While being the wealthiest man in the world comes with the perks of the title, being the one who manages their funds, personal office, and other ventures is not as easy and exciting as it sounds.
Even though he had to give up his title as the current richest man, Elon Musk is still one of the wealthiest people alive with multiple businesses in vast areas and also enjoys the top position in some of the biggest offices in the world.
While he goes on buying social media platforms one day or finds himself in trouble for a statement or event, Jared Birchall is the man who is expected to take care of it all.
Being with Musk for the past six years, the duties of Jared Birchall start from the simple things like arranging the bodyguards for Musk, to massive tasks such as arranging huge loans, managing his home office Excessions, and even fulfilling his duty as the CEO of Musk’s neurotechnology company Neuralink.
Who Is Jared Birchall?
Birchall had been working with the billionaire for the past six years and according to the available information from different sources, he is one of the closest associates of Elon Musk – a person from his inner circle.
He had been serving as the right-hand man for Musk and rather than making public appearances, Jared operated in the background. Jared Birchall is a vital part of most of Elon Musk’s business and as the empire keeps growing, the duty of Jared also seems to increase.
To look at the most recent event, Jared Birchall is speculated to have a vital role in the accusation of Twitter by Elon Musk. The purchase of Twitter came at an estimated price of $44 billion and the deal has brought media attention to Birchall.
Looking deeper at the role plate by Jared Birchall in Musk’s empire, he can be seen listed at some of the pivotal positions in his many businesses.
While Musk’s neurotechnology company Neuralink describes Jared Birchell as their CEO, he also takes up the position of manager, director, and child financial officer at other such establishments.
Even though Birchall is said to have such titles in different companies, sources reveal that he does not have the real executive powers to exert his command at any of these firms and that his name was added to these lists just for the sake of legal conveniences.
Sources reveal that even though he is the CEO of Neuralink, Birchall rarely visited Neuralink and also that he was not at all involved in the day-to-day functioning of the company.
While Musk goes on expanding his firm, it is Jared Birchall who manages his schedule back in his home office, Excessions.
Managing the family business of a person like Elon Musk, as obvious as it is, is not at all a cakewalk. The cultural differences between the circumstances that Jared and Musk were brought up are also drastically different.
While Musk is an eccentric billionaire, who goes on doing some pretty bizarre thighs, Jared was a person brought up in a low-key Mormon family and the match between him and the three-times divorced Musk is quite surprising.
Musk recently had two children with musician Clair Boucher, a boy and a girl who are named X and Y respectively.
While Musk is away doing his thing at his business, Jared Birchall takes care of things like contacting the bank and arranging the massive loans needed for Musk, managing his flight schedules and arranging his jets, and hiring people like security guards and even nannies. Birchall closely simplified the more complex events for Musk’s family.
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About Jared Birchall
Originally from Austria, Jared Birchall was born in 1974. As of 2022, Birchall is 48 years old.
He had been associated with Elon Musk for the past six years and is involved in almost all ventures of Elon Musk, including managing his family office, Excession. Jared Birchall was hired by Elon Musk in 2016 by the American investment management and financial services company Morgan Stanley.
Birchall attended Brigham Young University in 1999 and earned a Bachelor’s degree in arts from the University. Birchall joined Goldman Sachs as a financial analyst in the same year and he left the job around a year later in 2000.
After leaving the firm, Jared joined Merrill Lynch and he stayed at the company for around a decade, until he left in 2010. He took up the job of a private wealth advisor at Merril Lynch. Morgan Stanley was the third company Jared worked for after completing his education at the University.
He joined the firm in 2010 and served the company until 2016 as the vice president, from where he was hired by Elon Musk. Jared first became the managing director of Musk’s family business Excession and later expanded his involvement and positions in Musk’s business.
Today, Jared Birchall also owns a considerable amount of wealth, but not anything as near as his boss.
While the normal pay for the head of a family office is estimated to be 1 to 3 billion per year, given the status of Elon Musk and the weight of the job that Jared handles, he is estimated to be much more than the speculated average salary.
Jared moves his family to Texas in 2020 after buying a $2.25 billion mansion there.
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