SA billionaire divorces second wife
PayPal founder Elon Musk gives his British actress wife $4.2million (R34 million) in divorce... He's nowhere near broke now - his worth is estimated at $2 billion (R16 billion)
It's not a bad sum for the 26-year-old British actress Talulah Riley, considering the marriage lasted just two years.
Musk is paying off his second wife over the course of nine years, TMZ reports.
Musk, a South African who attended the University of Pennsylvania, made his fortune by founding a series of highly successful ventures -- beginning with Zip2, which produced online content publishing software that was purchased in 1999 for nearly $340 million.
Later, for his next venture, Musk helped create PayPal, the online money transfer and payment service. Ebay bought PayPal for $1.2billion in 2002.
He founded Space X later that year -- a outer space exploration company. In 2009, the company launched the first privately owned liquid-fuelled rocket ever to enter space. Space X now has a contract to deliver cargo to the International Space Station that is worth between $1.6billion and $3.1billion.
Musk also founded Tesla Motors, an electric car company that had a $226million initial public offering in 2010.
Musk, who is 41, finalised the divorce with his first wife in 2010. She is Canadian fantasy novelist Justine Musk -- the mother of his two sons.
Talulah Riley was with the billionaire playboy for four years. They were married for two years, but separated after just 10 months of marriage .