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Just came across this wild family saga that really puts things in perspective. So Errol Musk's net worth story is absolutely bonkers - the guy claims his family was so loaded back in the day that they literally couldn't close their safe because there was too much cash stuffed inside. Like, he's telling Business Insider South Africa that young Elon and Kimbal would just casually walk around New York selling emeralds they supposedly got from some Zambia mine. The story goes that teenage Elon once strolled into Tiffany & Co., sold some emeralds for $2k, then watched one of them get marked up to $24k in a ring. Absolutely insane if true.
But here's where it gets interesting - Elon's version of Errol Musk's net worth trajectory tells a completely different story. Back in 2022, he basically called out the whole emerald mine narrative as fiction. Said his father owned an electrical and mechanical engineering business that did okay for a while, but there's zero evidence the mine ever existed. No records, nobody's seen it, nothing. According to Elon, growing up wasn't this lavish picture his dad paints - more like middle to upper-middle class, and honestly pretty unhappy despite the money.
What's really telling is what happened next. Errol Musk's net worth situation apparently deteriorated badly over the decades. So badly that Elon and Kimbal ended up having to financially support their father. Think about that - the guy who claims he had so much wealth he couldn't close his safe is now dependent on his billionaire son. Elon's still doing it too, though he's got conditions attached to make sure his father stays out of trouble.
The contrast is wild. You've got this narrative about overflowing safes and teenage emerald traders on Fifth Avenue, then the reality where Errol Musk's net worth essentially collapsed and he's living off his sons' support. Makes you wonder what actually happened in between. Either way, it's one of those family dynamics that shows money and happiness aren't always connected, and sometimes the wealthiest people have the messiest stories behind closed doors.