![]() The joint company was renamed PayPal and sold to eBay in 2002. Musk founded X.com, which acquired Confinity in 1999. Musk is one of six alumni of the group to reach billionaire status. ![]() He co-founded the company with a group sometimes called the “PayPal Mafia,” whose members include Jawed Karim, Jeremy Stoppelman, Andrew McCormack, Premal Shah, Luke Nosek, Ken Howery, David Sacks, Peter Thiel, Keith Rabois, Reid Hoffman, Max Levchin, Roelof Botha, and Russel Simmons. PayPalĮlon Musk had his big break at PayPal. And while Zip2 isn’t a household name, most people in America have likely heard of his next big endeavor. While Musk could easily have retired and called it quits there, he was long from done in the world of business and startups. Musk walked away with $22 million, and his legacy was integrated into search engine Alta Vista. The company began in 1995 and sold to Compaq Computer in 1999 for $307 million. His first millions came from Zip2, which he co-founded with his brother Kimbal and Greg Kouri. He dropped out of college and shortly after became an internet millionaire. Elon Musk follows a common pattern in Silicon Valley. Tosca is a mother to twins Isabeau and Grayson.įollow Yahoo Finance on Facebook, LinkedIn, Instagram and Twitter, and subscribe to the free Fully Briefed daily newsletter. She co-founded Passionflix in 2016 and has raised more than US$4 million ($5.56) from investors, including brother Kimbal. Forbes Magazine named her as one of the top 100 breakout stars of internet television in 2006 for her work. Tosca is widely recognised for having produced the pioneering video podcast TikiBar TV in 2005. She started in the entertainment industry as a production secretary on the Discovery Channel docu-series Grand Illusions: The Story of Magic.Īccording to her IMDb page, she has been producing movies since 2001 and has made more than 30 films to date. Tosca studied fine arts and specialised in film studies at the University of British Columbia. Her net worth in 2018 was US$169.4 million ($235 million) according to Saving Advice. ![]() She is the co-founder and CEO of Passionflix, a streaming service for movies that have been adapted from romance novels. (Source: Getty) Meet Tosca MuskĮlon's younger sister, Tosca, is a producer and director. Tosca Musk is the co-founder of the streaming service Passionflix. X.com merged with PayPal, which was acquired by eBay for $1.5 billion ($2.08 billion) in stock. He was an early investor in Elon's venture X.com, an online financial-services and email-payments company. It was sold in 1999 to Compaq for US$307 million ($426.57 million).Īfter selling Zip2, Kimbal invested in many fresh software and technology companies. Zip2 was an online city guide that provided content for the new online versions of The New York Times and the Chicago Tribune newspapers. When he was a teenager, Kimbal moved to Canada and co-founded Zip2 with Elon. He is the founder of three food companies, The Kitchen Restaurant Group, a nonprofit called Big Green, and Square Roots, an urban farming company.Īccording to Forbes' conservative estimates, Kimbal has a net worth of about US$700 million ($974 million) as of 2021. He is a restaurateur, chef, entrepreneur and philanthropist. Kimbal Musk's net worth is estimated to be approximately $974 million as of 2021. "We had so much money, at times we couldn't even close our safe", Errol Musk once said in an interview with Business Insider. His father, Errol Musk, is an electromechanical engineer and property developer who was once a half owner of a Zambian emerald mine.Īccording to a 2017 Rolling Stone profile, Elon once said his father "has a genius-level IQ".Įrrol was reportedly the youngest person to earn a professional engineer's qualification in South Africa. Read more: Chinese billionaire accused of ‘puppeteering’: Who is Chau Chak Wing? Read more: How crypto is taxed in Australia: All you need to know Read more: Elon Musk: SpaceX loses millions after storm strikes 49 satellites The billionaire's relationship with each family member has been detailed in the book, Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future, a book on the billionaire's life and experiences. Members of the Musk family tree have each been successful and earned millions in their own right.īased in South Africa, the Musk family was wealthy from the start but the credit of building an empire belongs to Elon and his siblings, with whom he is said to share a great rapport. (Source: Getty)Įlon Musk's phenomenal success as an entrepreneur is hard to match, but his family is not far behind. Elon Musk's younger siblings Kimbal and Tosca are also successful entrepreneurs.
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