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Elon Musk - CEO & Chief Engineer at SpaceX, CEO & Product Architect at Tesla, Inc, new
owner of Twitter, previous co-founder of Paypal, and wealthiest person on the planet with an
estimated net worth of around $274billion…not bad going for a guy who recently turned 50!
Born to a Canadian mother and a South African father, Musk grew up in South Africa and moved
to Canada when he was 17, then later to the United States where he studied economics and
physics at university.. He started up and co-founded his first business aged just 24, Zip2, a web software company
that was later acquired by Compaq, the American IT company for a whopping 307million US dollars
(cash, no less….wowzers!).. Prior to this success, Musk could hardly afford an apartment and was sleeping in his office,
showering at the YMCA, and working a second job at night.
Always searching for his next project, Musk then co-founded X.com in 1999, an online financial
service.. He had the excellent foresight to realize that online banking would become the norm
and he wasn’t wrong.. However, not unlike Steve Jobs, Musk was pushed out, not once, but twice before the company
merged with Paypal and then was later bought by eBay three years later for $1.5billion
(in stock).. As part of this deal, Musk himself received around $176million….safe to say, he could
afford his own apartment by this time!.
/ˈsərCHiNG/
thoroughly scrutinizing. To look carefully for someone or something.
/inˈvälvd/
difficult to understand. To have or be included as a part of something.
/ˈstədēd/
achieved or maintained by careful and deliberate effort. To focus on learning something usually at school.
/ˈslēpiNG/
in state of sleep. fact or state of being asleep. To have enough beds for.
/ˌekəˈnämiks/
branch of knowledge concerned with production, consumption. Studies of trade, industry and money.