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Summary
- Tesla Boss Elon Musk is now the wealthiest person in the world.
- Elon Musk exhibits the inspiring journey of a daydreamer boy in South Africa to becoming the world's richest person.
2020 was a blockbuster year for EV maker Tesla and its boss Elon Musk despite the COVID-19 blues. Continuing his winning streak, the outspoken maverick has entered the new year 2021 with a bang, becoming the world's richest person.
Elon Musk overtook Amazon Boss Jeff Bezos after Tesla shares skyrocketed buoyed by hopes of an expected new green agenda by a Democrat-controlled US Senate, thereby creating favourable conditions for environment-friendly vehicles.
Must read: Tesla Boss Elon Musk Dethrones Jeff Bezos To Become World's Richest Person
The Early Childhood and Education
Image Source: Shutterstock
Some forms of intelligence are too high-level to be grasped by ordinary people. The saying perfectly fits for Elon Musk, born on 28 June 1971, in South Africa. As a child, Musk used to be so absorbed in his own thoughts, that his parents and doctors had ordered hearing tests to check if he was deaf. However, he was just a daydreaming child prodigy, lost in his future visions.
Must Read: Tesla in the fast lane: How the automaker drove its way into a stellar 2020
The passion for technology began at an early age of 10 when he developed an interest in computer programming and in a span of just two years, the young boy sold his first game software called Blaster.
The mega-achiever had a humble beginning. His father was an affluent South African engineer, while his mother, Maye Musk, was a Canadian model. While growing up, he saw his mother taking up multiple jobs simultaneously to support the family.
In 1989, he obtained his Canadian citizenship while pursuing his studies in the Queen's University.
Musk then went to the University of Pennsylvania to pursue dual degrees in business and physics. Once he completed the undergraduate courses, he headed for Stanford University in California to earn his PhD in energy physics. However, Musk dropped out of the university in just two days.
Entrepreneurship Journey
Along with his brother Kimbal Musk, Elon Musk launched Zip2 Corporation, his first company in the year 1995. By 2002, he also got his US citizenship.
X.com, now PayPal: Musk and his brother launched a digital payment company with the name X.com in the year 1999. The company was acquired next year and renamed to PayPal. In October 2002, eBay acquired PayPal, and Musk earned his first billion.
SpaceX: His third company was launched in 2002. The historic moment came for the company in May 2012, when it ejected its Falcon 9 rocket into the space. In late-March 2018, the US Government granted approval to the space company to launch a fleet of satellites into low orbit to deliver internet services.
EV making company Tesla Motors: Musk is the co-founder of the company, which was launched in the year 2003. The pandemic-stricken year of 2020 was extraordinary for the company, and the outlook remains extremely positive.
Tesla was listed on the S&P 500 by the end of 2020.
Read here: Tesla Share Price at Record high, EV Leader Enters S&P 500 with a bang
