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I'll call him apartheid boy faster than anything, but this claim is largely inaccurate and needs to stop being repeated, because the truth is bad enough.
He got rich by scamming Compaq and thanks to Peter Thiel, gay fascist, kicking him out of control at PayPal.
Not only did his own father call Elmo out on his fake "rags to riches" story, by throwing a bag of unrefined emeralds on the table.
Elmo even went as far as to state his father had a stake in an apartheid emerald mine in an interview in Forbes of 2014.
He tried to get the interview removed of course, but it still is on the Wayback Machine.
Excerpt:
Elon sold his first company, which basically just owned a single useful program, to Compaq for $300 million, riding the .com bubble.
Errol Musk's net worth is $2.5 million.
His affluence gave Musk his start but it isn't why he's a billionaire, that's due to dumb boomers paying too much for funny numbers and Peter Thiel realizing he's a moron that can't be trusted to run a company based on public perception of trustworthiness.
Bennett Tomlin investigated the emerald mine claims. It's really interesting: https://youtu.be/4oNoy7Ay-yU?si=Y4-2_nCk73sWHmhW
Not only did Musk's father own part of an emerald mine, but he was given that part of ownership after allowing shady people to use the family plane to transport things without asking any difficult questions.