Elon Musk is currently the wealthiest person globally, with his net worth at over $200 billion. Though a South African by birth, Elon Musk’s accent has created confusion, with some conspiracy theorists saying he is a hybrid human. Elon Musk became famous with his first electronic vehicle, which transformed the global automobile industry. Today, Musk is the CEO of Tesla Motors and a host of other renewable-energy-powered companies. Musk is presently married with 6 kids from different women.
So What is Elon Musk’s Accent
Elon Musk is believed to have a bit of a South African accent mixed with North American and British ancestry accents.
What You Should Know About Elon Musk
The following information is the truth about Elon Must
Elon Musk was born in Pretoria, South Africa, in 1971, and he is currently 50 years old. By Citizenship, Musk is a South African, Canadian, and American. He is the founder and Chief Executive Officer of SpaceX and Tesla Incorporated. He is also the founder of the Boring Company and X.com, which used to be part of PayPal. Elon Musk is also a co-founder of Open AI and Zip2.
Elon Musk completed his university education and obtained BA and BSc at the University of Pennsylvania. Musk married Justine Wilson in 2000 but divorced in 2008. He married Talulah Riley in 2010 before filing for divorce in 2012. He remarried in 2013 before filing for divorce again in 202016. Elon was born to Errol, his father, and Maye Musk. He has two siblings- Tosca and Kimbal.
2. Elon Musk- Education
Elon Musk is currently the CEO and chief engineer at SpaceX, an organization involved in space exploration. He is currently worth $221 billion as of March 2022, and he is currently the wealthiest person in the world, according to Forbes and Bloomberg billionaire lists.
Elon Musk was born to a white Canadian mother and a South African father in South Africa. He briefly studied at the University of Pretoria before moving to Canada at 17. Though he had enrolled at queen’s University in Canada before transferring his enrolment to the University of Pennsylvania after 2 years, he obtained a Bachelor’s degree in Economics and Physics.
In 1995 Elon Musk had moved to California and enrolled at the University of Stanford but later changed his mind to pursue a career in business, and he co-founded Zip2, a software company. In 1999, the company grew so much and was acquired by Compaq for more than $ 300 million. It was in the same year that Elon Musk co-founded X.com, a company that merged later with Confinity a year later to form PayPal.
SpaceX was founded by Elon Musk in 2002, and in 2004, he joined Tesla Motors until he became the CEO in 2008. In 2006, Musk played a vital role in establishing Solar City, but the company became Tesla Energy in 2015. OpenAI was created in 2015 with the influence of Elon Musk, and it provides human-friendly artificial intelligence products. He has also helped in creating and merging several businesses, including small startups.
3. Elon Musk Controversies
Elon Musk, just like many other famous figures, has his share of conspiracies. He was mainly accused of making some unscientific and unorthodox statements. In 2018, for instance, Elon Musk was sued by the SEC after he made a false statement that he had secured funding for the takeover of his company-Tesla. However, he had made some settlements with the SEC after the controversies and even stepped down as Tesla chairman. He had also agreed that limitations should be placed on his Twitter activities after the litigation.
In 2019, Elon Musk had won a defamation lawsuit brought against him to rescue Tham Luang Cave incidence. Musk had been accused several times of spreading false information on the Covid19 pandemic alongside his views on cryptocurrency and artificial intelligence.
Another controversy that has trailed Elon Musk was that his foundation had donated very little money to its charity courses over the years. For instance, the organization donated a meager $25 million to charity courses between 2002 and 2018. Nearly of these charity donations were sent to OpenAI that was a non-profit organization at that period.
4. Elon Musk Philanthropy
Elon Musk has executed most of his philanthropic gestures through his Elon Musk Foundation. One of the primary purposes of the foundation is to provide solar power, most especially to areas hit by natural disasters, and to support research in Artificial Intelligence and non-profit activities.
Many organizations and individuals have benefitted from Musk’s philanthropy, including the University of Pennsylvania, where he obtained a degree, and Wikimedia Foundation. The Elon Musk Foundation is also involved in supporting educational, advocacy, and developmental goals to solve humanity’s problems.
Elon Musk had decided to t1ake the giving pledge in 2012, where he decided to donate most of his wealth to charitable courses, and this could be during his lifetime or in his will. Forbes rated Elon Musk’s philanthropy gesture as 1 in 2021 because he had already donated more than 1% of his net worth to charity.
Elon Musk has donated up to $15 million to the X Prize Foundation to promote innovation and end illiteracy. He has also distributed almost $100 million to research on the capture of Carbon Dioxide and the fight against global warming. The greatest donation Elon Musk ever made was in November 2021, when he donated more than $5.6 billion of his Tesla shares to charity.
Elon Musk And His Wealth
Elon Musk had made most of his wealth from company mergers, takeovers, and public listing of shares of the companies he is involved with. He was reported to have made a whopping $165 million when eBay acquired eBay in 2002. In 2002 also, he was first listed on the Forbes Billionaire list after acquiring a net worth of about $ 2 billion.
Elon Musk had the biggest leap in wealth in 2020, he started the year with a net worth of $20 billion, and by the end, it had increased to $150 billion. Most of the increase in wealth was linked to his 20% shares in Tesla.
Just like many other billionaires on the Forbes list, Musk’s wealth value remained volatile. For instance, he lost more than $16 billion in September 2020, and that happened to be the largest plunge in the wealth of an individual in a single day on Bloomberg’s billionaire’s list. In November of the same year, Elon Musk had surpassed Mark Zuckerberg, owner of Facebook, to become the third wealthiest person alive, after Jeff Bezos and Bill Gate.
By the beginning of 2021, Elon Musk had surpassed Jeff Bezos to become the richest man in the world after his wealth increased to $185 billion. Though Bezos reclaimed the top spot by February 2022, that didn’t stop Elon from regaining the position by September after Forbes reported that his net worth is now more than $200 billion.
In November 2021, Tesla’s stock value surged incredibly, and for the first time, a Billionaire by the name of Elon Musk became the first person to net a value of more than $300 billion.
About three-quarter of Elon Musk’s wealth comes from his ownership of the majority stake in Tesla. Though Elon does not get paid by Tesla, he had however agreed to a compensation plan tied to the value of the company. This means that Elon Musk will only get paid when Tesla’s record surpasses certain market evaluations. The deal was reported to be one of the largest ever stuck between a CEO and a company board.
Between 2014 and 2018, Elon Must received about $1.52 billion payment from Tesla and was reported to have paid about $455 million. It was reported that Elon Musk didn’t pay a Federal tax in 2018. Elon Musk sold a whopping $14 billion worth of Tesla stocks in 2021.
Elon Musk has repeatedly described himself as being cash-poor and not interested in the wealth trap. Elon Musk used to practice air piloting as a hobby but gave it up in 2008. The criticism that trailed the fossil fuel consumption of his jet might have contributed to his dropping of piloting hobby.
There is no single description for Elon Musk’s accent, but one can easily detect the South African and North American tones in the way he talks. Sometimes, Elon Musk would speak too slow that some people think he could be a hybrid human. Elon Musk is known to be an American democratic party sympathiser as he donates to the group regularly. Elon has a wide range of controversial views on the pandemic, artificial intelligence, science, and metaverse, and most of these have brought several negative reactions towards him. He is just as controversial offline as he is on social media.