Mr Arnault now has a net worth of $185 billion. After establishing himself as a businessman, sailor and pilot, Errol met Canadian model and dietician Maye Haldeman. He previously attended Clapham High School, where he met Elon's mother, Maye Haldeman. He married his high school sweetheart Maye Haldeman who was a Canadian model and dietitian. Ellison disclosed in late 2018 that hed purchased a $1 billion stake in Tesla. Errol is a South African engineer, pilot, sailor, and property developer with an estimated net worth in the millions. "Theyve been doing well all their lives. His first wife was Elon's mother Maye Musk. Errol replied: No. In 2020, Amazons share price jumped 76 per cent due to the heightened demand for online shopping during the Covid-19 pandemic. She left Errol, and took her children with her (although, per Elon, he for a time lived alone with his father). At the age of 24, he moved to California to start a Ph.D. in applied physics and material science at Stanford University but left the program after just two days to pursue other projects. In 2018, he then married Christiana Wyly and welcomed three children, Luca, August, and Stella. Trouble soon started brewing and only five years later in 1979 the couple got divorced and shared split custody of their three children. Space x was founded by Elon Musk in 2002. Errol Musk, the father of Elon Musk, told British tabloid The Sun Wednesday that he had a second and previously-unknown child with his stepdaughter, Jana The Sun reported July 13 that Errol Musk, 76, claims he and his stepdaughter Jana Bezuidenhout, 35, had a baby girl together in 2019. Errol has been estranged from his famous son Elon since before the scandal. Musk also serves as CEO of SpaceX and Twitter , in addition to Tesla. Kimbal is a restaurateur and chef with an estimated net worth of $700m, though Errol claimed that Kimbal was also a billionaire, reported Business Insider. He owned several mines. Those remarks echoed other earlier ones in which he claimed: The only thing we are on Earth for is to reproduce.. His first software startup, Zip2, was bought in 1999 for $307 million (255m) and he went on to co-found Paypal, which he sold to eBay in 2002 for $2.5 billion (2.1bn). At the age of 24, he moved to California to start a Ph.D. in applied physics and material science at Stanford University but left the program after just two days to pursue other projects. For a while, I thought things were so obvious that everyone must know this.". The 76-year-old, who is reportedly estranged from his famous son, claimed that the Tesla and SpaceX CEO is not as happy as hed like to be. Elon Musks father has said he isnt proud of his son, while describing the billionaires brother Kimbal as his pride and joy. Elon Musk rocks a wild half Mohawk [photos], He didnt own an emerald mine & I worked my way through college, ending up ~$100k in student debt. LiquidPiston's patented thermodynamic cycle is making engineering history and they're taking investors while they do it. The chief executive of Tesla is increasing his wealth and is on the verge of retaking the title of richest man in the world thanks to the recent spike in shares for the electric car brand. Elon Musk Biography. Errol now has seven known biological kids. In the 1970s, they began their family by having two boys, Elon and Kimbal. 1 min read. In addition to the huge success of his son Elon, his other children are also notable for their achievements. So it's quite conceivable that one of them could actually come back and say, this is your child. "Theyve been doing well all their lives. Prior to her career, she obtained a bachelor's degree in Environmental Science from the University of Colorado Boulder. 25% off all orders & free next day delivery - Samsung student discount, 50 cash with friend referrals at Virgin Mobile, 15% off extra plans with this Vodafone promo, 50% off your 1st 3 months - Audible promo, 10% off when you sign up to the Western Digital mailing list, Former Met acting commissioner described rape as regretful sex, Detectives hunting for Constance Martens baby find remains of infant, London Ambulance Service told to improve its ethnic diversity, Third of London pupils miss first pick of school, Shocking moment moped narrowly misses 70mph train at level crossing, Armed police swoop on Hackney Central station after man knifed, Luxury lets: from vanishing swimming pools to glass car displays the opulent world of ultra-wealthy London renters. Get involved in exciting, inspiring conversations with other readers. You must be at least 18 years old to create an account, Must be at least 6 characters, include an upper and lower case character and a number, I would like to be emailed about offers, events and updates from Evening Standard. Theres a possibility that more little Musks are running around somewhere. He then went on to study electromechanical engineering at the University of Pretoria. Press Esc to cancel. He has a net worth of $2 million and is living quite comfortably. According to reports, some McDonald's restaurant owners have refused to promote the meal. He was also severing relationships with his children who later went on to describe him as a horrible and controlling individual. Aside from his relationships with his family, Errol reportedly pushed back against apartheid and served on the Pretoria City Council, according to the New York Post. ALSO READ: Billionaire Elon Musk reveals why he left South Africa when he was 17. Bernard Arnault comes from a wealthy family. (12.5 m) from his fathers business to buy Christian Dior with an estimated net worth of Kimbal, my other son who is just as energetic as Elon, would do all the guiding and navigating.". Gabrielle Bienasz is a staff writer at Entrepreneur. Due to his career success, Errol retired partially by 1980 and began to spend most of his time traveling. Elon Musk is a South African, Canadian and American entrepreneur and businessman. Is it only the inheritocracy who can afford to live in London now? I really loved Maye but I screwed up," he told Mail on Sunday (via InsideHook). All Rights Reserved. The fast-talking 'Suits' attorney has a lot to say about what it takes to succeed in business and life. Errols interview Monday came just days after his son decided to file a countersuit against Twitter, which escalated his legal fight against the social media giant over his attempts to walk away from a $44bn purchase agreement. In 2006, he pledged to give away 99 per cent of his fortune and so far has given away $48 billion (40bn). After news that Elon was the father of Ziliss twins, the billionaire tweeted, Doing my best to help the underpopulation crisis. In the book, his family members recall Errol's love for traveling with them, his keen mind, and his penchant for practical lessons, such as taking them to build sites related to his job. If I could have another child, I would. He later earned himself the nickname the Oracle of Omaha. He broke into the fashion industry in 1985, after using $15 million (12.5 m) from his fathers business to buy Christian Dior. In July 2015, Errol opened up to Forbes about raising his children. For other inquiries, Contact Us. 1968 S. Coast Hwy #675 Celebrity Net Worth: Who ended 2022 as the world's richest entertainer? He was also asked about recent photos of a portly, pasty white-looking Elon Muskshirtless on a yacht in Greece. But to others, he's just a dad. Copyright 2023 Entrepreneur Media, Inc. All rights reserved. A complicated family, and a complicated legacy, to say the least. Zip2, a software company, in 1995 with $15,000 and a later round of $200,000 from investors, including his father. It is now arguably the worlds largest retailer. Warren Buffett first bought shares when he was 11. Space x was founded by Elon Musk in 2002. He founded SpaceX in 2002 and runs electric-vehicle maker Tesla and is its largest shareholder, with a reported stake of about 14 per cent. As reported by Bloomberg, Elons net worth was $187.1 billion on Monday after markets closed, followed by Arnault with a $185.3 billion valuation. On Wednesday, he told The Sun they had a second child in 2019. He speculated that Elon Musks work schedule was the reason for his complicated personal life. Errol apparently has a thing for younger women. With an interest in real estate, he made the bulk of his income from consulting and developing properties. Errol Musk is the father of Tesla billionaire Elon Musk. However, the life of his father, Errol Musk is also notable. The Forbes real-time rich list has not been shaken up too much in recent weeks and still has Bernard Arnault as number one - the chief executive of LVMH, who overtook Elon Musk in December. Errol became a wealthy person due primarily to his work as a real estate developer. During the strange interview Monday with the Australia radio The Kyle and Jackie O Show, 76-year-old Errol Musk was asked if he was proud of Elons accomplishments. On that list, Musk is about $8.6 billion below Arnaults $206.3 billion net worth, coming in at an estimated $197.7 billion. Other than being a very "talented engineer," as Elon put it in Vance's book, who was able to provide books, travel, and novelties like computers for his kids, the author noted, there has been some debate about Errol's financial status. According to Bloomberg Billionaires Index, Tesla stock lifted the He made nearly all of that back in a single day, Tuesday, following a 20% rally in Tesla's stock. "Hed find fun in that, not to say he wasnt a person who would party every now and then.. Despite having a successful career, his personal life has been marked by scandal. After Errol and Maye split up, Elon went to live with his father while his siblings, Kimbal and Tosca, stayed with their mother, Rolling Stone reports. Copyright 2023 Market Realist. In 2017, Errol welcomed Elliot with his stepdaughter Jana Bezuidenhout. You know Elon Musk as the CEO of Tesla and Space X and the possible soon-to-be owner of Twitter. In the meantime, Errol was building his wealth as a prominent engineer and entrepreneur. Address: Riverbank House, 1 Putney Bridge Approach, London, SW6 4TJ. But as for the status of Elon Musk's relationship with his father, the answer to that is far more complicated. Together they had two more children, Kimbal and Tosca, but per Maye's autobiography, the abuse Image via Twitter: @EastEdit. You have no idea about how bad. We may receive a commission on purchases made from links. He is reportedly finalizing a deal to buy Twitter. She previously worked at Insider and Inc. Magazine. Mr Adani now has a net worth of $37.7 billion. Offers may be subject to change without notice. Elon Musk reclaimed his throne as the Tesla CEO became the richest person in the world once again. He went on to say he had travelled with the Tesla founder and his other children Kimbal and Tosca to places like China and the Amazon when they were small children. I had plenty of dates. Errol and Maye were married from 1970 to 1979. People may receive compensation for some links to products and services on this website. Tosca is also the mother of Isabeau Musk and Grayson Musk. He will plan evil" (via Rolling Stone). Outside of being known as Elon's dad, Errol Musk is a South African electromechanical engineer, pilot, and sailor. In 2022 alone, the father of 10 shed a whopping $138 billion from his net worth almost equivalent to the gross domestic product of Hungary Most of his money came from being an engineering consultant and a real-estate developer. Kimbal, my other son who is just as energetic as Elon, would do all the guiding and navigating.". Over the years, Errol has welcomed six children. Office location: Father of a future billionaire: Errol Musk has been called both brilliant and terrible by those who know him, but who is he really? The new Twitter chief managed to surpass Bernard Arnault, the His daughters are upset, he told the tabloid. "What's very difficult for others is easy for me. I was curious though, how did Elon make his first million and how old was he The amounts were correct as of March 1, 2023. In 2022 alone, the father of 10 shed a whopping $138 billion from his net worth almost equivalent to the gross domestic product of Hungary resulting in Mr Musk losing his worlds richest crown for the first time in 14 months on December 12. When asked if he was proud of his eldest son, the worlds wealthiest man with a net wealth of $271.2bn, Errol Musk replied: No, well, you know, I mean, we are a family that have been doing a lot of things for a long time. Elon is very well built, very strongly built, but hes been eating badly, he said, adding he had tried unsuccessfully to recommend weight-loss supplements to his son. Larry Ellison, 78, earns the vast majority of his wealth from owning Oracle, a computer technology company whose sales increased by 18 per cent to $12.3 billion (10bn) by November 30, according to data compiled by Bloomberg. Now They're, Warren Buffett and Partner Charlie Munger, The Viral Brand Behind Soaring Searches for 'Female Body Hair', Not Only Thriving, But Working to End the Cycle of Poverty in South Africa, Reveal Their Best Business Advice for 2023, If You're Not Already Focusing on Employee Well-Being, You Should Be, Still Gets Up Close and Personal After Its $310 Million Sale, Find Out Which Brands Have Ranked on the Franchise 500 for Longest, Some McDonald's Franchisees Aren't Happy With Cardi B and Offset's New Meal, Despite Proven Success of Celebrity-Tied Promos, The 3 Cold Email Frameworks I Use to Book 1000+ Meetings Every Year, Report: Steve Davis Is Rumored to Be Succeeding Elon Musk as CEO of Twitter, Unleashing up to 10X More Power: How This Revolutionary Engine Is Transforming Everything from Hybrids to Drones, 5 Harvey Specter Quotes to Inspire Your Inner Baller, These Are the 25 Highest-Paying Jobs in the U.S. Errol pursued not only a career as an engineer but also became a pilot and a sailor. Elon Musk saw his fortune tumble by more than $100 billion in 2022. With a net worth of $2 million, many people want to know more about the life and career of Errol. Charles joined TechieGamers.com in 2021 and has a passion for writing. The couple has five children, with four of them Frdric, Delphine, Antoine, and Alexandre working in LVMH, of which Arnault is chairman and chief executive. Copyright Blue Sky Publications Ltd. All Rights Reserved. Its not like one suddenly jumps into it right now. With a net worth of $2 million, many ALXs WomXn and Tech programme aims to provide 50,000 women with Software Engineering skills. Independent Press Standards Organisation (IPSO). Kimbal Musk is known today as a South African restaurateur, chef, and entrepreneur. Errol in the interview Monday conceded that Elon, the founder of Tesla and the chief of SpaceX, has accomplished quite a bit in comparison with his siblings. Errol did not immediately respond to a request for comment through what appears to be his LinkedIn profile. "I'm naturally good at engineering, that's because I inherited it from my father," Elon told Rolling Stone. Elon Musk Net Worth: $264.6 billion: Elon Musk Salary: $0: Nationality: South Africa: Elon Musk Height: 6 ft 2 in (1.88 m) How old is Elon Musk? Errol, who was born in 1946, also did not rule out having more kids in the interview. Bezuidenhout is the daughter of Errols second wife, Heide Bezuidenhout. Elon has always been an introvert thinker. He studied electromechanical engineering at a local university and pursued engineering as a career. Jana is Heidi's daughter from her first marriage and was just four years old when Errol married her mother. Her work also includes K. Bromberg's Driven, Rachel van Dyken's Matchmaker's Playbook, and her web series, Tiki Bar TV. The huge success of his son, while describing the billionaires brother Kimbal as his and... 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