How is The Net Worth of Errol Musk $2m?

What is Errol Musk’s Net Worth?

Net Worth$2 Million
Source of WealthReal Estate, Investment
Date of Birth1946
NationalitySouth African
Place of BirthSouth Africa
Star SignAquarius
Partner/FamilyMaye Musk (married 1970-1979), Elon Musk, son

Errol Musk is most famous because of his son Elon Musk, the current richest man in the world. He has an estranged relationship with the multi-billionaire and doesn’t speak to him or his other child from his first marriage. Errol Musk’s life is marked by scandal and his relationships with his more famous children. 

Before the Spotlight

Not much information about Errol Musk’s early life is available. He was born sometime in 1946, but his birth date remains a mystery. Musk’s father was South African, and his mother was Canadian, allowing him to apply for Canadian citizenship with his children from his first marriage, Elon, Kimball, and Tosca. The family moved to Canada in the 1970s. 

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The Journey to Success

Errol Musk’s career was successful, even if his exorbitantly rich son overshadowed it. He was a real estate agent and investor and was able to retire young and travel the world. Musk also owned shares in several mines and businesses in South Africa. He has since become a sailor, pilot, mechanic, and investor. 

The Best Moments

  • 1946 – born 
  • 1970 – married Maye Haldeman, moved to Canada
  • 1971 – Elon Musk was born
  • 1979 – divorced Maye
  • 1995 – financed Elon Musk’s first startup
  • 2011 – married Heide-Mari
  • 2018 – fathered a child with his stepdaughter, divorced Heide-Mari

The Private Side

Errol Musk’s personal life is somewhat checkered. Both of his ex-wives claim that he has abusive and controlling tendencies. Errol fathered a child with his stepdaughter, who is 30 years his junior. Although he lived with his children for a while, Musk currently lives in South Africa. 

Read More: Maye Musk’s Personal Life and Family

Errol Musk’s Related YouTube Video

Errol Musk: The Brilliant, ‘Evil’ Father of Elon Musk

Here is an interview with Errol Musk from the 1980s. He is discussing his son’s intelligence and potential in an interview.

Famous Quotes of Errol Musk

Errol Musk doesn’t have many famous quotes or sayings. However, in one interview, he said that the family was wildly rich growing up and money was never an issue due to his partial share in an emerald mine. Later, his son Elon disputed the claim, clarifying that he worked his way through college. Elon has also referred to his father as “the devil.”

The Social World

Errol Musk leads a somewhat secluded life in South Africa and has no available social media. He likes sailing and flying his planes and has little contact with his children or the greater outside world. However, he sometimes gives interviews for various news sources. 

Lessons for Entrepreneurs

Although his son is a much better model of success, Errol Musk worked hard to give Elon Musk his start in technology. We can also learn from his estranged relationship with his family. Here are some lessons you can learn from this man: 

  • Encourage your children to learn about new technology and follow their dreams
  • Be a good person and don’t try to control your family. 
  • Learn everything you can about the things you love. 
  • Don’t be afraid to try new things. 

The Unusual Stuff

Here are some interesting facts about Errol Musk: 

  • He has six children: three boys and three girls. 
  • He had several affairs while married to both of his ex-wives. 
  • He is a mechanical engineer, a pilot, and an accomplished sailor. 
  • Even though his children are estranged, Musk continues to support them from afar. 

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Answering Frequent Questions

Here are some frequently asked questions about Errol Musk, especially concerning his son Elon. 

Is Elon Musk’s Dad Alive? 

Yes, Errol Musk is still alive. He currently lives in South Africa, where he was born. Errol Musk is in his early 80s. 

Is Errol Musk Bad? 

Errol Musk was not the best husband or father at all times, but he did encourage his children to learn about technology and follow their passions. Although it does not excuse his controlling behavior, Errol’s wealth and education allowed Elon Musk to become what he is today. 

Did Errol Musk Own an Emerald Mine? 

Errol Musk owned partial shares in an emerald mine, which gave the family some wealth. However, he did not own the entire mine or multiple mines. 

The Closing Remarks

Errol Musk, like his son, is a brilliant businessman with a troubled past. Although he has had issues with his family and the women in his life, Musk fathered one of the richest men in the world. He has earned his own money throughout his life, traveled the globe, and now resides in his homeland.

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Asad Elahi

Asad Elahi is a personal finance expert and author with over 5 years of experience in the industry. He has written extensively on topics such as saving, investing, and building wealth, focusing on helping individuals achieve financial independence. His work has been featured in major publications such as Forbes and The Wall Street Journal, and he is a regular contributor to financial websites and blogs.