Elon Musk had to support his father financially in the 1990s

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It is well known that the relationship between Elon Musk and his father, Errol Musk, It is not good. A couple of months ago, the father of the richest man in the world confessed in an interview that he was not proud of his son.


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The 76-year-old acknowledged that, although Elon has done more things than his brothers, his pride is Kimbal (Elon’s younger brother) and that the businessman is not as happy as he would like: “He is frustrated with progress and it is understandable “.

In 2018 Elon gave an interview to the magazine rolling stone in which he confessed that the relationship with his father was not good and described him as an evil man: “Almost all the crimes you can think of, he has committed. Almost all the evil things you can think of, he has committed. done”.

Now Musk has made it known that for years he and his brother supported their father financially. the founder of Tesla Y SpaceX responded to the post by Robert Reich, a professor at the University of Berkeley, who claims that self-made millionaires do not exist and that Elon Musk, Jeff Bezos and Bill Gates actually come from families that had huge resources and contacts before undertaking. According to the professor, Musk’s family owned an emerald mine in South Africa and the privileged position of his father helped him to undertake more easily.

After replying to Reich that he was a idiot and a liar, hundreds of users commented on the rumor of the emerald mine and the supposed support that Elon received from his father. He later commented, “Errol ran out of money in the ’90s. My brother and I have supported him and his extended family in South Africa financially ever since on the condition that he didn’t do bad things. Unfortunately, he did bad things :(” .

Elon’s financial support for Errol Musk

Although he does not go into detail about the father’s behaviorElon shows that far from having a privileged economic position, his father went through difficult financial times and he had to support him financially.

In 1999 Elon Musk founded X.com, the financial services company that would eventually become PayPal. He subsequently created SpaceX, Tesla, The Boring Company and Neuralink.

According to Forbes Elon Musk is today the richest man in the world with an estimated fortune of $219 billion dollars.

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Elon Musk had to support his father financially in the 1990s