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

Sam Wakoba by Sam Wakoba
7 years ago
in Business
3 min read
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Elon Musk

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.

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Sam Wakoba

Sam Wakoba

Taking you on tour through Africa's tech ecosystem, one startup at a time! [email protected]

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