(Reuters) – Tesla (NASDAQ:) shareholders will vote on June 13 to ratify CEO Elon Musk’s $56 billion compensation package, which was invalidated in January by a Delaware judge. Re-elections of executives, including Musk’s younger brother Kimbal, are also looming. He usually poses in a cowboy hat. Kimbal’s biography on Tesla’s website says he is an entrepreneur, activist and chef.
HERE ARE SOME FACTS ABOUT HIM:
* Born a year after Elon Musk, Kimbal grew up in South Africa with his brother before moving to Canada to pursue business studies at Queen’s University. He turns 52 this year.
* According to Forbes, his net worth in 2021 was estimated at $700 million. He owns nearly 2 million shares of Tesla, worth about $348.7 million, according to filings with the company’s attorney and Thursday’s closing price.
* According to Tesla’s latest proxy statement, Kimbal Musk was a director of SpaceX from 2002, when it was founded, until January 2022. From 2013 to 2019, he served on the board of Chipotle Mexican Grill (NYSE:)
* One of the brothers’ first business partners was Zip2 Corp, an enterprise software company they co-founded in 1995. According to the New York Times, it was acquired by Compaq for $307 million and then merged with Yahoo Maps in 2007. 1999.
*Kimbal also invested in X.com, his brother’s online financial services company, which merged with PayPal (NASDAQ:).
* A graduate of the French Culinary Institute in New York, in 2004 he co-founded The Kitchen Restaurant Group, which has restaurants throughout the United States. He is also the author of “The Kitchen Cookbook: Cooking for Your Community.”
* In 2010, Kimbal became executive director of Big Green, a nonprofit organization that creates educational gardens in schools across the United States. In 2022, he launched Nova Sky Stories, a drone lithe show company with 9,000 lightweight drones.
* In 2016, he co-founded the Square Roots indoor growing platform.
* In 2010, at the age of 37, he broke his neck while skiing, which resulted in many months of hospitalization. According to media reports, he called it a “near-death experience.”
