Tesla (NASDAQ:) shareholders are set to vote on June 13 to approve CEO Elon Musk’s $56 billion compensation package, which was invalidated by a Delaware judge in January. Upcoming events also include the re-election of board members, among them Kimbal Musk, Elon Musk’s younger sibling. Known for his signature cowboy hat, Kimbal Musk’s profile on the Tesla website describes him as an entrepreneur, advocate, and chef.
SOME KEY DETAILS ABOUT HIM INCLUDE:
* Kimbal Musk, who was born a year later than Elon Musk, spent his early years in South Africa with his brother before migrating to Canada to earn a business degree from Queen’s University. He celebrates his 52nd birthday this year.
* Forbes appraised his net worth to be $700 million in 2021. He is the owner of almost 2 million Tesla shares, valuing approximately $348.7 million, based on the company’s proxy filing and the closing stock price on Thursday.
* From 2002, when SpaceX was established, to January 2022, Kimbal Musk served as a director, according to Tesla’s most recent proxy filing. He was also a board member of Chipotle Mexican Grill (NYSE:) from 2013 to 2019.
* One of the Musk brothers’ early business ventures was the Zip2 Corp, an internet enterprise software company they co-established in 1995. It was purchased by Compaq for a reported $307 million, as per the New York Times, and was integrated into Yahoo Maps in 1999.
* Kimbal also invested in X.com, Elon’s online financial services company, which later merged with PayPal (NASDAQ:).
* After graduating from the French Culinary Institute in New York City, he co-launched The Kitchen Restaurant Group in 2004, which owns eateries across the United States. He has also written “The Kitchen Cookbook: Cooking for Your Community”.
* In 2010, Kimbal took on the role of executive director of Big Green, a non-profit that creates learning gardens in schools throughout the U.S. In 2022, he started a drone light show company, Nova Sky Stories, which operates 9,000 light drones.
* In 2016, he co-established an indoor farming platform, Square Roots.
* He had a “near-death experience” in 2010 when he broke his neck while skiing at 37 years old, which resulted in months of hospitalization, according to news reports.
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