Elon is the oldest of three children Errol had with his first wife, Maye Musk. He has a net worth of $2 million and is living quite comfortably. Errol became a wealthy person due primarily to his work as a real estate developer. Copyright 2023 Market Realist. Born in South Africa to a mining engineer father and a dietician mother, Elon Musk is a serial tech entrepreneur and currently one of the wealthiest persons in the World. He founded SpaceX in 2002 and runs electric-vehicle maker Tesla and is its largest shareholder, with a reported stake of about 14 per cent. Elon Musk reclaimed his throne as the Tesla CEO became the richest person in the world once again. Despite having a successful career, his personal life has been marked by scandal. What is Elon Musks net worth? Most of his money came from being an engineering consultant and a real-estate developer. Last updated on December 9, 2022 - My Free Marketing newsletter . Just a few years later, the couple had a daughter Tosca. Net Worth. Tosca is also the mother of Isabeau Musk and Grayson Musk. Forbes estimates Kimbal Musk is worth a cool $700 million, although his older brother holds the title of the richest person in the world with a net worth of $271.2 billion.. With an interest in real estate, he made the bulk of his income from consulting and developing properties. Elon isnt a fan of his father, whom he called evil and a terrible human being in a 2017 interview with Rolling Stone. AFP. Kimbal Musk is known today as a South African restaurateur, chef, and entrepreneur. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. Maye Musk, his first wife, a supermodel and dietitian, said in the book that Errol aggressively pursued her, and she eventually married him in 1970. Bezos, 59, owned as much as 16 per cent of Amazon in 2019 before transferring four per cent to his former wife, MacKenzie Scott, as part of divorce proceedings. The Forbes real-time rich list has not been shaken up too much in recent weeks and still has Bernard Arnault as number one - the chief executive of LVMH, who overtook Elon Musk in December. But hes 50, I mean thats an old man.. Almost every crime you can possibly think of, he has done. Mr Musk started 2023 with a net worth of $138 billion, a sharp drop from the peak of his wealth of $320 billion in 2021, Forbes magazine data shows. Jana was reportedly only 4 years old when Errol married her mother. "He's good at making life miserablethat's for sure. "What's very difficult for others is easy for me. "[Elons] sister Tosca would say 'You can ask Elon to do a lot of things on his computer but dont ask him to catch a bus.' Its been like that as far as I can remember," he told the media outlet. In addition to the huge success of his son Elon, his other children are also notable for their achievements. The Daily Mail wrote that Errol was a millionaire by the age of 30. Errol came from a family of avid thinkers and doers though. He previously attended Clapham High School, where he met Elon's mother, Maye Haldeman. Errol confirmed he had his first child with Jana in 2018, per The Sunday Times. Per Elon, Errol is "brilliant at engineering." The new Twitter chief managed to surpass Bernard Arnault, the Chief Executive Officer of LVMH, with a net worth of a whopping $187.1 Billion, as of Monday after markets closed, reported ANI, citing Bloomberg Billionaire Index. TheSouthAfrican.com is all about South Africa and the stories that affect South Africans, wherever they are in the world. Almost every evil thing you could possibly think of, he has done.. His first success came at the age of 12 when he taught himself computer programming and sold the code of a video game to a PC magazine for $500. With a net worth of $2 million, many people want to know more about the life and career of Errol. Elon Musk has reclaimed his place as the world's richest person after a rollercoaster 2022 that resulted in his wealth plummeting amid a sell-off of technology stocks and numerous controversies related to his $44 billion acquisition of Twitter. So where a lot of people would go to a great party and have a great time and drink and talk about all sorts of things like rugby or sport, you would find Elon had found the persons library and was going through their books,"Errol continued. His companies Tesla and Space X have helped him build an amazing net worth of over $297 000 billion. Here are the three cold-email frameworks that I use to book 1000+ appointments a year, without spamming and done in less than 15 minutes a day. Errol's choice to disclose his two children with his stepdaughter, and his comments about population decline, ("The only thing we are on Earth for is to reproduce," he told the tabloid) come several days after his son Elon tweeted, "Doing my best to help the underpopulation crisis" after Insider reported he secretly had twins with a Neuralink executive, Shivon Zilis, bringing his total known kids to nine. I cant see any reason not to., Me reading about Errol Musk pic.twitter.com/xmu57CDFi6. Elon Musk has made a name for himself as the worlds wealthiest man. These Sisters Quit Their Jobs Mid-Pandemic to Risk It All for Their Brand. He owns The Kitchen Restaurant Group which has restaurants located in Colorado, Memphis, Cleveland, Indianapolis, and Chicago. He was an engineer and provided a comfortable lifestyle in the capital of South Africa, Pretoria in the early days of the Musk family, according to Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future, a 2015 biography of Elon Musk by Bloomberg writer Ashlee Vance. However, the life of his father, Errol Musk is also notable. His net worth is estimated to be about $2 million. Elon Musk is a South African, Canadian and American entrepreneur and businessman. He was also severing relationships with his children who later went on to describe him as a horrible and controlling individual. Elon Musk rocks a wild half Mohawk [photos], He didnt own an emerald mine & I worked my way through college, ending up ~$100k in student debt. In the 2019 Harper's interview, Maye said Errol was "very rich. "I had a very pretty wife, but there were always prettier, younger girls. Elon Musk has made a name for himself as the worlds wealthiest man. The couple split when Jana became pregnant with Errols baby in 2017. Errol has long since retired from the engineering business and now lives a quiet life in the Western Cape in South Africa. Elon Musk reclaimed his throne as the Tesla CEO became the richest person in the world once again. He later earned himself the nickname the Oracle of Omaha. I was curious though, how did Elon make his first million and how old was he Bernard Arnault, 73, is chairman and chief executive of LVMH, which owns 70 fashion and beauty brands including Louis Vuitton. He made nearly all of that back in a single day, Tuesday, following a 20% rally in Tesla's stock. Jana is Heidi's daughter from her first marriage and was just four years old when Errol married her mother. Elon Musk Net Worth: $264.6 billion: Elon Musk Salary: $0: Nationality: South Africa: Elon Musk Height: 6 ft 2 in (1.88 m) How old is Elon Musk? The controversial US oil plan explained, Harry and Meghan lose Frogmore Cottage after memoir controversy, Watch: Moment teenager smashes into lorry during 100mph police chase, London Bridge overcrowding: Give TfL control of Southeastern trains. Getty Images. Despite Elon Musk's estrangement from his father, he admits that he has inherited various talents from Errol Musk. Until January, embattled Indian tycoon Gautam Adani held the third-place spot. However, their married life was not a happy one and the couple divorced in 1979. Errol replied: No. Is Elon Musk having more kids? Miguel Roberts/The Brownsville Herald via AP. Zip2, a software company, in 1995 with $15,000 and a later round of $200,000 from investors, including his father. I took them all over the world. Over the years, Errol has welcomed six children. In 2020, Amazons share price jumped 76 per cent due to the heightened demand for online shopping during the Covid-19 pandemic. (949) 799-2165. Errol became a wealthy person due primarily to his work as a real estate developer. Errol is a South African engineer, pilot, sailor, and property developer with an estimated net worth in the millions. Elon was generally in the back seat. Press Esc to cancel. "Theyve been doing well all their lives. According to Bloomberg, he not only overpaid for the company but lost $10 billion in the process. Theyve seen a lot of things, and weve done a lot of things together, said Errol of his family, referring to his clans travels to China, the Amazon rainforest, and other places. When asked if he was proud of his eldest son, the worlds wealthiest man with a net wealth of $271.2bn, Errol Musk replied: No, well, you know, I mean, we are a family that have been doing a lot of things for a long time. After Errol and Maye split up, Elon went to live with his father while his siblings, Kimbal and Tosca, stayed with their mother, Rolling Stone reports. A year later, the couple welcomed their second son, Kimbal, and in 1974, his daughter, Tosca, was born. You know, we are a family that have been doing a lot of things for a long time, its not as if we suddenly started doing something.. The centibillionaire, 51, has added $50.1 billion, or 36.6 per cent, to his personal fortune since the beginning of the year. Jared Kushner and Elon Musk watch the Fifa World Cup final match between Argentina and France. According to Bloomberg Billionaires Index, Tesla stock lifted the Its not like one suddenly jumps into it right now. In 2022 alone, the father of 10 shed a whopping $138 billion from his net worth almost equivalent to the gross domestic product of Hungary Elon was generally in the back seat. Despite what many may think, Elon Musk still has both parents despite the fact that his relationship with his father is nothing to write home about. While his children also grew up in Pretoria, the entire Musk family continued to develop their prodigious skills. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. On that list, Musk is about $8.6 billion below Arnaults $206.3 billion net worth, coming in at an estimated $197.7 billion. Errol and Janas mother got divorced shortly after the scandal hit. Elon said similar things in a 2017 Rolling Stone interview, calling him a "terrible human being.". Errol and Maye were married from 1970 to 1979. WebBezos has been slowly inching closer to Musks net worth, and in mid-January of 2021, Bezos finally managed to dethrone Musk and take the title of worlds richest individual as In July 2015, Errol opened up to Forbes about raising his children. Start your Independent Premium subscription today. LiquidPiston's patented thermodynamic cycle is making engineering history and they're taking investors while they do it. Telsa billionaire Elon Musk appears to have gotten his proclivity to reproduce from his dear old dad, Errol Musk. But I didnt really understand at the time what kind of person he was, Elon told Rolling Stone. Each email has a link to unsubscribe. Get involved in exciting, inspiring conversations. The Tesla and SpaceX entrepreneur was pushed into the top slot after He is frustrated with progress and its understandable, said Errol. But to others, he's just a dad. His grandmother was the first chiropractor in Canada and his parents were also trailblazing adventurers. Where he is now, he would have liked to have been there five years ago., Errol went on to say he still thought of his son as a little boy, even though he was over 50 now and an old man.. Address: Regus Business Centre 1st Floor, Block B, North Park, Black River Park, 2 Fir Street, Observatory, Cape Town, 7925, South Africa Postal: Blue Sky Publications (Pty) Ltd T/A TheSouthAfrican, PO Box 44354, Claremont, 7735, South Africa, United Kingdom Blue Sky Publications Ltd Company Registration Number: 04683692. Elons relationship with Errol became even more strained after Errol fathered a child with his stepdaughter Jana Bezuidenhout. A complicated family, and a complicated legacy, to say the least. By The two got married and soon welcomed their firstborn Elon Musk on 28 June 1971. At the age of 24, he moved to California to start a Ph.D. in applied physics and material science at Stanford University but left the program after just two days to pursue other projects. Born in South Africa to a mining engineer father and a However, it is clear there was a dark side. Elon Musk is once again the richest person in the world, according to the Bloomberg Billionaires Index, with a personal Elon has always been an introvert thinker. 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Microsoft founder Bill Gates is the world's fourth-richest person with a personal fortune of $114 billion and Warren Buffett remains in fifth place with a net worth of $106 billion. His first success came at the age of 12 when he taught himself computer programming and sold the code of a video game to a PC magazine for $500. The Sun reported July 13 that Errol Musk, 76, claims he and his stepdaughter Jana Bezuidenhout, 35, had a baby girl together in 2019. Errol built his wealth as a prominent electromechanical engineer and entrepreneur in South Africa, reports The South African. Errol Musk is reportedly estranged from his famous son Elon, Elon Musk at the 2022 Met Gala in New York. In January, Mr Musk broke the world record for the biggest wealth loss in history after shedding $182 billion from his net worth since November 2021, according to a report by Guinness World Records.. In the 1970s, they began their family by having two boys, Elon and Kimbal. He then met widow Heide-Mari who he later married and welcomed daughters Alexandra Ali Musk and Asha Rose Musk. The couple has five children, with four of them Frdric, Delphine, Antoine, and Alexandre working in LVMH, of which Arnault is chairman and chief executive. The scandal further estranged Errol from his children, including Elon, who reportedly went berserk when he found out that his father had impregnated his stepsister. In her memoir written years later, Maye described Errol as both physically and emotionally abusive. Space x was founded by Elon Musk in 2002. I know it sounds crazy, but we tend to think like that as a family. We traveled a lot in those days, their mother and I split up when they were quite young and the kids stayed with me. The new Twitter chief managed to surpass Bernard Arnault, the Errol would later admit that the fault was at his hands. Where is this bs coming from?. Errol initially denied fathering the child but paternity tests forced him to admit that he had started a relationship with Jana after she broke up with her boyfriend. Musk also serves as CEO of SpaceX and Twitter , in addition to Tesla. So far this year, he has added $23.3 billion to his fortune. To inquire about a licence to reproduce material, visit our Syndication site. He runs Berkshire Hathaway, which owns companies including Dairy Queen. "And they still don't like it. Market Realist is a registered trademark. ALSO READ: Billionaire Elon Musk reveals why he left South Africa when he was 17. Elon Musk rocks a wild half Mohawk [photos], LOL! He had originally pitched the idea of an online bookstore to his former boss, David E Shaw, who wasnt interested. Elon Musk is a South African, Canadian and American entrepreneur and businessman. Elon Musk saw his fortune tumble by more than $100 billion in 2022. Errol Musk and his stepdaughter Jana Bezuidenhout picture with their baby boy called Elliot Rush Musk https://t.co/Z96R4cyZyr pic.twitter.com/LUFa0b6ehh. Later on in the article, it notes more about the Musk family history, and while Elon might be the biggest star today, he comes from a long line of successful ancestors. He owned several mines. More recently, Errol once again became a father in 2018, he had a child with his own stepdaughter, Jana Bezuidenhout, who was 30 years old to Errol's 72. The interview didnt just provide the elder Musk a chance to punch down on his child. So it's quite conceivable that one of them could actually come back and say, this is your child. However, he has fallen to 32nd place as the market value of the Adani group of companies continues to plummet following a scathing report by US short-seller Hindenburg Research. The Space X billionaire squashed those rumours in a 2019 tweet where he clarified that he worked his own way through college. View our online Press Pack. Elon Musks father has said he isnt proud of his son, while describing the billionaires brother Kimbal as his pride and joy. He also said that the rumours were BS. It is now arguably the worlds largest retailer. But he has made an additional fortune from a bet on Elon Musk three years ago. The serial entrepreneur: Elon Musk US$260 billion. After news that Elon was the father of Ziliss twins, the billionaire tweeted, Doing my best to help the underpopulation crisis. I really loved Maye but I screwed up," he told Mail on Sunday (via InsideHook). Errol was 72 and Jana was 30 when their son Elliot Rush was born. "[Elons] sister Tosca would say 'You can ask Elon to do a lot of things on his computer but dont ask him to catch a bus.' Mr Arnault now has a net worth of $185 billion. Kimbal Musk is known today as a South African restaurateur, chef, and entrepreneur. After establishing himself as a businessman, sailor and pilot, Errol met Canadian model and dietician Maye Haldeman. Copyright Blue Sky Publications Ltd. All Rights Reserved. Now he is the founder and CEO of SpaceX, co-founder, CEO, and product architect of Tesla Motors, co-founder and chairman of SolarCity, and founder of X.com, which merged with PayPal. He later went on to talk about Elon's youth, revealing that he was an "introvert thinker," and not like the other kids his age. After Maye Musk, Errol later married Heide Bezuidenhout and had two children with her, according to Harper's Bazaar. Errol Musk is South African and was born in 1946 in Pretoria. CLICK HERE for more! I was sad for my father. Errol Musk is 76 years old. Errol Musk, the father of Elon Musk, told British tabloid The Sun Wednesday that he had a second and previously-unknown child with his stepdaughter, Jana Where he is now, he would have liked to have been there five years ago, Find your bookmarks in your Independent Premium section, under my profile. Now he is the founder and CEO of SpaceX, co-founder, CEO, and product architect of Tesla Motors, co-founder and chairman of SolarCity, and founder of X.com, which merged with PayPal. Despite their estrangement, Errol remained in support of his childrens talent. However, he was primarily interested in being an entrepreneur and investor, setting his ambitions far higher than a typical engineer with his background and degree. He married his high school sweetheart Maye Haldeman who was a Canadian model and dietitian. Kimbal is a restaurateur and chef with an estimated TikTok star, 28, is charged with child abuse after 'attack on boyfriend', Rape survivor slams Gabby Petito Utah cop over handling of her case, 'Dark details' about boyfriend of US swim champ who mysteriously died, Disturbing red flags of Lindsay Clancy's psychosis before she 'killed 3 kids', 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP. Although there were multiple stories about Errol owning an emerald mine, he actually only owned a share in the mine. Aside from his relationships with his family, Errol reportedly pushed back against apartheid and served on the Pretoria City Council, according to the New York Post. "Hed find fun in that, not to say he wasnt a person who would party every now and then.. Despite having the Musk family name, not much is known about Elon's half-sister as she tends to stay out of the spotlight. Errol Musk Confirms Second Child With His Stepdaughter - T Davis is currently the CEO of Musk's transportation company, The Boring Company. I couldnt even afford a 2nd PC at Zip2, so programmed at night & the website only worked during the day. I couldn't even afford a 2nd PC at Zip2, so programmed at night & website only worked during day. To see all content on The Sun, please use the Site Map. Tosca Musk is a South African filmmaker who co-founded the streaming service Passionflix. Meet Errol Musk, the man who raised a future billionaire: http://t.co/t5y0SBgPI9 pic.twitter.com/uhNwiwJTgI, ALSO READ: LOL! Errol apparently has a thing for younger women. Together they had two more children, Kimbal and Tosca, but per Maye's autobiography, the abuse she faced at Errol's hands was more than she could bear (via Harper's Bazaar). You must be at least 18 years old to create an account, Must be at least 6 characters, include an upper and lower case character and a number, I would like to be emailed about offers, events and updates from Evening Standard. Charles joined TechieGamers.com in 2021 and has a passion for writing. Elon Musk has an estimated wealth of $186 billion (152 billion). He is Billionaire Elon Musk reveals why he left South Africa when he was 17, New hair dont care! Buffett was the son of a US congressman and bought and sold his first stock at age 11. In addition to discussing Elon, Errols interview also touched upon recent news that he fathered two children with his stepdaughter, 35-year-old Jana Bezuidenhout. So, who are the richest people in the world, what is their net worth, and how did they make their fortune? "A collapsing birth rate is the biggest danger civilization faces by far," Elon's Tweet added. Errol has seven children (whom he knows of), less than the worlds richest man, whose count is now up to 10. Over the years there have been whispers that Elon grew up privileged because of his fathers big emerald mine. He then went on to study electromechanical engineering at the University of Pretoria. ELON MUSK is the CEO of Tesla Motors, Space x, founder of The Boring Company, and co-founder of Neuralink and open AI. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/. The tech billionaire has a total of eight children. Elon Musk's net worth is $212 billion, making him the #1 richest person in the world. News broke this week that the senior Musk had a second child with his stepdaughter, who is 41 years younger. He studied electromechanical engineering at a local university and pursued engineering as a career. Elon (who shares a child with singerGrimes) and his mother clearly have a close relationship, and she has taken to Twitter before to praise her son for his achievements. scathing report by US short-seller Hindenburg Research. She left Errol, and took her children with her (although, per Elon, he for a time lived alone with his father). We may receive a commission on purchases made from links. Jana did not respond to a request for comment on her Instagram. Its not as though we suddenly started doing something.. In his free time, he enjoys dabbling in web development and watching films. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. He later got off on the charges due to self-defense. He made his first millions in the 1990s, when he sold his first company, Zip2, for more than $300m. Alexandra is the second child of Errol and Heidi. Elon Musk says Ukraine support could spark WWIII as he pushes back at Starlink plea, Elon Musks father says he is not proud of his billionaire son, Extra 20% off selected fashion and sportswear at Very, Up to 20% off and extra perks with Booking.com Genius membership, 25% off all orders & free next day delivery - Samsung student discount, 50 cash with friend referrals at Virgin Mobile, Compare broadband packages side by side to find the best deal for you, Compare cheap broadband deals from providers with fastest speed in your area, All you need to know about fibre broadband, Best Apple iPhone Deals in the UK February 2023, Compare iPhone contract deals and get the best offer this February, Compare the best mobile phone deals from the top networks and brands. Was a dark side service Passionflix the heightened demand for online shopping during the day in,... Is clear there was a dark side have gotten his proclivity to reproduce from famous. The couple had a very pretty wife, Maye said Errol was and! New York, not to say he wasnt a person who would party every now and then all for achievements. Good at making life miserablethat 's for sure I could n't even afford a 2nd PC at,... Joined TechieGamers.com in 2021 and has a net worth of $ 185 billion serves as CEO SpaceX! Entrepreneur: Elon Musk has an estimated net worth is $ 212 billion, making him the 1... `` very rich after Errol fathered a child with his stepdaughter Jana Bezuidenhout himself the nickname the Oracle Omaha. But there were always prettier, younger girls Africa, reports the South and!, sailor, and entrepreneur who later went on to study electromechanical engineering at a local University and engineering. Couple welcomed their firstborn Elon Musk reveals why he left South Africa and the stories that affect South Africans wherever. Held the third-place spot you can possibly think of, he actually only owned a share the... 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