Elon Musk does not receive a salary or only receives a symbolic salary of $ 1 / year in all the companies he owns. So how did this billionaire become the richest person in the world?
In 1999, Elon Musk and his friends Harris Fricker, Christopher Payne and Ed Ho founded X.com, one of the first banks and online transaction services on the internet. To entice users, the service also gives money to subscribers and refers friends to join.
In 2000, X.com merged with competitor Confinity Inc., a software company developing online payment services. After the merger, the 2 companies changed their names to PayPal. Two years later, eBay acquired PayPal for $2.1 billion. Musk earned $5 million from the deal.
Elon Musk was the one who chose the X.com name for the company he founded and ordered the domain name X.com in 1999. The domain later belonged to eBay, but was acquired by Musk in 2017. Currently, X.com is used for the social network Twitter.
With the money from the sale of Zip2 and PayPal, Elon Musk founded an aerospace technology company, called Space Exploration Technologies Corporation (Space Exploration Technology Joint Stock Company). However, Elon Musk wants his company to be briefly called SpaceX.
In 2004, Elon Musk invested $6.5 million and became Tesla’s largest shareholder. This is undoubtedly the wisest and most successful investment of this billionaire.
In 1999, Elon Musk and his friends Harris Fricker, Christopher Payne and Ed Ho founded X.com, one of the first banks and online transaction services on the internet. To entice users, the service also gives money to subscribers and refers friends to join.
In 2000, X.com merged with competitor Confinity Inc., a software company developing online payment services. After the merger, the 2 companies changed their names to PayPal. Two years later, eBay acquired PayPal for $2.1 billion. Musk earned $5 million from the deal.
Elon Musk was the one who chose the X.com name for the company he founded and ordered the domain name X.com in 1999. The domain later belonged to eBay, but was acquired by Musk in 2017. Currently, X.com is used for the social network Twitter.
With the money from the sale of Zip2 and PayPal, Elon Musk founded an aerospace technology company, called Space Exploration Technologies Corporation (Space Exploration Technology Joint Stock Company). However, Elon Musk wants his company to be briefly called SpaceX.
In 2004, Elon Musk invested $6.5 million and became Tesla’s largest shareholder. This is undoubtedly the wisest and most successful investment of this billionaire.
In 1999, Elon Musk and his friends Harris Fricker, Christopher Payne and Ed Ho founded X.com, one of the first banks and online transaction services on the internet. To entice users, the service also gives money to subscribers and refers friends to join.
In 2000, X.com merged with competitor Confinity Inc., a software company developing online payment services. After the merger, the 2 companies changed their names to PayPal. Two years later, eBay acquired PayPal for $2.1 billion. Musk earned $5 million from the deal.
Elon Musk was the one who chose the X.com name for the company he founded and ordered the domain name X.com in 1999. The domain later belonged to eBay, but was acquired by Musk in 2017. Currently, X.com is used for the social network Twitter.
With the money from the sale of Zip2 and PayPal, Elon Musk founded an aerospace technology company, called Space Exploration Technologies Corporation (Space Exploration Technology Joint Stock Company). However, Elon Musk wants his company to be briefly called SpaceX.
In 2004, Elon Musk invested $6.5 million and became Tesla’s largest shareholder. This is undoubtedly the wisest and most successful investment of this billionaire.
In 1999, Elon Musk and his friends Harris Fricker, Christopher Payne and Ed Ho founded X.com, one of the first banks and online transaction services on the internet. To entice users, the service also gives money to subscribers and refers friends to join.
In 2000, X.com merged with competitor Confinity Inc., a software company developing online payment services. After the merger, the 2 companies changed their names to PayPal. Two years later, eBay acquired PayPal for $2.1 billion. Musk earned $5 million from the deal.
Elon Musk was the one who chose the X.com name for the company he founded and ordered the domain name X.com in 1999. The domain later belonged to eBay, but was acquired by Musk in 2017. Currently, X.com is used for the social network Twitter.
With the money from the sale of Zip2 and PayPal, Elon Musk founded an aerospace technology company, called Space Exploration Technologies Corporation (Space Exploration Technology Joint Stock Company). However, Elon Musk wants his company to be briefly called SpaceX.
In 2004, Elon Musk invested $6.5 million and became Tesla’s largest shareholder. This is undoubtedly the wisest and most successful investment of this billionaire.
