Connect with us

Hi, what are you looking for?

Economy

Who is the mysterious Hungarian businessman behind Elon Musk’s billionaire business?

Who is the mysterious Hungarian businessman behind Elon Musk's billionaire business?

The acquisition of Twitter, the latest mega-business by the world’s richest man, Elon Musk, may be the name of a Hungarian businessman with German citizenship. The Bloomberg Alexandre introduced Tamast in his last article, about which not much can be known, but he will certainly play in the higher league as a consultant.

Dubai’s Tamas investment firm, Vy Capital, is one of Musk’s acquisition funders. As is known, the billionaire businessman collected $44 billion in various subsidies for the purchase of Twitter, but in recent weeks he has been threatening to simply retreat.

The $6.25 billion borrowing facility backed by Tesla stock has expired.

According to Bloomberg, Vy Capital, which does not have an address or other contact information on its website, entered the business for $700 million. By the way, the company itself went into the billionaire club almost out of nowhere, and its investment is already estimated at more than 5 billion dollars.

96159900 MUNICH, GERMANY - JANUARY 25: Alexander Tamas presents the Digital Living Design (DLD) Conference at the HVB Forum on January 25, 2010 in Munich, Germany.  DLD brings together global leaders and innovators from the digital world.  (Photo by Johannes Simon/Getty Images for Hubert Borda Media)
Photo: Johannes Simon/Getty Images for Hubert Borda Media

By the way, this is not the first such deal for Alexander. The newspaper noted that it was previously happy to play a role in helping large investors. Before founding Vy, for example, he worked alongside Russian-Israeli billionaire Yuri Milner. He is also an investor in Musk’s other affiliate, SpaceX.

There’s just no merging here: the son of one of Vy’s analysts, Benjamin Birchall Musk’s senior advisor, Jared Birchall.

Sep 03, 2020, Brandenburg, Grunheide: Elon Musk, President of Tesla, runs to Tesla at the Tesla Gigafactory construction site.  In Grünheide near Berlin, a maximum of 500,000 vehicles per year will be rolled off the assembly line starting in July 2021. According to the car manufacturer's plans, the cap should be reached as soon as possible.  Photo: Julian Stähle / dpa-Zentralbild / dpa Julian Stähle / dpa-Zentralbild / dpa Picture-Alliance via AFP
Photo: Julian Stähle/dpa Picture-Alliance via AFP

Anyway, it can be said that Tamas is obscure because it was never published. Created in 2009 Twitter page, but he does not even comment. He also previously worked at Goldman Sachs, According to Bloomberg, former colleagues described it as a superhuman computer. He built his reputation as one of the first to see potential on Facebook and, as early as 2009, urged them to invest as much as possible in the company.

He operates mainly from Dubai, but his company also has an office in the San Francisco area. He also works as an advisor on the ruling team in Dubai.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Top News

In a harrowing incident that has shaken the community of Lewiston, Maine, a series of shootings on Wednesday evening resulted in a tragic loss...

Top News

President Joe Biden’s abrupt departure from a speech on the U.S. economy at the White House on Monday sent a ripple of speculation and...

Top News

Given the differences in styles with next-generation consoles, the so-called “console war” between Sony and Microsoft is arguably moot. Most console players, however, will...

World

Chinese scientists have discovered a little-known type of ore containing a rare earth metal highly sought after for its superconducting properties. The ore, called...

Copyright © 2024 Campus Lately.