Elon Musk Biography – Emperor of the EV Business, Life, Wealth & more

Estimated read time 3 min read
Debbie Rowe – Eigenes Werk

Elon Musk 

CEO, Tesla

$254.6B in 2022

Personal Stats

Age : 51 in 2022

Birth: July 28th 1971 in  Pretoria , South-Africa

Source of Wealth : self-made

Founder/ Co-Founder: Tesla, Inc., SpaceX, Neuralink, The Boring Company, Zip2, OpenAI, X.com,  Paypal, Musk Foundation, Solar City, Thud 

Residence : Austin, Texas

Citizenship : United States

Children : 10 (2022)

Education: Bachelor of Arts/Science, University of Pennsylvania

Awards: Axel Springer Award


Elon Musk is a South African-born American entrepreneur and businessman who is widely recognized as one of the most innovative and influential individuals of our time. Born on June 28, 1971, in Pretoria, South Africa, Musk was raised in a family of engineers and developed a keen interest in science and technology at an early age.

After completing his studies in physics and economics at the University of Pennsylvania, Musk started his career as a co-founder of Zip2, a web software company that provided business directories and maps to newspapers.

The company was eventually sold for $307 million, providing Musk with his first significant financial success.

In 1999, Musk founded X.com, an online payment company that later became PayPal. After eBay acquired PayPal for $1.5 billion in 2002, Musk became a multi-millionaire and shifted his focus to a variety of other ventures, including the development of electric cars, space travel, and renewable energy.

In 2004, Musk founded SpaceX, a private space exploration company that has revolutionized the industry with its reusable rockets and spacecraft. He has also been the CEO of Tesla, a company that designs and manufactures electric vehicles, since 2008. Under Musk’s leadership, Tesla has become one of the most valuable car companies in the world.

Musk’s net worth is estimated to be over $200 billion, making him one of the wealthiest people in the world. His success has been attributed to his bold vision, his ability to think outside of the box, and his relentless drive to push boundaries and create new opportunities.

Despite his enormous wealth, Musk is known for his philanthropic efforts, particularly in the areas of renewable energy and education. He has pledged to donate a significant portion of his wealth to these causes, and he has also been a vocal advocate for sustainable energy practices and climate change action.

In conclusion, Elon Musk’s entrepreneurial journey has been nothing short of extraordinary. From his early successes with Zip2 and PayPal to his groundbreaking work with SpaceX and Tesla, Musk has demonstrated an incredible ability to innovate and push boundaries in a variety of industries. His immense wealth is a testament to his vision and dedication, and his ongoing philanthropic efforts serve as an inspiration to others around the world.

Five Fascinating Facts

  • Elon Musk started learning computer programming when he was 12 years old and sold his first game, a Blastar-themed strategy game, for $500.
  • He graduated from the University of Pennsylvania with a Bachelor of Science in Economics and a Bachelor of Science in Physics.
  • Musk is a huge lover of science fiction, and he has credited authors like Robert Heinlein and Isaac Asimov as having a significant effect on his writing.
  • His idea to establish a colony on Mars is only one example of his ambitious and even contentious intentions.
  • Musk, who is a fervent supporter of renewable energy, has made significant investments in solar energy and electric vehicles through his firms Tesla and SolarCity.


  • Zip 2 in 1995
  • X.com and Paypal in 1999/2000
  • SpaceX in 2002
  • Tesla in 2004
  • Solar City in 2006
  • OpenAI in 2015
  • Neuralink in 2016
  • The Boring Company in 2016
  • Thud in 2018-2022

Other Projects:

  • Hyperloop in 2013
  • Music „RIP Haramble“ and „Don´t Doubt ur Vibe“ in 2019

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