Elon Musk, World’s Richest Person, Once Lived On C$ 1 Food Budget

January 10, 2021 12:41 AM AEDT | By Kunal Sawhney

Elon Musk, World’s Richest Person, Once Lived On C$ 1 Food Budget

Musk’s oranges-to-riches story:

In an interview back in 2015, Elon Musk revealed that for a brief period as 17-year-old college student back in the 1990s, he lived off a diet of basically just hot dogs and oranges. The paltry meal choices, he pointed, was not a result of poverty or extreme charitable intentions. Musk was experimenting.

His plan behind cutting his monthly grocery budget down to C$ 30 was to see if he had what it took to become a successful entrepreneur.

©Kalkine Group 2020

Musk was a student at Queen's University in Ontario at that time, but his dream was to move to the United States and start his own business in the technology landscape. Looking into the future as a 20-something-year-old living in US, Musk came up with the idea to see how low his threshold of existence could go.

Turns out, he could successfully go an entire month on hot dogs and oranges procured in bulk shopping, with an occasional change of taste with pasta and tomato sauce

The billionaire, however, warns strictly against trying out a C$ 1 diet in today’s time.

Musk’s total wealth finally zoomed past that of Bezos’s after Tesla stocks jumped by nearly three on January 6, pushing the company’s market value to cross US$ 700 billion for the first time. As markets opened on January 7, Musk toppled Bezos to become the richest human on the planet.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.