Who is Kimbal Musk, Tesla director in a cowboy hat and Elon Musk's brother?

Kimbal Musk grew up in South Africa with his brother before moving to Canada to pursue a business degree at Queen's University.

Published on: Jun 13, 2024, 16:30:14 IST

By HT News Desk

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Tesla shareholders are voting to ratify CEO Elon Musk's $56 billion pay package which was voided by a court in January. The billionaire said that shareholders were voting by wide margins to approve the pay package. On the agenda for the meeting is the re-election of directors, including Elon Musk's younger brother, Kimbal. Usually seen posing in a cowboy hat, Tesla's website describes him as an entrepreneur, activist and chef.

Usually seen posing in a cowboy hat, Tesla's website describes Kimbal Musk as an entrepreneur, activist and chef. (Reuters)

Read more: Elon Musk is very confident Tesla will give him $56 billion pay: ‘They are voting yes’

Here are top things you need to know about Kimbal Musk?

Kimbal Musk is Elon Musk's younger brother. He grew up in South Africa with his brother before moving to Canada to pursue a business degree at Queen's University.
Kimbal Musk turns 52 this year and is younger to Elon Musk by a year. His net worth was estimated at $700 million in 2021, as per Forbes. Read more: Elon Musk joked about spanking SpaceX coworkers, evaluated 'women's bra size'
Kimal Musk owns nearly 2 million shares of Tesla, worth more than $350 million, as per the company's filing.
He was a director of SpaceX from 2002, when it was founded, to January 2022, and served on Chipotle Mexican Grill's board between 2013 and 2019.
The brothers also collaborated for an internet enterprise software firm Zip2 Corp which they co-founded in 1995. It was acquired by Compaq for a reported $307 million, as per the New York Times and merged into Yahoo Maps in 1999. Read more: Mukesh Ambani- Elon Musk's India satellite internet race heats up as Reliance clears hurdle
Kimbal Musk also invested in his brother's online financial services firm X.com which merged with PayPal.
He is a graduate of the French Culinary Institute in New York City and has cofounded the Kitchen Restaurant Group which has restaurants across the United States.

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HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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