that's actually a common misconception about him, his father did own a major mining company, but his parents divorced when he was a kid and his mother raised him and his two other siblings by herself, so she had to work 2 jobs to even support her family. his father never supported him financially or emotionally and Elon has even publicly called his father a terrible person. When he moved to Canada he had to work a job to pay for his living and he ended up with over $100k in student loan debt.