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He left in 1992 to study economics and physics at the University of Pennsylvania he graduated in 1997 with a Bachelor of Science (BS) degree in economics from the Wharton School and a Bachelor of Arts (BA) degree in physics from the College of Arts and Sciences. Once in Canada, Musk entered Queen's University in 1989, avoiding mandatory service in the South African military.
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Musk attended the University of Pretoria for five months.
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He learned computer programming using a manual and, by the age of 12, sold the code of a BASIC-based video game he created called Blastar to PC and Office Technology magazine for approximately $500. During his childhood, Musk was an avid reader.Īt the age of 10, he developed an interest in computing while using the Commodore VIC-20. He has a younger brother who was an early business partner of his, Kimbal (born 1972), and a younger sister, Tosca (born 1974), the CEO of the video streaming site Passionflix. His father is Errol Musk, a South African electromechanical engineer, pilot, sailor, consultant, and property developer. His mother is Maye Musk, a model and dietitian born in Saskatchewan, Canada, but raised in South Africa. How Elon Musk Became the Richest during the Pandemic?įuture Plan of Elon Musk About Elon Musk Early Life and FamilyĮlon Reeve Musk was born on June 28, 1971, in Pretoria, Transvaal, South Africa. Amazon's share price has witnessed a 0.6% decline on the same day, which catapulted the position of Elon Musk. Musk's net worth has grown over $200 billion - possibly one of the fastest instances of wealth creation in history. Musk's huge personal fortune comes mostly from owning 22.4% of Tesla and 54% of the space transportation company SpaceX. Tesla's shares were trading high for four months now, which went up by 2.2% at $791.36, the highest that the shares have traded since February 2021. Musk eclipsed them both to be worth $203.4 billion at the close of the markets on 27th September, Monday. Bernard Arnault, Chairman and Chief Executive of LVMH was the next person in the world to achieve the same. Musk becomes the third person in the world to have ever crossed the 200 billion dollar mark.Īmazon founder Jeff Bezos, who was the first to reach the impossible $200 billion worth of valuation in August 2020, had suffered a decline in his fortunes by $1 billion and is no longer the richest man in the world. The Tesla and SpaceX chief, entrepreneur Elon Musk has become the world's richest person, with his net worth crossing $200 bn, following a surging Tesla stock, as of September 27, 2021.