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.
With his former position as the executive chairman of the company, Forbes listed him on the World Billionaire’s list assessing his net worth to be of $3.3 billion. His net worth’s major source was as the shareholder of 25% of the company whose worth was of $12.4 billion at the beginning of September 2020.
However, after working in the company for over 6 years making it a milestone, Miton made his departure from his position which was followed by allegations and accusations against him of making false statements and considering Nikola Motor Company to be a fraud for over many years. Besides, he is also active in the social media platform with around 106k followers on his Twitter: @nikolatrevor
What is Trevor Milton famous for?
- Famous as an American billionaire entrepreneur.
- Known for being the co-founder and former executive chairman of the American company “Nikola Corporation”.
Source: @forbes
Where is Trevor Milton from?
Trevor Milton was born on April 6, 1981, in Houston, Texas, United States. His birth name is Trevor Milton. American is his nationality. His ethnicity is White while Pisces is his zodiac sign.
Trevor was born to Bill Milton(father) and Saily Milton(mother). His father is a retired Union Pacific Railroad manager while his mother was a realtor who died due to cancer when Trevor was just 15 years old. He has three sisters and a brother named, Travis. He was raised in a Mormon household in Los Vegas. At the age of 8, his family moved to Utah where he did his schooling. He is also a member of The Church of Jesus Christ of Latter-day Saints.
After completing his high school, he participated in an 18-month church mission to Brazil where he learned Portuguese. As a child, he was very creative and always was interested to do something new. He attended Utah Valley State University and left after completing his 1st semester to pursue his career in sales and marketing. His life-changing decision was supported by his father. He also joined St. George Security and Alarm and left it within a year.
Source: @transporttopics
Trevor Milton’s Career Highlights: Nikola Corporation
- Trevor Milton started his professional career as a businessman in 2001 by commencing an alarm sales company.
- He left the company for an expressed $300,000, but, his business partner claimed that his exit payment was “much smaller”.
- Then, he began an online classified ads website selling used cars but it turned out to be a huge fail for him.
- He continued his business career by establishing his own alternative energy vehicles company called diHybrid Incorporation.
- In 2012, his company earned a profit with a great margin after signing a truck-conversion deal with Swift Transportation.
- He sold his company to Worthington Industries in 2014.
- Milton rose into prominence after he co-founded Nikola Motor Company along with his brother, Travis in 2015.
- Since the starting of the company, he worked as an executive chairman from which he resigned in 2020.
- Also, he holds 25% shares of his co-founded company and he has been listed on the list of Forbe’s World Billionaire’s List 2020.
- He left his post of executive chairman of the company on September 20, 2020, after Hindenburg Research released a report accusing him of making false statements and considering Nikola Motor Company to be fraud for over many years.
- Before he got accused by Hindenburg Research, his company established ties with General Motors. However, his company’s shares have been decreasing day by day since the allegation report released by Hindenburg Research.
- In response to the allegations, Milton tweeted, “I intend to defend myself against false allegations leveled against me by outside detractors.”
Source: @trucknews
Who is Trevor Milton’s wife?
Trevor Milton is married to his only wife, Chelsey Milton. Chelsey is a beautiful blonde lady with blue eyes who got recognition for being the wife of her billionaire husband, Trevor Milton. The couple got married in 2017 and have been living in their million worth house in Phoenix, Arizona. Furthermore, he is an animal lover.
In November 2019, the Los Angels Times reported that Milton became the owner of a 2,000 acre Utah ranch with 16,800 square foot riverside in a mansion worth $32.5 million. It was the highest amount of money paid by an individual for any property in the US state of Utah.
How much is The Billionaire Trevor Milton’s Net Worth?
Billionaire businessman, Trevor Milton has undoubtedly managed to amass his net worth which is mostly supported by his position of the co-founder of billion worth company, “Nikola Motor Company”. Having his career started since the year 2001, Milton hasn’t stepped back from achieving the position that he has achieved now becoming one of the reputed businessmen and one of the billionaires in the whole world.
With his billion worth earnings, he was even enlisted on the Forbes World Billionaire’s list in 2020 after his net worth got estimated to be $3.3 Billion which was mostly because he owns 25% of his co-founded company whose worth was $12.4 billion.
Following his departure from billion worth company in September 2020, the company’s shares have been decreasing and thus letting his net worth to be $2.7 Billion. Even though his net worth is decreased by a certain percent, he still is a billionaire and is currently living a lavish and luxurious multi-million worth house.
How tall is Trevor Milton?
The 39 years aged Billionaire, Trevor Milton has a healthy average body physique. He has a fair complexion with brown hair and a pair of black eyes. He stands at a height of 6ft(1.83m) and has a body weight of 80kg(177lbs). He wears a shoe of size 7(US).
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