Kimbal Musk Explained

Kimbal Musk
Birth Name:Kimbal James Musk
Birth Date:20 September 1972
Birth Place:Pretoria, Transvaal, South Africa
Nationality:South Africa, Canada, United States[1]
Alma Mater:Queen's University (1995)
Children:3
Mother:Maye Musk
Father:Errol Musk
Relatives:

Kimbal James Musk (born 20 September 1972) is a South African restaurateur, chef, and entrepreneur. He owns The Kitchen Restaurant Group, a collection of restaurants located in Colorado and Chicago.[2] He is the co-founder and chairman of Big Green, a 501(c)(3) nonprofit that has built hundreds of outdoor classrooms called Learning Gardens in schoolyards across the United States.[3] [4] [5] Musk is also the co-founder and chairman of Square Roots, an urban farming company growing food in hydroponic, indoor, climate controlled shipping containers.[6] [7] [8] Musk currently sits on the boards of Tesla Inc. and SpaceX, both of which his brother Elon is the current CEO.[9] He was on the board of Chipotle Mexican Grill[10] from 2013 to 2019.[11] He is the brother of Tosca Musk, son of Errol and Maye Musk, and a major shareholder in Tesla.[12]

In 1995 he co-founded, with his brother, Elon Musk, the software company Zip2, which was acquired by Compaq for $307 million in 1999.

Early life

Musk grew up with his brother Elon, sister Tosca, and many cousins. His mother, Maye Musk, is a model and dietitian born in Saskatchewan, Canada, and raised in South Africa.[13] [14] [15] His father, Errol Musk, is a South African electromechanical engineer, pilot, sailor, consultant, emerald dealer, and property developer, who partly owned a rental lodge at the Timbavati Private Nature Reserve.[16] [17] [18] [19] After finishing high school in Pretoria, South Africa, Musk left to meet his brother in Kingston, Ontario, Canada, and enrolled at Queen's University to pursue a degree in business. While in school, Musk first worked at Scotiabank. He graduated with his degree from Queen's University in 1995.[20]

Business career

Musk's first venture was a residential painting business with College Pro Painters in 1994, the same year he and his elder brother, Elon, started their second company, Zip2. Zip2 was an online city guide that provided content for the new online versions of The New York Times and the Chicago Tribune newspapers. The company was sold in 1999 to Compaq for $307 million.

After selling Zip2, Musk invested in several young software and technology companies. Musk was an early investor in his brother's venture X.com, an online financial services and email payments company. X.com merged with PayPal, which in October 2002 was acquired by eBay for $1.5 billion in stock.[21]

While Elon stayed in California, Kimbal moved to New York[22] and enrolled into the French Culinary Institute in New York City. In April 2004, Musk opened The Kitchen, a community bistro in Boulder, Colorado with Jen Lewin and Hugo Matheson.[23] In addition to its flagship restaurant in Boulder, The Kitchen has locations in downtown Denver[24] [25] and Chicago.[26]

From 2006 to 2011, Musk served as the CEO of OneRiot, an advertising network. In September 2011, Walmart-Labs acquired OneRiot for an undisclosed purchase price.[27]

In 2011, Next Door American Eatery opened in downtown Boulder as a fast casual American eatery. Next Door American Eatery is a growing restaurant concept with ten locations as of 2019.[28] [29] [30]

After seven years of supporting the Growe Foundation to plant school gardens in the Boulder community,[31] in 2011 Musk and Matheson established Big Green[32] (originally named The Kitchen Community), a 501c3 nonprofit to help connect kids to real food by creating dynamic Learning Garden classrooms in schools across America. Learning Gardens teach children an understanding of food, healthy eating, lifestyle choices and environment through lesson plans and activities that tie into existing school curriculum, such as math, science, and literacy.[33]

Each of The Kitchen restaurants donates a percentage of sales to help plant Learning Gardens in its local community.[34] In 2012, Big Green built 26 gardens in Colorado, 16 in Chicago, and 12 more around the USA.[35]

In December 2012, Chicago Mayor Rahm Emanuel handed Musk's nonprofit $1 million to install 80 Learning Gardens in Chicago city schools.[35] On 2 February 2015, The Kitchen Community celebrated its 200th Learning Garden build at Camino Nuevo Charter Academy, a high school in Los Angeles Unified School District which also marked the District's first SEEDS Project.[36]

By the end of 2015, four years after its founding, The Kitchen Community had built 260 Learning Gardens across Chicago, Denver, Los Angeles and Memphis.[37] In 2016, Musk co-founded Square Roots, an urban farming company that grows organic food in shipping containers. The company formed a partnership with Gordon Food Services (GFS) to expand outside of NYC. In January 2018, The Kitchen Community (TKC), expanded into a national nonprofit called Big Green[5] and announced its seventh city, Detroit, to build outdoor Learning Garden classrooms in 100 schools across the Motor City.[38] As of 2019, Big Green is in seven American cities with nearly 600 schools across its network impacting over 300,000 students every day. Musk and Big Green have established Plant a Seed Day, an international holiday.

Musk has been profiled in major publications such as The New York Times,[39] CNN,[40] The Wall Street Journal,[41] Fast Company,[42] WIRED,[43] Chicago Sun Times,[44] CBS News, Business Insider,[45] Entrepreneur Magazine,[46] Musk was named a Global Social Entrepreneur of the Year 2018 by the World Economic Forum.[47] [48]

Musk faced scrutiny in 2020 after changing his Next Door's Family Fund program in the middle of the coronavirus pandemic. The fund was originally set up to help employees during an emergency situation. Contributions came from employees of Next Door.[49]

On 9 February 2021,[50] Musk sold 30,000 shares of Tesla, Inc. worth $25,604,000.[51] On 24 February 2022, it was reported that the SEC was investigating Musk for possible insider trading violations after he sold 88,500 shares of Tesla valued at $108,000,000 one day before his brother put out a poll on Twitter asking if he should sell 10% of his Tesla shares. As a result of that poll, Elon Musk sold billions of dollars of Tesla shares and the stock price sank.[52]

TV Cameos

Musk has featured on several television shows, including “Risk Takers” (2011), “60 Minutes” (2014), “Chelsea” (2016), “Couple Thinkers” (2017), “Megyn Kelly Today” (2018), “Today” (2019), “Chopped” (2019), and “To Dine For with Kate Sullivan” (2021).[53]

Personal life

Musk married Jen Lewin, with whom he established The Kitchen. The couple had two children together. They later divorced. He lives in Boulder, Colorado.[54] In April 2018, he married Christiana Wyly, an environmental activist and the daughter of ex-billionaire Sam Wyly.[55]

Musk also has a daughter from another relationship.[56]

Controversy

Kimbal Musk's restaurant group collected funds (called the Family Fund) from employees to cover hardships and personal emergencies, but during the COVID-19 pandemic of 2020, the restaurants closed "permanently" and the employees were locked out of the funds they had contributed to.[57] Later, the restaurants reopened but reportedly did not restore the fund to those who contributed.[58] [59] Musk later disputed reports of the controversy, citing lack of facts by journalists. The Kitchen Restaurant Group reports the fund now receives contributions from owners and customers; as tips for take-out orders are rerouted to the fund and then matched by the owners. The group also reports that grants have been awarded and both furloughed and laid-off workers will be considered in future.[60]

Notes and References

  1. 1279450756131610625. Mayemusk. Happy 4th of July! From four happy Americans . 4 July 2020.
  2. News: Kimbal Reeve Musk to open restaurant on Mass Ave.. Indianapolis Star. 2017-07-31. en.
  3. News: Why every child deserves a learning garden. MNN - Mother Nature Network. 2017-07-31. en.
  4. News: Padden. Caroline. Learning Gardens: Connecting Kids to Real Food. 5280 Magazine. October 29, 2012. June 6, 2013. https://web.archive.org/web/20131111234216/http://www.5280.com/blogs/2012/10/29/learning-gardens-connecting-kids-real-food. November 11, 2013. dead.
  5. News: Kimbal Musk — Elon's brother — is leading a $25 million mission to fix food in schools across the US. Business Insider. 2018-01-17. en.
  6. News: Kimbal Musk launches a revolutionary shipping container farm initiative in Brooklyn. Lauren. Jennifer. January 27, 2017. Inhabitat Magazine.
  7. News: Elon Musk's brother is building vertical farms in shipping containers. Garfield. Leanna. August 23, 2016. Business Insider.
  8. News: Elon Musk's Brother to Launch an Urban Farming Accelerator in Brooklyn. Scott. Bartie. August 23, 2016. Inc Magazine. https://web.archive.org/web/20180311051502/https://www.inc.com/bartie-scott/kimbal-musk-urban-farming-accelerator-square-roots.html. 2018-03-11. dead.
  9. Web site: Kimbal Musk Board of Directors Tesla, Inc.. 2020-09-02. ir.tesla.com. en.
  10. News: Chipotle Mexican Grill names Kimbal Musk to board. Denver Post. August 29, 2013.
  11. Web site: Kimbal Musk is stepping down from Chipotle's board. Fitzgerald. Maggie. 2019-03-14. CNBC. 2019-04-10.
  12. http://www.nasdaq.com/symbol/tsla/ownership-summary Musk profile
  13. , discussion of his family starts around the 15th minute
  14. News: 11 Things to Know About Stunning 69-Year-Old Model Maye Musk. Vargas. Chanel. March 6, 2018. Town & Country. March 25, 2020. March 7, 2018. https://web.archive.org/web/20180307023138/https://www.townandcountrymag.com/style/a18205769/maye-musk-facts/. live.
  15. News: Usborne. Simon. Meet the Musks: who's who in Elon's extended family?. February 21, 2018. The Guardian. March 25, 2020. 0261-3077. May 27, 2020. https://web.archive.org/web/20200527001143/https://www.theguardian.com/technology/shortcuts/2018/feb/21/meet-elon-musk-family. live.
  16. Book: Isaacson . Walter . Walter Isaacson . Elon Musk . September 12, 2023 . . 978-1-982181-28-4 . 23 . Elon Musk (Isaacson book).
  17. News: Hull . Dana . May . Patrick . Exploring the otherworldly ambitions of Elon Musk. October 24, 2021. The Buffalo News. https://web.archive.org/web/20220926055648/https://buffalonews.com/business/local/exploring-the-otherworldly-ambitions-of-elon-musk/article_2fc57479-93eb-5016-b724-016b48a4f4f3.html. September 26, 2022. live.
  18. Friend. Tad. August 17, 2009. Plugged In. The New Yorker. live. https://web.archive.org/web/20220308155550/https://www.newyorker.com/magazine/2009/08/24/plugged-in . March 8, 2022.
  19. News: Smith. Adam. 50 years of Elon Musk's huge wealth, from emeralds to SpaceX and Tesla. December 20, 2021. The Independent. June 28, 2021. https://web.archive.org/web/20211125034322/https://www.independent.co.uk/life-style/gadgets-and-tech/elon-musk-birthday-ceo-tesla-b1874017.html. November 25, 2021. live. teenage.
  20. Web site: Success Stories: Queen's Business Consulting: A Tale of Two Consultants. Queen's University School of Business. December 23, 2012.
  21. Web site: eBay picks up PayPal for $1.5 billion. July 8, 2002. Margaret Kane. CNET. December 23, 2012.
  22. News: Dot-Com Chef Meets Burning Man. May 22, 2009. Sara Lin. Wall Street Journal. December 23, 2012.
  23. Web site: Marinated Pork Chops with Herb Salsa. Hugo Matheson & Kimbal Musk. Food & Wine. December 23, 2012.
  24. Web site: Kimbal Musk, owner of The Kitchen restaurants in Colorado, talks food. Brown. Douglas J. . 2013-08-28. The Denver Post. en-US. 2019-04-10.
  25. Web site: The Denver Post. The Denver Post. 10 April 2019 . en-US. 2019-04-10.
  26. Web site: Brother of Tesla founder to open Chicago restaurant. 2014-01-21. Crain's Chicago Business. en. 2019-04-10.
  27. News: Rao. Leena. Walmart Acquires Mobile And Social Ad Targeting Startup OneRiot. TechCrunch. September 13, 2011.
  28. Web site: Next Door Eatery. www.nextdooreatery.com. en. 2019-04-10. 2019-04-10. https://web.archive.org/web/20190410165150/https://www.nextdooreatery.com/. dead.
  29. Web site: Tobias. Ruth. Now Open: The Kitchen Next Door. Zagat.com. Zagat. 25 February 2014.
  30. News: Zeppelin. Andra. The Kitchen Next Door now open at Union Station. 24 July 2014. Eater. 24 July 2014.
  31. News: Greenhalgh. Tracy. The Kitchen Community: Creating Gardens for Kids. Boulder's Best. November 17, 2011. June 6, 2013. July 23, 2012. https://web.archive.org/web/20120723092604/http://www.boulder.com/column-story/Boulders-Best/The-Kitchen-Community/182. dead.
  32. Web site: Kimbal Musk's garden dream is growing. MNN - Mother Nature Network. en. 2019-04-10.
  33. News: Stoler. Felicia D. Stoler. Learning Gardens Sprouting Up Across America. FOX News. December 14, 2011.
  34. Web site: Community Through Food. The Kitchen Community. June 20, 2014. April 5, 2016. https://web.archive.org/web/20160401093623/https://thekitchencommunity.org/. April 1, 2016. dead.
  35. News: Brown. Douglas. Digest: Gordon Ramsey's Kitchen Nightmares to Denver, Strings holds auction. The Denver Post. April 24, 2013.
  36. Web site: EVENT: 200th Learning Garden Ribbon Cutting Ceremony. thekitchencommunity.org. April 7, 2015. https://web.archive.org/web/20150411115844/https://thekitchencommunity.org/200/. April 11, 2015. dead.
  37. Web site: The Kitchen Community's Learning Gardens Take Root. 5280.com. December 28, 2015. https://web.archive.org/web/20160106074343/http://www.5280.com/eatanddrink/digital/2015/10/kitchen-communitys-learning-gardens-take-root. January 6, 2016. dead.
  38. News: National nonprofit aims to put gardens in 100 Detroit schools. 2018-01-16. Crain's Detroit Business. 2018-01-17.
  39. News: Kimbal Musk Wants to Feed America, Silicon Valley-Style. Severson. Kim. 2017-10-16. The New York Times. 2019-05-09. en-US. 0362-4331.
  40. Web site: This Musk is leading a food revolution. Alesci. Cristina. 2015-09-03. CNNMoney. 2019-05-09.
  41. News: Kimbal Musk Says Food is the New Internet. Cheshes. Jay. 2017-05-25. Wall Street Journal. 2019-05-09. en-US. 0099-9660.
  42. Web site: Meet The (Other) Musk Brother, Who Wants To Change The World Of Food. Peters. Adele. 2015-11-02. Fast Company. en-US. 2019-05-09.
  43. The Musk Who Wants to Change the Way We Eat. Levy. Steven. 2015-05-05. Wired. 2019-05-09. 1059-1028.
  44. Web site: Billionaire Kimbal Musk on CPS learning gardens: 'Real food is a human right'. Chicago Sun-Times. 24 April 2018 . en. 2019-05-09.
  45. Web site: Kimbal Musk tells us how traumatic experiences helped shape his food empire. Ciolli. Jacqui Frank, Kara Chin, Joe. Business Insider. 2019-05-09.
  46. Web site: The Farm-to-Table Founding Fathers. Schoenfeld. Bruce. 2011-09-21. Entrepreneur. en. 2019-05-09.
  47. Web site: Awardees. Schwab Foundation for Social Entrepreneurship. 2019-05-09.
  48. Web site: Our food system is bust. This innovative three-step plan could fix it. World Economic Forum. 29 March 2017 . 2019-05-09.
  49. Web site: Peck . Emily . Elon Musk's Billionaire Brother Told His Workers They Were Family. Until COVID-19 Hit. . 7 April 2020 . HuffPost . 8 April 2020.
  50. https://finance.yahoo.com/screener/insider/MUSK%20KIMBAL%20J
  51. Pound, Jesse, (2021) https://www.cnbc.com/2021/02/11/kimbal-musk-sells-25-million-worth-of-tesla-shares.html CNBC. Retrieved 9 March 2021.
  52. Web site: Michaels . Dave . SEC Probes Trading by Elon Musk and Brother in Wake of Tesla CEO’s Sales . The Wall Street Journal . 2022-02-24 . subscription.
  53. Web site: Frank . Ben . 2024-06-21 . Kimbal Musk :A Detailed Biography . 2024-06-26 . www.hsranews.com.
  54. News: Husted: Kimbal Musk, restaurateur and brother of rocketman Elon Musk (Slideshow). June 29, 2015. Bizjournals. June 29, 2017.
  55. News: Gubbins. Teresa. April 9, 2018. Kimbal Musk and Wyly heiress celebrate wedding at Dallas restaurant. CultureMap. April 9, 2018.
  56. Web site: A Tale of Two Kitchens . 17 September 2018 .
  57. Web site: 2020-04-07. Elon Musk's Billionaire Brother Told His Workers They Were Family. Until COVID-19 Hit.. 2021-11-15. HuffPost. en.
  58. Web site: Orr. Susan. Musk restaurant group reverses course, plans to reopen Next Door Eatery in SoBro. 2021-11-15. Indianapolis Business Journal. 4 June 2021 . en-US.
  59. Web site: 2020-04-08. Employees at Crosstown restaurant owned by Kimbal Musk wonder where emergency fund is. 2021-11-15. WREG.com. en-US.
  60. Web site: 2020-04-13. Kimbal Musk defends employee support fund, pushes back on HuffPo story. 2021-11-15. Boulder Daily Camera. en-US.