The business was so expansive it amassed "large projects such as office buildings, retail complexes, residential subdivisions, and an air force base" (via InsideHook). 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. Mr Musk, co-founder of Tesla and also the owner of SpaceX, was worth $187 billion when markets closed on Monday, nudging aside Bernard Arnault, chairman of French luxury group LVMH, according to the Bloomberg Billionaires Index. The amounts were correct as of March 1, 2023. Compared with Elon, Errol said during the interview that his other son, Kimbal Musk, is the pride and joy of his life. Errol, who is 42 years older than Bezuidenhout, became her stepfather when she was four years old. "And they still don't like it. The Tesla and SpaceX entrepreneur was pushed into the top slot after I cant see any reason not to., Me reading about Errol Musk pic.twitter.com/xmu57CDFi6. In 2006, he pledged to give away 99 per cent of his fortune and so far has given away $48 billion (40bn). Where is this bs coming from?". "I'm naturally good at engineering, that's because I inherited it from my father," Elon told Rolling Stone. After graduation, Errol became a successful engineer and built a life as an entrepreneur and an investor. Meet Errol Musk, the man who raised a future billionaire: http://t.co/t5y0SBgPI9 pic.twitter.com/uhNwiwJTgI, ALSO READ: LOL! Like many billionaires, Arnault came from a wealthy family, which in his case owned a successful construction business. Its been like that as far as I can remember," he told the media outlet. Per Elon, Errol is "brilliant at engineering." Errol became a wealthy person due primarily to his work as a real estate developer. Larry Ellison, 78, earns the vast majority of his wealth from owning Oracle, a computer technology company whose sales increased by 18 per cent to $12.3 billion (10bn) by November 30, according to data compiled by Bloomberg. Kimbal, my other son who is just as energetic as Elon, would do all the guiding and navigating.". His companies Tesla and Space X have helped him build an amazing net worth of over $297 000 billion. AFP. Forbess real-time billionaires list shows a larger drop, bringing the richest man in the worlds net worth down to $205.9 billion. His first wife was Elon's mother Maye Musk. Their half-sister.". He also holds about 304 million exercisable stock options from his 2018 The Sun reported July 13 that Errol Musk, 76, claims he and his stepdaughter Jana Bezuidenhout, 35, had a baby girl together in 2019. A complicated family, and a complicated legacy, to say the least. In 2018, he then married Christiana Wyly and welcomed three children, Luca, August, and Stella. The couple also has a 5-year-old son. In 2018, he then married Christiana Wyly and welcomed three children, Luca, August, and Stella. Last updated on December 9, 2022 - My Free Marketing newsletter . 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. Elon Musk reclaimed his throne as the Tesla CEO became the richest person in the world once again. 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. Jared Kushner and Elon Musk watch the Fifa World Cup final match between Argentina and France. He is frustrated with progress and its understandable, said Errol. 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.. Even after a recent pullback, Tesla is up 44 per cent this year. Elon is known as an entrepreneur, investor, and business magnate. Musk was born to Errol and Maye Musk in June 1971 (via Insider). Kimbal Musk is known today as a South African restaurateur, chef, and entrepreneur. What is Elon Musks net worth? Errol continued discussing his son, saying that the younger Musk feels behind schedule in terms of where he wants his various companies to be, and is not as happy as hed like to be. Those remarks echoed other earlier ones in which he claimed: The only thing we are on Earth for is to reproduce.. MPs to get 2,440 pay rise from April taking salary to 86,584, Elon Musk is poised to reclaim the title of worlds richest man, sales increased by 18 per cent to $12.3 billion (10bn) by November 30, so far has given away $48 billion (40bn), What is the Willow Project? Where is this bs coming from?. Elon was fascinated with computers at an early age and Errol encouraged his development of computing skills. Elon Musk has an estimated wealth of $186 billion (152 billion). 1 min read. He mainly covers celebrity news, net worth and reality TV content. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/. 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 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. All Rights Reserved. Together they had two more children, Kimbal and Tosca, but per Maye's autobiography, the abuse Is Elon Musk having more kids? In 2020, Amazons share price jumped 76 per cent due to the heightened demand for online shopping during the Covid-19 pandemic. Errol came from a family of avid thinkers and doers though. Space x was founded by Elon Musk in 2002. Save my name, email, and website in this browser for the next time I comment. He later got off on the charges due to self-defense. I really loved Maye but I screwed up," he told Mail on Sunday (via InsideHook). 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.. Errol Musk is South African and was born in 1946 in Pretoria. He is reportedly finalizing a deal to buy Twitter. I took them all over the world. "Hed find fun in that, not to say he wasnt a person who would party every now and then.. Elon has always been an introvert thinker. Sign up for exclusive newsletters, comment on stories, enter competitions and attend events. Tosca is also the mother of Isabeau Musk and Grayson Musk. A collapsing birth rate is the biggest danger civilization faces by far., When asked about having more children, Errol Musk told the Sun, "The only thing we are on Earth for is to reproduce. South Africa Blue Sky Publications (Pty) Ltd T/A TheSouthAfrican Number: 2005/028472/07. However, it is clear there was a dark side. I couldnt even afford a 2nd PC at Zip2, so programmed at night & the website only worked during the day. Want to bookmark your favourite articles and stories to read or reference later? "I had a very pretty wife, but there were always prettier, younger girls. Bezuidenhout is the daughter of Errols second wife, Heide Bezuidenhout. Other than being a very "talented engineer," as Elon put it in Vance's book, who was able to provide books, travel, and novelties like computers for his kids, the author noted, there has been some debate about Errol's financial status. 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. Heide and Errol were married for 18 years and had two children together. (949) 799-2165. After establishing himself as a businessman, sailor and pilot, Errol met Canadian model and dietician Maye Haldeman. Start your Independent Premium subscription today. Elon said similar things in a 2017 Rolling Stone interview, calling him a "terrible human being.". While the lives and careers of entrepreneurs have always been an area of fascination, their parents also remain a focal point. He married his high school sweetheart Maye Haldeman who was a Canadian model and dietitian. Copyright 2023 Entrepreneur Media, Inc. All rights reserved. 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. His relationship choices often led to additional problems and caused estrangement with his children who resented his actions. Errol Musk heaped praised on his second son Kimbal, who has an estimated net wealth of $700m according to Forbes largely due to early investments in Tesla stock, Buffett still lives in the same house in Omaha, Nebraska, that he bought in 1958 for $31,500 (26,000), before he made his fortune. Zip2 sold for He has a net worth of $2 million and is living quite comfortably. Errol Musk and his stepdaughter Jana Bezuidenhout picture with their baby boy called Elliot Rush Musk https://t.co/Z96R4cyZyr pic.twitter.com/LUFa0b6ehh. 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. However, despite the losses in 2022, it has been a good start to the year for Musk, who could now reclaim the crown. That makes Elon richer than Bill Gates, Warren Buffet, and Jeff Bezos! He previously attended Clapham High School, where he met Elon's mother, Maye Haldeman. "[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.' Asha Musk is the first child of Errol and Heidi - Errol's second wife. Press Esc to cancel. Here are the 25 most lucrative jobs from U.S. News & World Report's ranking of the 100 best jobs of 2023. ALSO READ: Billionaire Elon Musk reveals why he left South Africa when he was 17. 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. According to LinkedIn, she now works as the Vice President of Brand and Business Development at SolarWindow Technologies Inc. They were not completely unfounded though because according to TheFamousPeople.com, Errol did own a few shares in an emerald mine in Zambia. 25% off all orders & free next day delivery - Samsung student discount, 50 cash with friend referrals at Virgin Mobile, 15% off extra plans with this Vodafone promo, 50% off your 1st 3 months - Audible promo, 10% off when you sign up to the Western Digital mailing list, Former Met acting commissioner described rape as regretful sex, Detectives hunting for Constance Martens baby find remains of infant, London Ambulance Service told to improve its ethnic diversity, Third of London pupils miss first pick of school, Shocking moment moped narrowly misses 70mph train at level crossing, Armed police swoop on Hackney Central station after man knifed, Luxury lets: from vanishing swimming pools to glass car displays the opulent world of ultra-wealthy London renters. He later moved to Canada at the age of 17 to study and transferred to the University of Pennsylvania, where he gained two degrees in physics and in business. Its not as though we suddenly started doing something.. The father of Elon Musk said during an interview that he isnt proud of his billionaire son, saying that Elon is unhappy with his own career progress. Larry Ellison owns computer technology company Oracle. 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. He owns The Kitchen Restaurant Group which has restaurants located in Colorado, Memphis, Cleveland, Indianapolis, and Chicago. What has Elon Musk said about Russias war in Ukraine? Independent Press Standards Organisation (IPSO). 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. 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. Most of his money came from being an engineering consultant and a real-estate developer. According to Forbes, Errols grandmother was Canadas first chiropractor, while his parents were the first to fly from South Africa to Australia in a single-engine plane. Meanwhile, Amazon founder Jeff Bezos remains in third place on the Bloomberg Billionaires Index with a net worth of $117 billion. Errol Musk is reportedly estranged from his famous son Elon, Elon Musk at the 2022 Met Gala in New York. Its not like one suddenly jumps into it right now. 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. To inquire about a licence to reproduce material, visit our Syndication site. He is In 1994, Jeff Bezos founded Amazon.com in a garage in Seattle shortly after he resigned from the hedge fund D E Shaw. The life of Elon Musk has gotten a significant amount of attention. (12.5 m) from his fathers business to buy Christian Dior with an estimated net worth of According to Forbes, Errols grandmother was Canadas first chiropractor, while his parents were the first to fly from South Africa to Australia in a single-engine plane. 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. Type above and press Enter to search. So it's quite conceivable that one of them could actually come back and say, this is your child. 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 We'll be in your inbox every morning Monday-Saturday with all the days top business news, inspiring stories, best advice and exclusive reporting from Entrepreneur. Gabrielle Bienasz is a staff writer at Entrepreneur. Elon Musk was born on June 28, 1971, and he has a brother, Kimbal, and a sister, Tosca. I understand that the data I am submitting will be used to provide me with the above-described products and/or services and communications in connection therewith. Her work also includes K. Bromberg's Driven, Rachel van Dyken's Matchmaker's Playbook, and her web series, Tiki Bar TV. He speculated that Elon Musks work schedule was the reason for his complicated personal life. He owned several mines. The majority of Mr Musks fortune is tied to Tesla stock, which has jumped 92.07 per cent this year to trade at $207.63 on Monday. Space x was founded by Elon Musk in 2002. 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. His grandmother was the first chiropractor in Canada and his parents were also trailblazing adventurers. Errol was 72 and Jana was 30 when their son Elliot Rush was born. Is it only the inheritocracy who can afford to live in London now? "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. 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.. Prior to her career, she obtained a bachelor's degree in Environmental Science from the University of Colorado Boulder. 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. With a net worth of $2 million, many people want to know more about the life and career of Errol. He made his first millions in the 1990s, when he sold his first company, Zip2, for more than $300m. After graduation, Errol became a successful engineer and built a life as an entrepreneur and an investor. I was sad for my father. Despite having a successful career, his personal life has been marked by scandal. Trouble soon started brewing and only five years later in 1979 the couple got divorced and shared split custody of their three children. However, the life of his father, Errol Musk is also notable. Errol would later admit that the fault was at his hands. If I could have another child, I would. The Space X billionaire squashed those rumours in a 2019 tweet where he clarified that he worked his own way through college. But Elon has in fact sort of really surpassed the mark.. Elon Musk reclaimed his throne as the Tesla CEO became the richest person in the world once again. Over the years, information around South African-born US billionaire Elon Musk has trickled out but a lot of his early beginnings remain a big mystery to many. "Theyve been doing well all their lives. In 2018, Errol told Business Insider South Africa that he was half owner of an emerald mine in Zambia, but Elon disputes that information. On Wednesday, he told The Sun they had a second child in 2019. Read our, {{#verifyErrors}} {{message}} {{/verifyErrors}} {{^verifyErrors}} {{message}} {{/verifyErrors}}. Its not like one suddenly jumps into it right now. "There was a period in Johannesburg in the '80s that I was going out with different women every night. He later moved to Canada at the age of 17 to study and transferred to the University of Pennsylvania, where he gained two degrees in physics and in business. Errol told Rolling Stone via email that he has been "accused of being a Gay, a Misogynist, a Paedophile, a Traitor, a Rat, a St" but that he loves his "children and would readily do whatever for them." However, the stock is still down by nearly half its value compared with January 2022, when it was trading at $399.93. Hes 50 now and I still think of him as a little boy. He broke into the fashion industry in 1985, after using $15 million (12.5 m) from his fathers business to buy Christian Dior. Elon Musk has become the world's richest person, as his net worth crossed $185bn (136bn). But I didnt really understand at the time what kind of person he was, Elon told Rolling Stone. During the strange interview Monday with the Australia radio The Kyle and Jackie O Show, 76-year-old Errol Musk was asked if he was proud of Elons accomplishments. According to Bloomberg Billionaires Index, Tesla stock lifted the He is reportedly finalizing a deal to buy Twitter. Get involved in exciting, inspiring conversations with other readers. On October 28, 2022, after much speculation, he purchased social media platform for $44 billion. 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. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. However, the life of his father, Errol Musk is also notable. Despite having the Musk family name, not much is known about Elon's half-sister as she tends to stay out of the spotlight. Jana did not respond to a request for comment on her Instagram. 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