Get all your news in one place.
100's of premium titles.
One app.
Start reading
Wales Online
Wales Online
World
Branwen Jones

How Elon Musk made his £200bn fortune before he bought Twitter

Billionaire, Elon Musk, has made headlines recently after social media giant Twitter accepted his bid to take over the company. Mr Musk, the world's richest man according to Forbes magazine, struck a deal on Monday to buy the 16-year-old business for roughly $44 billion (£36.2bn).

The company initially refused the billionaire's bid, but will now ask shareholders to vote to approve the deal. The South African-born businessman is known for being the founder of various companies, from internet businesses to an aerospace manufacturer. It is said that his net worth is estimated around $273.bn, but how did he make his fortune? Here's how he got to this point.

In 1995, Elon Musk alongside his younger brother, Kimbal Musk, started an internet business called Zip2 Yellow Pages. The aim of the company was to help newspapers go online. Then in 1999, Mr Musk made $22 million at the age of 27 when he sold the company to Compaq Computer.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.