Having faith in your child’s potential is one thing — but believing they’ll become the richest person in the world? That’s the level of confidence Elon Musk’s father, Errol Musk, had in his son. During a recent interview with YouTube personality DJ Vlad,

While Elon Musk is certainly not in any danger of struggling to make ends meet, his wealth has taken a major hit over the past few months.Just recently, for example, Musk lost $29 billion US in a single day after shares of Tesla,

Tesla (TSLA) has lost about half of its market value, or $800 billion, due to the recently market selloff and its own struggling business. But its CEO Elon Musk remains the world’s wealthiest person,