72023Apr

errol musk emerald mine

In South Africa, my father had a private plane we'd fly in incredibly dangerous weather and barely make it back. Forbes, 1 Oct. 2016, https://www.forbes.com/sites/jimclash/2016/10/01/can-elon-musk-really-get-us-to-mars-within-10-years/. To me, he sure is trying to make the world better right now, and thats the best thing he could do with his fathers money. This story was picked up by other news outlets and peddled as a sign of the Musk family's "lavish lifestyle. Elon also denied that Errol invested in the company. The article attributed the source of Elon Musks wealth to apartheid. "I said, 'Oh, all right'. Rolling Stone reported in 2017 that Errol was, by his own account, making money in the often dangerous worlds of construction and emerald mining at times so much that he claims he couldnt close his safe.. You have no idea.. "In my experience, there is nothing you can do," he added. We did not receive a response from Forbes PR. Regardless of your opinion of him, he is aself-made billionaire." I couldn't even afford a 2nd PC at Zip2, so programmed at night & website only worked during day. [10] She gave birth to three children; Elon Reeve Musk born on 28 June 1971, Kimbal Reeve Musk born on 20 September 1972, and Tosca Musk born on 20 July 1974. Instead, they focus on describing how hard he worked in his teenage years and early adulthood, how much debt he accrued by attending college and his disdain for his father. In that context, its probably understandable that Musk decided enough was enough and felt he needed to answer the claims online. ". "Elon Musk's Family Once Owned an Emerald Mine in Zambia Here's the Fascinating Story of How They Came to Own It." The interview is no longer available on the Forbes website. We live in a world where facts and fiction get blurred. @Keewa tweeted on May 9, 2020, Remind: Elon Musk inherited money from his fathers apartheid emerald mine, that doesnt mean hes clever. Vance, Ashlee. His children were reportedly influenced by his liberal political views. The emerald mine was not mentioned in that interview. Hull, Dana, and Patrick May. Errol and Jana welcomed a son, Elliot "Rushi" Rush, in 2017 and a daughter in 2019. The emerald mine story, reported in 2018 in Business Insider, tells how, in the mid-1980s, Errol acquired a half-share in a Zambian emerald mine, which would help to fund his familys lavish lifestyle of yachts, skiing holidays, and expensive computers.. First, we have republished past statements from both Errol and Elon. ", He grew up in South Africa and had the good fortune of doing so in an upper-middle-class home. Elon Musks family wealth has once again resurfaced as a talking point. Jack @lets_gobaby tweeted, Ok but how does inheriting money mean you arent smart?. ---. "Elon Musk Is the Hero America Deserves." Tesla and SpaceX CEO Elon Musk and his mother, Maye Musk. "They didn't like it.". In his interview with Business Insider South Africa, Errol said that he was to blame for his divorce from model Maye Musk, with whom he shares Elon, Kimbal and Tosca. According to the story, "When [Elon] was elevenabout the time that he sold his first piece of software, a video game called Blastar Musk told his mother that he was going to move back to Pretoria to live with his father, Errol, an electrical engineer who would later own an auto-parts store and a share in an emerald mine.". Errol and a co-pilot were flying a plane from. For example, on Dec. 28, 2019, hetweetedthat his father "didn't own an emerald mine" and that he (Elon) had worked his way through college, ending up with around $100,000 in student debt. This is a pretty awful lie. Bloomberg.com, 22 May 2020, https://www.bloomberg.com/news/features/2020-05-22/elon-musk-speaks-frankly-on-coronavirus-spacex-and-rage-tweets. He will plan evil, Elon tearfully told Rolling Stone in 2017. Once the kids were living with me, they visited their father some weekends. In 2017, Errol told Rolling Stone that while he has never intentionally hurt or threatened anyone, he once shot and killed a group of burglars at his home in Johannesburg, though he says he was cleared of all charges because he acted in self-defense. Zip2's purpose was to provide "a searchable business directory that could be described as an internet version of the yellow pages telephone directory with maps included," according to Britannica.com. Are broader financial markets in a massive speculative bubble? Clash, Jim. Answer these 2 simple questions & WIN R1000 in cash! Once the Musk emerald story started circulating, and information about Musk's father Errol's past business dealings got out, a cavalcade of internet poo-pooers flocked to Twitter to lambast Musk . Business Insider South Africa, 23 Feb. 2018, https://www.businessinsider.com/elon-musks-dad-tells-bi-about-the-familys-casual-attitude-to-wealth-2018-2. Snopes and the Snopes.com logo are registered service marks of Snopes.com, Image Via PHILIP PACHECO/AFP via Getty Images. Are you prioritizing your cable entertainment bill over protecting and investing in your family? But by many accounts, the issues at the Tesla factory go beyond the need for a thick skin, New York Times reported. "I said, 'Oh, all right.' "Bezos' Comments on Workers after Spaceflight Draws Rebuke." We reached out to Reich to ask if he could provide evidence of his assertion, but did not receive a response before this story was published. "My brother and I paid for college through scholarships, loans and working two jobs simultaneously. Friend, Tad. Errol Musk (born 1946) is a South African electromechanical engineer, pilot, sailor, consultant, and property developer who was once a co-owner of a Zambian emerald mine near Lake Tanganyika. In an interview with Express, Cattrell recalled: One night, they were sitting in the living room and his dad said Everybody down! "He also claims he was getting emeralds from other sources, with only 60-70% coming from this venture." Later, on Sept. 20, 2022, hecalledRobert Reich "an idiot and a liar" for tweeting a video that pushed the emerald mine wealth rumor as fact. Errol was a successful consulting engineer, and also owned an emerald mine in Zambia. It was that lifestyle, Errol says, that turned Elon into the kind of merchant adventurer who would later break the rules of the motoring business with Tesla, then go on to change spaceflight with SpaceX. They never made it to their destination. Address: Regus Business Centre 1st Floor, Block B, North Park, Black River Park, 2 Fir Street, Observatory, Cape Town, 7925, South Africa Postal: Blue Sky Publications (Pty) Ltd T/A TheSouthAfrican, PO Box 44354, Claremont, 7735, South Africa, United Kingdom Blue Sky Publications Ltd Company Registration Number: 04683692. R/EnoughMuskSpam via Reddit.com, 5 Dec. 2019, www.reddit.com/r/EnoughMuskSpam/comments/e6j76f/his_family_stole_an_emerald_mine/. So I became a half owner of the mine," he told the outlet. Musk had earlier slammed Reich for misrepresenting his background in the post, which argued that "self-made billionaires are a myth" and named the SpaceX founder and other prominent business. ", For his part, Errol told the Daily Mail that Elon "needs to grow up" and "get over himself," adding, "I'm not going to hit back. Not for 'At Least' a Few Weeks, Says Elon Musk, Elon Musk's Ex Justine Calls Twitter Employees' Letter Protesting Reported Staff Cuts a 'Very Bad Idea', Elon Musk Says He's Buying Twitter to 'Help Humanity' And Doesn't Want It to Be 'Free-for-All Hellscape', Elon Musk Says Kanye West's Twitter Was Reinstated Before He Took Over the Company, Elon Musk Plans to Cut 75 Percent of Twitter's Workforce If He Takes Over the Company: Report. Copyright 2023 PopCulture.com. Twitter, https://twitter.com/elonmusk/. Although Musk said that his father was brilliant at engineering in the Rolling Stone interview, thats where the praise ended. In April 2014, Dana Hull and Patrick May penned an article for San Jose's The Mercury News with the headline, "The otherworldly ambitions of Elon Musk." Theyre the same, except for the fact that he is a billionaire, started multiple successful companies and doesnt live in his mothers basement. They still dont like it. Here's a summary of our findings: We located reporting from as far back as 2009 and 2014 that said when Elon Musk ("Elon" hereafter) was a child in South Africa in the 1980s, his father ("Errol" hereafter) at some point owned "a stake in an emerald mine" near Lake Tanganyika in Zambia, not South Africa. According to a Facebook post from Errol, the Zambian emerald mine he held a stake in "collapsed in 1989. While the story merely pointed to the facts that apartheid existed at the time and the Musk family made money from emerald mining, Musk to his frustration has found it hard to brush off the narrative of his wealth being linked to apartheid. We contacted Elon publicly on Twitter. Black Americans Have the Highest Mortality Rates But Lowest Levels of Life Insurance Elon tweeted that he had $100,000 debt after college. While the story did mention the family once lived in a popular suburb, the article said nothing of the emerald mine providing wealth to the son when he moved to Canada in 1988, or to the U.S. in 1992. Arnold, Jeremy. In a 2019 . ", Errol and Elon have an acrimonious relationship. The Musk name might be one of the most recognizable on the planet, but little is known about its patriarch, Errol Musk. Errol Musk bought 50% of the emerald mine in 1969 for about 40,000, which is equal to about 160 000 today. He's having a tantrum, like a spoilt child. So we decided to head back to Lake Tanganyika from where we were, I think we were in Djibouti., Errol Musk (father of one Elon Musk) on raising one of the world's most famous billionaires: http://t.co/Fg8xmqN1L0 pic.twitter.com/LVJyMdebZK. For what it's worth, my reporting, based on conversations with hundreds of people, confirms Musk's story. Where is this bs coming from? The Tesla CEO has fathered 10 children. So I became a half owner of the mine, and we got emeralds for the next six years.. Earlier in this story, we referenced a July 3, 2020, tweet from Elon that mentioned Vance's interview. (We'll have more on Vance's Bloomberg.com interview later in this story.). This is a pretty awful lie, Elon tweeted. The story made no further mention of the mine. "Elon Musk and the Emerald Mine." Its obvious why Musk would want to distance himself from apartheid in every possible way. Errol Musk said he bought half of an emerald mine after selling a plane. I said, Oh, all right. However, $800 was probably pocket change for the family, judging by what Musk's father told the site. He began his career as an electromechanical engineer. Given Elon Musks interest in exploration and adventure, its no surprise he descends from intrepid stock, and its Errols side of the family that is seemingly responsible for his innovative, envelope-pushing genes. That conversation is more valuable but less newsworthy than just resurfacing the same lazy claims every few months, which are guaranteed to get clicks. "My [former] wife doesn't speak to me, even when we're together, she won't speak to me, so we haven't spoken to one other for 37 years. I tried threats, rewards, intellectual arguments, emotional arguments, everything to try to change my father for the better, and he no way, it just got worse. The way Errol tells it, that all started with an inconvenient religious holiday. On July 3, 2020, Elon tweeted about the subject again, responding to a since-deleted tweet with, "I don't have an 'emerald mine,' nor was I given free money from anyone, inheritance or otherwise. By email, Clash told us he had no idea why it was no longer hosted by Forbes. But the emerald mine story keeps coming back. Elon, by his father's recollection then probably 16 years old, and his brother Kimbal, decided to sell emeralds to Tiffany & Co. on Fifth Avenue in New York . According to media reports Errol reportedly owned an emerald mine in Zambia near Lake Tanganyika which enabled his family to live in luxury at the time. On holidays, Errol and his kids would travel, he said: to Europe, Hong Kong, throughout the United States. All Rights Reserved. Musk may not be a great guy, but I fail to see any apartheid link to his fathers emerald mine., @grard97 tweeted, Remind: Elon Musk owns an electric and autonomous car companyA private space landing rockets companyAn AI companyA Neuroscience companyA Solar Panel and energy storage companyThe WHOLE bank on the internet was started by him (yes, your credit card as well), @C49015142 tweeted, I thought I read in Malcolm Gladwells book David and Goliath that his company received $500 million from the US government, so we are all subsidizing him.

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errol musk emerald mine