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Re:I am excited to welcome Linda Yaccarino as the new CEO of... by warent on Friday May 12, 2023 @01:36PM (#35919340)
This is certainly the image he would love people to have: a humble immigrant from the poor South Africa, hustling his way into the American dream.

The reality is that he is from a wealthy, well-connected, post-apartheid white family. They funded his coming to Canada, the US, University, and getting first business off the ground. The reality is that he has had a silver spoon his entire life.

Re:I am excited to welcome Linda Yaccarino as the new CEO of... by JVillella on Friday May 12, 2023 @01:41PM (#35919430)
Who cares?
Re:I am excited to welcome Linda Yaccarino as the new CEO of... by afavour on Friday May 12, 2023 @01:42PM (#35919458)
Musk certainly does.
Re:I am excited to welcome Linda Yaccarino as the new CEO of... by JVillella on Friday May 12, 2023 @01:46PM (#35919523)
Let me be more specific: why do the people speaking out about his "fortunate" past care so much? As long as it didn't come from something unethical, why does it matter to you?

I don't want read between the lines, but it's hard not to think it's a way for people to feel better about their own accomplishments by saying someone else had a massive head start.

Whether others do or don't, we should all be trying our best, be grateful for what we have, and proud of where we came from.

Re:I am excited to welcome Linda Yaccarino as the new CEO of... by warent on Friday May 12, 2023 @01:55PM (#35919637)
There are at least two big points for people to care about.

The money did come from something unethical--his family was enriched by segregation; racism; apartheid. That emerald money is dirty and is likely a key reason why Elon would deny its existence.

This brings us to the second thing: Elon lying about this. He has demonstrated that he is willing to lie about something this significant, which should do real damage to his credibility and trustworthiness if we are being logical and objective. What else is he willing to lie about?

Re:I am excited to welcome Linda Yaccarino as the new CEO of... by concordDance on Friday May 12, 2023 @02:29PM (#35920205)
The Emerald mine money (whatever small amount it was, likely under $70k given that seems to be the value of the plane he traded for the share) came from Zimbabwe. Its cleaner that Errol's propery money.

And Elon was misleading and disingenuous but could still make a case that he hasn't explicitly lied on these things.

Re:I am excited to welcome Linda Yaccarino as the new CEO of... by 55555 on Friday May 12, 2023 @02:10PM (#35919892)
Is there any business one could have owned in southern Africa as a white person during that period that you wouldn’t rule as tainted and unethical?
Re:I am excited to welcome Linda Yaccarino as the new CEO of... by zassy on Friday May 12, 2023 @05:42PM (#35922825)
Nope, they also conviently leave out that Errol was an anti-apartheid member of a city council and actively tried to abloish Apartheid. If Errol is to be believed, his role in the history of Apartheid is probably the most commendable thing about him.
Re:I am excited to welcome Linda Yaccarino as the new CEO of... by FireBeyond on Friday May 12, 2023 @01:58PM (#35919683)
> As long as it didn't come from something unethical

Ahhh, those historic pillars of morals and ethics, sub-Saharan Africa precious stone mines...

Re:I am excited to welcome Linda Yaccarino as the new CEO of... by skeaker on Friday May 12, 2023 @01:48PM (#35919555)
Not to defend him, but having your parents pay for your education is hardly a rare circumstance. It's not the case for everyone, sure, but it is for plenty of ordinary people. I don't understand why Musk is supposed to be outstanding in this regard.
Re:I am excited to welcome Linda Yaccarino as the new CEO of... by warent on Friday May 12, 2023 @02:00PM (#35919716)
Being born with privilege is not a choice, and so you are right people should not be shamed for that. The problem is something else. Details here https://news.ycombinator.com/item?id=35919637
Re:I am excited to welcome Linda Yaccarino as the new CEO of... by hodgesrm on Friday May 12, 2023 @02:15PM (#35919986)
> Not to defend him, but having your parents pay for your education is hardly a rare circumstance.

This. Parents have worked their tails off to build a better life for their kids for millenia. Calling it a form of privilege seems like a gross misunderstanding of human behavior.

Re:I am excited to welcome Linda Yaccarino as the new CEO of... by xracy on Friday May 12, 2023 @01:54PM (#35919624)
I think the way to take this comment is "He didn't pull himself up by his own bootstraps. And people need to stop pretending like any of his history means that he did."
Re:I am excited to welcome Linda Yaccarino as the new CEO of... by waboremo on Friday May 12, 2023 @02:33PM (#35920271)
He's outstanding because he cannot be honest about the situation. Even his father contradicts Elon's claims. Elon claims he was in 100k debt during schooling, it's revealed he had scholarships and his father paid living expenses. It's revealed his father had involvement with emerald mines, going as far as to state they were regularly sold for upwards of $500 a piece, Elon then claims he doesn't remember anything except seeing a small jewelry box filled with "low quality emeralds".

Do you sense the pattern? It would be as if Paris Hilton went around repeatedly saying she was dirt poor and used her galaxy sized brain to start her own business without any help. People would, obviously and quite reasonably, mock it for its absurdity. Yet when the same happens to Elon Musk, there are endless hysterical defenses ready. As if you are telling a child that Santa isn't real.

Re:I am excited to welcome Linda Yaccarino as the new CEO of... by berkes on Friday May 12, 2023 @01:59PM (#35919689)
Maybe not rare in a very small bubble. That bubble of graduates, for example. But certainly rare given the entire world population. And even rare, within a generic western, white, culture (hardly a fraction goes to university of those, let alone being paid for it by family).
Re:I am excited to welcome Linda Yaccarino as the new CEO of... by sillysaurusx on Friday May 12, 2023 @02:23PM (#35920118)
Hah. Spoken with privilege.

University is far more expensive today than back then, too. Ironically this supports your point in Elon’s case, but today it’s very much not a given that parents can even minimally help their kids get through college. My wife’s couldn’t.

Re:I am excited to welcome Linda Yaccarino as the new CEO of... by throw93 on Friday May 12, 2023 @02:08PM (#35919854)
"having your parents pay for your education is hardly a rare circumstance" - What is your source for this? Why do you think the President wanted to forgive student loan if paying for education was not such a big problem?

Median American household income is $70k before taxes. Do you think this household can afford college tuition and expenses?

Re:I am excited to welcome Linda Yaccarino as the new CEO of... by rayiner on Friday May 12, 2023 @02:17PM (#35920029)
That’s not the median income of households with college-aged kids. On average parents pay over half of tuition and living expenses for children: https://www.bloomberg.com/news/articles/2021-07-23/universit...

It’s fair to say Elon’s family wasn’t poor. But the level of support he got wasn’t any more than the typical journalist who is criticizing him.

Re:I am excited to welcome Linda Yaccarino as the new CEO of... by throw93 on Friday May 12, 2023 @02:42PM (#35920388)
Taking a loan is not the same as able to afford it. 40% of the households with college aged kids earn less than 74k. https://www.statista.com/statistics/782411/parental-income-o...

Also it's insane to compare Elon's family with a Journalist. Elon's father invested $200k for 10% in his first venture while half the journalist earn less than 50k. https://www.bls.gov/ooh/media-and-communication/reporters-co...

Re:I am excited to welcome Linda Yaccarino as the new CEO of... by rayiner on Friday May 12, 2023 @05:29PM (#35922660)
And the median family income of a U Penn undergraduate is almost $200,000 annually. Heck at Georgia Tech, where I went, it’s $130,000, and almost 1/4 of the students come from the top 5%. To put it another way—Musk’s level of family support is hardly unusual compared to that of the thousands of engineers who work for him.

Journalism at the national level is extremely competitive, and draws from a highly credentialed talent pool. The reason people with such credentials pursue such a low paying job is because their families are often quite affluent—they are often doctors, lawyers, etc.

Re:I am excited to welcome Linda Yaccarino as the new CEO of... by reaperducer on Friday May 12, 2023 @02:06PM (#35919822)
but having your parents pay for your education is hardly a rare circumstance.

Having your father pay for Wharton Business School isn't the same thing as having your father pay for the College of New Jersey.

Re:I am excited to welcome Linda Yaccarino as the new CEO of... by concordDance on Friday May 12, 2023 @02:31PM (#35920234)
His father claims to have given $115k to his two sons, with the rest being them working and getting student loans.
Re:I am excited to welcome Linda Yaccarino as the new CEO of... by Barrin92 on Friday May 12, 2023 @02:12PM (#35919929)
Two thirds of Americans don't have a college degree. The most common professions in the country are clerk, cashier, food prep worker and truck driver. If your parents were able to pay for your university education you probably grew up at the upper end of the upper middle class, which is already a very lucky position to be in.

Ordinary people make about 35k per year, half make less. They're not paying for an expensive college education.

Re:I am excited to welcome Linda Yaccarino as the new CEO of... by eecc on Friday May 12, 2023 @01:58PM (#35919673)
Yeah, and you had an authoctonous whose family bankrolled him all the way up to the White House and all you got was the Second Gulf War! And daddy’s boy even managed to drive into the ground all the businesses that he laid out for him to manage. Musk’s track record is at least better than that
Re:I am excited to welcome Linda Yaccarino as the new CEO of... by mensetmanusman on Friday May 12, 2023 @02:02PM (#35919745)
People will a silver spoon their entire life usually don’t end up well. It’s why wealth typically leaves a family after only three generations.
Re:I am excited to welcome Linda Yaccarino as the new CEO of... by concordDance on Friday May 12, 2023 @02:40PM (#35920362)
This is bullshit.

There is no evidence his family was wealthy by American standards. Errol has claimed in the interview with the Sun to have helped his sons at uni to the tune of $115k and gave them a $28k loan (as part of a $200k round of seed funding) for their first business. The only sources on the emerald mine are the Musks, where the claim is they acquired a share of an informal mine by trading in a small plane they owned (likely a $70k Cessna). Errol Musk went bust in the 90s and there's no evidence of any other family wealth flowing to Elon.

There is no evidence they had any useful connections to speak of and no evidence any family gave more than a fraction of his uni (half of $115k) and business ($28k) funding.

People endlessly repeat random rumors they've heard which grow in the telling. People should go read the original sources wherever possible, such as the Sun article: https://www.thesun.co.uk/news/22104496/elon-musks-dad-errol-...