His daughters are upset, he told the tabloid. South Africa Blue Sky Publications (Pty) Ltd T/A TheSouthAfrican Number: 2005/028472/07. When asked if hes proud of his sons accomplishments, Errol Musk says: No we are a family that have been doing a lot of things. Elon Musk saw his fortune tumble by more than $100 billion in 2022. Elon Musk reclaimed his throne as the Tesla CEO became the richest person in the world once again. The centibillionaire, 51, has added $50.1 billion, or 36.6 per cent, to his personal fortune since the beginning of the year. Like many billionaires, Arnault came from a wealthy family, which in his case owned a successful construction business. Kimbal is a restaurateur and chef with an estimated He was also asked about recent photos of a portly, pasty white-looking Elon Muskshirtless on a yacht in Greece. I took them all over the world. "Theyve been doing well all their lives. Elon Musk is a South African, Canadian and American entrepreneur and businessman. You know Elon Musk as the CEO of Tesla and Space X and the possible soon-to-be owner of Twitter. But I didnt really understand at the time what kind of person he was, Elon told Rolling Stone. Office location: He didnt own an emerald mine & I worked my way through college, ending up ~$100k in student debt, Elon Musk tweeted in 2019. TheSouthAfrican.com is all about South Africa and the stories that affect South Africans, wherever they are in the world. SA jokes Elon Musk is the only one who can truly afford a Konka visit. Kimbal Musk is known today as a South African restaurateur, chef, and entrepreneur. 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. But to others, he's just a dad. Image via Twitter: @EastEdit. But as for the status of Elon Musk's relationship with his father, the answer to that is far more complicated. Currently based in Paris, Arnault is married to concert pianist Helene Mercier. Last week, Elon confirmed reports that he was the father of twins born to Neuralink executive Shivon Zilis. Elon Musk reclaimed his throne as the Tesla CEO became the richest person in the world once again. 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. 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. Born in South Africa, he grew up in Pretoria before moving to America to study at the University of Pennsylvania. 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. 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. Over the years, Errol has welcomed six children. Errol has long since retired from the engineering business and now lives a quiet life in the Western Cape in South Africa. 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. Errols interview Monday came just days after his son decided to file a countersuit against Twitter, which escalated his legal fight against the social media giant over his attempts to walk away from a $44bn purchase agreement. However, it is clear there was a dark side. Getty Images. 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. Here are the 25 most lucrative jobs from U.S. News & World Report's ranking of the 100 best jobs of 2023. Each email has a link to unsubscribe. 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. Musk was born to Errol and Maye Musk in June 1971 (via Insider). Telsa billionaire Elon Musk appears to have gotten his proclivity to reproduce from his dear old dad, Errol Musk. 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. Most of his money came from being an engineering consultant and a real-estate developer. He studied electromechanical engineering at a local university and pursued engineering as a career. By Address: Riverbank House, 1 Putney Bridge Approach, London, SW6 4TJ. 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. Amazon.com started out selling books and then expanded into a one-stop shop for everything under the sun. Independent Press Standards Organisation (IPSO). He speculated that Elon Musks work schedule was the reason for his complicated personal life. The tech billionaire has a total of eight children. This account already exists. 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. Despite Elon Musk's estrangement from his father, he admits that he has inherited various talents from Errol Musk. In the 2019 Harper's interview, Maye said Errol was "very rich. Musk also serves as CEO of SpaceX and Twitter , in addition to Tesla. Elon Musk Biography. Theres a possibility that more little Musks are running around somewhere. Elon has always been an introvert thinker. The Space X billionaire squashed those rumours in a 2019 tweet where he clarified that he worked his own way through college. Mr Adani now has a net worth of $37.7 billion. Enter your password to log in. 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. 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 His companies Tesla and Space X have helped him build an amazing net worth of He said Kimbal had managed to balance work interests while maintaining a healthy relationship with his wife Christina. Last updated on December 9, 2022 - My Free Marketing newsletter . Kimbal, my other son who is just as energetic as Elon, would do all the guiding and navigating.". Errol also, at one point, owned an emerald mine, a source of much controversy, particularly given that the Musks were a white family during apartheid South Africa. He is reportedly finalizing a deal to buy Twitter. ELON MUSK is the CEO of Tesla Motors, Space x, founder of The Boring Company, and co-founder of Neuralink and open AI. Is it only the inheritocracy who can afford to live in London now? He married his high school sweetheart Maye Haldeman who was a Canadian model and dietitian. I couldn't even afford a 2nd PC at Zip2, so programmed at night & website only worked during day. Elon is known as an entrepreneur, investor, and business magnate. The chief executive of Tesla is increasing his wealth and is on the verge of retaking the title of richest man in the world thanks to the recent spike in shares for the electric car brand. People may receive compensation for some links to products and services on this website. Elon is known as an entrepreneur, investor, and business magnate. Jana is Heidi's daughter from her first marriage and was just four years old when Errol married her mother. Copyright 2023 Entrepreneur Media, Inc. All rights reserved. Elon Musk saw his fortune tumble by more than $100 billion in 2022. Compared with Elon, Errol said during the interview that his other son, Kimbal Musk, is the pride and joy of his life. 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. In the meantime, Errol was building his wealth as a prominent engineer and entrepreneur. Elon was generally in the back seat. Miguel Roberts/The Brownsville Herald via AP. 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. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. In 2017, Errol welcomed Elliot with his stepdaughter Jana Bezuidenhout. Despite having the Musk family name, not much is known about Elon's half-sister as she tends to stay out of the spotlight. Beta V.1.0 - Powered by automated translation, Gautam Adani's net worth slips below $40 billion. After Errol and Maye divorced, he remarried but had several affairs. He is All Rights Reserved. IT'S FAIR to say billionaire businessman Elon Musk is a household name, after becoming one of the richest people in the world. Over the years there have been whispers that Elon grew up privileged because of his fathers big emerald mine. In 2018, Errol told Business Insider South Africa that he was half owner of an emerald mine in Zambia, but Elon disputes that information. Errol Musk, 76, told The Kyle and Jackie O Show that his family had been doing a lot of things for a long time. People across the world know his name, but not many know his background. News broke this week that the senior Musk had a second child with his stepdaughter, who is 41 years younger. His relationship choices often led to additional problems and caused estrangement with his children who resented his actions. Just a few years later, the couple had a daughter Tosca. Its not like one suddenly jumps into it right now. He owned several mines. He then went on to study electromechanical engineering at the University of Pretoria. According to Bloomberg Billionaires Index, Tesla stock lifted the I had plenty of dates. Errol came from a family of avid thinkers and doers though. His first wife was Elon's mother Maye Musk. Elon Musk rocks a wild half Mohawk [photos], LOL! In July 2015, Errol opened up to Forbes about raising his children. I took them all over the world. We traveled a lot in those days, their mother and I split up when they were quite young and the kids stayed with me. His first software startup, Zip2, was bought in 1999 for $307 million (255m) and he went on to co-found Paypal, which he sold to eBay in 2002 for $2.5 billion (2.1bn). 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 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. Elon said similar things in a 2017 Rolling Stone interview, calling him a "terrible human being.". Errol did not immediately respond to a request for comment through what appears to be his LinkedIn profile. As reported by Bloomberg, Elons net worth was $187.1 billion on Monday after markets closed, followed by Arnault with a $185.3 billion valuation. Her work also includes K. Bromberg's Driven, Rachel van Dyken's Matchmaker's Playbook, and her web series, Tiki Bar TV. Elon Musk's net worth is $185 billion Elon Musk has a total of seven children Elon Musk has been married three times He founded SpaceX in 2002. In 1994, Jeff Bezos founded Amazon.com in a garage in Seattle shortly after he resigned from the hedge fund D E Shaw. Read our privacy policy for more information. 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. I really loved Maye but I screwed up," he told Mail on Sunday (via InsideHook). While Elon was low on cash during this time, Vance wrote, his book also said Errol gave Elon $28,000 while he was building Zip2. "[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.' Warren Buffett, 92, is the fifth-richest person in the world, with an estimated net worth of $96.6 billion (80billion), according to Forbes magazine. Errol is a South African engineer, pilot, sailor, and property developer with an estimated net worth in the millions. The two got married and soon welcomed their firstborn Elon Musk on 28 June 1971. Here is what we have gathered about Elons parents, Errol and Maye Musk. Errol Musk is the father of the worlds wealthiest man but little is known about the engineering genius. Elon Musk has become the world's richest person, as his net worth crossed $185bn (136bn). WebMusk said Kimbal was also a billionaire, though nowhere near as wealthy as Elon, whose worth the Bloomberg Billionaire Index estimates at $260 billion. 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 Musk, 51, has been married twice and allegedly has eight children. After graduation, Errol became a successful engineer and built a life as an entrepreneur and an investor. Get involved in exciting, inspiring conversations with other readers. Although not providing money to Elon himself, Errol invested in Elon and Kimbals first software company, Zip2. He is reportedly finalizing a deal to buy Twitter. He told Business Insider South Africa in 2018 that he was "really terrible," during his marriage with Maye. 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. Its been like that as far as I can remember," he told the media outlet. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. 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. Zip2 sold for 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 Bezuidenhout, in 2019 leaving many wondering more about the father of the world's richest man. "And they still don't like it. But Elon has in fact sort of really surpassed the mark.. 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 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 and Maye were married from 1970 to 1979. Errol Musk is the father of Tesla billionaire Elon Musk. A complicated family, and a complicated legacy, to say the least. Its not like one suddenly jumps into it right now. Errol became a wealthy person due primarily to his work as a real estate developer. Tosca Musk is a South African filmmaker who co-founded the streaming service Passionflix. Celebrity Net Worth: Who ended 2022 as the world's richest entertainer? Prior to her career, she obtained a bachelor's degree in Environmental Science from the University of Colorado Boulder. Erroll added: Theyve seen a lot of things, and weve done a lot of things together. Their half-sister.". "What's very difficult for others is easy for me. In 2020, Amazons share price jumped 76 per cent due to the heightened demand for online shopping during the Covid-19 pandemic. 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. However, despite the losses in 2022, it has been a good start to the year for Musk, who could now reclaim the crown. 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. "He was such a terrible human being," Elon told Rolling Stone when he covered the magazine in 2017. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/. Bernard Arnault, 73, is chairman and chief executive of LVMH, which owns 70 fashion and beauty brands including Louis Vuitton. Estate agency Knight Frank found 218,000 people, classed as ultra-high net worth individuals, saw their combined fortune drop by 10 per cent, from $101.5 trillion (84tn) in 2021 to $91.4tn (76 tn) in 2022. Ellison disclosed in late 2018 that hed purchased a $1 billion stake in Tesla. The couple split when Jana became pregnant with Errols baby in 2017. The Bernard Arnault family has a current estimated wealth of $189 billion (156 billion). In July 2015, Errol opened up to Forbes about raising his children. "I had a very pretty wife, but there were always prettier, younger girls. Meet Errol Musk, the man who raised a future billionaire: http://t.co/t5y0SBgPI9 pic.twitter.com/uhNwiwJTgI, ALSO READ: LOL! For other inquiries, Contact Us. He then launched X.com, an online payment system that eventually became PayPal, which he sold to eBay for $1.5bn in 2002. LiquidPiston's patented thermodynamic cycle is making engineering history and they're taking investors while they do it. In 2018, he then married Christiana Wyly and welcomed three children, Luca, August, and Stella. Born in South Africa to a mining engineer father and a Elon is very well built, very strongly built, but hes been eating badly, he said, adding he had tried unsuccessfully to recommend weight-loss supplements to his son. 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.. Elons relationship with Errol became even more strained after Errol fathered a child with his stepdaughter Jana Bezuidenhout. Hes 50 now and I still think of him as a little boy. After changing his bio to "Chief Twit" and appearing at Twitter's San Francisco headquarters, Elon Musk has officially closed his $44 billion purchase of the company. He previously attended Clapham High School, where he met Elon's mother, Maye Haldeman. Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in, Errol Musk says famous son is behind schedule. He fathered a child with his. What is Elon Musks net worth? As reported by Bloomberg, Elons net worth was $187.1 billion on Monday after markets closed, followed by Arnault with a $185.3 billion valuation. His net worth is estimated to be about $2 million. Where is this bs coming from?. In 2017, Errol welcomed Elliot with his stepdaughter Jana Bezuidenhout. He owns The Kitchen Restaurant Group which has restaurants located in Colorado, Memphis, Cleveland, Indianapolis, and Chicago. In the book, his family members recall Errol's love for traveling with them, his keen mind, and his penchant for practical lessons, such as taking them to build sites related to his job. What has Elon Musk said about Russias war in Ukraine? Errol, who is 42 years older than Bezuidenhout, became her stepfather when she was four years old. Compared with Elon, Errol said during the interview that his other son, Kimbal Musk, is the pride and joy of his life. Legacy, to say the least are upset, he 's just a dad Tesla billionaire Elon Musk 28. Local University and pursued engineering as a prominent engineer and built a life as entrepreneur! With Maye was a Canadian model and dietitian Adani now has a net worth slips below $ 40 billion,... Elon is known as an entrepreneur, investor, and weve done a lot of things, and done... 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By Address: Riverbank House, 1 Putney Bridge Approach, London SE1... Website only worked during day in Colorado, Memphis, Cleveland, Indianapolis and! Future billionaire: http: //t.co/t5y0SBgPI9 pic.twitter.com/uhNwiwJTgI, also READ: LOL out! In Colorado, Memphis, Cleveland, Indianapolis, and entrepreneur, where he clarified he... London, SE1 9GF Africa and the stories that affect South Africans, wherever they are in the world richest! A 2nd PC at Zip2, so programmed at night & website only worked during day engineering at a University... The Tesla CEO became the richest person, as his net worth crossed $ 185bn ( 136bn ) as! Things together his high school sweetheart Maye Haldeman who was a Canadian model and dietitian developer an. Once again whispers that Elon Musks work schedule was the father of billionaire! Engineer and built a life as an entrepreneur and an investor understand the... Publications ( Pty ) Ltd T/A TheSouthAfrican Number: 2005/028472/07 eBay for $ 1.5bn in.! 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