SA Born Elon Musk is Fortune’s Businessperson of the Year

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Elon Musk
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Elon Musk
Elon Musk

Elon Musk, the co-founder of Tesla, SpaceX, SolarCity has been named as Fortune’s businessperson of the year, with his firms as the No. 1 revenue gainer  and No. 2 stock price gainer, beating Facebook CEO, Mark Zuckerberg  at 12th, Twitter’s chairman, Jack Dorsey at 14th and Apple CEO, Tim Cook at47th.

Fortune says its “no Secret that Elon Musk is a triple threat” due to his move from PayPal to disrupt aeronautics with Space Exploration Technologies, known as SpaceX and then now disrupting the auto industry with Tesla Motors and the power sector with SolarCity, Musk is a man to reckon with.

Apart from being the CEO & CTO of SpaceX and chairman of SolarCity, Musk is also the CEO & Chief Product Architect of Tesla Motors which has has emerged as the world’s most prominent maker of all-electric cars with revenues up 12 times for the first three quarters of 2013 and the company is headed to top $2 billion in sales by year end.

Musk’s SpaceX is also reigniting interest in space exploration and his ultra-high-speed transit “hyperloop” between San Francisco and Los Angeles announced in August also led him to the world’s top businessperson this year said the magazine. Bloomberg Wealth values him at $7.7 billion.

See the rest of the list here.

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Sam Wakoba
Based out of Nairobi, Kenya, Sam is a pan-African technology journalist, author, entrepreneur, technology business mentor, judge, educationalist, speaker and panelist. He is also the convenor of the popular monthly #TechNight evening event and #StartupEast Awards for startup founders, developers, entrepreneurs, investors, content creators and techies in Africa. Sam takes his time to investigate stories and has covered some of the continent's best and nastiest policies, programs, investors, co-founders, startups and corporations. For over two decades, Sam takes them on, both small and big without fear, favour but with fairness to help build Africa's nascent technology ecosystem. Sam works with various businesses, SMEs and startups that want to enter the East African market or scale across Africa. In his free time he volunteers as a consulting editor and fintech analyst at Business Tech Kenya, a business, technology and data firm publishing reports on business and technology trends, reviews and insights in Kenya. Follow him on X @SamWakoba