Errol Musk said he bought half of an emerald mine after selling a plane. They never made it to their destination. The buyer also offered Errol the option to buy half of an emerald mine with that cash. Father and son have a complicated history. I left South Africa by myself when I was 17 with just a backpack & suitcase of books. Forbes, 28 July 2014, https://www.forbes.com/sites/jimclash/2014/07/28/elon-musk-tells-me-his-secret-of-success-hint-it-aint-about-the-money/. Instead, they focus on describing how hard he worked in his teenage years and early adulthood, how much debt he accrued by attending college and his disdain for his father. Errol built his wealth as a prominent electromechanical engineer and entrepreneur in South Africa, reports The South African. His brother Kimbal was with him when the two brothers sold two of the gems to Tiffany & Co. for $2,000, according to their father. We were going to fly into Jeddah and there was a religious holiday and they said if we come in now we have to pay $2,000 but if we wait 10 days we can come in at no charge. "I started my first company with $2,500, and I had one computer and a car that I bought for $1,400, and all that debt. Elon Musk's father, Errol Musk, remains a mysterious figure, and there is still no common consensus how his work or his wealth during Elon's childhood. In addition, they offered Errol a chance to buy partial ownership of a Zambian emerald mine. So I became a half owner of the mine, and we got emeralds for the next six years.". Britannica.com, https://www.britannica.com/topic/Zip2. Elon would later get his own pilot's license but no longer has time to fly. Our offices are for administrative purposes only, no visitors will be accepted without an appointment. Are broader financial markets in a massive speculative bubble? The New Yorker, 17 Aug. 2009, https://www.newyorker.com/magazine/2009/08/24/plugged-in. Twitter, https://twitter.com/elonmusk/. Elon also denied that Errol invested in the company. [15][16] At the time of their marriage, Jana Bezuidenhout was only four years old and lived together with them. That conversation is more valuable but less newsworthy than just resurfacing the same lazy claims every few months, which are guaranteed to get clicks. We had so much money at times we couldn't even close our safe," Errol said, explaining that one person would hold the money down while a second would slam the safe door shut. Errol also added that his children were keenly aware of the country's government-sanctioned racial segregation. Esquire, 5 June 2015, https://www.esquire.com/entertainment/books/a35508/elon-musk-college-years-canada-u-penn/. "He didn't own an emerald mine & I worked my way through college, ending up ~$100k in student debt," Elon tweeted in December 2019. The interview is no longer available on the Forbes website. Musk left his father behind at the age of 17 to pursue his dreams in North America and escape conscription into the South African military. These tweets from December 2019 appeared to have stemmed, at least in part, from a since-deleted tweet from a user with the handle @1aprildaniels. His children were reportedly influenced by his liberal political views. Elon Musk isn't innovative. Who Is Elon Musk's Dad Errol Musk? | Entrepreneur Errol Musk says teenage Elon Musk once casually walked around with emeralds in his pocket. What We Know About Elon Musk and the Emerald Mine Rumor Musk may not be a great guy, but I fail to see any apartheid link to his fathers emerald mine., @grard97 tweeted, Remind: Elon Musk owns an electric and autonomous car companyA private space landing rockets companyAn AI companyA Neuroscience companyA Solar Panel and energy storage companyThe WHOLE bank on the internet was started by him (yes, your credit card as well), @C49015142 tweeted, I thought I read in Malcolm Gladwells book David and Goliath that his company received $500 million from the US government, so we are all subsidizing him. [20] At the time of their daughter's birth, according to The Times, Musk was 72 and Jana Bezuidenhout was 30 years old. "Almost every evil thing you could possibly think of, he has done It's so terrible, you can't believe it. Viral: When Elon Musk's bank account was in negative due to student Who is Errol Musk? What we know about Elon's dad - New York Post We sent these messages on Nov. 16, but did not receive responses before publishing this story on the following day. This is going to sound slightly crazy, but my father also had a share in an Emerald mine in Zambia. It is often claimed that Musk's father, Errol Musk, once owned shares in a Zambian emerald mine, and that Musk subsequently enjoyed an . Elon Musk addresses emerald mines and apartheid claims - The South African With a net worth of $37 billion, Musk hopes to revolutionize transportation on Earth and in space, bringing fully-electric vehicles to the mass market through his auto manufacturing company, Tesla. "I Talked to Elon Musk about Journalism and the Blood Emeralds Story." Jain, Sanya. Wanderlust ran on both sides of the family. Meanwhile, Elon has himself admitted that his father has a very high IQ and is brilliant at engineering. In 2017, he also told Rolling Stone that Errol was the youngest person to get a professional engineers qualification in South Africa., Im naturally good at engineering thats because I inherited it from my father, the worlds richest man stated. ANC accuses De Ruyter of ruining its good name and reputation, BREAKING: Chiefs confirm another MASSIVE injury blow. Fact Check: Did Elon Musk Inherit Apartheid Money From His - Moguldom I couldnt even afford a 2nd PC at Zip2, so programmed at night & website only worked during day. It is still hard to discern whether this story is true and what conclusions can be drawn. You can cancel anytime and if you cancel within 14 days you won't be billed. According to the story, "When [Elon] was elevenabout the time that he sold his first piece of software, a video game called Blastar Musk told his mother that he was going to move back to Pretoria to live with his father, Errol, an electrical engineer who would later own an auto-parts store and a share in an emerald mine.". Theyre the same, except for the fact that he is a billionaire, started multiple successful companies and doesnt live in his mothers basement. The Save Journalism Committee, 9 Mar. But that's more or less where the good fortune ended. It was kind of weird for them to walk into Tiffanys. Once the Musk emerald story started circulating, and information about Musk's father Errol's past business dealings got out, a cavalcade of internet poo-pooers flocked to Twitter to lambast Musk . Get to Know Errol Musk, Elon's "Brilliant," "Terrible" Father - MSN He continued: He grabbed some weapons, as you could see on the cameras there were some intruders that were coming over the walls, and they were also armed. To me, he sure is trying to make the world better right now, and that's the best thing he could do with his father's money. For a while, I thought things were so obvious that everyone must know this.". It was revealed last weekthat he welcomed twochildren with an executiveat his artificial intelligence company, Neuralink, just weeks before hissecond child with his ex-girlfriend, Grimes,was born. "Can Elon Musk Really Get Us To Mars Within 10 Years?" According to a Facebook post from Errol, the Zambian emerald mine he held a stake in "collapsed in 1989. You have no idea. In 2019, Elon Musk confronted the Twitter talking point about his father's supposed emerald mine head-on, writing, "He didn't own an emerald mine & I worked my way through college, ending up ~$100k in student debt. [2] In 1969, he became a 50% owner of an emerald mine on Lake Tanganyika,[2][5] that he bought for 40,000, funded by selling an airplane for 80,000 (the equivalent of 320,000 today). ---. It was also shared on Reddit.com. "I screwed up the marriage, I was totally responsible. Elon clarified that his father was never physically abusive toward him and that he once tried to mend the relationship by inviting his father to live with him in the United States. As well as providing links, people started commenting Musk's own words back at him under his tweet. He talks about the risk factors for Bitcoin as an investment asset including origin risk, speculative market structure, regulatory, and environment. On Aug. 17, 2009, The New Yorker printed one of the earliest known searchable records of an emerald mine being tied to the Musk name. "Nothing, nothing. He's having a tantrum, like a spoilt child. In a 2017 Rolling Stone cover story, the Tesla CEO described his childhood and revealed that he moved in with his father at eight years old after his parents split. Musk's father said that Tiffanys set the $800 emerald in a ring and offered it for $24,000, which he said was an object lesson in retail markup for the family. "'His Family Stole an Emerald Mine.'" In a 2019 . ---. Musk, Errol. While he has given a few rare interviews, much of the publicly known information about him has come from his estranged son Elon or his ex-wife Maye Musk, neither of whom have had complimentary things to say about the engineer and onetime emerald mine owner. [Jana] stayed here for about 18 months after Rushi was born. People.Com, 7 Nov. 2022, https://people.com/human-interest/who-is-errol-musk-elon-musk-father/. In an interview with Business Insider South Africa, Errol admitted that, at one point, he literally made more money than he could physically handle. Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future. On May 22, 2020, Bloomberg.com published an interview with Elon, which was penned by Ashlee Vance. My own (wonderful) mother told me I am ruthless and should learn to be more humane. But I love my children and would readily do whatever for them.. He told The New York Times that as a member of the Progressive Party, he opposed apartheid. On this Wikipedia the language links are at the top of the page across from the article title. On Feb. 23, 2018, Business Insider SA published a story with the headline, "'We had so much money we couldn't even close our safe': Elon Musk's Dad tells BI about the family's insanely casual attitude to wealth."

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