Trevor Milton is an American billionaire entrepreneur who is mostly known for being the co-founder and the former executive chairman of the hydrogen-electric truck maker company, “Nikola Corporation”. Milton founded the company back in 2014 to build semi-trucks powered by batteries and hydrogen which raised over $600 million from investors. In June 2020, the company merged with listed firm VectoIQ, now called Nikola Corp.
Forbes placed him on the World Billionaire’s list, estimating his net worth to be $3.3 billion, based on his previous status as the company’s executive chairman. His net worth was largely derived from his ownership of 25% of the firm, which was estimated at $12.4 billion at the beginning of September 2020.
However, after working for the company for over 6 years and making it a landmark, Miton resigned, which was followed by claims and charges that he made false statements and considered Nikola Motor Company to be a fraud for several years. In addition, he is popular on social media, with about 106k followers on Twitter: @nikolatrevor.
Trevor Milton is well-known for what he does.
As an American billionaire entrepreneur, he is well-known.
He is best known as the co-founder and former executive chairman of the “Nikola Corporation” in the United States.
Trevor Milton is from where?
Trevor Milton was born in Houston, Texas, in the United States on April 6, 1981. Trevor Milton is his given name. His nationality is American. His race is White, and his zodiac sign is Pisces.
Trevor Milton is the son of Bill Milton (father) and Saily Milton (mother) (mother). Trevor’s father is a former Union Pacific Railroad boss, and his mother was a real estate agent who died of cancer when Trevor was just 15 years old. Travis is one of his three sisters and brother. He grew up in a Mormon family in Los Vegas. His family moved to Utah when he was eight years old, where he completed his education. He belongs to The Church of Jesus Christ of Latter-day Saints.
He went on an 18-month church mission to Brazil after graduating high school, where he studied Portuguese. He was a very imaginative boy who was always ready to learn new stuff. He went to Utah Valley State University for his first semester and then left to pursue a career in sales and marketing. His father was supportive of his life-altering decision. He also worked for St. George Defense and Alarm for a year before leaving.
Highlights of Trevor Milton’s Career: Nikola Corporation
Trevor Milton began his professional career as a business owner in 2001, when he established an alarm sales company.
His exit payout was “much smaller” than the $300,000 he was paid when he left the company, according to his business partner.
Then he started an online classified advertising website to sell used cars, but it was a big failure for him.
He continued his business career by founding diHybrid Incorporation, an alternative energy vehicle company.
After signing a truck-conversion contract with Swift Transportation in 2012, his company made a significant profit.
In 2014, he sold his business to Worthington Industries.
Milton rose to prominence after he and his brother, Travis, co-founded Nikola Motor Company in 2015.
He served as executive chairman of the company from its inception until 2020, when he resigned.
He also owns 25% of his co-founded business and has been named to Forbe’s World Billionaire’s List 2020.
After Hindenburg Research released a study accusing him of making false claims and finding Nikola Motor Company to be a scam for several years, he resigned as executive chairman of the company on September 20, 2020.
His company had formed relations with General Motors before he was accused by Hindenburg Research. However, after Hindenburg Research’s allegation survey, his company’s stock has been declining day by day.
“I plan to defend myself against false accusations made against me by outside critics,” Milton tweeted in response to the allegations.
Trevor Milton has a child, but who is she?
Chelsey Milton, Trevor Milton’s only wife, is his only child. Chelsey is a gorgeous blonde woman with blue eyes who rose to fame as the wife of Trevor Milton, a billionaire. The pair married in 2017 and now live in a million-dollar home in Phoenix, Arizona. In addition, he is an animal lover.
Milton purchased a 2,000-acre Utah ranch with a 16,800-square-foot riverside mansion worth $32.5 million in November 2019, according to the Los Angeles Times. It was the most money ever paid for any property in the US state of Utah by a person.
Trevor Milton’s Net Worth: How much wealth does he have?
Trevor Milton, a billionaire businessman, has certainly amassed a fortune that is primarily based on his role as co-founder of the billion-dollar company “Nikola Motor Company.” Milton’s career began in 2001, and he hasn’t looked back since then, rising to become one of the world’s most well-known businessmen and billionaires.
With his billion-dollar earnings, he was also named to the Forbes World Billionaire’s List in 2020, with a net worth of $3.3 billion, owing to his 25% ownership of his co-founded business, which is worth $12.4 billion.
Following his exit from a billion-dollar firm in September 2020, the company’s stock has declined, bringing his net worth to $2.7 billion. Despite the fact that his net worth has declined by a certain amount, he is still a billionaire and lives in a spacious and luxurious multi-million-dollar home.
Trevor Milton’s height is uncertain.
Trevor Milton, a 39-year-old Billionaire, has a balanced average body physique. He has brown hair and black eyes and has a light complexion. He is 6 feet tall (1.83 meters) and weighs 80 kilograms (177lbs). He sports a size 7 shoe (US).
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