Trevor Milton is an American millionaire entrepreneur who is best known as the co-founder and former executive chairman of the “Nikola Corporation,” a hydrogen-electric truck manufacturer. Milton launched the company in 2014 with the goal of building semi-trucks powered by batteries and hydrogen, and it has now secured over $600 million in funding. The company combined with VectoIQ, a publicly traded corporation, in June 2020, to form Nikola Corp. Forbes included him on the World Billionaire’s list, estimating his net worth to be $3.3 billion, based on his previous position as the company’s executive chairman. His net worth was mostly derived from his ownership of 25% of the corporation, which was valued at $12.4 billion at the beginning of September 2020. However, after working for the firm for almost 6 years and making it a milestone, Miton resigned, which was followed by charges and claims that he made false statements and considered Nikola Motor Company to be a hoax for many years. In addition, he is active on social media, with roughly 106k followers on Twitter: @nikolatrevor.
How much is The Billionaire Trevor Milton’s Net Worth?
As a co-founder of the billion-dollar company “Nikola Motor Company,” Trevor Milton has likely made billions of dollars. This is likely because of his role in the company. A lot of people know Milton as one of the most well-known businessmen and billionaires in the world. His career started in 2001, and since then, he hasn’t looked back at all!
With his billion-dollar profits, he even made the Forbes World Billionaire’s List in 2020, with a net worth of $3.3 billion. This is because he owns 25% of the company he co-founded, which is worth $12.4 billion.
After he retires from a billion-dollar company in September 2020, the stock of the company has dropped, lowering his net worth to $2.7 billion. Because his wealth has dropped by a certain amount, even though, he is still a billionaire and lives in a beautiful multi-million dollar mansion.
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”.
Where is Trevor Milton from?
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 ethnicity 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 manager, and his mother was a real estate agent who died of cancer when Trevor was only 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.
Milton went on an 18-month church mission to Brazil after finishing high school, where he acquired Portuguese. He was an extremely imaginative child who was constantly eager to try new things. He went to Utah Valley State University for his first semester and then departed to seek a career in sales and marketing. His father was supportive of his life-altering decision. He also worked for St. George Security and Alarm for a year before leaving.
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.”
Who is Trevor Milton’s wife?
Chelsey Milton, Trevor Milton’s only wife, is his only child. Chelsey is a stunning blonde woman with blue eyes who rose to prominence as the wife of Trevor Milton, a billionaire. The pair married in 2017 and now reside 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 riverfront residence 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 an individual.
How tall is Trevor Milton?
Trevor Milton, a 39-year-old Billionaire, has a healthy average body build. He has brown hair and black eyes and has a fair complexion. Milton is 6 feet tall (1.83 meters) and weighs 80 kilograms (177lbs). He wears a size 7 shoe (US).
Quick Facts About Trevor Milton
Celebrated Name | Trevor Milton |
---|---|
Age | 40 Years |
Nick Name | Trevor |
Birth Name | Trevor Milton |
Birth Date | 1981-04-06 |
Gender | Male |
Profession | Entrepreneur |
Birth Nation | United States |
Place Of Birth | Houston, Texas |
Nationality | American |
Famous For | Famous as an American billionaire entrepreneur |
Ethnicity | White |
Horoscope | Pisces |
Best Known For | Known for being the co-founder and former executive chairman of the American company “Nikola Corporation” |
Father | Bill Milton |
Mother | Saily Milton |
Sexual Orientation | Straight |
Marital Status | Married |
Brothers | Travis |
University | Utah Valley State University |
Sisters | 3 |
Wife | Chelsey Milton |
Net Worth | $2.7 Billion |
Shoe Size | 7(US) |
Height | 6ft(1.83m) |
Weight | 80kg(176 lbs) |
Hair Color | Brown |
Eye Color | Black |
Face Color | Fair |