Who is Kimbal Musk, the Tesla director in cowboy hat?
Business
Who is Kimbal Musk, the Tesla director in cowboy hat?
(Reuters) - Tesla new shareholders will vote on June 13 to ratify CEO Elon Musk's $56 billion pay package that was voided by a Delaware judge in January. Also coming up is the re-election of directors, including Musk's younger brother, Kimbal.
Usually seen posing in a cowboy hat, Kimbal's bio on the Tesla website says he is an entrepreneur, activist and a chef.
HERE ARE A FEW FACTS ABOUT HIM:
* Born a year after Elon Musk, Kimbal grew up in South Africa with his brother before moving to Canada to pursue a business degree at Queen's University. He turns 52 this year.
* His net worth was estimated, opens new tab to be $700 million in 2021, according to Forbes. He owns nearly 2 million shares of Tesla, worth about $348.7 million, according to the company's proxy filing, opens new tab and the closing share price on Thursday.
* Kimbal Musk was a director of SpaceX from 2002, when it was founded, to January 2022, according to Tesla's latest proxy filing. He served on Chipotle Mexican Grill's (CMG.N), opens new tab board between 2013 and 2019.
* One of the early business collaborations between the brothers was internet enterprise software firm Zip2 Corp, which they co-founded in 1995. It was acquired by Compaq for a reported, opens new tab $307 million, according to the New York Times, and merged into Yahoo Maps in 1999.
* Kimbal had also invested in his brother's online financial services firm X.com, which merged with PayPal.
* A graduate of the French Culinary Institute in New York City, he co-founded The Kitchen Restaurant Group in 2004 that has restaurants across the United States. He is also the author of "The Kitchen Cookbook: Cooking for Your Community".
Toyota’s global sales and production in April fell from a year earlier, due to drops in China and Japan.
* In 2010, Kimbal became the executive director of Big Green, a non-profit organization that creates learning gardens in schools across the US In 2022, he launched a drone light shows company, Nova Sky Stories, with 9,000 light drones.
* He co-founded an indoor farming platform Square Roots in 2016.
* In 2010 he broke his neck, opens new tab while skiing at the age of 37 that left him hospitalized for months. He called it a "near death experience", according to media reports
