Elon Musk
Los Angeles, California
Bachelor of Arts/Science, University of Pennsylvania
United States
Tesla
8
Tesla Motors, Self Made
$19,600,000,000
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3
#40 Billionaires 2019
#24 Forbes 400 2018
Elon Musk is working to revolutionize transportation both on Earth and in space.His automaker, Tesla Motors, which was founded in 2003, is bringing fully-electric vehicles to the mass market.He settled with the SEC in September 2018 for making alleged "false statements" about a plan to take Tesla private, and had to step down as chairman.SpaceX, Musk's rocket company, is now valued at more than $20 billion. He grew up in South Africa, then immigrated to Canada at age 17. He landed in the US as a transfer student at the University of Pennsylvania.
Musk was accepted to a graduate program at Stanford, but deferred attendance to launch his first business, software company Zip2.In 2015 Musk gifted 1.2 million Tesla shares to his foundation, which spent $480,000 in late 2018 to provide clean drinking water to schools in Flint, Michigan.
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