Elon Musk, the South African-born entrepreneur and inventor, was born into a wealthy family in Pretoria, South Africa in 1971. His mother, Maye, is a Canadian dietitian and model, while his father, Errol, is an engineer. Musk was born into a privileged family, but he was not born a millionaire.
Growing up, Musk was a bright and inquisitive child, and he had access to the best education available. He attended the prestigious Waterkloof House Preparatory School, where he excelled in science and mathematics. He then went on to study at the University of Pretoria and the University of Pennsylvania.
Musk’s parents divorced when he was ten years old, and he moved to Canada with his mother. Musk’s mother worked hard to support her family, and she encouraged her son to pursue his dreams. Musk was determined to make something of himself, and he worked hard to become a successful entrepreneur.
In 1995, Musk founded his first company, Zip2, which provided online city guides and maps. He sold the company in 1999 for $307 million. He then went on to found X.com, an online financial services company, which later merged with Confinity to become PayPal. Musk was the largest shareholder in PayPal when it was sold to eBay in 2002 for $1.5 billion.
Musk has since gone on to found a number of other successful companies, including Tesla Motors, SpaceX, and SolarCity. He is now one of the wealthiest people in the world, with an estimated net worth of over $20 billion.
Despite his wealth, Musk has remained humble and down-to-earth. He is a generous philanthropist, and he has donated millions of dollars to various causes, including renewable energy research and space exploration.
So, while Elon Musk was born into a wealthy family, he was not born a millionaire. Through hard work and determination, he has become one of the most successful entrepreneurs of our time.