Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
Just stumbled on one of the wildest family wealth stories in tech, and honestly it's been bugging me all day.
So here's the thing: Elon Musk's father, Errol Musk, tells this absolutely bonkers story about their family being so loaded back in the day that they literally couldn't close their safe. Like, they'd have to hold cash in place while someone slammed the door, and money would still be sticking out everywhere. According to Errol, teenage Elon and his brother Kimbal were casually walking into Tiffany & Co. with emeralds from their family's alleged Zambian mine, selling them for thousands.
One story that stuck with me: young Elon supposedly walked into Tiffany with emeralds, sold two for $2,000, then came back later to find one of them in a ring marked up to $24,000. That's the kind of wealth flex that sounds almost fictional.
But here's where it gets interesting. Elon Musk himself completely pushes back on this narrative. In a 2022 tweet, he basically said none of it happened the way his father describes it. No emerald mine records exist. No inheritance. No massive financial gifts. He grew up middle-class transitioning to upper-middle class, but it wasn't some money-overflowing paradise his father claims.
According to Elon, his father's engineering business eventually struggled, and for the past couple of decades, both Elon and Kimbal have actually been supporting their father financially. Conditional support, mind you.
So we've got this fascinating contradiction: one version where money was so abundant they couldn't even manage it, versus another where Elon Musk's father eventually needed his billionaire son to pay the bills. The emerald mine story? Elon says there's zero objective evidence it ever existed.
It's a reminder that even in families with extraordinary wealth and success, the narrative around money can be completely different depending on who's telling the story. Elon Musk's father paints one picture, but the tech mogul himself offers a starkly different account of their financial past.
Wild how the same family history can have two totally opposite versions, right?