What is Elon Mush brother Kimbal Musk Net Worth in 2024?

Kimbal Musk is the brother of Elon Musk. He is the world's second-richest chef and restaurant owner. He has the nationality of three countries, including the United States, Canada, and South Africa. He is not just the most renowned American but also a well-known chef, entrepreneur, and restaurant owner.

He is well-known for being dedicated to eating in environmentally friendly and long-lasting ways. Kimbal's nonprofit able NGO, Big Green, plants gardens in schools around the United States to promote healthier living. He established the Kitchen Restaurant Group, which provides nutritious food for better living.

He is interested in farming, leisure, technology, hospitality, and entertainment business ventures. For over twenty years, he has worked as an investor and co-founder. His goal is to inspire inventors and promote long-term ideas that will lead to a healthier and happier future. He received the World Economic Forum's Global Social Entrepreneurship Award.

He is also the co-founder of the urban farming company called Square Roots. Let's explore Kimbal Musk's estimated net worth in 2024, income, lifestyle, & many other details.

Kimbal Musk’s Net Worth in 2024

Kimbal Musk's net worth is $500 million in 2024. He contributed to his wealth by investing early in technology firms, working with organizations like Big Green, and co-founding The Kitchen Restaurant Group. He has also invested in sustainable food, causes, and innovative Web3 technologies to demonstrate that he utilizes his money to benefit society.

Sources of Wealth

Investments in Tesla

Elon Musk purchased the most Tesla stock in 2004, and in the same year, Kimbal joined the board of directors. Kimbal has a modest portion of Tesla, which significantly increases his wealth. As of 2023, he bought 172,250 shares of Tesla stock, valued at about $170 million. He has sold about $230 million worth of Tesla stock since the firm went public in 2010.

Other Investments

Along with his employment at Tesla, Kimbal Musk has invested in the food industry. He was instrumental in founding The Kitchen Restaurant Group, a chain of farm-to-table restaurants. He founded Big Green, a foundation that creates school gardens to educate children about healthy food and nutrition. He did this because he was concerned about the environment and enjoyed delicious meals.

Kimbal co-founded Square Roots, a startup that grows food in cities using temperature-controlled shipping containers.

Kimbal Musk Salary: As a member of Tesla Inc., he receives $20,000 annually.

Early Life

Kimbal James Musk was born September 20, 1972, in Pretoria, Transvaal, South Africa. He is the son of Errol Musk, an engineer and entrepreneur. Kimbal has two brothers: Elon and Tosca. He and Lyndon Rive, who helped develop SolarCity, are cousins.

Musk attended Queen's University in Kingston, Ontario, Canada, following high school and resided there with Elon. In 1995, he accumulated a management degree. Musk worked for Scotiabank while still an undergraduate at Queen's.

Career

After relocating to New York, Musk attended the French Culinary Institute. In 2004, he launched The Kitchen, a community cafe in Boulder, Colorado, with Hugo Matheson and his ex-wife Jen Lewin. Many prestigious publications and organizations have called The Kitchen one of the top destinations in the United States. This restaurant also has locations in Denver and Chicago.

Kimbal managed the ad network OneRiot from 2006 until Walmart-Labs acquired it in 2011. In 2011, he planned to build Next Door American Eatery, a fast-food restaurant in downtown Boulder. As of 2019, Next Door American Eatery operated in eleven locations.

Musk assisted the Growe Foundation in planting veggies in Boulder public schools seven years ago. After that, he founded The Kitchen Community, later known as Big Green. Big Green has been helping individuals grow their food for the past twelve years.

He aims to provide garden-based education, garden products and methods that can be scaled up or down, and a community where individuals can help and collaborate. They have established a network of over 700 delightful and lively Learning Gardens nationwide.

Career as an Entrepreneur

In 1994, he started his first firm, College Pro Painters. He assisted Elon Musk in launching Zip2 the same year. This corporation served as an internet directory for news organizations. After much effort, they sold it to Compaq for $307 million when satisfied. He invested the money he acquired from Zip2 in various software and Internet enterprises. He also invested in Musk's X.com venture early on. After merging with PayPal, the company was sold for $1.5 billion.

Controversy

Kimbal Musk's restaurant company closed "permanently" amid the COVID-19 epidemic in 2020. The employees lost the money they had set aside in the Family Fund to aid with personal concerns and challenging times. On the 58th, people claimed that when the restaurants reopened, they did not return the money to the givers.

Later, Musk argued that there was a controversy, claiming that the story had missed crucial details. Food tips can now be contributed to the fund, and the owners will match the amount. The Kitchen Restaurant Group shows diners and owners contribute to the funds. Grants have been distributed, and the group claims suspended and laid-off employees will be considered.

Personal Life

Kimbal Musk lives with his extended family in the United States and enjoys his marriage. He founded his first business, The Kitchen, with his first wife, Jen Lewin.

Despite having two lovely children together, their marriage was short-lived and ended in divorce. Christiana Wyly was already divorced when she married Kimbal in April 2018. She has a child from her previous relationship with Sam Wyly, and Kimbal Musk has another child from his extramarital affair.

Biography

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FAQs

Q. What is Kimbal Musk net worth in 2024?

His net worth in 2024 is estimated at $500 million.

Q. What companies has Kimbal Musk invested in?

Musk has invested in a number of food-related startups, including Square Roots and Everytable, as well as Tesla and Chipotle.

Q. What is the name of Kimbal Musk restaurant?

He is known for his restaurant chain, The Kitchen. It focusses on serving farm-to-table, locally sourced food and aims to positively influence the community.

Q. Where is Kimbal Musk’s house located?

He has multiple houses but is known to have a notable residence in Boulder, Colorado. He has also been associated with properties in Los Angeles and other locations.