Tech billionaire Elon Musk on Tuesday claimed that he had once paid rent of his house by turning it into a nightclub.
A Twitter user, referred to reports which claimed that Elon Musk was born in a rich family. The user further asked why rich children never get a job and waste money. To this user, Musk replied, “Yeah, kids starting with lots of money usually have much less motivation than those who have nothing. When we started our first company (Zip2) in 95, I had over $100k of student debt, a computer I built myself and a few thousand dollars.”
If being born to a well-off family is why @ElonMusk succeeded extravagantly in life then explain to me why all these rich kids go to art school, never get a job, and waste away
— 𝕯𝖆𝖓𝖆 🌞 🕵️♀️#ShadowCrew (@daelmor) May 3, 2022Advertisement
Intervening in the conversation, a Pune-based techie Pranay Pathole wrote "And here people spread lies about you already belonging to a wealthy family & that your dad owned an emerald mine. While starting Zip2 you guys didn't have a place to stay & had to shower at YMCA. Also while in college didn't u guys turn ur room in a nightclub to afford rent?"
Elon Musk replied Pathole and admitted that he paid rent by turning his house into a nightclub and charged $5.
And here people spread lies about you already belonging to a wealthy family & that your dad owned an emerald mine. While starting Zip2 you guys didn't have a place to stay & had to shower at YMCA. Also while in college didn't u guys turn ur room in a nightclub to afford rent?
— Pranay Pathole (@PPathole) May 3, 2022
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Zip2 was a Internet maps and directions services company, opened in partnership by Elon Musk and his brother Kimbal. However the startup was later sold to Compaq for around $307 million in 1999.
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In 2002, Musk founded SpaceX and then headed Tesla. Currently, Elon Musk is the richest man in the world who recently bought microblogging site Twitter for $44 billion.