Capital:	€ 13 billion
Age:	48
Born:	June 28, 1971
Country of origin:	South Africa
Source of wealth:	Entrepreneurs
Last updated:	2022

Short Preface

Elon Reeve Musk is a Canadian- American entrepreneur and investor. Through his participation in some of the most well- known innovative companies of the once decades, he gained worldwide renown beyond entrepreneurship and is part of the pop culture of the 21st century. In the following, this composition takes a near look at the visionary.

Early life

Elon Musk was born in Pretoria, South Africa, where he also spent his nonage and youth. Together with his two youngish siblings, he substantially lived with the father after the separation of the parents. After graduating from high academy, he applied for Canadian passports with his family and emigrated to North America at the age of 16. On the one hand, he wanted to avoid doing service service in South Africa, which was characterized by intolerance, and on the other hand, he was suitable to study at a university there. After completing his bachelorette’s degree in economics and drugs from the University of Pennsylvania, he was admitted to aPh.D. program at the famed Stanford University in California. But he broke it off after only two days with the intention of starting an internet company.

Career

At an early age, Elon Musk showed an interest in technology. He was formerly involved in programming languages when he was ten times old, and when he was twelve he vended the first tone- developed videotape game( “ blaster ”) for$ 500 to a computer magazine.

Elon Musk innovated his first own company in 1995. The company Zip2 offered content for media companies and was innovated by the entrepreneur and his family according to his own account with only 2000 US bones
in capital. Just four times latterly, the computer manufacturer Compaq bought Zip2 for$ 307 million. This was the loftiest preemption of an internet company to date and the income enabled Musk to apply farther business ideas. In 1999 he innovatedX.com, an online payment system, which in the ensuing time came the most important system of this type PayPal. When the company was vended to eBay for$1.5 billion in 2002, Musk, the largest shareholder, held11.5 of the company.

farther company foundations in the following times no longer concentrated primarily on the new development of preliminarily missing products, but rather on the possibility of making products that were preliminarily veritably precious due to their complexity, for illustration, suitable for the millions and cheaper.

The first foundations aimed in this direction were SpaceX and Tesla. The space company SpaceX, led by Musk, has managed to come the world’s leading marketable provider of rocket launches since 2002. Due to the reusability of individual rocket rudiments, SpaceX has also managed to minimize the costs per space flight. The Tesla company, where Musk has been operating since 2004, is one of the world’s most innovative in the field of electromobility and has set itself the thing of accelerating the transition to sustainable mobility.

Since 2006, Elon Musk has innovated four other companies devoted to the development of artificial intelligence and its networking with humans( OpenAI & Neuralink), the development of solar power systems( SolarCity) and the development of hyperloop transport connections( The Boring Company).

Career highlights

–Co-founder of Zip2 – 1995
–Co-founder and CEO ofX.com and PayPal – 1999
– CEO and CTO of SpaceX – 2002
– CEO and product developer of Tesla – 2004
– president SolarCity – 2006

Famous quotes

– “ tolerance is a virtue that I’m still learning. It’s a tough assignment. ”
– “ I’m interested in effects that have an impact on the future of the world. stupendous new technologies that you see and wonder if that really happed. ”
– “ I suppose ordinary people can choose to be exceptional. ”
– “ People should always strive to fulfill their passion. That makes us happier than anything differently. ”

Success tips

It’s important for Elon Musk that people have the courage to apply their fancies. Simply philosophizing about how an idea should be realized isn’t enough. He formerly said
Still, you do it, indeed if the chances are against you, “ If commodity is important enough to you. ”

In this environment, the entrepreneur also shows that failure then’s a possibility that shouldn’t be overlooked
“ Failure is anoption.However, you ’re not innovative enough, If certain effects do n’t fail. ”

still, the chance of success is significantly advanced if you manage to get your platoon enthusiastic about the idea to the same extent. The end is that people not only do their work because it’s paid, but because the workers like to do it and so you try to achieve a thing together. Or to put it in Elon Musk’s words
“ People work more when they know what they’re doing and why. It’s important that people look forward to coming to work in the morning and that they enjoy working. ”