The Musk Family Money Drama: From Emerald Mine Myths to Supporting Dad

Here’s a wild family saga that screams “rich people problems.”

The Setup: Elon’s dad Errol once claimed the family had so much cash they literally couldn’t close their safe. Money would stick out, they’d just grab handfuls and shove it in their pockets. Peak flex, right? He even bragged that teenage Elon casually sold emeralds on Fifth Avenue—one for $2K that later showed up in a Tiffany ring marked at $24K.

Plot Twist: Fast forward to 2022, and Elon drops a tweet basically calling his father’s stories BS. He claims:

• The emerald mine? “No objective evidence it ever existed”
• His inheritance? Zero. Nada. “No large financial gifts”
• Reality check: Dad’s electrical engineering business eventually tanked, and now Elon and his brother are footing the bills

The Irony: A guy who grew up supposedly swimming in emeralds is now bankrolled by his billionaire son—with strings attached (Errol has to stay out of “bad behavior”).

Bottom Line: Two completely different narratives. Either Errol’s memory is creative AF, or Elon’s downplaying his privilege. Either way, it’s proof that even billionaire origin stories don’t always add up. Make of that what you will.