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IN Celebrities ON 28 Jun, 2016
'The world's most remarkable living entrepreneur,' as called by the Ted Talks owner Chris Anderson, Elon Musk is truly an inspiration for the world. He's a man who was never afraid to take risks and now at the age of 44, and is planning another unthinkable project of super fast capsule trains. The man behind PayPal, SpaceX and Tesla Motors, Musk is the epitome of smartness and self-confidence. He works for more than 100 hours a week and remains impatient about his work.
Elon Musk was ranked 100 in Forbes List of World's 100 Billionaires in 2015 with real-time net-worth of $13.7 Billion. He lives in a 20,000 sq ft mansion with ocean view in Bel Air, Los Angeles, California.
This is what his colleagues say about him, "Elon always wants to know, 'Why are we not going faster? He always wants bigger, better, faster." Now, you can know why he's the ruler of the world of entrepreneurship. No doubt he is the Iron Man of the real world!
His answer was these five things 'the internet; sustainable energy; space exploration, in particular the permanent extension of life beyond Earth; artificial intelligence; and reprogramming the human genetic code.' After college, he enrolled in a PhD program in Stanford to study high energy density capacitors, under sustainable energy but left the subject within two days as he wanted to give more time to internet.
Confinity, an internet finance company which had its office in the same building of X.com, and was founded by Peter Thiel and Max Levchin merged with X.com and came to be known as PayPal. He later sold PayPal to eBay in 2002, for $1.5 billion. He was the company's largest shareholder and got a share of $180 million (after taxes).
After three failed trials of rocket launch, Musk was left with personal funds for only one more try. But the fourth try was successful and since then NASA, the client of SpaceX has made 20 trials, all being positive.
This step was a huge gamble as the last time a US car startup succeeded was Chrysler in 1925 and none of electric car startups were ever successful.
He was the inspiration for the character of Tony Stark in Iron Man movie series.
The 354-mile (570 km) route would be covered at an average speed of around 598 mph (962 km/h), with the top speed being 760 mph (1,220 km/h).
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