AFP. Their half-sister.". He was also severing relationships with his children who later went on to describe him as a horrible and controlling individual. 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. "He's good at making life miserablethat's for sure. Errol is a South African engineer, pilot, sailor, and property developer with an estimated net worth in the millions. "I had a very pretty wife, but there were always prettier, younger girls. However, the stock is still down by nearly half its value compared with January 2022, when it was trading at $399.93. With a net worth of $2 million, many Tosca is also the mother of Isabeau Musk and Grayson Musk. However, the life of his father, Errol Musk is also notable. Ellison disclosed in late 2018 that hed purchased a $1 billion stake in Tesla. 51 years old: Elon Musk Date of Birth: 28 June, 1971: Gender: Male: Profession: Aerospace Engineer, Engineer, Entrepreneur, Investor, Designer, Businessperson, Inventor, Film Producer All Rights Reserved. Errol did not immediately respond to a request for comment through what appears to be his LinkedIn profile. Errol Musk heaped praised on his second son Kimbal, who has an estimated net wealth of $700m according to Forbes largely due to early investments in Tesla stock, and is the co-founder of farm-to-table chain The Kitchen Restaurant Group. ", Errol has said he owned half of an emerald mine in South Africa, per BI South Africa, but Elon disputed that in a Tweet, writing, "He didn't own an emerald mine & I worked my way through college, ending up ~$100k in student debt. The father of Elon Musk said during an interview that he isnt proud of his billionaire son, saying that Elon is unhappy with his own career progress. Join thought-provoking conversations, follow other Independent readers and see their replies. In January, Mr Musk broke the world record for the biggest wealth loss in history after shedding $182 billion from his net worth since November 2021, according to a report by Guinness World Records. In 1994, Jeff Bezos founded Amazon.com in a garage in Seattle shortly after he resigned from the hedge fund D E Shaw. I took them all over the world. 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. Elon Musk's net worth is $185 billion Elon Musk has a total of seven children Elon Musk has been married three times He founded SpaceX in 2002. He owns The Kitchen Restaurant Group which has restaurants located in Colorado, Memphis, Cleveland, Indianapolis, and Chicago. In addition to the huge success of his son Elon, his other children are also notable for their achievements. Due to his son's rising popularity, many are now curious to know more about who his father Errol Musk is. This account already exists. TikTok star, 28, is charged with child abuse after 'attack on boyfriend', Rape survivor slams Gabby Petito Utah cop over handling of her case, 'Dark details' about boyfriend of US swim champ who mysteriously died, Disturbing red flags of Lindsay Clancy's psychosis before she 'killed 3 kids', 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP. Although there were multiple stories about Errol owning an, Despite having a successful career, his personal life has been marked by scandal. Jana is Heidi's daughter from her first marriage and was just four years old when Errol married her mother. He is reportedly finalizing a deal to buy Twitter. Kimbal, my other son who is just as energetic as Elon, would do all the guiding and navigating.". However, the life of his father, Errol Musk is also notable. In his free time, he enjoys dabbling in web development and watching films. Alexandra is the second child of Errol and Heidi. Get involved in exciting, inspiring conversations. "There was a period in Johannesburg in the '80s that I was going out with different women every night. Kimbal, my other son who is just as energetic as Elon, would do all the guiding and navigating.". In 2020, Amazons share price jumped 76 per cent due to the heightened demand for online shopping during the Covid-19 pandemic. Net Worth. He made nearly all of that back in a single day, Tuesday, following a 20% rally in Tesla's stock. I was sad for my father. However, it seems like the apple doesnt fall far from the tree when it comes to procreation. Later on in the article, it notes more about the Musk family history, and while Elon might be the biggest star today, he comes from a long line of successful ancestors. However, he has fallen to 32nd place as the market value of the Adani group of companies continues to plummet following a scathing report by US short-seller Hindenburg Research. 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. Right Now, Including Pilots and IT Managers, Who Average More Than $130K a Year. According to Bloomberg, he not only overpaid for the company but lost $10 billion in the process. Together they had two more children, Kimbal and Tosca, but per Maye's autobiography, the abuse News broke this week that the senior Musk had a second child with his stepdaughter, who is 41 years younger. Errol apparently resides in Langebaan, South Africa, BI South Africa reported. Almost every crime you can possibly think of, he has done. In the meantime, Errol was building his wealth as a prominent engineer and entrepreneur. (12.5 m) from his fathers business to buy Christian Dior with an estimated net worth of Bernard Arnault, 73, is chairman and chief executive of LVMH, which owns 70 fashion and beauty brands including Louis Vuitton. A common story about Musk on social media is that his father owned part of an emerald mine, providing a bedrock of wealth that buoyed Elon up to his current level of success. He can take any situation no matter how good it is and make it bad," Elon said in Vance's book. He owned several mines. Just a few years later, the couple had a daughter Tosca. Elon Musks net worth in 2021 is 182.1 billion. A year later, the couple welcomed their second son, Kimbal, and in 1974, his daughter, Tosca, was born. Meet Errol Musk, the man who raised a future billionaire: http://t.co/t5y0SBgPI9 pic.twitter.com/uhNwiwJTgI, ALSO READ: LOL! Here is what we have gathered about Elons parents, Errol and Maye Musk. Currently based in Paris, Arnault is married to concert pianist Helene Mercier. Its not like one suddenly jumps into it right now. Elon Musk is a South African, Canadian and American entrepreneur and businessman. She had already had two kids, one of whom was Jana, who was four when Errol married Heide, with who he was with for 18 years. South Africa Blue Sky Publications (Pty) Ltd T/A TheSouthAfrican Number: 2005/028472/07. 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. Copyright Blue Sky Publications Ltd. All Rights Reserved. Errol, who was born in 1946, also did not rule out having more kids in the interview. Errol replied: No. The Sun reported July 13 that Errol Musk, 76, claims he and his stepdaughter Jana Bezuidenhout, 35, had a baby girl together in 2019. Meanwhile, Amazon founder Jeff Bezos remains in third place on the Bloomberg Billionaires Index with a net worth of $117 billion. Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in, Errol Musk says famous son is behind schedule. Read our, {{#verifyErrors}} {{message}} {{/verifyErrors}} {{^verifyErrors}} {{message}} {{/verifyErrors}}. Jana was reportedly only 4 years old when Errol married her mother. Errol has long since retired from the engineering business and now lives a quiet life in the Western Cape in South Africa. However, despite the losses in 2022, it has been a good start to the year for Musk, who could now reclaim the crown. Maye Musk, his first wife, a supermodel and dietitian, said in the book that Errol aggressively pursued her, and she eventually married him in 1970. 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 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. He also holds about 304 million exercisable stock options from his 2018 Last updated on December 9, 2022 - My Free Marketing newsletter . It is now arguably the worlds largest retailer. Elon Musk is a South African, Canadian and American entrepreneur and businessman. Errol has seven children (whom he knows of), less than the worlds richest man, whose count is now up to 10. In 2006, he pledged to give away 99 per cent of his fortune and so far has given away $48 billion (40bn). Independent Press Standards Organisation (IPSO). 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 Bezuidenhout, in 2019 leaving many wondering more about the father of the world's richest man. Type above and press Enter to search. According to Forbes, Errols grandmother was Canadas first chiropractor, while his parents were the first to fly from South Africa to Australia in a single-engine plane. Where he is now, he would have liked to have been there five years ago., Errol went on to say he still thought of his son as a little boy, even though he was over 50 now and an old man.. Elon Musks father has said he isnt proud of his son, while describing the billionaires brother Kimbal as his pride and joy. Theyve seen a lot of things, and weve done a lot of things together, said Errol of his family, referring to his clans travels to China, the Amazon rainforest, and other places. Billionaire Elon Musk reveals why he left South Africa when he was 17, New hair dont care! But Errol was himself prone to violence he was allegedly charged with manslaughter when he shot and killed three in a group of people who broke into his Johannesburg home. Her work also includes K. Bromberg's Driven, Rachel van Dyken's Matchmaker's Playbook, and her web series, Tiki Bar TV. Most of his money came from being an engineering consultant and a real-estate developer. Forbess real-time billionaires list shows a larger drop, bringing the richest man in the worlds net worth down to $205.9 billion. 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. Despite literally being the richest Together they had two more children, Kimbal and Tosca, but per Maye's autobiography, the abuse she faced at Errol's hands was more than she could bear (via Harper's Bazaar). People across the world know his name, but not many know his background. Errol and Janas mother got divorced shortly after the scandal hit. 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. Elon is the oldest of three children Errol had with his first wife, Maye Musk. Errol and Maye were married from 1970 to 1979. On that list, Musk is about $8.6 billion below Arnaults $206.3 billion net worth, coming in at an estimated $197.7 billion. Bernard Arnault comes from a wealthy family. WebBezos has been slowly inching closer to Musks net worth, and in mid-January of 2021, Bezos finally managed to dethrone Musk and take the title of worlds richest individual as Jul 15, 2022. Davis is currently the CEO of Musk's transportation company, The Boring Company. Errol Musk is the father of Tesla billionaire Elon Musk. Buffett was the son of a US congressman and bought and sold his first stock at age 11. Copyright 2023 Entrepreneur Media, Inc. All rights reserved. The company flourished but the relationship between Errol and his children remained rocky. She left Errol, and took her children with her (although, per Elon, he for a time lived alone with his father). Where he is now, he would have liked to have been there five years ago, Find your bookmarks in your Independent Premium section, under my profile. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Email: [emailprotected] Heide and Errol were married for 18 years and had two children together. The tech billionaire has a total of eight children. Alexandra is the second child of Errol and Heidi. Its not like one suddenly jumps into it right now. But to others, he's just a dad. Compared with Elon, Errol said during the interview that his other son, Kimbal Musk, is the pride and joy of his life. Warren Buffett first bought shares when he was 11. Press Esc to cancel. 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. Bezos, 59, owned as much as 16 per cent of Amazon in 2019 before transferring four per cent to his former wife, MacKenzie Scott, as part of divorce proceedings. Although there were multiple stories about Errol owning an emerald mine, he actually only owned a share in the mine. Heres the worlds rich list, according to Forbes magazines real-time tracker. What is Elon Musks net worth? According to Bloomberg Billionaires Index, Tesla stock lifted the He then met widow Heide-Mari who he later married and welcomed daughters Alexandra Ali Musk and Asha Rose Musk. Forbes magazines real-time tracker single day, Tuesday, following a 20 % rally Tesla. 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