Elon Musk says he and brother have ‘financially supported’ dad Errol since 1990s

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Elon Musk says he and brother have ‘financially supported’ dad Errol since 1990s
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“Errol ran out of money in the 90’s,” Elon Musk said.

“We are a very frugal, stingy family,” the Musk family patriarch said. “If I want to spend anything, I have to answer 100 questions of why.” Musk had earlier slammed Reich for misrepresenting his background in the post, which argued that “self-made billionaires are a myth” and named the SpaceX founder and other prominent business leaders who had purportedly relied on others to get their start.Reich said Musk “came from a family that owned an emerald mine in Apartheid South Africa.

“The origins of self-made billionaires are often depicted as a ‘rags-to-riches’ rise to the top fueled by nothing but personal grit and the courage to take risks — like dropping out of college or starting a business in a garage,” Reich said.Elon Musk and his brother Kimbal have been supporting their father for decades.“You both an idiot and a liar,” Musk tweeted in response to the video.

The billionaire also tweeted a link to a Substack post written by Jeremy Arnold, which debunked claims that Musk grew up wealthy due to a family stake in an emerald mine.Musk also personally disputed the narrative in a series of tweets in December 2019. “He didn’t own an emerald mine & I worked my way through college, ending up ~$100k in student debt,” Musk said. “I couldn’t even afford a 2nd PC at Zip2, so programmed at night & website only worked during day. Where is this bs coming from?”

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