Elon Musk a self-made billionaire? World’s 2nd richest says, ‘Havent inherited anything ever’ | Mint – Mint
Elon Musk, the world's second-richest person has shared brief details about his childhood. The CEO of Tesla and SpaceX, whose net worth is $178.2 billion revealed he has never received anything in inheritance, not even a large financial gift. His statement snubs claims which said Musk is not a self-made billionaire also his father's claims that he bankrolled Musk from Zambia's emerald mine.
Elon Musk, the world's second-richest person has shared brief details about his childhood. The CEO of Tesla and SpaceX, whose net worth is $178.2 billion revealed he has never received anything in inheritance, not even a large financial gift. His statement snubs claims which said Musk is not a self-made billionaire also his father's claims that he bankrolled Musk from Zambia's emerald mine.
Musk responded to a tweet by Deborah who mentioned, " Even having a wealthy family, a student can have a lot of financial difficulties. On the other hand, the cited source is not reliable at all".
Musk responded to a tweet by Deborah who mentioned, " Even having a wealthy family, a student can have a lot of financial difficulties. On the other hand, the cited source is not reliable at all".
To which Musk replied that he grew up in a lower, transitioning to the upper, middle-income situation but he never experience a happy childhood.
To which Musk replied that he grew up in a lower, transitioning to the upper, middle-income situation but he never experience a happy childhood.
"I grew up in a lower, transitioning to an upper, middle-income situation, but did not have a happy childhood. Havent inherited anything ever from anyone, nor has anyone given me a large financial gift".
"I grew up in a lower, transitioning to an upper, middle-income situation, but did not have a happy childhood. Havent inherited anything ever from anyone, nor has anyone given me a large financial gift".
Musk said his father, Errol Musk, never supported him financially after high school in "any meaningful way".
Musk said his father, Errol Musk, never supported him financially after high school in "any meaningful way".
Revealing about his father's business, Musk stated "My father created a small electrical/mechanical engineering company that was successful for 20 to 30 years, but it fell on hard times. He has been essentially bankrupt for about 25 years, requiring financial support from my brother and me.".
Revealing about his father's business, Musk stated "My father created a small electrical/mechanical engineering company that was successful for 20 to 30 years, but it fell on hard times. He has been essentially bankrupt for about 25 years, requiring financial support from my brother and me.".
However, the billionaire showed gratitude to his father, and said "he does deserve credit for teaching me the fundamentals of physics, engineering, and construction, which is more valuable than money".
However, the billionaire showed gratitude to his father, and said "he does deserve credit for teaching me the fundamentals of physics, engineering, and construction, which is more valuable than money".
Musk and his brother Kimbal Musk, a chef and an entrepreneur in South Africa provided financial support to their father on one condition that he would not engage in bad behaviour.
Musk and his brother Kimbal Musk, a chef and an entrepreneur in South Africa provided financial support to their father on one condition that he would not engage in bad behaviour.
"Unfortunately, he nonetheless did. There are young children involved, so we continued to provide financial support for their well-being," he added.
"Unfortunately, he nonetheless did. There are young children involved, so we continued to provide financial support for their well-being," he added.
Spurning the theory of Musk's father has an "emerald mine", the Twitter chief said, "there is no objective evidence whatsoever that this mine ever existed. He told me that he owned a share in a mine in Zambia, and I believed him for a while, but nobody has ever seen the mine, nor are there any records of its existence. If this mine was real, he would not require financial support from my brother and me".
Spurning the theory of Musk's father has an "emerald mine", the Twitter chief said, "there is no objective evidence whatsoever that this mine ever existed. He told me that he owned a share in a mine in Zambia, and I believed him for a while, but nobody has ever seen the mine, nor are there any records of its existence. If this mine was real, he would not require financial support from my brother and me".
Last month, Elon Musk offered a million Dogecoin (almost $78000) o anyone who could prove the existence of an emerald mine his father supposedly owned.
Last month, Elon Musk offered a million Dogecoin (almost $78000) o anyone who could prove the existence of an emerald mine his father supposedly owned.
Subsequently, Musk's father Errol gave an interview to The Sun wherein he confirmed the existence of the mine and l.
Subsequently, Musk's father Errol gave an interview to The Sun wherein he confirmed the existence of the mine and l.
"What Elon is saying is that there was no formal mine. It was a rock formation protruding from the ground in the middle of nowhere," Errol told the tabloid, noting that he kept his involvement with the operation "under the table."
"What Elon is saying is that there was no formal mine. It was a rock formation protruding from the ground in the middle of nowhere," Errol told the tabloid, noting that he kept his involvement with the operation "under the table."
"There was no mining company. There are no signed agreements or financial statements," he explained. "No one owned anything. The deal was done on a handshake with the Italian man at a time when Zambia was a free for all."
"There was no mining company. There are no signed agreements or financial statements," he explained. "No one owned anything. The deal was done on a handshake with the Italian man at a time when Zambia was a free for all."
Errol Musk also stated that emerald money paid for his son's move to the US, where Elon would go on to attend the University of Pennsylvania's Wharton Business School on scholarship with, apparently, emerald-generated cash in his pocket for living expenses.
Errol Musk also stated that emerald money paid for his son's move to the US, where Elon would go on to attend the University of Pennsylvania's Wharton Business School on scholarship with, apparently, emerald-generated cash in his pocket for living expenses.
"Elon's main concern is not to appear to be a 'trust fund kid' who got everything given to him on a plate," Errol Musk told the tabloid.
"Elon's main concern is not to appear to be a 'trust fund kid' who got everything given to him on a plate," Errol Musk told the tabloid.
Elon Musk's father added that his son took risks and worked like blazes to be where he is today.
Elon Musk's father added that his son took risks and worked like blazes to be where he is today.
"The emeralds helped us through a very trying time in South Africa when people were fleeing the country in droves," he concluded.
"The emeralds helped us through a very trying time in South Africa when people were fleeing the country in droves," he concluded.
See the article here:
- Elon Musk makes stunning claim after Tesla profits plummet: 'If the ship of America goes down, Tesla will go with it' - Yahoo - April 27th, 2025 [April 27th, 2025]
- Elon Musk reveals plans to do exactly what hes been warned against - TheStreet - April 27th, 2025 [April 27th, 2025]
- DOGE's Loss Of Tesla's Elon Musk Could Be This Group's Gain - Investor's Business Daily - April 27th, 2025 [April 27th, 2025]
- Here's what Elon Musk said about tariffs and their potential effect on Tesla - CNBC - April 27th, 2025 [April 27th, 2025]
- Elon Musk Has a Huge Problem With His Republican Fans: They're Ditching Their Teslas - futurism.com - April 27th, 2025 [April 27th, 2025]
- A Young Elon Musk Declared Himself Reincarnation of Alexander the Great, New Book Reveals - The Daily Beast - April 27th, 2025 [April 27th, 2025]
- Elon Musk Is Stepping Back From DOGE. How Much Has It Saved the Government? - Investopedia - April 27th, 2025 [April 27th, 2025]
- As Tesla's sales and profit tumble, investors ask Elon Musk to ditch DOGE and return to automaker - CBS News - April 27th, 2025 [April 27th, 2025]
- WWE in the West Wing: Elon Musk gets into shouting match with another middle-aged billionaire - AL.com - April 27th, 2025 [April 27th, 2025]
- Elon Musk and the Dangerous Myth of Omnigenius - Bloomberg.com - April 14th, 2025 [April 14th, 2025]
- Elon Musk gets government policy ideas from X. Heres how. - The Washington Post - April 14th, 2025 [April 14th, 2025]
- Video: Peninsula crosswalks hacked with mock messages from Mark Zuckerberg, Elon Musk - KRON4 - April 14th, 2025 [April 14th, 2025]
- How Elon Musk is Using His Political Influence to Secure the Future of X - Social Media Today - April 14th, 2025 [April 14th, 2025]
- Elon Musk wants control of a public beach. The state of Texas is preparing to give it to him. - KUT - April 14th, 2025 [April 14th, 2025]
- Donald Trump says Elon Musk hasnt been treated properly but he doesnt need Tesla CEO for anything - AL.com - April 14th, 2025 [April 14th, 2025]
- Elon Musk's Credibility Sinking as He's Caught in Web of Lies - Futurism - April 14th, 2025 [April 14th, 2025]
- Elon Musk drastically drops DOGEs savings goal from $2 trillion to $150 billion for the year - Fortune - April 14th, 2025 [April 14th, 2025]
- Elon Musk might be on borrowed time: Donald Trump admits he likes the Tesla CEO but doesnt really need hi - The Economic Times - April 14th, 2025 [April 14th, 2025]
- Elon Musk Promises Social Security Benefits Will Increase as a Result of DOGE: Experts Weigh In - Yahoo Finance - April 14th, 2025 [April 14th, 2025]
- When Elon Musk Hears About Lives He's Destroyed, He Reportedly Responds With Laugh-Cry Emojis - Futurism - April 14th, 2025 [April 14th, 2025]
- Elon Musk Says DOGE Will Produce Savings Of $150 Billion In FY2026 - Forbes - April 14th, 2025 [April 14th, 2025]
- Fed-up Trump official rips into Elon Musk: The most irritating person Ive ever had to deal with - Hindustan Times - April 14th, 2025 [April 14th, 2025]
- JD Vance, Elon Musk's younger brother clash on social media over Trump's tariffs - USA Today - April 14th, 2025 [April 14th, 2025]
- Elon Musk accused of rage quitting while live-streaming a video game after repeatedly dying and being mercilessly cyberbullied by viewers - Fortune - April 10th, 2025 [April 10th, 2025]
- 'People over 115 years old...': Elon Musk says he had to read this explosive report several times - Times of India - April 10th, 2025 [April 10th, 2025]
- Podcast: Wireds Makena Kelly on Elon Musk, DOGE, and breaking news narratives - Nieman Storyboard - April 10th, 2025 [April 10th, 2025]
- Elon Musk reveals bombshell DOGE finding he had to read several times before it 'sank in' - The Economic Times - April 10th, 2025 [April 10th, 2025]
- Elon Musk and Donald Trump Are Finally (Maybe) Breaking Up - Vanity Fair - April 10th, 2025 [April 10th, 2025]
- Elon Musk to Send 'Optimus' Robots to Mars: What to Know - Newsweek - April 10th, 2025 [April 10th, 2025]
- Churchill: New York suddenly wants to be mean to Elon Musk - Times Union - April 10th, 2025 [April 10th, 2025]
- How Elon Musk Rescued X From the Brink - WSJ - April 10th, 2025 [April 10th, 2025]
- Elon Musk hopes for zero-tariff situation between US and EU - CNN - April 10th, 2025 [April 10th, 2025]
- US senator introduces conflict of interest bill aimed at Elon Musk - The Guardian - April 10th, 2025 [April 10th, 2025]
- 'Boys will be boys': White House on Elon Musk-Peter Navarro tariff tiff - Reuters - April 10th, 2025 [April 10th, 2025]
- What rankles Elon Musk the most and what he actually likes about Trump's trade approach - Yahoo Finance - April 10th, 2025 [April 10th, 2025]
- Elon Musk calls Trump's top trade adviser, Peter Navarro, a 'moron' and 'dumber than a sack of bricks' - NBC News - April 10th, 2025 [April 10th, 2025]
- Elon Musk is starting to break with Donald Trump over the trade war - Yahoo Finance - April 10th, 2025 [April 10th, 2025]
- Elon Musk's brother, Kimbal Musk, slams Trumps tariffs as 'permanent tax on the American consumer' - Fox Business - April 10th, 2025 [April 10th, 2025]
- Elon Musk And Donald Trump Apparently Just Had Their "Highest-Profile Disagreement," According To Reports - Yahoo Finance - April 10th, 2025 [April 10th, 2025]
- Elon Musk Claims Victory in Bitter Tariff Feud by Posting Weird Meme - The Daily Beast - April 10th, 2025 [April 10th, 2025]
- Elon Musk boosting influencer who platforms far-right Putin allies - The Guardian - April 10th, 2025 [April 10th, 2025]
- Is Elon Musk Splitting with Trump Over Tariffs? Everything We Know - Newsweek - April 10th, 2025 [April 10th, 2025]
- People Inside the White House Really, Really Dislike Elon Musk - Pajiba - April 10th, 2025 [April 10th, 2025]
- Elon Musk Calls Trumps Adviser Moron in Escalating Feud and White House Says Boys Will Be Boys - People.com - April 10th, 2025 [April 10th, 2025]
- Why Elon Musk Is Breaking With Donald Trump Over Tariffs - Business Insider - April 10th, 2025 [April 10th, 2025]
- Elon Musk's brother slams Trump tariffs, calls them 'permanent tax on the American consumer' - CNBC - April 10th, 2025 [April 10th, 2025]
- Elon Musk will "stay for a certain period of time" then he's "going to want to get back to his business," Trump told us on AF1.... - April 3rd, 2025 [April 3rd, 2025]
- Elon Musk will remain a "friend and an adviser" to Trump after leaving government, Vance says - CBS News - April 3rd, 2025 [April 3rd, 2025]
- Get Out Of DOGE: Is Or Isn't Elon Musk Preparing To Return To Tesla? - Investor's Business Daily - April 3rd, 2025 [April 3rd, 2025]
- Elon Musk will continue to be adviser, Vance says - Reuters - April 3rd, 2025 [April 3rd, 2025]
- When will Elon Musk step down from his DOGE role? - TODAY.com - April 3rd, 2025 [April 3rd, 2025]
- Are Elon Musk and Donald Trump Finally Breaking Up? - The Cut - April 3rd, 2025 [April 3rd, 2025]
- Mark Cuban goes to war with Elon Musk over tariffs - TheStreet - April 3rd, 2025 [April 3rd, 2025]
- J.D. Vance Says Elon Musk Will Remain a White House 'Friend and Adviser' When He Wraps Controversial DOGE Work - People.com - April 3rd, 2025 [April 3rd, 2025]
- JD Vance: Reports of Elon Musk exit from Trump role are fake news - The Times - April 3rd, 2025 [April 3rd, 2025]
- Democrats win in Wisconsin court race also is a big loss for Elon Musk - AP News - April 3rd, 2025 [April 3rd, 2025]
- Elon Musk to remain friend and adviser to Trump admin after DOGE stint is finished, JD Vance says - New York Post - April 3rd, 2025 [April 3rd, 2025]
- Vance says Elon Musk will continue as adviser even after leaving government role - The Times of Israel - April 3rd, 2025 [April 3rd, 2025]
- Ex-Social Security Head: This Is When Elon Musk Will Stop Checks Going Out - The Daily Beast - April 3rd, 2025 [April 3rd, 2025]
- Elon Musk Cant Take the Heat - Mother Jones - April 3rd, 2025 [April 3rd, 2025]
- Elon Musk Lost His Big Bet - The Atlantic - April 3rd, 2025 [April 3rd, 2025]
- For Trump, Elon Musk Is a Liability, but Still Useful for Now - The New York Times - April 3rd, 2025 [April 3rd, 2025]
- Elon Musk May Be Pushed Out of Trump Admin After Humiliating Wisconsin Loss - Truthout - April 3rd, 2025 [April 3rd, 2025]
- What Will Elon Musk Learn From the Wisconsin Supreme Court Election? - The New York Times - April 3rd, 2025 [April 3rd, 2025]
- Trump reportedly told members of his Cabinet that Elon Musk will pull back from DOGE 'soon' - Fortune - April 3rd, 2025 [April 3rd, 2025]
- Elon Musk took a chainsaw to the US government. Tesla is taking the hit. - TechCrunch - April 3rd, 2025 [April 3rd, 2025]
- Elon Musk is on a losing streak - Axios - April 3rd, 2025 [April 3rd, 2025]
- What Elon Musk asked Greg Abbott before he brought SpaceX to Texas - Houston Chronicle - April 3rd, 2025 [April 3rd, 2025]
- Federal judge allows the EFFs lawsuit against DOGE and Elon Musk to proceed - TechCrunch - April 3rd, 2025 [April 3rd, 2025]
- Opinion | Elon Musk Made an Election About Him. Wisconsin Said, No, Thanks. - The New York Times - April 3rd, 2025 [April 3rd, 2025]
- 5 takeaways from Tuesdays elections, including bad news for Elon Musk - NPR - April 3rd, 2025 [April 3rd, 2025]
- Elon Musk did a good job, but its time to go: Bill OReilly - NewsNation - April 3rd, 2025 [April 3rd, 2025]
- Trump White House brushes off Wisconsin loss amid warning signs around Elon Musk's role - NBC News - April 3rd, 2025 [April 3rd, 2025]
- Elon Musk stepping down? Here's when Tesla CEO could leave DOGE - FOX 5 DC - April 3rd, 2025 [April 3rd, 2025]
- Trump tells close advisers that Elon Musk will soon leave White House role report - The Times of Israel - April 3rd, 2025 [April 3rd, 2025]
- White House says Elon Musk will stay until DOGE work complete following reports of leaving - USA Today - April 3rd, 2025 [April 3rd, 2025]
- What to know about Tesla's Wisconsin lawsuit, Elon Musk and Brad Schimel - Milwaukee Journal Sentinel - March 26th, 2025 [March 26th, 2025]
- Trump will be 'pretty much satisfied' with Elon Musk's DOGE cuts in a few months, he tells Cabinet: 'Our country was riddled with fat, and we're... - March 26th, 2025 [March 26th, 2025]
- Elon Musk Sets His Sights On Skadden See Also - Above the Law - March 26th, 2025 [March 26th, 2025]
- Elon Musk Is Trying to Buy the Wisconsin Supreme Court - Rolling Stone - March 26th, 2025 [March 26th, 2025]