Elon Musk, PayPal and Tesle Motors founder
Even successful entrepreneurs in the United States remained without money for the sake of the business they built. It is also the case for Elon Musk, founder of Paypal and The Tesla Motors, which, although has valuable assets,doesn’t have cash, and has lived loaning some cash from friends.
His case revealed through the divorce process he is involved,and has led the American media to the question how many high-tech entrepreneurs are now in a similar situation.
Co-founder of PayPal online payment system, involved in creating the Solar City, a leader in solar and electric car manufacturer, founder of Tesla Motors, Elon Musk is a perfect example for every entrepreneur. Musk was a few years ago the owner of a fortune of 200 million dollars. He spent $ 200,000 per month and the remainder invested in new business. But remained for several months without spending money.
New York Times wrote that wealthy people live, often in great financial stress waiting for the next transaction to make money. Musk has invested 35 million dollars in Tesla, which two years ago was saved by himself from bankruptcy.
He preferred not to sell at a loss but to live from loaned money from friends.But soon he will be rich again: Tesla Motors, where he has 65% of the shares is valued by analysts at $ 1.4 billion and he will make an important public offer . Tesla sold the $ 100,000 electric cars to celebrities such as Larry Page, Google co-founder and actor George Clooney.11