Kimbal Reeve Musk, aka Kimbal Musk, is a very famous South African chef and entrepreneur. He is the owner of The Kitchen Restaurant Group, a collection of restaurants in Colorado and Chicago. Apart from this, he is the co-founder of Big Green, a nonprofit organization for the education of poor children. Moreover, he is the co-owner of Square Roots, an urban farming company in Brooklyn, New York City. He is on the boards of Tesla and SpaceX with his brother Elon Musk. He is the son of Errol Musk and a brother of Elon and Tosca Musk. In this article, we are going to reveal Kimbal Musk’s net worth.
The Early Life of Kimbal Musk
Kimbal Musk was born in the year 1972 in Pretoria, South Africa. His parents are Maye Musk and Errol Musk. His siblings are Elon Musk and Tosca Musk. Kimbal’s mother was a famous dietician, while his father had an engineering practice. He completed his high school education in South Africa. He then moved to Ontario for his higher studies. He graduated from Queen’s University with a degree in business in 1995.
The Career of Kimbal Musk
Kimbal Musk is the owner of The Kitchen Restaurant Group. This group has many restaurants in Chicago, Cleveland, Memphis, and Colorado. Moreover, he is co-founder of the nonprofit organization “Big Green,” which helps thousands of poor children get an education. Besides this, Kimbal is the co-owner of Square Roots’s urban farming company. However, his brother Elon Musk is the CEO of Tesla and SpaceX, and Kimbal is on the board of these two companies with the position of top shareholder.
Kimbal Musk had 1,30,000 shares of Tesla Stock. But, the company did a 5-1 stock split after that. In the year 2020, Tesla hit $2153 per share. At that time, Kimbal has stakes worth $280 million. Till now, he has sold stakes of Tesla worth $100 million. In the year 2021, Tesla had a worth of $880 million, out of which Kimbal’s had $500 million of stakes.
Net Worth of Kimbal Musk
Now that we have enough information about Kimbal Musk’s early life and career, it is time to reveal his net worth. Kimbal Musk has a whopping net worth of $500 million. Yes, you read that right. He is the owner of a lot of enterprises. He has invested his money in a lot of companies. He used to have a total net worth of $1 billion, but a recent drop in the stocks of Tesla reduced his net worth. He had $500,000,000 worth of Tesla stocks in the market.
This was all about Kimbal Musk’s net worth. Meanwhile, stay connected to Gizmo Chronicle for more updates.