Kimbal Musk is a Businessman and restaurateur and is considered the father of the modern food movement. He is also the younger brother of the billionaire entrepreneur Elon Musk. He has co-founded zip2 and x.com (now a part of PayPal) with his elder brother. He is also the founder of the famous restaurant chain in America called The Kitchen. Let’s find out how much is Kimbal Musk’s net worth in 2018.
Kimbal Musk was born on 20th September 1972 in Pretoria, South Africa. His parents are Errol Musk and Maye Musk. His father has an engineering business of his own, and his mother is a dietician. He has one brother and one sister. His brother is Elon Musk who is the CEO of Tesla Inc. His sister Tosca Musk is a filmmaker.
Kimbal Musk grew up in an ambitious family with both his parents busy in their respective careers. He completed his high school graduation from Pretoria High School. Later on, he went to the Queens University in Canada to pursue a degree in Business.
Kimbal Musk has made some independent business forays like The Kitchen, OneRiot and Square roots and achieved great success in each one of them. He also joined hands with his brother and co-founded some very popular and commercially viable business ventures like Zip2 and X.com.
Kimbal Musk married an architect Jen Lewin with whom he established his business venture The Kitchen. The couple has three children. Things didn’t work out between the two, and the couple divorced. Later on, Kimbal married businesswoman Christiana Wyly and lives in Boulder with his three children.
Kimbal Musk started investing in business while he was still studying in college. His first business venture was College pro painters which was a residential painting business. He also worked with Scotiabank when he was in college.
After his college graduation, Kimbal teamed up with his elder brother to start the online city guide Zip2. They sold the company after 4 years of operation for more than 3 million.
Later on, Kimbal invested in X.com which was his elder brother’s online financial services business venture. This company was, later on, merged with PayPal and bought by eBay.
Kimbal then moved to New York and started studying in the French Culinary Institute. After his course completion, he started his own restaurant chain called The Kitchen. The Kitchen has been named as one of the top restaurants of America.
In 2006, Kimbal was appointed as the CEO of an online advertisement company named OneRiot. After quitting the company 4 years later, Kimbal started an educational nonprofit organization called Learning Gardens.
His most recent business venture has been Square roots urban growers which is s food Production Company.
Awards & Achievements
Kimbal Musk is an astute businessman who has made a fortune by investing in some very creative and upcoming business ideas. In 2017 he was named as the Most Creative People in Business by the Fast company magazine.
Kimbal is also involved in various philanthropic works and was named Social Entrepreneur of the year in 2017 by the Schwab Foundation.
His business venture The Kitchen has been named as a top restaurant by Food & Wine, Open Table, and Gourmet.
Net Worth of Kimbal Musk
Kimbal Musk has amassed a net worth of $3 billion through his many profitable business ventures.
To start with, he sold his first business Zip2 for a whopping $307 million to Compaq in 1999. His second business X.com which was merged with PayPal was acquired by eBay for $1.5 billion in 2002.
His independent business venture The Kitchen which cost him nearly $600,000 to start is doing extremely well and has opened at 5 locations like Chicago, Memphis, Denver, Boulder and Fort Collins.
Kimbal Musk is known for his innovative business ideas that turn out to be extremely commercially viable too. He is not just a businessman but a philanthropist too. He is also known as one of the top people who is changing the food industry of America. A person who is known for his penchant for hard work, Kimbal Musk has achieved great success through his determination and dedication to his work.