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by mrguyorama 1024 days ago
Other than having fairly wealthy parents and family?

His payoff from paypal is not something most people will have access to. The dot com boom was basically a lottery.

3 comments

Before Paypal he sold a rudimentary yellow pages search engine to Compaq for $305 million so that they could merge it into their search engine.

Compaq managed to sell AltaVista for $2.3 billion 6 months later and not long before the crash so maybe it wasn't the stupidest move on their side.

How wealthy were his parents and family? How many other people have parents and family that wealthy, or wealthier? How many of them end up being $100+ billionaires?
Many people are "fairly wealthy", yet don't end up as billionaires e.g. many doctors, lawyers or SWEs.

Elon family riches is uncertain: https://futurism.com/elon-musk-dad-emerald-mine