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How Elon Musk Became the Richest Man in the World?

26Elon Musk throughout his life has founded several companies, which have had a significant change in everyone’s life, changing many times in the world economy. One of the most influential and that made him a millionaire man was the payment system PayPal, in addition he also founded the famous electric car company called Tesla and SpaceX, with which he ensures he reached the moon.

About Elon Musk

Elon Musk was born in South Africa in 1971, the son of Maye and Errol Musk, he went from being a nerdy child to a world-class entrepreneur, he is also a citizen of three countries such as South Africa, Canada and the United States.




Some of his companies are creating futuristic ideas, there is talk of chips that could be implanted in the brain. This could be the first community between humans and machines, so that people can be just as smart as super computers.

Continuing with the idea, so that through the microchip, artificial intelligence never surpasses human intelligence, thanks to its projects of even planetary proportions, it has managed to become a global trend and with its economic victories surpass even the former richest man in the world Jeff Bezos.

And it is that its riches revolve around the 188.500.000.00 milliondollars, thus placing 1500.000.000 million dollars above bezos, and is that this fortune has been increasing considerably, some records date from an annual increase of 150.000.000.000 of dollars.

Its exponential economic growth is due to the fact that its projects and companies are home to many investors, who bet on Elon Musk as the man who will change the world with a better future thanks to his ideas.

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Tour of Elon Musk’s Best Companies

In Silicon Valley Elon together with his brother, they launched their first company called Zip2, which aimed to   facilitate an online business directory, a few years later they sold it for 307 million dollars to the computer manufacturer COMPAQ.

With some of that money, Elon Musk founded an online financial services company, called X.com which months later merged with another called confinity, to be renamed PayPal offering an online, person-to-person money transfer service.




Then after a deal with eBay, it obtained 11.7% of eBay’s shares, after selling PayPal. To found with the help of shareholders companies such as SpaceX and Tesla Motors, in which I risk almost entirely all of their fortune, to set goals that address issues such as climate risk, the risk of the dependenityof a single planet and the risk of the obsolescence of the human species.

  • To attack the climate risk, he decided to create tesla motors, solar city and the boring Company, which have as their ultimate purpose to reduce and solve the accelerated climate danger, using clean energy.
  • For dependence on a single planet, Musk created SpaceX in order to get humans off the planet, as he thinks humanity is in danger if it is limited to being left alone on this planet.
  • For the risk of obsolescence has created a non-profit company to create a friendly artificial intelligence and thus deal with a possible danger against general artificial super intelligences.