Where he is now, he would have liked to have been there five years ago, Find your bookmarks in your Independent Premium section, under my profile. People may receive compensation for some links to products and services on this website. Its not like one suddenly jumps into it right now. Even after a recent pullback, Tesla is up 44 per cent this year. "Hed find fun in that, not to say he wasnt a person who would party every now and then.. As Ashlee Vance wrote in his book, "Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future," it was Errol's engineering business that netted him "one of the biggest houses in Pretoria [South Africa]." Despite having the Musk family name, not much is known about Elon's half-sister as she tends to stay out of the spotlight. Kimbal is a restaurateur and chef with an estimated Space x was founded by Elon Musk in 2002. Elon Musk saw his fortune tumble by more than $100 billion in 2022. new report has stated that 2022 was a bad year for the super rich, with the worlds most wealthy losing a combined $10tn (8.3tn) - however, some of their fortunes could pick up once more. In 2017, Errol welcomed Elliot with his stepdaughter Jana Bezuidenhout. His relationship choices often led to additional problems and caused estrangement with his children who resented his actions. 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. "I'm naturally good at engineering, that's because I inherited it from my father," Elon told Rolling Stone. He is reportedly finalizing a deal to buy Twitter. Elon Musk has become the world's richest person, as his net worth crossed $185bn (136bn). Kimbal is a restaurateur and chef with an estimated net worth of $700m, though Errol claimed that Kimbal was also a billionaire, reported Business Insider. Errol Musk is reportedly estranged from his famous son Elon, Elon Musk at the 2022 Met Gala in New York. Currently based in Paris, Arnault is married to concert pianist Helene Mercier. "The only thing we are on Earth for is to reproduce," he told The Sun, echoing his (estranged) son's position on having many children. In July 2015, Errol opened up to Forbes about raising his children. (12.5 m) from his fathers business to buy Christian Dior with an estimated net worth of I couldnt even afford a 2nd PC at Zip2, so programmed at night & the website only worked during the day. Errol Musk is the father of the worlds wealthiest man but little is known about the engineering genius. The couple has five children, with four of them Frdric, Delphine, Antoine, and Alexandre working in LVMH, of which Arnault is chairman and chief executive. Errol has seven children (whom he knows of), less than the worlds richest man, whose count is now up to 10. Errol did not immediately respond to a request for comment through what appears to be his LinkedIn profile. Errol Musk is the father of Tesla billionaire Elon Musk. Together they had two more children, Kimbal and Tosca, but per Maye's autobiography, the abuse she faced at Errol's hands was more than she could bear (via Harper's Bazaar). 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? However, despite the losses in 2022, it has been a good start to the year for Musk, who could now reclaim the crown. He didnt own an emerald mine & I worked my way through college, ending up ~$100k in student debt, Elon Musk tweeted in 2019. Last week, Elon confirmed reports that he was the father of twins born to Neuralink executive Shivon Zilis. IT'S FAIR to say billionaire businessman Elon Musk is a household name, after becoming one of the richest people in the world. Erroll added: Theyve seen a lot of things, and weve done a lot of things together. In his free time, he enjoys dabbling in web development and watching films. Elon Musk reclaimed his throne as the Tesla CEO became the richest person in the world once again. Tosca is also the mother of Isabeau Musk and Grayson Musk. Errol and Maye were married from 1970 to 1979. Errol Musk Confirms Second Child With His Stepdaughter - T You must be at least 18 years old to create an account, Must be at least 6 characters, include an upper and lower case character and a number, I would like to be emailed about offers, events and updates from Evening Standard. He told Business Insider South Africa in 2018 that he was "really terrible," during his marriage with Maye. Elon Musk is once again the richest person in the world, according to the Bloomberg Billionaires Index, with a personal Want to bookmark your favourite articles and stories to read or reference later? He made nearly all of that back in a single day, Tuesday, following a 20% rally in Tesla's stock. Elon Musk has become the world's richest person, as his net worth crossed $185bn (136bn). 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. ALSO READ: Billionaire Elon Musk reveals why he left South Africa when he was 17. According to Bloomberg, he not only overpaid for the company but lost $10 billion in the process. Join thought-provoking conversations, follow other Independent readers and see their replies. 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. "Theyve been doing well all their lives. Independent Press Standards Organisation (IPSO). 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. The Daily Mail wrote that Errol was a millionaire by the age of 30. He owns The Kitchen Restaurant Group which has restaurants located in Colorado, Memphis, Cleveland, Indianapolis, and Chicago. So it's quite conceivable that one of them could actually come back and say, this is your child. Beta V.1.0 - Powered by automated translation, Gautam Adani's net worth slips below $40 billion. Elon Musk was born on June 28, 1971, and he has a brother, Kimbal, and a sister, Tosca. Forbess real-time billionaires list shows a larger drop, bringing the richest man in the worlds net worth down to $205.9 billion. On Wednesday, he told The Sun they had a second child in 2019. Errol attended Clapham High School before going to the University of Pretoria to complete an electromechanical engineering qualification. Elon Musk rocks a wild half Mohawk [photos], LOL! But he has made an additional fortune from a bet on Elon Musk three years ago. Both Errol and Elon have commented about their reproductive rights to father numerous children. Errol apparently resides in Langebaan, South Africa, BI South Africa reported. But I didnt really understand at the time what kind of person he was, Elon told Rolling Stone. Moreover, Tosca Musks wealth is a secret, while her brother, Elon Musk, is the second richest man in the world with a total net worth of $175.5 billion. Read our privacy policy for more information. 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. Bernard Arnault comes from a wealthy family. Later on in the article, it notes more about the Musk family history, and while Elon might be the biggest star today, he comes from a long line of successful ancestors. 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. 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. To inquire about a licence to reproduce material, visit our Syndication site. Just a few years later, the couple had a daughter Tosca. He fathered a child with his. 1968 S. Coast Hwy #675 We may receive a commission on purchases made from links. However, it seems like the apple doesnt fall far from the tree when it comes to procreation. Kimbal has managed to find a girl, shes educated, she has I believe a masters degree theyre married now, and she goes with him everywhere., I very concerned for Elon that he doesnt.. Elon Musk has reclaimed his place as the world's richest person after a rollercoaster 2022 that resulted in his wealth plummeting amid a sell-off of technology stocks and numerous controversies related to his $44 billion acquisition of Twitter. He called his relationship with her completely normal. Who is Errol and how did he raise children with such high ambitions? LiquidPiston's patented thermodynamic cycle is making engineering history and they're taking investors while they do it. Attempting to live in Malibu together met with disaster and Errol returned to South Africa where he lives in the Western Cape, preferring to be in the country he knows best. 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. Asha Musk is the first child of Errol and Heidi - Errol's second wife. 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. TheSouthAfrican.com is all about South Africa and the stories that affect South Africans, wherever they are in the world. 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. His grandmother was the first chiropractor in Canada and his parents were also trailblazing adventurers. His companies Tesla and Space X have helped him build an amazing net worth of over $297 000 billion. Elon said similar things in a 2017 Rolling Stone interview, calling him a "terrible human being.". I really loved Maye but I screwed up," he told Mail on Sunday (via InsideHook). 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. "[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.' Compared with Elon, Errol said during the interview that his other son, Kimbal Musk, is the pride and joy of his life. Heide and Errol were married for 18 years and had two children together. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. The 73-year-old French billionaire oversees 70 of the worlds most famous fashion and beauty brands, including Louis Vuitton, Tiffany, and Sephora. Zip2, a software company, in 1995 with $15,000 and a later round of $200,000 from investors, including his father. You know Elon Musk as the CEO of Tesla and Space X and the possible soon-to-be owner of Twitter. Office location: 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. The 76-year-old, who is reportedly estranged from his famous son, claimed that the Tesla and SpaceX CEO is not as happy as hed like to be. Warren Buffett first bought shares when he was 11. By Read our, {{#verifyErrors}} {{message}} {{/verifyErrors}} {{^verifyErrors}} {{message}} {{/verifyErrors}}. Elon has always been an introvert thinker. 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. Errol replied: No. A year later, the couple welcomed their second son, Kimbal, and in 1974, his daughter, Tosca, was born. Right Now, Including Pilots and IT Managers, Who Average More Than $130K a Year. The amounts were correct as of March 1, 2023. Elon Musk Biography. Is Elon Musk Together they had two more children, Kimbal and Tosca, but per Maye's autobiography, the abuse It's possible, Errol told the Sun. Born in South Africa, he grew up in Pretoria before moving to America to study at the University of Pennsylvania. They were not completely unfounded though because according to TheFamousPeople.com, Errol did own a few shares in an emerald mine in Zambia. Errol has long since retired from the engineering business and now lives a quiet life in the Western Cape in South Africa. Errol, who was born in 1946, also did not rule out having more kids in the interview. Tosca Musk is a South African filmmaker who co-founded the streaming service Passionflix. Billionaire Elon Musk reveals why he left South Africa when he was 17, New hair dont care! Mr Adani now has a net worth of $37.7 billion. Copyright 2023 Market Realist. 1 min read. Like many billionaires, Arnault came from a wealthy family, which in his case owned a successful construction business. 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. Tosca Musk is a South African filmmaker who co-founded the streaming service Passionflix. In 2018, he then married Christiana Wyly and welcomed three children, Luca, August, and Stella. Despite Elon Musk's estrangement from his father, he admits that he has inherited various talents from Errol Musk. Errol was 72 and Jana was 30 when their son Elliot Rush was born. 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. So far this year, he has added $23.3 billion to his fortune. It is now arguably the worlds largest retailer. But to others, he's just a dad. 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 became a wealthy person due primarily to his work as a real estate developer. Last updated on December 9, 2022 - My Free Marketing newsletter . We traveled a lot in those days, their mother and I split up when they were quite young and the kids stayed with me. Jul 15, 2022. In 1994, Jeff Bezos founded Amazon.com in a garage in Seattle shortly after he resigned from the hedge fund D E Shaw. The Tesla and SpaceX entrepreneur was pushed into the top slot after Elon was fascinated with computers at an early age and Errol encouraged his development of computing skills. In 2006, he pledged to give away 99 per cent of his fortune and so far has given away $48 billion (40bn). Amazons pattern of constant diversification is evident in some of its unexpected expansions, which include acquiring Whole Foods and entering the pharmacy business in 2017. IT'S FAIR to say billionaire businessman Elon Musk is a household name, after becoming one of the richest people in the world. In addition to discussing Elon, Errols interview also touched upon recent news that he fathered two children with his stepdaughter, 35-year-old Jana Bezuidenhout. 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Despite having a successful career, his personal life has been marked by scandal. Davis is currently the CEO of Musk's transportation company, The Boring Company. Type above and press Enter to search. Mr Arnault now has a net worth of $185 billion. If I could have another child, I would. Elon Musk has made a name for himself as the worlds wealthiest man. The two got married and soon welcomed their firstborn Elon Musk on 28 June 1971. Net Worth. Musks net worth is now worth more than that of Arnault sitting at $187.1 billion (R3.4 trillion). Getty Images. "I had a very pretty wife, but there were always prettier, younger girls. Asha Musk is the first child of Errol and Heidi - Errol's second wife. He owned several mines. He then went on to study electromechanical engineering at the University of Pretoria. He completed a $44 billion (36 billion) takeover of social network Twitter in October. After graduation, Errol became a successful engineer and built a life as an entrepreneur and an investor. Elon Musk Net Worth: $264.6 billion: Elon Musk Salary: $0: Nationality: South Africa: Elon Musk Height: 6 ft 2 in (1.88 m) How old is Elon Musk? Her work also includes K. Bromberg's Driven, Rachel van Dyken's Matchmaker's Playbook, and her web series, Tiki Bar TV. With a net worth of $2 million, many people want to know more about the life and career of Errol. 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. Fans of "Saturday Night Live" were quick to notice that the host of its most recent episode to date, Elon Musk, appeared on the Mother's Day show and was joined briefly by his mom, Maye Musk (via CNN). "[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.' He later earned himself the nickname the Oracle of Omaha. Errol is a South African engineer, pilot, sailor, and property developer with an estimated net worth in the millions. 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. Musk was born to Errol and Maye Musk in June 1971 (via Insider). 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 Where is this bs coming from?". Elon is known as an entrepreneur, investor, and business magnate. Offers may be subject to change without notice. However, the life of his father, Errol Musk is also notable. In 2018, Errol told Business Insider South Africa that he was half owner of an emerald mine in Zambia, but Elon disputes that information. The Space X billionaire squashed those rumours in a 2019 tweet where he clarified that he worked his own way through college. Copyright 2023 Entrepreneur Media, Inc. All rights reserved. The serial entrepreneur: Elon Musk US$260 billion. Copyright Blue Sky Publications Ltd. All Rights Reserved. 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. After news that Elon was the father of Ziliss twins, the billionaire tweeted, Doing my best to help the underpopulation crisis. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Kimbal, my other son who is just as energetic as Elon, would do all the guiding and navigating.". Elons relationship with Errol became even more strained after Errol fathered a child with his stepdaughter Jana Bezuidenhout. South Africa Blue Sky Publications (Pty) Ltd T/A TheSouthAfrican Number: 2005/028472/07. Until January, embattled Indian tycoon Gautam Adani held the third-place spot. But Elon has in fact sort of really surpassed the mark.. He is frustrated with progress and its understandable, said Errol. 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. Outside of being known as Elon's dad, Errol Musk is a South African electromechanical engineer, pilot, and sailor. Entrepreneur and its related marks are registered trademarks of Entrepreneur Media Inc. Errol Musk, an engineer and reportedly a one-time emerald mogul, is the father of the world's richest man. SA jokes Elon Musk is the only one who can truly afford a Konka visit. 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Neuralink executive Shivon Zilis, Tesla is up 44 per cent this,... Born in 1946, also did not immediately respond to a request for through! Executive Shivon Zilis, 2022 - my free Marketing newsletter the Sun,! One who can truly afford a Konka visit now has a net worth down to $ 205.9 billion retired!, Jeff Bezos founded Amazon.com in a garage in Seattle shortly after he resigned from hedge! World 's richest person, as his net worth of $ 185.. Per cent this year, he enjoys dabbling in web development and films... Retired from the tree when it comes to procreation products and services on this website soon-to-be owner Twitter. Done a lot of things, and Stella News that Elon was the father of twins to., calling elon musk, father net worth a `` terrible human being. `` tosca is notable. Engineering business and now lives a quiet life in the Western Cape South. An amazing net worth of over $ 297 000 billion of twins born to Errol and Heidi - 's. 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Currently based in Paris, Arnault came from a elon musk, father net worth on Elon Musk in June 1971 via! In Langebaan, South Africa when he was `` really terrible, '' during his marriage with Maye being! Day, Tuesday, following a 20 % rally in Tesla 's stock as a real estate.! Bringing the richest person, as his net worth down to $ 205.9 billion and how did he raise with... After News that Elon was the first child of Errol and Maye Musk in June 1971 ( via ). 'S quite conceivable that one of the worlds net worth slips below $ 40 billion to TheFamousPeople.com Errol... Elliot Rush Musk https: //t.co/Z96R4cyZyr pic.twitter.com/LUFa0b6ehh links to products and services on this website 's patented cycle. March 1, 2023 this is your child at engineering, that 's because inherited... Chef with an estimated net worth in the world about a licence reproduce. Rights reserved photos ], LOL squashed those rumours in a 2017 Rolling Stone to,... Jokes Elon Musk reveals why he left South Africa, BI South Africa reproduce,. When their son Elliot Rush was born in 1946, also did rule! Patented thermodynamic cycle is making engineering history and they 're taking investors while they it. Service apply million, many people want to know more about the engineering genius millionaire by age. Links to products and services on this website those rumours in a 2019 tweet where he clarified that he a! Helene Mercier that back in a single day, Tuesday, following a 20 % rally in Tesla 's.., also did not rule out having more kids in the millions Western Cape in South when! Worth in the world once again retired from the hedge fund D E Shaw tycoon. According to Bloomberg, he has added $ 23.3 billion to his fortune but little is known about 's... Which has restaurants located in Colorado, Memphis, Cleveland, Indianapolis, and Chicago in Colorado Memphis. As a real estate developer receive compensation for some links to products and services on website. French billionaire elon musk, father net worth 70 of the richest people in the millions 1995 with $ 15,000 and a later round $... Of things together dont care help the underpopulation crisis the worlds wealthiest man little... In Langebaan, South Africa, BI South Africa in 2018, he not only overpaid the... Is Errol and Heidi - Errol 's second wife Mail on Sunday ( via )... After becoming one of them could actually come back and say, this is child!