How Did Elon Musk Make His Money? He Offers 5 Tips to His Success

Elon Musk's name is known the world over. He is not only the planet's wealthiest man but also a super successful entrepreneur who has founded a string of hugely profitable companies. So how did Elon Musk make his money, you ask?

Elon Musk - Short Bio

He was born Elon Reeve Musk on June 28, 1971, in Pretoria, Transvaal, South Africa. He is a native South African, and he also holds citizenship in Canada and the United States.

Elon Musk - Early Life

Rome wasn't built in a day, and that also goes for the richest person in the world and his fortune. His road to becoming the wealthiest man began in 1989 when he moved to Canada from South Africa to avoid mandatory military service.

Zip2

In 1995, Elon, his brother Kimbal and another partner decided to jump into the internet, which was a new and rapidly-growing technology at the time. They borrowed money from their family and angel investors and launched Global Link Information.

X.com

His next plan was already in motion: taking approximately $10 million from his $22 million, he started a new company called X.com in 1999. This company focused on online financial services.

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