Elon Musk Dad Net Worth (Updated 2025).
Elon Musk, born in South Africa, began his entrepreneurial journey at a young age. He taught himself computer programming at just 10 years old, and by 12, he sold his first game, “Blastar,” to a computer magazine for $500. This early passion for technology and business set the stage for his future endeavors.
In 1995, Musk moved to the United States to attend the University of Pennsylvania, where he studied physics and economics. After graduating, he briefly worked at a financial firm before dropping out of a Ph.D. program in physics at Stanford University to pursue his entrepreneurial dreams. In 1999, he co-founded his first successful company, X.com, which later merged with Confinity to become PayPal. Musk’s role in PayPal’s growth and eventual sale to eBay for $1.5 billion catapulted him into the public eye and established him as a prominent figure in the tech industry.
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Elon Musk’s Current Net Worth (2025)
As of 2025, Elon Musk’s net worth is estimated to be around $200 billion, according to Forbes. This makes him one of the wealthiest individuals in the world.
Career
Elon Musk’s career began with his first company, Zip2, which he sold to Compaq in 1999. He then founded PayPal, which he sold to eBay in 2002. In 2002, he co-founded SpaceX, aiming to make life multiplanetary. In 2004, he joined the board of Tesla Motors, which he later led as CEO. He also founded The Boring Company and Neuralink.
Other Ventures
Musk’s other ventures include OpenAI, a non-profit AI research company, and X.AI, formerly known as x.ai, which focuses on high-risk, high-reward projects. He also briefly owned Twitter in 2022.
Assets
Musk’s assets include a 20% stake in Tesla, a 42% stake in SpaceX, and a 75% stake in The Boring Company. He also owns several properties in the United States and a private jet. His primary residence is in Texas.
Annual Income
Musk’s annual income is primarily derived from his stakes in Tesla and SpaceX. In 2021, he made over $30 billion from stock sales alone. However, his income can fluctuate significantly due to changes in stock prices.
Frequently Asked Questions about Elon Musk Dad
Frequently Asked Questions: Elon Musk’s Dad
1. Who is Elon Musk’s father?
Elon Musk’s father is Errol Musk. He was born in South Africa and worked as an electromechanical engineer and consultant.
2. What is Errol Musk’s net worth?
As of the latest estimates, Errol Musk’s net worth is around $10 million.
3. How old is Errol Musk?
Errol Musk was born on April 26, 1946, making him 76 years old as of 2023.
4. What is Errol Musk’s occupation?
Errol Musk worked as an electromechanical engineer and consultant. He also owned a sapphire mine in Lesotho.
5. How many children does Errol Musk have?
Errol Musk has 10 children from three marriages. Elon Musk is his eldest child from his first marriage to Maye Musk.
6. What is the relationship between Elon Musk and his father like?
The relationship between Elon Musk and his father has been described as strained. Elon has mentioned in interviews that he had a difficult relationship with his father growing up.
7. Did Errol Musk help Elon Musk financially?
There is no public record of Errol Musk providing significant financial help to Elon Musk. Elon has stated that he paid for his own college tuition.
8. What is Errol Musk’s nationality?
Errol Musk is South African. He was born and raised in Pretoria, South Africa.
9. Does Errol Musk have any involvement in Elon Musk’s companies?
There is no public record of Errol Musk being involved in any of Elon Musk’s companies, including SpaceX, Tesla, or Neuralink.
10. What is Errol Musk’s current whereabouts?
Errol Musk currently resides in South Africa. He has been living there since the 1990s.
