Did Elon Musk grow up rich?
JayantExperts
Asked: November 6, 20222022-11-06T19:09:13+05:30 2022-11-06T19:09:13+05:30In: Personalities
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Elon Musk was not born into a wealthy family. He grew up in South Africa, and his parents divorced when he was a child. He had a difficult childhood, and his father was reported to be physically abusive towards him and his brother. His family was not well off financially, but they were middle-class.Read more
Elon Musk was not born into a wealthy family. He grew up in South Africa, and his parents divorced when he was a child. He had a difficult childhood, and his father was reported to be physically abusive towards him and his brother. His family was not well off financially, but they were middle-class.
Musk was an ambitious and hardworking student, and he was interested in technology and entrepreneurship from a young age. He wrote his first computer program at the age of 12, and started his first business, a video game company, at the age of 12.
He moved to the United States to attend college at the University of Pennsylvania, and later went on to pursue a PhD at Stanford University, but decided to drop out after two days to start his first company, Zip2, which provided online business directories and maps to newspapers. The company was eventually sold for nearly $300 million.
Musk continued to start and invest in various companies throughout his career, and has been involved in multiple successful ventures such as PayPal, SpaceX, Tesla, Neuralink, and The Boring Company. These ventures have made him one of the wealthiest people in the world, with an estimated net worth of over $200 billion as of 2021.
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