biography you will come to notice how much he has an entrepreneurial journey from childhood.
Elon Musk Early Life
He was born in 1971 in South Africa his father was an engineer. He brought up with books and computers. At the age of 12, he developed and sold a video game to a computer magazine at $500. That was the point where his entrepreneurship journey started.
Elon Musk College Journey
At the age of 17, after moving to Canada to attend study at Queen’s University. After some time he got citizenship. After moving to U.S in 1992, He earned two degrees which are economics and physics as well from University of Pennsylvania. At Stanford University, he left his it Ph.D to start his first firm.
Achievements and Companies
At age 24, internet exploding he started his firm in 1995 with his brother with an investment of $15000 and company name was Zip2. In 1999, Zip2 was acquired by compaq at 341 million dollars which helps him to create fintech venture X.com
After merging with Confinity, X.com became PayPal. When their partnership finished with him, it results 11.7% stake with 180 million dollars amount with PayPal for him. In 2018, He revealed how he invested his 180 million dollars in different companies. According to him 100 million dollars invested in SpaceX, 70 million dollars in Tesla and 10 million dollars in Solar City.
Elon Musk Marital Life
He has been three times divorced. first from first wife and twice from second wife.
Companies Owned by Elon Musk
He is stakeholder in companies like SpaceX, Tesla, Neuralink, Solarcity and Twitter. Recently he aquired twitter with an investment of 44 billion dollars. This deal was very trending in 2022.