The families from which many of today’s billionaires come – including Jeff Bezos, Bill Gates, Elon Musk and Mark Zuckerberg – were once wealthy. In the country, in particular, it is said of such people, who succeeded in life because they had a wealthy family to support them, that they had ‘baloney’. The expression comes from the animal element used to curdle cheese. Some, however, refuse to accept that their success was influenced by family wealth.
Elon Musk once talked about an emerald mine his father owned in Zambia. Then he “forgot” about it.
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“The fake emerald mine is so annoying,” Musk recently tweeted, then suggested it didn’t exist. What’s more, the billionaire called Professor Robert Reich, former Secretary of Labor, a “liar” for writing about it.
The fake emerald mine thing is so annoying (sigh). Like where exactly is this thing anyway!?
– Elon Musk (@elonmusk) January 7, 2023
Elon Musk talked about this mine in 2014 in an interview with Forbes. “This may sound a little crazy, but my dad owned part of an emerald mine in Zambia,” the man who controls Tesla, SpaceX and Twitter said then. That article can no longer be found on the Forbes website, but is available on the Internet Archive.
Also read: Nobel Prize-winning economist: Tesla is like Bitcoin. I wouldn’t even let Elon Musk feed my cat
Jim Clash, the author of the article, who was freelancing at the time, told Snopes that he doesn’t know why the article was removed from the site.
Furthermore, in a 2018 article, Insider wrote that Elon Musk and his brother, Kimbal Musk, secretly took emeralds from their father, which they later sold at a Tiffany & Co. store in New York for several thousand dollars. The two are originally from South Africa. USA Today also wrote about emeralds and Musk.
Elon Musk denies all this probably because he wants to be perceived as a successful man who has made it in life on his own. He recently claimed that he couldn’t afford a second computer on one of his first entrepreneurial projects, Zip2, because of lack of money.



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