Errol Musk was one of several investors, and in any case the vast majority of people aren’t in a position to have their parents invest $28 000 (nearly $60 000 today) in an uncertain business venture.
> Musk was the richest man in the world when he acquired x.com. He didn't need family connections for that.
Source? Zip2’s sale only brought in $300 million. That’s not richest man in the world stuff.
You edited your comment to remove the bit about living in youth hostels and working menial jobs, this was my reply to it:
A rite of passage. It was quite common for upper middle class and wealthy South African kids to spend a year working menial jobs and living in hostels as a way to build character and find themselves.
I know, personally, people who worked in tree clearing in Canada, picking fruit in Australia, manual labour at ski resorts in New England, and living in youth hostels all before going to university to start the courses their parents were paying full tuition fees for. All of the people I mentioned are doing well in their careers, because none were actually poor despite working manual labour jobs for a year.