Trevor Milton is an American entrepreneur with a net worth of $250 million. Trevor Milton is an entrepreneur best known for founding Nikola Corporation, a company focused on developing hydrogen-powered and electric trucks. He has played a significant role in advancing sustainable transportation technology. Despite facing controversies and legal challenges, Milton’s innovative vision continues to influence the automotive industry. His efforts aim to reduce carbon emissions and revolutionize the way we think about transportation.
Trevor Milton
Trevor Milton, a prominent figure in the tech and automotive industry, has garnered significant attention over the years. Known primarily for founding Nikola Corporation, his journey from humble beginnings to becoming a notable entrepreneur is both inspiring and controversial. This article delves into various aspects of Trevor Milton’s life, including his net worth, height, age, biography, hobbies, social media presence, relationships with friends and family, marital status, and children.
Early Life and Biography
Childhood and Education
Trevor Milton was born on April 6, 1982, in Layton, Utah, USA. Raised in a middle-class family, Milton’s early life was marked by his passion for technology and innovation. He attended Davis High School in Kaysville, Utah , where his interest in mechanics and engineering began to take shape. After high school, Milton enrolled at Utah Valley University, but he did not complete his degree, choosing instead to pursue entrepreneurial ventures.
Early Career and Business Ventures
Milton’s first foray into business was with an alarm sales company, which he founded at the age of 21. His initial venture did not yield significant success, but it laid the foundation for his future endeavors. He later founded dHybrid Systems, a natural gas storage technology company, which he sold to Worthington Industries. This sale provided Milton with the capital and experience to embark on his next major project: Nikola Corporation.
Trevor Milton bio:
| Attribute | Description |
|---|---|
| Full Name | Trevor Milton |
| Birthplace | Layton, Utah, USA |
| Age | 42 years |
| Height | 6 feet 2 inches |
| Net Worth | $250 million |
| Wife | Chelsey Bergmann |
| Children | Two |
| Education | Utah Valley University |
| Siblings | Travis Milton |
| Parents | Bill Milton, Sally Milton |
Rise to Fame with Nikola Corporation
Founding Nikola Corporation
In 2014, Trevor Milton founded Nikola Corporation, named after the famous inventor Nikola Tesla. The company’s mission was to revolutionize the transportation industry by developing hydrogen-powered and electric trucks. Milton’s vision and ambition quickly attracted investors, and Nikola Corporation went public in June 2020 through a reverse merger with VectoIQ Acquisition Corporation.
Achievements and Controversies
Under Milton’s leadership, Nikola Corporation promised groundbreaking advancements in hydrogen fuel cell technology and electric vehicle manufacturing. However, the company faced scrutiny and allegations of fraud, particularly regarding the viability of its technology and business claims. Despite stepping down as CEO in September 2020, Milton’s influence on the company and the industry remains significant.
Net Worth
Financial Success and Setbacks
Trevor Milton is an American entrepreneur with a net worth of $250 million. He co-founded Nikola, an electric truck maker, and was often compared to Elon Musk at the peak of his fame. In June 2020, Nikola’s market cap reached $30 billion, making Trevor’s net worth nearly $12 billion. He resigned in September 2020 amid fraud allegations but still owns about 20% of the company. Milton was found guilty of fraud in October 2022 and sentenced to four years in prison in December 2023, though he remains free on bond pending appeal.
Physical Attributes
Height and Appearance
Trevor Milton stands at approximately 6 feet 2 inches (188 cm) tall. His physical appearance has been described as commanding, with a presence that matches his entrepreneurial ambition. Milton’s stature and demeanor have contributed to his ability to lead and inspire teams in the competitive tech and automotive industries.
Personal Life
Real Name and Background
Trevor Milton’s full name is Trevor R. Milton. He has kept much of his personal background private, focusing public attention on his professional achievements and vision for the future of transportation.
Family and Upbringing
Milton grew up in a close-knit family in Layton, Utah. His parents, deeply rooted in their community, instilled values of hard work and perseverance in him from a young age. He has often credited his family’s support as a crucial factor in his entrepreneurial journey. Trevor Milton bio:
Hobbies and Interests
Passion for Innovation
Trevor Milton’s primary hobby is closely tied to his professional life: innovation. He is passionate about developing new technologies and finding sustainable solutions to modern challenges. This passion has driven his success and continues to motivate him despite setbacks.
Outdoor Activities
Apart from his professional pursuits, Milton enjoys outdoor activities such as hiking, skiing, and fishing. Growing up in Utah, he developed a love for nature and often spends his free time exploring the scenic landscapes of his home state.
Social Media Presence
Platforms and Engagement
Trevor Milton is active on several social media platforms, including Twitter and LinkedIn. He uses these platforms to share updates about his professional endeavors, thoughts on industry trends, and personal reflections. His social media presence has garnered a significant following, with many looking to him for insights into the future of technology and transportation.
| Social Media Account | Username |
|---|---|
Influence and Controversies
Milton’s social media activity has not been without controversy. His posts have occasionally sparked debates and attracted criticism, particularly during the height of the allegations against Nikola Corporation. Despite this, he remains an influential figure on social media, with a dedicated base of supporters and followers.
Relationships
Friends and Professional Network
Trevor Milton has built a vast professional network over the years, including relationships with industry leaders, investors, and fellow entrepreneurs. His ability to connect with influential figures has been a key factor in his success. Milton’s friends and professional contacts often describe him as charismatic, driven, and visionary.
Family Life
Milton maintains a close relationship with his family. Despite his busy professional life, he values family time and often speaks about the importance of family support in achieving success. His upbringing in a supportive family environment has profoundly influenced his values and work ethic.
Marital Status and Children
Wife and Marriage
Trevor Milton is married to Chelsey Bergmann. The couple has maintained a relatively private life, keeping details about their relationship and family out of the public eye. Chelsey has been a supportive partner throughout Milton’s entrepreneurial journey, standing by him during both successes and challenges.
Children
Trevor and Chelsey Bergmann have two children. The couple has chosen to keep their children’s lives private, ensuring they are shielded from the public spotlight. Milton often emphasizes the importance of family and privacy, particularly concerning his children’s upbringing.
Conclusion
Trevor Milton is an American entrepreneur with a net worth of $250 million. Trevor Milton life and career are a testament to the highs and lows of entrepreneurial ambition. From founding Nikola Corporation to facing significant controversies, his journey is marked by resilience and a relentless drive for innovation. Despite the challenges, Milton remains a significant figure in the tech and automotive industries, with a lasting impact on the future of sustainable transportation. Through his professional achievements, personal life, and enduring passion for innovation, Trevor Milton’s story continues to unfold, offering lessons and insights for aspiring entrepreneurs worldwide.
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