Elon Musk Now Third Richest Man In The World
Elon Musk created and sold his first video game at age 12. In his twenties he founded Paypal. He is now the owner of Tesla, Space X, and SolarCity. And in 2020 he has gone from being the 31st millionaire in the world to the third richest man in the world, only behind Jeff Bezos and Bernard Arnault according to the Forbes 2020 List. Elon Musk now the third richest man in the world.
Perhaps the turning point in his successful career was military service. The one that Elon Musk managed to avoid when, at the age of 17, he left his native South Africa because in those apartheid days, fulfilling that obligation meant mistreating the black population. He moved to Canada, from where his maternal family is original, on a stopover prior to his final landing in the United States.
Born in Pretoria on June 28, 1971, he cultivated between comic books and readings by Nietzsche or Schopenhauer. A victim of bullying from his peers, he managed to take refuge in technology. At age 10, he learned to program on his own with a Commodore VIC-20 computer.
His first commercial success came two years later, when he sold his own video game: the space-themed, homegrown Blastar, for $ 500.
He took the alternative in the world of business in the United States, the mecca of business. At just 24 years old, in 1995 and with a degree in Business Administration and Physics from the University of Pennsylvania already on his CV, he founded his first company: Zip2 Corporation, in a context where the internet was still breaking its shell.
He was engaged in the development, hosting and maintenance of specific websites for media companies, with clients such as The New York Times.
He entered the Olympus of millionaires in 1999 by taking advantage of the dot-com bubble. A change of cards that arose with the sale of his idea to Compaq Computer for about 350 million dollars and was consolidated by venturing into the X.com project, specialized in financial services and payments via email.
They were the foundations of PayPal, the number one firm in Internet transactions today and the cradle of founders of companies that have revolutionized the sector, such as YouTube or LinkedIn.
In 2002, eBay acquired PayPal for $ 1.5 billion. The majority shareholder was… of course, Elon Musk, who with 11.7% of the company’s shares, put enough injection into his bank account to be able to develop innovations in his favourite fields: the automobile, renewable energies and outer space. Overnight he became a billionaire and began to appear on the Forbes list.
” Elon Musk has a privileged mind. It will change the future of Humanity. I would donate my entire fortune to him. These are the words of Larry Page, CEO and creator of Google. Full of sense, because your business plans are destined to change the world.
Meanwhile, Ashlee Vance, author of her authorized biography, defends a shocking theory: “You can accomplish much more important things than Steve Jobs. The question is whether he can hold out emotionally. Comparisons aside, his professional career is clearly diversified today.
He is the visible head of Tesla, a corporation founded on the development of the electric vehicle: “in the future, you will be able to travel by car for free, forever, with the only help of sunlight,” the billionaire repeated. A dream that has been taking shape.
First, through the sports Tesla Roadster, which boasted a top speed of 201 km / h, it went from 0 to 100 in 3.9 seconds and a charging range of 393 km. Then with the Tesla S model, with average independence of 407 kilometres.
The next step was the Tesla Model X an SUV with seven seats, equipped with two independent motors and enabled to reach 100 km / h in 3.2 seconds after ignition. Than the Tesla Model 3 and the Tesla Model Y would arrive. And he even has the project of an electric truck underway, the Tesla Semi.
And, like Thumbelina, he has been placing chargers in hundreds of points in the US as if they were breadcrumbs. With its own exclusive technology, of course.
Meanwhile, concern for sustainable growth encouraged him to embark with his cousins in SolarCity, which designs and installs solar panels in buildings. Today it is one of the world leaders in the sector.
The next step is the update of the Tesla Roadster, the electric supercar of the future with amazing performance… As well as constant delays.
Something that has not prevented Tesla from being valued at the end of November 2020 at 500,000 million dollars. Not bad for a company that, at the beginning of the year ‘barely’ was worth 80,000 million …
The great beneficiary is, of course, Elon Musk, who has seen his fortune multiplied by five! this 2020 until he became the third richest man in the world with 132,000 million dollars according to the Forbes List: at the beginning of the year his fortune was valued at 24,000 million …
And, in the race to lead the electric car of the future (and its technology), Elon Musk still has a lot to say. Despite all the detractors who try to ‘bury’ him day in and day out.
Elon Musk was named Entrepreneur of the Year in 2007 by Inc Magazine. According to the publication, that word fell short.
But his ambition goes beyond planetary limits. The Falcon 9 rocket, designed by your SpaceX, is already capable of travelling outside the Earth’s atmosphere and landing safely on land and at sea. Not satisfied with that, it has been proposed to launch a fleet of 700 satellites to bring the Internet to all parts of the world, even the most remote.
The real figure of Elon Musk has he alter ego in fiction: he was the inspiration for the new generation of Iron Man in the cinema. The series’ director, John Favreau, and the lead actor, Robert Downey Jr., realized they were before their numen when they met with him. As a good fan of superheroes – and driven by ego – the idea filled him with excitement.
So much so that he lent the SpaceX facilities for filming and even made a cameo in the second part. Now it is he who is obsessed with ‘bringing life’ to Tony Stark. Just a year ago, he met with the US Secretary of Defense, Ashton Carter, to “discuss a flying metallic suit,” as he announced on Twitter (despite Pentagon attempts to keep it secret).
“To achieve ambitious challenges you have to prepare something big. ” If more than five centuries ago Columbus pointed his finger in the direction of America, his finger points to Mars. The challenge is for the colonization of the Red Planet to be a reality in two decades and has already christened the project: Mars Colonial Transporter.
He hopes to send an unmanned ship shortly. Test flights would start in 2022. And the first humans would travel two years later with probably just the one-way ticket. It is precisely there that Elon Musk would like to rest forever: “I want to die on Mars. “