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Here’s how 49-year-old Elon Musk became the world’s richest man

January 14, 2021
in Business
3 min read
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Elon Musk File 00011112222 Here's how 49-year-old Elon Musk became the world's richest man Here's how 49-year-old Elon Musk became the world's richest man
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new Delhi: Elon Musk has become the world’s richest man with a net worth of $ 189.7 billion. Recently he also left behind Amazon CEO Jeff Bezos. Musk’s childhood was surrounded by many troubles, but today he has become the world’s richest man on his own. Please tell that in childhood Musk got the job of cleaning boilers, for which he used to get $ 18 per hour and today he is earning around 140 crores per hour. Let us tell you about his success story, how he has come this far –

Elon Musk was born in South Africa. He was very fond of reading books since childhood. He was very quiet in childhood, so friends also used to bother him. Alan had learned computer programming at the age of 10 and at the age of 12, he had created a video game called ‘Blaster’.

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How was Musk’s studyBorn on 28 June 1971 in South Africa, Alan Reeve Musk is a citizen of South Africa, Canada and America. His mother Maye Musk was a model and dietician, while Erl Musk was an electromechanical engineer. Elon Musk is the eldest of three children. His childhood was spent between books and computers. He arrived in Silicon Valley of the US in 1995 to do his PhD.

He enrolled in the Department of Applied Physics at Stanford University, but left it after two days. At that time younger brother Kimbal Musk had completed graduation from Queens University. Kimble is 15 months younger than Allen. He moved to brother California. During that time, the era of internet had started Together the two brothers decided to start a startup. He named it Zip-2. It was an online business directory, equipped with maps.

Purchased old BMW car in 1993
In 1993, Elon Musk first bought an old BMW car. The car was built in 1978 and Alan Musk bought an old glass from a junk shop for $ 20 to replace his car glass.

The post was becoming viral on Twitter
Nowadays a post on Twitter was going viral, in which Musk himself was repairing his car because he did not have the money to fix the car.

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Deal with the software company in 1999
In 1999, Musk and his brother Kimbal signed a deal with their software company ‘Zip-2’. He invested this money in the company ‘X.com’, which is today known as ‘Pay-Pal’.

Also worked on Space-X
Later Musk worked on technologies related to space exploration, which was named ‘Space-X’. After this, in 2004, Musk laid the foundation of electric car company Tesla.

Faced with economic troubles in 2008 recession
Musk was facing a lot of problems during the 2008 global economic downturn and during this time there was a time when he had to borrow from friends for his expenses.

Know about Tesla-
>> The price of electric car company Tesla shares rose more than 700 percent in the year 2020.
>> Tesla came into the S&P-500, America’s largest stock index, in the month of December last year.
>> Talking about the price of Tesla shares, in June 2010 Tesla shares came on the market at a price of only $ 17 per share.
>> Today the company’s share price has exceeded $ 811.
>> Tesla made and delivered 5 lakh cars last year.
>> Musk’s net worth reached $ 184.5 billion on 6 January.

Became the richest person in the world
Elon Musk, the founder of Space-X and CEO of Tesla, has recently carved a niche for himself as the world’s richest person. In the last 12 months, the net worth of Musk’s company has increased by $ 150 billion. Musk has earned $ 1.736 million every hour during the last one year, or about Rs 127 crore.

Also read: If you want to check the balance of PF, then use the Umang app, you will know how much money is in the account in minutes!

Slipped to second
According to Forbes magazine, Tesla shares fell nearly 8 percent on Monday. After this, his wealth fell by about US $ 14 billion in one day. He is now the second richest person in the world, while the number one founder of Amazon is Jeff Bezos.

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