By Zuko Komisa
Thanks to the continued increase in Tesla’s stock price, South African-born billionaire Elon Musk has become the richest individual on the planet, surpassing Amazon CEO Jeff Bezos. Musk is now worth nearly $188 billion (2, 867 trillion South African Rands), which is more than the 2020 GDP of Kenya, Ghana and Senegal combined.
This all happened on Thursday 7 January 2020, with his Tesla shares of which he owns 20% of, going up as much as 7.4% – a record high of $811.61.
Photo; Instagram | @developer_jeshan
Musk heads some of the world’s most futuristic businesses. Earlier in his career, he co-founded and sold internet payment company PayPal Holdings Inc, and now leads the rocket company SpaceX as well as Neuralink, a startup that creates AI to connect the human brain to computers.
Just a boy from Pitori
Born in Pretoria in 1971, Elon Musk attended Waterkloof House Preparatory School and matriculated from Pretoria Boys High School. His dad was an engineer, and his mother was a model and nutritionist.
At the age of 17, Musk left for Canada from South Africa. He reportedly showed his appreciation for his time in Pretoria Boys High school with a donation of R1 million rand that they needed towards a new stadium.
Not so boring company
His other brainchild the Boring Company, does some really cool innovative work, making accessible tunnels for an all-electric public transit system under busy city streets to avoid the nasty traffic jams in U.S. cities.
The news about Musk’s new wealth status was received with excitement by South Africans who responded, with some asking him for money.
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