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Biography

Elon Musk was born in South Africa and moved to Canada and the United States for college, studying business and physics. He founded Zip2, an online city guide, and sold it for $307 million, then used the funds to co-found X.com, which merged with Confinity to form PayPal. PayPal was later acquired by eBay for $1.5 billion. Musk founded SpaceX in 2002 to develop rockets for space travel and Tesla Motors in 2003 to produce electric vehicles. Warren Buffett was born in Nebraska and displayed an early aptitude for business, making $5,000 delivering newspapers as a teenager. He attended the University of Pennsylvania and Columbia Business School, where he

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176 views

Biography

Elon Musk was born in South Africa and moved to Canada and the United States for college, studying business and physics. He founded Zip2, an online city guide, and sold it for $307 million, then used the funds to co-found X.com, which merged with Confinity to form PayPal. PayPal was later acquired by eBay for $1.5 billion. Musk founded SpaceX in 2002 to develop rockets for space travel and Tesla Motors in 2003 to produce electric vehicles. Warren Buffett was born in Nebraska and displayed an early aptitude for business, making $5,000 delivering newspapers as a teenager. He attended the University of Pennsylvania and Columbia Business School, where he

Uploaded by

Mikka Roque
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Elon Musk

Elon Musk was born on June 28, 1971, in Pretoria, South Africa. As a child, Musk was so lost in his
daydreams about inventions that his parents and doctors ordered a test to check his hearing. Maye Musk,
her mother is a Canadian model and the oldest woman to star in a Covergirl campaign, his father on the
other hand Errol Musk, is a wealthy South African engineer. During his early childhood he spent his time
with his brother Kimbal and sister Tosca in South Africa.

Elon Musk moved to Canada in 1989, at the age of 17 to study at Queen’s University to avoid mandatory
south african military service. He obtained Canadian citizenship at the same year and felt that it is easier
to obtain american citizenship by doing this.

In 1992, he left Canada to study at the University of Pennsylvania. He graduated with an undergraduate
degree in economics and studied a second bachelor degree which is physics.

After studying at University of Pennsylvania, he headed to Stanford University in California to pursue a


PhD in energy physics. His move was timed perfectly with the Internet boom, and he dropped out of
Stanford after just two days to become a part of it, launching his first company, Zip2 Corporation in 1995
and became a U.S. citizen in 2002.

Musk launched his first company, Zip2 Corporation, in 1995 with his brother, Kimbal Musk. An online city
guide, Zip2 was soon providing content for the new websites of both The New York Times and the
Chicago Tribune. In 1999, a division of Compaq Computer Corporation bought Zip2 for $307 million in
cash and $34 million in stock options.

In 1999, Elon and Kimbal Musk used the money from their sale of Zip2 to found X.com, an online financial
services/payments company. An X.com acquisition the following year led to the creation of PayPal as it is
known today.

In October 2002, Musk earned his first billion when PayPal was acquired by eBay for $1.5 billion in stock.
Before the sale, Musk owned 11 percent of PayPal stock.

Musk founded his third company, Space Exploration Technologies Corporation, or SpaceX, in 2002 with
the intention of building spacecraft for commercial space travel. By 2008, SpaceX was well established,
and NASA awarded the company the contract to handle cargo transport for the International Space
Station—with plans for astronaut transport in the future in a move to replace NASA’s own space shuttle
missions.

Musk is the co-founder, CEO and product architect at Tesla Motors, a company formed in 2003 that is
dedicated to producing affordable, mass-market electric cars as well as battery products and solar roofs.
Musk oversees all product development, engineering and design of the company's products.
Warren Buffett
Warren Edward Buffett was born on August 30, 1930, to his mother Leila and father Howard, a
stockbroker-turned-Congressman. The second oldest, he had two sisters and displayed an amazing
aptitude for both money and business at a very early age. Acquaintances recount his uncanny ability to
calculate columns of numbers off the top of his head a feat Warren still amazes business colleagues with
today.

In 1947, Warren Buffett graduated from high school when he was 17 years old. It was never his intention
to go to college; he had already made $5,000 delivering newspapers (this is equal to $42,610.81 in 2000).
His father had other plans and urged his son to attend the Wharton Business School at the University of
Pennsylvania.

Buffett only stayed two years, complaining that he knew more than his professors. He returned home to
Omaha and transferred to the University of Nebraska-Lincoln. Despite working full-time, he managed to
graduate in only three years.

Buffett approached graduate studies with the same resistance he displayed a few years earlier. He was
finally persuaded to apply to Harvard Business School, which rejected him as "too young." Slighted,
Warren then applifsafeed to Columbia, where famed investors Ben Graham and David Dodd taught an
experience that would forever change his life.

Buffett's role at Berkshire Hathaway had actually been somewhat defined years earlier. On May 10, 1965,
after accumulating 49% of the common stock, Warren named himself director. Terrible management had
run the company nearly into the ground, and he was certain that with a bit of tweaking, it could be better
managed .Over the next few years, Berkshire built up its position in this ailing insurer and reaped millions
in profits. Graham, who still held his fortune in the company, died in September of the same year, shortly
before the turnaround. Years later, the insurance giant would become a fully owned subsidiary of
Berkshire.
https://www.biography.com/business-figure/elon-musk

https://www.thebalance.com/warren-buffett-biography-356436#:~:text=Warren%20Edward%20B
uffett%20was%20born,a%20stockbroker%2Dturned%2DCongressman.&text=While%20other%
20children%20his%20age,the%20world%20of%20high%20finance.

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